Venture capital funding in Web3 start-ups down 82% year over year: Crunchbase
Crunchbase noted that while funding for Web3 startups had a bearish start to 2023, "venture capital funding is down in almost every industry.”
![Venture capital funding in start-ups up Web3 down 82% year over year: Crunchbase](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-04/b3cec4ed-79f1-47cd-bb5f-45e29f0c77fe.jpg)
![Venture capital funding in Web3 start-ups down 82% year over year: Crunchbase](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDQvYjNjZWM0ZWQtNzlmMS00N2NkLWJiNWYtNDVlMjlmMGM3N2ZlLmpwZw==.jpg?#)
Crunchbase noted that while funding for Web3 startups had a bearish start to 2023, "venture capital funding is down in almost every industry.”
![Venture capital funding in start-ups up Web3 down 82% year over year: Crunchbase](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-04/b3cec4ed-79f1-47cd-bb5f-45e29f0c77fe.jpg)
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