Global VC investment is likely to continue to fall throughout the final quarter of 2022 as Q3 sees the third consecutive drop in deals and funding value, according to the Q3 2022 edition of Venture Pulse – a quarterly report, published by KPMG Private Enterprise.
The report, which analyses key VC deals and trends globally, reveals that global VC funding fell to a nine-quarter low of $87 billion in Q3 2022, with levels not seen since 2020 in the Americas, Europe, and Asia. The decline in the number of deals was even more marked during the quarter, with just 7,817 VC deals globally—the lowest volume since Q4 2017.
During Q3 2022, all major regions attracted at least one $1 billion-plus megadeal. As well as US-based SpaceX raising $1.9 billion, Germany-based Celonis raised $1.4 billion, China-based Sunwoda EVB raised $1.2 billion, Sweden-based Northvolt raised $1.1 billion, and US-based TerraWatt Infrastructure raised $1 billion.
Read more: Private Equity Wire
