After a record-setting 2021, global retail tech investment slows dramatically in Q2'22.
Retail tech companies raised $13.2B in Q2’22 — down 43% from the previous quarter, continuing the decline from record highs in 2021. As funding fell across the global venture ecosystem, the decline in retail tech dollars was the largest across the major sectors CB Insights covers.
Below, check out a few highlights from our 232-page, data-driven State of Retail Tech Q2’22 Report. For deeper insights, all the record figures, and a ton of private market data, download the full report.
Q2’22 highlights across the retail tech ecosystem include:
- Funding from mega-rounds ($100M+ deals) fell to $6.7B, down 58% compared to Q1’22.
- New unicorns have also fallen the past 2 quarters. Of the retail tech unicorns that emerged in Q2’22, the US led across regions with 5.
- Retail tech startups are taking more time — 2 months at the median — to move from raising their Series A (early-stage) to Series B (mid-stage) rounds in 2022 so far.
- With 160 M&A deals in Q2’22, retail tech M&A activity continued to decline from its peak in Q4’21 (207). Public exits also fell.
- Tiger Global Management was the top retail tech investor in Q2’22, with investments in 15 companies. 500 Global came in second place with investments in 10 companies, and Gaingels followed with 9 companies.
Download our Q2’22 State of Retail Tech Report to learn more about all these trends and more.If you aren’t already a client, sign up for a free trial to learn more about our platform.