The Q3 2022 edition of KPMG's Venture Pulse report highlights the subdued global VC investment trends, with no indication of when market conditions will improve. Private Enterprise's quarterly report highlights the key global VC investment, which is expected to remain subdued in Q4'22. The strongest companies will continue to attract capital, while down rounds will likely become more common. M&A activity is expected to increase as some companies consider alternatives to IPO exits and startups unable to obtain funding look to sell. Regionally, the Americas, Europe, and Asia all saw both VC investment and business activity decline to levels not seen since early 2020. The report also discusses other global and regional trends, including the declining interest in consumer-driven business models, the growing focus on alternative energy sources, and the increasing interest in decentralized finance. Despite strong fundraising activity, VC investors took a cautious approach to their investments this quarter.