Q&A with Coinbase Ventures’ head Shan Aggarwal on the impact of FTX’s collapse on his VC firm’s 400+ company portfolio, ramifications for the industry, and more (Gené Teare/Crunchbase News)

Gené Teare / Crunchbase News:
European venture capital funding totaled $16B in Q3, down 44% YoY and 35% QoQ, the lowest level since $13.4B in Q4 2020; $8.6B went to late-stage startups  —  European venture funding for third-quarter 2022 continues to fall, sliding to its lowest point in nearly two years as early-stage investment shows clear signs of weakness.

Gené Teare / Crunchbase News:
Global VC funding in Q3 2022 was $81B, down 53% YoY from $171B and 33% QoQ from $121B, the lowest level since $70.6B in Q1 2020  —  The big global venture capital pullback we were all expecting is truly here.  —  Venture and growth investors in private companies scaled …

Gené Teare / Crunchbase News:
Analysis: AI startup funding has been around 9%-10% of global VC investment in recent years, led by robotics, autonomous vehicles, and enterprise software  —  Editor’s note: In this four-part series, we explore the impact of artificial intelligence startups on multiple sectors.

Vikas SN / Moneycontrol:
Meta confirms WhatsApp India head Abhijit Bose and India’s public policy head Rajiv Aggarwal have stepped down; sources say the exits are not layoff related  —  Shivnath Thukral, who is currently serving as the director of public policy at WhatsApp India, has been appointed the director …

Chris Metinko / Crunchbase News:
Analysis: FTX Ventures, which launched a $2B fund in January 2022, participated in 47 venture rounds that raised ~$3B, with the firm leading or co-leading 19  —  While everyone is still sifting through the immediate FTX wreckage, there is a good chance more decimated debris is on the way.

Stephanie Condon / ZDNet:
Google Cloud announces the Blockchain Node Engine, helping developers build and manage blockchain-based products, starting with Ethereum  —  Google Cloud on Thursday unveiled Blockchain Node Engine – a fully managed service for Web3 developers that wants to build and manage products for blockchain-based platforms.