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The State of Global VC

The State of Global VC

Venture capital investment activity has been slowing down after the 2020/2021 hype years but still enjoys a continuous structural tailwind.

In 2023, close to $315B was invested in tech companies globally.

Access the leading funding rounds in 2023 that occured and new funding rounds in 2024.

By geography

US, China and the UK lead globally in terms of VC investment over the past few years. Explore VC investment trends globally here on the app.

Explore the top tech ecosystem guide to browse 201 tech ecosystems ranked by their readiness for the next ten years of frontier tech.

By Stage

In 2023, close to $315B was invested in tech companies globally.

Below we break venture capital into three distinct stages: Startup stage ($0-15M rounds), breakout stage ($15-100M rounds), and scaleup ($100M+ rounds).

This provides more consistent and timeless segmentation of the startup & venture capital landscape (more so than self-reported round labeling, which are applied inconsistently, especially between business cycles).

Access the top rounds in 2023 thus far.

Early stage

Access early-stage funding rounds into global startups here on the platform.

Breakout stage

Access breakout-stage funding rounds into global startups here on the platform.

Late stage
Amount raised as well a number of mega rounds are on a downward trend, yet some of the biggest ever megarounds have happened after 2021.

By leading segments

In 2023, Generative AI, Electric Mobility and EV batteries raised significant VC funding compared to previous years and the global average.

Explore the leading segments by VC investment here on the app.

By business model

Companies are segmented on Dealroom based on the Dealroom proprietary taxonomy.

Learn how best to understand it here on our dedicated explainer page.

SaaS has steadily become the most prominent investment category in venture capital, with close to half of global VC investment going to SaaS tech companies.

For more information on SaaS startups, consult our dedicated guide.

By industry

Fintech and Health consistently top the VC investment per industry charts in the last five years.

However Energy is the sector that registered the littlest slow down after the 2021 boom.

VC by region

While VC investment fell globally in 2023, some African and MENA ecosystems bucked the trend.

Compare VC investment on a per country basis here on the Dealroom platform.


Over 400 cities worldwide that have founded or are home to a unicorn company.

Discover 2700+ verified unicorns on the Dealroom platform.

After a boom at the end of 2020, unicorn creation has been rapidly slowing down. However, in 2023, over 100 new unicorns were minted globally.

Consult our unicorn guide to learn more about unicorns and other companies valued above the $1B threshold.

Related content

  • Report: Read about the state of Global VC in the most recent quarter here.
  • Dealroom data: Explore all funded companies globally on the Dealroom platform.
  • Dealroom data: Benchmarking analysis of over 200 startup ecosystems globally report
  • Guides: Read out Guides on major regions such as the US, Europe and EMEA.