CB Insights analyzes the sharp reversal in global venture capital activity following the 2021 peak, highlighting how funding, dealmaking, and exits reset across markets in 2022. The data points to a 35% funding decline and an abrupt slowdown in late-stage capital, raising questions about whether prior valuations were sustainable.
State Of Venture
CB Insights
Research
273 Pages
Key Takeaways
Global Funding Reset: Venture funding fell to $415.1B in 2022, down 35% YoY, with Q4 funding dropping 64% YoY to $65.9B, effectively reverting to pre-2020 levels.
Unicorn Creation Collapse: New unicorn births dropped 52% YoY to 258 in 2022, with just 19 created in Q4, marking an 86% decline from the prior year’s quarterly peak.
Mega Round Contraction: $100M+ rounds totaled $190.1B in 2022, down 49% YoY, while the number of such deals declined 42% to 923 globally.