Venture Capital
Tech startup investments continued to retreat in 2023 as venture capitalists tightened their belts and companies trimmed costs amid uncertainty about the broader economy. Total funding to Pacific Northwest startups fell nearly 60% year-over-year in 2023, according to GeekWire’s funding list. And not a single unicorn was crowned this year — after nine reached the $1 billion valuation threshold in 2021. But there were still a handful of startups across the region that raised sizable funding rounds to fuel growth in the months and years ahead.