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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 occurred 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

Below we break venture capital into three distinct stages:

Startup stage ($0-15M rounds)
Breakout stage ($15-100M rounds)
Scaleup stage ($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 2024 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

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

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.

Explore the data seen below, VC investment by leading industries in 2024, here on the platform.

Geographic Trends

Metro Hubs

Bay Area leads globally for VC investment raised, followed by Beijing, New York and London.

Below we show the latest data on VC investment by leading global hubs in 2024.

Benchmark these cities and any others, here on the app.

Recent trends

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.

You can find a more detailed breakdown of VC investment trends for regional and country level geographies here.

Per Capita

Relatively smaller ecosystems such as Singapore, UAE, and Switzerland are amongst the best performing globally when looking at VC investment on a per capita.

Unicorns

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.

The State of Global VC