- 01
Q2 2024 investment reached $3.0 billion across 222 deals, marking the highest investment volume in the sector since Q3 2022.
- 02
New fund announcements surged 48% to $21.9 billion, with General Catalyst, ICONiQ Capital, Norwest Venture Partners, and Kleiner Perkins accounting for 74% of that total.
- 03
M&A activity contracted significantly to $845 million across 40 deals, a 59% decline in value compared to the previous quarter.
- 04
The quarter saw no IPOs, ending a five-year streak of at least one public listing per quarter.
- 05
Tech and 'Other' categories dominated the market, capturing 83% of total investment value, while Console/PC games led in deal volume at 33%.
- 06
Blockchain-related funding rose to $416 million in Q2, bolstered by regulatory approvals for crypto ETFs.
- 07
Total investment for the first half of 2024 reached $5.2 billion, with 40% of all quarterly activity comprised of undisclosed deals.