The valuation of the top 100 tech unicorns fell by $10 billion in 2023, a new report has found, as worsening economic conditions led to fewer funding rounds and depressed valuations.
The aggregate value of the Top 100 Unicorns stood at $2,001bn compared to $2,012bn the year before, according to PwC’s latest Global Top 100 Unicorns, a drop of around 1%, compared to a rise of 30% in the previous year.
