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Laxman Pai, Opalesque Asia: Global venture capital (VC) fundraising activity remained on record pace at mid-year, with $158.2 billion in fundraising by the end of Q2 2022, driven by activity in the US, said a study. The growth is well on track to exceed the $$252.2 billion record high set in calendar 2021.
According to the Q2 2022 edition of Venture Pulse, published by KPMG Private Enterprise, the US helped buoy global fundraising amounts, accounting for $121.5 billion at mid-year, compared to the $138.9 billion annual record high the region saw in 2021.
VC investment in cybersecurity, alternative energy, electric vehicles, and battery storage in the US held strong in Q2 2022 and is well-positioned to remain hot heading into Q3 2022.
Fundraising activity in Europe fell off record pace, with $13.3 billion in fundraising at mid-year, while fundraising in Asia remained very subdued compared to previous highs, with $16.9 billion raised in the first half of 2022.
Meanwhile, global VC investment dropped considerably, from $165.3 billion across 11,468 deals in Q1 2022 to $120.2 billion across 8,420 deals in Q2 2022.
Against a backdrop of geopolitical, supply chain, and economic uncertainty, overall global VC investment is falling, but several sectors, including fintech and cleantech, are beneficiaries of more selective investments.
VC investment in the Americas dropped from $89.3 billion across 5,034 deals in Q1 2022 to $66.2 billion across 3,778 deals in Q2 ...................... To view our full article Click here
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