Global investment capital deals decreased in the first quarter of 2025 compared to the same quarter of last year, according to a report issued by the National Investment Capital Association (NVCA) and Pitchbook. In North America, there were 3,155 deals in the first quarter of 2025, compared to 4,282 transactions in the first quarter of 2024. In Europe, there were 1852 deals in the first quarter of 2025, compared to 2,917 deals in the previous year; In Asia, the number of deals was 2,063 in the first quarter of 2025, compared to 3,111 in the previous year; In Latin America, the number of the deal was 156, compared to 225 in the previous year. In the rest of the world, there were 325 deals in the first quarter of 2025, compared to 561 deals in the previous year. In the second quarter of 2025, the merger and purchase exits of VC companies, with the value of the deal amounted to 78.2 billion dollars in 636 transactions, compared to an average of $ 80 billion in 726 in a quarter of all four quarters of 2024. Asia results Melanie Ting, a private capital analyst in Asia and the Pacific, said in the report that the activity of the VC deal in APAC remained defeated in the first quarter of 2025, as it continued to exercise multi -year caution amid total economic uncertainty. "The number of deals decreased, but the invested total capital increased sharply, driven by larger tours in the B2B area. Binance raised two billion dollars, which was the largest deal in Asia," said TNG. TNG said that VC's exit activity continued to delay in Asia, as it decreased to 95 exits in the first quarter of 2025, the lowest level since Q2 2019. Historically, the markets in the region have struggled with fixed exit channels, especially since many of them remain relatively in developing strong financial ecosystems. Drought also affected the collection of donations, which remained silent as LPS awaited clearer marks on liquidity. TNG said that information technology has been the first sector through the number of deals, which is supported by the continuous momentum in artificial intelligence and digital infrastructure. This trend has also been supported by government -led strategic initiatives, especially since geopolitical tensions still stimulate pushing for technology in the advanced Asia. South Korea, for example, the KRW 34 trillion fund launched in February to support advanced industries such as semiconductors, batteries and biotechnology. In March, China also announced the state -guided VC box to support advanced technologies and strategic technologies. US results Kyle Stanford, USA's project for the project in Pitchbook, said the American market has become very similar among a handful of companies capable of collecting an endless amount of money, and the rest of the market that is still struggling through a lack of capital. About 71 % of the total value of the deal in the United States went to artificial intelligence investments. This amount is very biased with the $ 40 billion Openai tour. Although this deal is excluded, artificial intelligence still gets 48.5 % of the total investment during a quarter in 1/3 of complete deals. "Exit activity showed signs of excitement in the first quarter with the prominent public subscription in Coreave, the announcement of Wiz's acquisition of $ 32 billion (not completed), and many known subscription files for the brand," Stanford said. "However, outside these few transactions, the liquidity market remained defeated. Only 12 companies have completed public lists, and liquidity anxiety in the market." Lack of distributions is still pressing the donation collection market. Only $ 10 billion of new obligations has been closed in the first quarter, and the year was placed on a pace for the lowest donation environment since 2016. Europe results Navina Rajan, Europe/Middle East/North Africa, a private capital analyst, said that the value of the European VC deal in the first quarter of last year, as the first quarter of 2025 presented signs of a more cautious environment and uncertainty that the wider macro economy feels. Through the vertical, artificial intelligence has moved to the highest vertical through the value of the deal where life sciences and Fintech also showed flexibility. Activity and classifications are likely to develop as we move throughout the year. The exit value also witnessed a soft start for this year. Despite the recent fluctuations of the market, we still expect to pick up the public subscription activity in Europe, where the assessments and fluctuations remain within the positive thresholds of the public subscription window. Rajan said: "The capital collected by VC in Europe had a soft start for the year, as most of the closure sat in brackets. The largest closed vehicles so far this year were outside the United Kingdom. Entrepreneurs also gained a share of the number of funds with a few boxes for the first time." The results of Latin America Stanford said the VC investment in Latin America amounted to $ 1.4 billion in the first quarter, which is the strongest quarter of the value of the deal since Q3 2022. Many large deals have led value, including an investment of $ 376 million in digital banking application. The number of the deal decreased by almost 20 %, a quarter of a quarter, as it reached the lowest level since 2020. Only two VC boxes were closed with new obligations in Latin America during the first quarter. Only 22 boxes have been closed since the beginning of 2024, with a total of $ 600 million. This will have effects on deals in the short term without increasing foreign investment. Lack of exits still weighs a market in Latin America VC. Daily visions about business use cases with VB daily If you want to persuade your boss at work, you have covered VB Daily. We give you the internal journalistic precedence over what companies do with obstetric artificial intelligence, from organizational transformations to practical publishing operations, so that you can share visions of the maximum return on investment. Read our privacy policy Thanks for subscribing. Check more VB newsletters here. An error occurred. 2025-04-03 04:01:00
