Q1 2025 global VC investment deals and deal amounts take a dip versus a year ago | NVCA
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Summary
Global venture capital (VC) deals fell in Q1 2025 compared with the same period a year ago, according to data from Pitchbook and the National Venture Capital Association.
There were 3,155 deals in North America, 1,852 in Europe, 2,063 in Asia, 156 in Latin America, and 325 in the rest of the world in Q1; these figures represented declines of 26%, 30%, 13%, 50%, and 43% respectively from the same period a year ago.
-Total capital invested rose sharply, driven by large B2B rounds; overall, VC-backed exit activity lagged, with deal values totalling $78.2bn.
In the US, AI captured 48.5% of all investment, led by OpenAI’s 40bnfundinground;however,therewereonly12IPOsand10bn of new commitments.
In Asia, the picture was subdued due to geopolitical tensions and macroeconomic uncertainty, with the number of deals down but capital invested up, helped by a $2bn raise for Binance; VC exits were at their lowest since 2019.
In Europe, VC deal value slowed, but sectors such as AI, life sciences and fintech were resilient;