The global venture ecosystem continues its slowdown in Q2’22 as funding decreases by 23% QoQ.
Global venture funding saw $108.5B raised across 7,651 deals last quarter — marking the biggest quarterly percentage drop in deals (and the second-largest drop in funding) in a decade. Despite this eye-opening decline, funding and deal totals remain above levels last seen in 2020.
US-based companies accounted for nearly half of all funding, with some of the largest rounds of the quarter going to Epic Games, SpaceX, and Intersect Power.
Other Q2’22 highlights across the venture ecosystem include:
- Mega-rounds ($100M+) reached $50.5B, accounting for 47% of total global funding last quarter.
- M&A deals trended down for the first time in 8 quarters, dropping to 2,502 — a 6-quarter low.
- For the first time since Q4’20, fintech startups accounted for less than a fifth of all funding.
- The US raised the most in Q2’22 venture funding ($52.92B), followed by Asia ($27B) and Europe ($22.7B)
- Global unicorn births slowed to 85, bringing the total unicorn count to 1,170 — a modest 6.8% QoQ increase. Entrants include KuCoin ($10B valuation), The Boring Company ($5.7B), and SonarSource ($4.7B).
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