# Bangladesh see a major decline in securing investments for Start-Ups!! 

> In the first quarter of this year, only four Bangladeshi startups received venture capital funding, marking a 70% decline from the previous quarter and an 82% decrease compared to the same period last year. The total in…

Published: 2024-06-25 · Desk: Tech & Startup · Source: DhakaTribune

In the first quarter of this year, only four Bangladeshi startups received venture capital funding, marking a 70% decline from the previous quarter and an 82% decrease compared to the same period last year. The total investment in Bangladeshi startups amounted to approximately $6.7 million. This decline in funding extends globally, with startup investments dropping by 26% to $44 billion worldwide. The decrease in investment has led to a reduction in direct jobs at Bangladeshi startups, which now stand at around 35,000, down by a third since mid-2022.

Original reporting: https://www.dhakatribune.com/business/344705/investment-in-bangladeshi-startups-drop-70%25-in
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