RESEARCH TRIANGLE PARK — The PitchBook-NVCA Venture Monitor report for Q3 2023 is out, and a number of North Carolina-based companies and funds were featured as “top deals.”

Overall, deal flow last quarter was close to the lowest overall venture deal value in six years, according to the report released Thursday.

Our region is “scrappier” than most, though, investor Scot Wingo told WRAL TechWire in response to the report.

Triangle investors defy national trend with strong venture deal flow in Q3

And North Carolina did see a number of deals, plus activity from three top funds — take a look.

Deals by Region

Of the 668 “top deals” included in the report, 30 of the deals were in North Carolina:

Top Deals by State

Of the 400 "Top Deals by State," 10 North Carolina deals were featured:

Top Funds by Region

Of the 163 "top funds" included in the report, 3 of the funds are in North Carolina:

PitchBook-NVCA reports are based on data collected through quarterly surveys; transactions are considered deals if they are "equity investments into startup companies from an outside source."

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