Deal-watching bean counter CB Insights’ State of Venture Funding report has outlined just how far the investment markets have slumped, post-covid. Worse, it appears that there is more pain in store, as budgets bite and funding dries up. The webinar, a pleasantly to-the-point affair, saw Benjamin Lawrence, Managing Analyst, kick things off by declaring that global venture funding has dropped to its lowest level since 2017, that sustainability and GenAI are attracting interest from investors, that there has been a slight rebound in ‘unicorns’ valued north of $1 billion, that IPOs have declined while M&A have increased, and that Europe is ahead of the US in terms of quarterly exits. On the first point, Lawrence said “unfortunately, it looks like…