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Always
It’s hard to know how the start-up category is doing in a downturn. But if you asked me a few months ago, I would have expected cybersecurity to be relatively immune to the recession, like
data observability
. AI and animal husbandry haven’t been spawned on my card though. —
Anna
. AI and animal husbandry haven’t been spawned on my card though. —
Anna
Anna
TOUGH H1
Last quarter’s numbers on cybersecurity investments are out, and they’re not good, to a surprising degree. Cybersecurity startups raised just $1.6 billion in venture capital in the second quarter of this year, according to Crunchbase data.
Not only does this represent a 63% quarter-on-quarter decline, but it is also the lowest amount the industry has raised in any given quarter since Q4 2019.
