Q1 2025 global VC investment deals and deal amounts take a dip versus a year ago | NVCA

Global Venture capital transactions decreased in 2025 compared to the same quarter compared to the same quarter, compared to the same quarter, compared to a report by the National Venture Capital Association (NVCA) and Pitchbook.

In North America, there was 3155 deals compared to the 4,282 deal in G1 in 2025. In Asia, the number of contract, compared to 3,111 a year ago, was 2,063 in 2025; In Latin America, the number of contracted the contract was 156 compared to 225 a year ago. In the rest of the world, there was 325 deals in 2025 compared to 561 deals a year ago.

In 2025, in the average of $ 726 to $ 726, compared to $ 726 to $ 78 billion in the average of $ 78 billion in $ 78 billion in $ 78 billion in 2025, compared to $ 78 billion in $ 78 billion. 78.2 billion dollars compared to $ 78 billion Up to $ 78.2 billion to dollars.

Asia’s results

Melanie TNG, Asia Pacific Private Capital Analytical report, VC transaction activity in APAC continues a long-term annual trend of transaction activity, macroeconomic uncertainty in the APAC.

“The number of transactions decreased, but the larger capital has been invested in the B2B area. Binance has won $ 2 billion in Asia, the largest deal.”

From TNG since 2019, in 2025, in 2025, in 2025, the VC-supported speech in 2025 continued to decline in Asia. Historically, the markets in the region have struggled with consistent channels, especially many remain relatively in the development of healthy financial ecosystems. The output drought also affected the fundraising, which was silent as the clear signs of liquidity were waiting.

TNG, information technologies remained the highest sector with the number of transactions with a rapidly supplied information technology in the EU and digital infrastructure. This trend is also supported by the strategic initiatives led by the government, especially in developed Asia, continues to push technological sovereignty.

For example, South Korea launched a KRW 34 trillion fund in February to return advanced areas such as semiconductors, batteries and biotechnics in February. In March, China also announced the state-run VC Foundation to support advanced production and strategic technologies.

USA results

Kyle Stanford, director of US enterprise research in Pitchbook, was very bifurcated among the several companies that could collect an infinite amount of money in the US market, the market that continues to fight the capital shortages.

About 71% of the total contract in the United States went to AI investments. This amount is very biased with Openai’s $ 40 billion round. Although this deal is excluded, AI caught 48.5% of the full investment in the 1/3rd quarter.

“A coreweave of a couple of dollars, a couple of dollars, a couple of dollars in H4, the announcement of a few dollars (yet to be completed), the announcement of the announcement,” said Stanford. “However, this remained in the liquidity market outside several operations. A total of 12 companies have completed public lists and the abundance of liquidity anxiety within the market.”

The lack of distributions continues to put pressure on the fundraising market. For the lowest financial collection environment since 2016, new liabilities related to the pace of the year have been closed.

European results

Navina Rajan, Europe / Middle East / North Africa African private capital analyst, in the first quarter of the European VC in the first quarter of the European VC in the first quarter of 2025 more wearing macroeconomic

The highest level vertically moved in vertical vertical vertical with a contractual value of AI, Life Sciences and Fintech. It is likely that it is expected to develop as the activity and rating progress during the year.

The output value also saw a soft start for the year. Despite the last market volatility, we still expect IPO to use it in Europe as they remain affordable in Europe.

“The capital raised by European-based VC funds was as soft as the most closest to brackets. This year, this year the largest indoor vehicles this year has won a share of the Fund for the first time.”

Latin American results

Stanford, VC investment in Latin America in VC, G3 has reached $ 1.4 billion in the strongest quarter for the contract since 2022, he said. The transaction shifts more than 20% in 20% of the lowest level since 2020.

Simply two VC funds were closed with new liabilities in Latin America during Q1. A total of 22 funds have been less than $ 600 million since the beginning of 2024. This will affect the close-term bargain without foreign investment. The lack of speeches continues in the Latin American VC market.