Venture Pulse Q2 2017: Global Analysis of Venture Funding
Welcome to the Q2’17 edition of the KPMG Enterprise Venture Pulse Report. In this quarter’s report, we highlight the key trends, opportunities and challenges facing the venture capital (VC) market globally and in key regions around the world.
Despite an ongoing decline in the number of VC deals globally, there was a major uptick in VC investment during Q2’17. A significant number of mega-deals in all regions helped drive this funding increase, including China-based Didi Chuxing’s record-shattering
$5.5 billion funding round. Given the return of global mega-deals, it comes as no surprise that this quarter saw the birth of 16 new unicorn companies — the highest level experienced since Q2’15.
US Initial Public Offering (IPO) activity continued to make a turnaround during the quarter, with a number of technology companies achieving successful exits. In tandem with solid merger and acquisition (M&A) activity, this renewal is a positive sign for the market.
Q2 saw biotech and autotech attracting continued interest from investors, these are expected to be hot areas of VC investment in Q3, in addition to artificial intelligence (AI), analytics, and virtual reality technologies. Blockchain is also expected to remain on the radar of investors, with a growing focus on the technology’s applicability across sectors and verticals.
In this edition of the Venture Pulse Report, we look at these and other global and regional trends, including:
- The pickup in mega-deals activity across the globe
- The ongoing decline in number of deals, specifically at the seed and early-stage deal levels
- The drivers behind advancements in autotech
- The growing focus on business to business (B2B)
We hope you find this edition of the Venture Pulse Report insightful. If you would like to discuss any of the results in more detail, please contact a KPMG adviser in your area.
Click on the report below for more information.