- Global VC funding totaled $25.5B in Q1 2016, down from previous quarters, as investment declined across major markets. The slowdown was driven by a steep decline in Asia, where funding fell to less than half the record level in Q3 2015.
- Deal activity also declined globally with 1829 deals in Q1 2016, continuing the downward trend from previous quarters. Only 5 new unicorns were created in Q1 2016, less than previous quarters.
- US funding increased slightly to $14.8B while deal activity declined, and late-stage deal sizes continued shrinking. Europe saw a small funding increase but deal activity remained down.