The rapid growth of startups over recent years shows how dynamic and fluid the global economy is in adapting to challenges and meeting user needs.
Even before the COVID-19 pandemic, startups posted robust growth spurred on by technological advances and the opening of the economic space across the world.
And while it is too early to call it, it is evident that startups have become a mainstay of our global commerce as we know it. This article will summarize the biggest startup facts, trends, and statistics from 2021 and beyond.
Top 10 Startup Statistics (Editor’s Pick)
- In Q2 2022, US-based Fintech startups dominated (38%) global Fintech deals.
- American startups median valuation increased by 230% in Q2 2022.
- Most (41%) of mid-stage startup deals in Q2 2022 happened in the US.
- In H1 2022, 57% of New York startup deals were early stage.
- The median deal size for American startups as of Q2 2022 was $5 million.
- iSpot.tv was responsible for the top Seattle equity deal in Q2 2022.
- Douyin, worth $200B, was the top global unicorn as of July 2022.
- Startup funding in Denver grew by 111% in Q2 2022.
- Silicon Valley startup funding fell from $28.1B in Q1 2022 to $16.6B in Q2 2022.
- Canada’s startup funding hit $6B across 383 deals as of H1 2022.
Infographic
<a href="https://vpnalert.com/resources/startup-statistics/" target="_blank" data-wpel-link="internal"><img decoding="async" src="https://vpnalert.com/wp-content/uploads/2023/08/top-10-startup-statistics.png" alt="Top 10 Startup Statistics" width="768" border="0" height="983.68" loading="lazy" fetchpriority="low" srcset="https://vpnalert.com/wp-content/uploads/2023/08/top-10-startup-statistics-768x984.png 768w, https://vpnalert.com/wp-content/uploads/2023/08/top-10-startup-statistics-234x300.png 234w, https://vpnalert.com/wp-content/uploads/2023/08/top-10-startup-statistics-800x1024.png 800w, https://vpnalert.com/wp-content/uploads/2023/08/top-10-startup-statistics-1199x1536.png 1199w, https://vpnalert.com/wp-content/uploads/2023/08/top-10-startup-statistics.png 1200w" sizes="auto"></a>
General Startup Statistics
1. In Q2 2022, there were 2,648 global startup exits.
This was a 16% decrease from the 3,144 exits in Q1 2022.
Here is a breakdown of start-up exits between 2021 and 2022.
| Period | Total Exits |
|---|---|
| Q1 2021 | 2767 |
| Q2 2021 | 2876 |
| Q3 2021 | 2973 |
| Q4 2021 | 3261 |
| Q1 2022 | 3144 |
| Q2 2022 | 2648 |
2. 7651 startup deals were completed in Q2 2022.
In contrast, 8,990 deals were completed in Q1 2022, 9116 deals in Q4 2021, and 9622 deals in Q3 2021.
Startup Industry Statistics
In contrast, Asian and Europes deal shares remained constant at 23% and 19%.
Here is a summary of digital health deal shares for the US, Asia, and Europe between Q2 2021 and Q2 2022.
| Period | The US | Asia | Europe |
|---|---|---|---|
| Q2 2021 | 46% | 26% | 22% |
| Q3 2021 | 46% | 30% | 16% |
| Q4 2021 | 46% | 27% | 21% |
| Q1 2022 | 50% | 23% | 19% |
| Q2 2022 | 51% | 23% | 19% |
4. The average deal size for digital health startups was $17M in H1 2022.
This was lower than the $20M in 2021 but the same as $17M in 2020.
5. More than half (59%) of digital health deals in H1 2022 went to early-stage startups.
Mid-stage deals were next at 17%, followed by late-stage (10%) and other deals at 15%.
6. Global Founders Capital, a German Venture Capital company, funded the most (24) Fintech startups in Q2 2022.
Tiger Global Management was next, funding 22 Fintech startups.
7. Asia accounted for 38% of all global retail tech startup deals in Q2 2022.
The US (27%) was next, followed by Europe (25%) and Latin America & Caribbean (4%).
The table below summarizes global retail tech deals from Q2 2021 to Q2 2022.
| Region | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 |
|---|---|---|---|---|---|
| Asia | 37 | 40 | 39 | 37 | 38 |
| The US | 30 | 28 | 30 | 30 | 27 |
| Europe | 22 | 20 | 19 | 21 | 25 |
8. The average retail tech deal size fell from $38M in 2021 to $28M in H1 2022.
Deal sizes were smaller before 2021, with 2020 recording $21M, 2019 ($21M), and 2018 ($23M).
