|
Laxman Pai, Opalesque Asia: Venture capital (VC) investment in the Americas reached a three-quarter high of $94.5 billion across 3,331 deals in Q1'25, driven primarily by activity in the US, which accounted for $91.5 billion across 3,003 deals, revealed a study.
According to KPMG Private Enterprise's Venture Pulse, the quarter was marked by a wave of megadeals in the large language model (LLM) space, including the standout $40 billion raise by OpenAI. Despite the jump in total investment, deal volume declined for the fourth consecutive quarter, underscoring continued investor caution in the region.
While VC investors had been optimistic following the US presidential election, renewed concerns over tariffs and related market volatility introduced fresh uncertainty that tempered momentum.
Outside the US, Canada saw muted VC activity amid its intensifying tariff dispute with the US; Total VC investment in Canada fell to just $917 million across 148 deals, levels not seen since early 2018.
The muted activity was also likely influenced by the upcoming federal election in April, which caused many VC firms and corporate investors to hold off on major funding decisions. Among the largest Canadian deals of the quarter were a $53 million raise by LemFi, a financial services platform for immigrants, and a $50 million round by Clutch, an online automotive buy-and-sell platform.
In Latin America, Mexico saw VC investment drop from $626 million to $281 million ...................... To view our full article Click here
|
RSS
