VC-Backed Startup M&A Dropped 31%, And Coatue Cuts Deal Count

[Crunchbase News]( February 3, 2024 [1]( [Rough Ride: M&A Dropped 31% For VC-Backed Startups In 2023]( Dealmaking involving venture-backed startups hit an eight-year low last year, as strategic and private equity buyers decided to keep their cash, likely waiting to see how far startup valuations would drop. [M&A Falls →]( [2]( [Coatue Cuts Deal Count 82% From 2021’s Highs]( Coatue — one of the highest-flying investors back in the record-shattering venture days of 2021 — came back down to earth last year, curtailing the number of deals it did by 82% from just two years ago. [Coatue Cutbacks →]( [3]( [The State Of Startups In 7 Charts]( Many of the startup investors and entrepreneurs we’ve spoken with recently say that even if startup fundings don't come roaring back in 2024, they’re at least looking forward to a year of relative calm and predictability. [State Of Startups →]( [4]( [PE Firms Have Paid Richly For Software Startups. When Will They Resume Spending?]( Over the past five years, the most-active PE buyers have spent over $36 billion to buy dozens of private software companies. But M&A deals for private companies have slowed considerably in recent quarters. [PE Software Spending →]( [5]( [5 Deals You May Have Missed In January: Humanoids, AI Relationships And Cleaning Up Space]( Although it may be a different year, AI is still big and doing intriguing things, while humanoids are becoming more viable and space is getting cluttered. So let’s take a look at what we might have missed. [Interesting Deals →]( [6]( [Why Nautical Investors Are Pouring Capital Into Better, Lower-Carbon Ships And Boats]( With fuel-guzzling cargo ships traversing the world’s oceans estimated to emit more CO₂ into the atmosphere each year than all the airlines in the world, startups looking to address the issue have raised quite a bit of capital. [Nautical Investment →]( [Privacy Policy]( | [Terms of Service]( | [View in Browser]( | [Unsubscribe]( Crunchbase, Inc. 564 Market Street, Suite 700 San Francisco, CA 94104