9. In H1 2022, early-stage retail tech startups accounted for 62% of all retail tech deals.
In contrast, mid-stage deals accounted for 16% of retail tech deals in the reporting period.
Here is a summary of retail tech startup deals between 2019 to H1 2022 according to deal type.
| Period | Early Stage | Mid Stage | Late Stage | Others |
|---|---|---|---|---|
| 2019 | 64% | 16% | 11% | 8% |
| 2020 | 62% | 16% | 12% | 10% |
| 2021 | 605 | 18% | 14% | 8% |
| H1 2022 | 62% | 16% | 11% | 11% |
10. The top retail Tech startup equity deal in Q2 2022 by Coda Payments was worth $690 million.
EcoVadis ($500M) was next, followed by Faire ($416M), Wonder ($350M), and SumUp ($312M).
11. The retail tech startup M&A count reached 754 in 2021.
That was more than double the 344 count in H1 2022.
12. Retail Tech M&A startup deals dropped from 184 in Q1 2022 to 160 in Q2 2022.
In the same period, IPOs dropped from 10 to 4.
Check out retail tech IPOs, SPACs, and M&A deals performances between Q2 2021 and Q2 2022.
| Period | M&A Deals | SPAC | IPO |
|---|---|---|---|
| Q2 2021 | 192 | 1 | 25 |
| Q3 2021 | 176 | 4 | 18 |
| Q4 2021 | 207 | 6 | 15 |
| Q1 2022 | 184 | 1 | 10 |
| Q2 2022 | 160 | 3 | 4 |
13. In Q2 2022, US-based Fintech startups dominated (38%) global Fintech deals.
In comparison, Asian startups were responsible for 24% of global Fintech deals.
Here are the percentages of Fintech deals between 2021 and Q2 2022 based on region.
| Region | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 |
|---|---|---|---|---|---|---|
| The US | 38% | 38% | 38% | 34% | 35% | 38% |
| Asia | 24% | 25% | 26% | 28% | 27% | 24% |
| Europe | 24% | 26% | 20% | 22% | 20% | 23% |
14. The average size of global Fintech startup deals was $32 million in 2021.
This represents an increase from $18 million in 2020, $19 million in 2019, $16 million in 2018, and $23 million in the first half of 2022 (Q1&Q2).
15. 65% of global Fintech startup deals in the first half of 2022 were early-stage deals.
Mid-stage deals accounted for 14% of all fintech deals.
The table below summarizes early, mid, and late-stage Fintech deals between 2018 and H1 2022.
| Period | Early Stage | Mid Stage | Late Stage | Others |
|---|---|---|---|---|
| 2018 | 64% | 13% | 12% | 10% |
| 2019 | 65% | 15% | 11% | 9% |
| 2020 | 62% | 14% | 11% | 12% |
| 2021 | 65% | 15% | 12% | 8% |
| H1 2022 | 65% | 14% | 11% | 11% |
16. Fintech M&A startup exits dropped 30% between Q1 2022 (257) and Q2 2022 (181).
While Fintech IPOs dropped from 7 to 9.
Here is a summary of Fintech’s M&A exits, IPOs, and SPACs between Q2 2021 and H1 2022.
| Period | M&A Exits | IPO | SPAC |
|---|---|---|---|
| Q2 2021 | 237 | 22 | 4 |
| Q3 2021 | 234 | 16 | 6 |
| Q4 2021 | 246 | 27 | 2 |
| Q1 2022 | 257 | 7 | 2 |
| Q2 2022 | 181 | 9 | 3 |
17. Digital health startups M&A exits dropped from 144 in Q1 2022 to 83 in Q2 2022.
During the same period, SPAC exits remained constant at 2, while IPO exits dropped from 2 to 1.
18. In Q2 2022, US-based Fintech startups dominated (38%) global Fintech deals.
In comparison, Asian startups were responsible for 24% of global Fintech deals, followed by European (23%), Latin American & Caribbean (6%), and African (5%) Fintech startups.
Startup Demographic Statistics
19. The total deals for Austin startups fell from 103 in Q1 2022 to 65 in Q2 2022.
Startup funding also fell from $1,658M to $882M in the same period.
