Global venture funding reached $143.9b raised across 8,835 deals in Q1’22, down 19% from the previous quarter’s funding. Despite the slowdown, Q1’22 marked the fourth-largest quarter for funding on record. Additionally, $1 out of every $5 of venture investment went to fintech companies, which saw $28.8b raised across 1,399 deals.
Other Q1’22 venture activity highlights include: The global unicorn count hit a new high in Q1’22, reaching 1,070 — up 62% YoY, even as new unicorn births decreased 15% QoQ to 113. New entrants include Miro ($17.5B valuation), RELEX Solutions ($5.7B), and Qonto ($5B). Mega-rounds (worth $100M+) reached $73.6B across 350+ deals, accounting for 51% of total global funding. M&A exits increased for the 7th straight quarter, hitting a record high of 2,983 in Q1’22. IPOs and SPACs, however, dipped substantially, with both decreasing by more than 40% QoQ — perhaps due to the lackluster performance of IPOs over the past year.
https://www.cbinsights.com/research/report/venture-trends-q1-2022/