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venture-capital-has-lots-of-dry-powder-in-2023

Venture capital has lots of dry powder in 2023

In 2022, VCs raised a grand total of $162.6 billion across 769 funds in fresh capital. That followed 2021’s own venture fundraising record of $154.1 billion. As of Sept. 30, 2022, there was about $298.5 billion of dry powder, per PitchBook. . . .

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