20. American startups median valuation increased by 230% in Q2 2022.
21. PhotonDelta was responsible for Europe's top startup equity deal in Q2 2022 worth $681M.
22. In 2022, Guatemala had the highest percentage of adults (29%) involved with startups in the Americas.
Colombia, at 28%, was next, followed by Chile (27%), Uruguay (26.3%), and Panama (24.6%).
23. Sequoia Capital China invested in the most (39) Asian startups in Q2 2022.
Animoca Brands (37) was next, followed by East Ventures (27), KB Investments (24), Mitsubishi UFJ Capital (22), and Mizuho Capital (22).
24. The US led the total number of startup deals (2,698) in Q2 2022.
This was followed by Asia (2,630), Europe (1,705), Latin America & Caribbean (224), and Canada (159).
<a href="https://vpnalert.com/resources/startup-statistics/" target="_blank" data-wpel-link="internal"><img decoding="async" src="https://vpnalert.com/wp-content/uploads/2023/08/total-number-of-startup-deals-by-country.png" alt="Total Number of Startup Deals by Country" width="768" border="0" height="813.44" loading="lazy" fetchpriority="low" srcset="https://vpnalert.com/wp-content/uploads/2023/08/total-number-of-startup-deals-by-country-768x814.png 768w, https://vpnalert.com/wp-content/uploads/2023/08/total-number-of-startup-deals-by-country-283x300.png 283w, https://vpnalert.com/wp-content/uploads/2023/08/total-number-of-startup-deals-by-country-967x1024.png 967w, https://vpnalert.com/wp-content/uploads/2023/08/total-number-of-startup-deals-by-country.png 1200w" sizes="auto"></a>
25. In Q2 2022, the US was responsible for $26 billion and 125 mega-deal startups globally.
Asia was next with $11.2 billion and 57 deals, Europe with $11 billion (53 deals), and Latin America & Caribbean with $0.9 billion (7 deals).
Startup Categories Statistics
26. Asian startup IPO exit deals reduced from 417 in 2021 to 197 in H1 2022.
In the same period, M&A exit deals dropped from 1,091 to 583, while SPAC exit deals remained constant at 8.
27. SPAC exit deals for Asian startups increased from 5 to 8 between Q1 and Q2 2022.
In contrast, M&A deals dropped from 324 to 259.
Here is a breakdown of Asian startups’ M&A, IPO, and SPAC exit deals between Q2 2021 and Q2 2022.
| Quarters | M&A Exits | IPO Exits | SPAC Exits |
|---|---|---|---|
| Q2 2021 | 234 | 96 | 3 |
| Q3 2021 | 300 | 96 | 3 |
| Q4 2021 | 342 | 116 | 2 |
| Q1 2022 | 324 | 101 | 3 |
| Q2 2022 | 259 | 96 | 5 |
28. Canadian startup IPOs dropped from 5 in Q1 2022 to 4 in Q2 2022.
In the same period, M&A deals dropped from 127 to 100, and SPAC exits remained unchanged at 1.
29. Pagaya, worth $3B, was the top global Special Purpose Acquisition Company (SPAC) in Q2 2022.
Gogoro ($2.4B) was next, followed by Alvotech ($2.3B), SoundHound ($2.1B), and BenevolentAI ($1.7B).
30. Canadian startup M&A exit deals reached 473 in 2021.
And later dropped to 227 in H1 2022. IPO deals also dropped from 39 in 2021 to 9 in H1 2022. In contrast, SPACs remained constant at 2 in 2021 and H1 2022.
31. European M&A exit deals decreased from 3,718 in 2021 to 2,057 in H1 2022.
IPO exit deals also reduced from 183 to 37 in the same period, the same as SPAC exit deals from 12 to 6.
32. M&A deals accounted for 5,471 startup exits as of Q2 2022.
That is compared to IPO (288) and SPAC (33) exits in the same period.
33. SPAC deals for European startups remained constant at 3 in Q1 and Q2 2022.
In contrast, M&A deals declined from 1,049 to 1,008 in the same period.
