Upstart tech companies delivering their product or service via an API raised mammoth amounts of capital during the final year of the 2021-era startup boom. Things have slowed in the intervening quarters.
New data indicates that while the group of companies raised more capital in 2022 than in 2020, a downward trend in fundraising activity throughout the last calendar year shows that no startup cohort is immune from the venture capital slowdown. And that applies to the groupings of new tech companies that were among the hottest before the recent downturn, too.
The Exchange explores startups, ma
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