Venture funding hit the brakes as expected this last quarter, with Q3 2022 ending at a total of $81 billion in global venture capital investments. This was $90 billion less than last year—a 53% year-over-year reduction—according to a Crunchbase News analysis. Early-stage funding made up $34 billion of the overall total, a 39% year-over-year decrease. Series A funding fared better than Series B, down 23% year-over-year versus 54%.