Here is a breakdown of European IPO, SPAC, and M&A deals between Q2 2021 and Q2 2022.
| Quarter | M&A Deals | IPO Deals | SPAC Deals |
|---|---|---|---|
| Q2 2021 | 934 | 62 | - |
| Q3 2021 | 898 | 37 | 4 |
| Q4 2021 | 1,007 | 52 | 5 |
| Q1 2022 | 1,049 | 22 | 3 |
| Q2 2022 | 1,008 | 15 | 3 |
This was followed by Angel startups (13%), Corps (10%), and asset/investment management (9%).
35. Angel median deal sizes grew from $3 million in 2021 to $4 million in Q2 2022, representing a 33% growth.
In contrast, asset/investment management deal sizes fell by 50% from $30 million to $15 million, while CVC deal sizes fell by 13% from $16 million to $ 14 million.
36. In Q2 2022, there were 2,502 M&A deals.
This was a drop from the 2,969 M&A deals in Q1 2022. In contrast, IPOs increased from 217 to 253 while SPACs reduced from 41 to 25 in the same period.
37. Europe accounted for most (39%) of global startup exit deals in Q2 2022.
The US was next, accounting for 39% of global exit deals, followed by Asia (14%) and Latin America (4%).
38. Median exit valuation for SPACs dropped from $1.6 billion in 2021 to $1.5 billion as of Q2 2022.
In contrast, the IPOs median exit valuation remained constant at $0.6 billion between 2021 and Q2 2022.
Here is how SPACs and IPOs fared on median exit valuations between 2018 and H1 2022.
| Period | IPO | SPAC |
|---|---|---|
| H1 2022 | $0.6 billion | $1.5 billion |
| 2021 | $0.6 billion | $1.6 billion |
| 2020 | $0.5 billion | $0.8 billion |
| 2019 | $0.4 billion | $0.4 billion |
| 2018 | $0.4 billion | $0.3 billion |
39. Affinivax, valued at approximately $3.3 billion, was the top M&A startup exit in Q2 2022.
The US-based GSK company acquired Affinivax, MBC BidCo acquired Uniti Group ($2.8 billion valuation), and CordenPharma International ($2.6 billion) was bought by Astorg Partners.
40. Vanchip, with a $4 billion valuation, was the top IPO in Q2 2022.
Loongson Technology ($3.6B) was next, followed by Novosense ($3.5B), Jingwei Hirain ($2.2B), HWATSING ($2.2B), and AP Systems ($2.0B).
41. As of H1 2022, M&A digital health startup exits reached 227.
That is compared to 608 M&A exits in 2021. In contrast, IPO exits fell from 78 (2021) to 3 in H1 2022, while SPAC exits dropped from 18 (2021) to 2 in H1 2022.
42. America’s M&A startup exit deals reached 4,612 in 2021.
This figure dropped to 2,138 in H1 2022. IPO exit deals also fell from 249 in 2021 to 39 in H1 2022, the same as SPAC exits from 104 in 2021 to 16 in H1 2022.
43. US startup M&A exit deals decreased from 1,210 in Q1 2022 to 928 in Q2 2022.
Similarly, IPO exits decreased from 23 to 16 in the same period.
The table below summarizes the performance of IPOs, SPACs, and M&A exit deals between Q2 2021 and Q2 2022.
| Period | M&A Exit Deals | IPO Exits | SPAC Exits |
|---|---|---|---|
| Q2 2021 | 1113 | 73 | 21 |
| Q3 2021 | 1139 | 70 | 32 |
| Q4 2021 | 1212 | 60 | 28 |
| Q1 2022 | 1210 | 23 | 11 |
| Q2 2022 | 928 | 16 | 5 |
Startup Maturity Statistics
44. Most (52%) of Seattle startup deals were early-stage in H1 2022.
Mid-stage deals were next at 11%, followed by late-stage (8%) and other (29%).
45. 19% of Kazhakstanis were involved in early-stage entrepreneurial activity in 2021.
India was next with 14.4%, followed by South Korea (13.4%), Indonesia (9.6%), and China (8.7%).
46. Asia accounted for most (38%) of all early-stage startup deals in Q2 2022.
The US was second with 28%, followed by Europe with 25%.
47. Most (41%) of mid-stage startup deals in Q2 2022 happened in the US.
Asia (37%) was next, followed by Europe (17%).
48. In Q2 2022, over a third (38%) of global late-stage startup deals happened in the US.
Asia 31% came in second, followed by Europe (24%).
