KPMG – Venture Pulse, 1Q 2024

The Q1’24 edition of KPMG Private Enterprise’s Venture Pulse highlights a drop in global VC investment, despite several billion-dollar megadeals. Market challenges such as the lack of exits and geopolitical uncertainties kept investors cautious. VC investment dropped in the Americas and Asia but increased slightly in Europe, with significant interest in AI, cleantech, and health sectors. The global IPO market remained quiet, except for Reddit’s successful IPO. Going into Q2’24, VC investment is not expected to rise significantly due to market uncertainty and critical elections, but interest in dealmaking is picking up. AI and cleantech are expected to remain popular areas of investment. The report examines trends like the drop in Series D+ deals, lack of IPO and M&A opportunities, growing interest in defense technologies, and investment in AI and cleantech. Read on for more insights and contact a KPMG adviser for further discussion.