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Business doesn’t stop for startup execs during crisis. But it sure changes.

May 31, 2020

This is an article about portfolio company, Ankervall Technologies.

As the economic uncertainty from the coronavirus pandemic lingers, founders of Southeast Michigan startup companies are, like everyone else, wondering what’s next.

Late May data from research firm Global Data shows that venture capital funding, the lifeblood of most any growing startup, has slowed down significantly in recent weeks, dropping 5.5 percent in March from the previous month. Higher-value deals of $10 million and above have taken the biggest hit, according to the report.

View source version on crainsdetroit.com: https://www.crainsdetroit.com/entrepreneurship/business-doesnt-stop-startup-execs-during-crisis-it-sure-changes

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