QUARTERLY DEAL BOOK: Global Funding Hits USD19bn As Inventors Pump Cash Into Late-Stage Winners

With massive rounds for later-stage companies, such as Snapchat and Spotify as well as ride-calling players, like Ola and Lyft, the second quarter of the year saw venture capital funding continue to soar. For the second consecutive quarter, a total of six rounds closed in excess of USD500m in Q2 2015. However, even though Q1 saw two USD1bn investments, in Uber and SpaceX , total investment rose quarter over quarter, with USD19bn raised across 907 deal in the three months to June 30. That’s up from the USD17.8bn raised over 901 rounds in Q1 and up 50% from the USD12.6bn raised in the same quarter last year across 806 rounds of funding. 

This is the fourth straight quarter in a row that global investment in tech companies has increased compared to the previous quarter, highlighting steadily growing appetite among investors for private tech companies. That trend levelled off last summer when Q2 last year saw higher investment (USD12.6bn) than Q3 (USD12bn) but that dip is likely due to traditionally slower investment during the summer months. Whatever way you look at it, venture capital is still on the rise as we reach the half-year mark.