CB Insights – Early-Stage Trends Report, Aug 2025

The main theme of the report focuses on the analysis of global trends in early-stage financing deals.

Key findings include a decline in early-stage deal volume compared to peak levels reached during the zero interest rate policy (ZIRP) era. Funding levels have stabilized despite the decrease in deal numbers. The US dominates early-stage activity, followed by Asian countries. Most deals are under $10 million.