CB Insights – State of Venture, 2Q 2025

Summary

The main theme of the report is the analysis of global data on deals, funding, and exits of private venture companies for the second quarter of 2025.

Key findings include: Investments in 'hard tech' companies accounted for 6 of the 10 largest deals in Q2'25, with a total funding amount of $8.7 billion. The average deal size for AI companies was $4.6 million, which is above the market average. There are expected to be 12 major M&A deals in the big tech sector by the end of 2025, significantly lower compared to 2014. Corporate venture capital (CVC) deal volume decreased by 8%, reaching 742 deals, the lowest in 7 years. Global venture funding reached $94.6 billion in Q2'25, despite a 9% drop in deal volume.

Region: Global

Published: August 2025

Author(s): CB Insights

Language: English

Tech drivers: AI Cybersecurity and privacy Mobile Quantum Computing

Geopolitical drivers: Economic conditions Political instability and conflicts Regulatory changes Workforce availability

Found an inaccuracy in the description? Let us know 🙌