49. In H1 2022, over two-thirds (68%) of Asian startup deals were early-stage.
While mid-stage deals accounted for 15% of all deals in the reporting period.
The table below summarizes Asian startup deal types between 2018 and H1 2022.
| Period | Early-stage | Mid-stage | Late-stage | Others |
|---|---|---|---|---|
| 2018 | 68% | 15% | 12% | 6% |
| 2019 | 67% | 15% | 12% | 5% |
| 2020 | 62% | 17% | 13% | 8% |
| 2021 | 65% | 18% | 13% | - |
| H1 2022 | 69% | 15% | 12% | 4% |
50. Over two of every three (69%) European startups were early-stage in H1 2022.
That is compared to mid-stage (9%) and late-stage (12%) deals.
In 2021, early-stage startups stood at 69% and 69% in 2020.
51. In H1 2022, early-stage deals accounted for most (64%) of startup deals.
Mid-stage deals reached 13%, followed by late-stage deals (12%) during the same period. In contrast, early-stage deals accounted for 63%, and mid-stage deals (15%) in 2021.
52. The global late-stage median size deal dropped 30% in 2022.
Late-stage median deal sizes dropped from $50M in 2021 to $35 million in Q2 2022, representing a 30% drop. In contrast, mid-stage median deal sizes grew from $30 to $31 million.
53. Median early-stage valuation for US startups increased from $40M in Q1 2022 to $42M in Q2 2022.
These figures were higher than those of Q2 2021 ($36M), Q3 2021 ($31M), and Q4 2021 ($34M).
54. Approximately every 1 in 2 (52%) US startup deal in H1 2022 was early-stage.
In comparison, only 13% of US startup deals were mid-stage, 10% were late-stage, and 24% were other-stage deals in the reporting period.
<a href="https://vpnalert.com/resources/startup-statistics/" target="_blank" data-wpel-link="internal"><img decoding="async" src="https://vpnalert.com/wp-content/uploads/2023/08/us-startup-deals.png" alt="US Startup Deals" width="768" border="0" height="469.96430392657" loading="lazy" fetchpriority="low" srcset="https://vpnalert.com/wp-content/uploads/2023/08/us-startup-deals-768x470.png 768w, https://vpnalert.com/wp-content/uploads/2023/08/us-startup-deals-300x184.png 300w, https://vpnalert.com/wp-content/uploads/2023/08/us-startup-deals-1024x626.png 1024w, https://vpnalert.com/wp-content/uploads/2023/08/us-startup-deals-1536x940.png 1536w, https://vpnalert.com/wp-content/uploads/2023/08/us-startup-deals.png 1961w" sizes="auto"></a>
55. The median mid-stage valuation of US startups dropped from $270M in Q1 2022 to $265M in Q2 2022.
That was compared to $245M (Q2 2021), $250M (Q3 2021), and $279M (Q4 2021).
56. Median valuation for late-stage US startups climbed from $1.3B in Q1 2022 to $1.5B in Q2 2022.
In Q4 2021, the median valuation stood at $1.6B, higher than the $1.5B in Q3 2021 and $1.3B in Q2 2021.
57. In H1 2022, 57% of New York startup deals were early stage.
Followed by mid-stage deals at 14%.
Here is a breakdown of deal stage distribution for New York startups between 2018 and H1 2022.
| Period | Early-stage | Mid-stage | Late-stage | Others |
|---|---|---|---|---|
| 2018 | 61% | 13% | 11% | 15% |
| 2019 | 62% | 13% | 10% | 16% |
| 2020 | 61% | 15% | 8% | 16% |
| 2021 | 58% | 17% | 11% | 14% |
| H1 2022 | 57% | 14% | 9% | 20% |
58. Over half (59%) of Silicon Valley startup rounds were early-stage as of H1 2022.
Mid-stage rounds were next at 20%, followed by late-stage deals (9%).
In 2021, early-stage rounds reached 58%, followed by mid-stage deals (23%).
59. 6 in 10 (60%) of LA startup deals were early-stage in H1 2022.
In contrast, mid-stage deals accounted for 11%, late-stage (10%), and others (19%) during the same period.
60. Less than half (47%) of Boston startup deals were early-stage in H1 2022.
Mid-stage deals followed at 18%, and late-stage deals at 9%.
In 2021, early-stage deals reached 53%, compared to mid-stage deals (24%).
61. Early-stage deals accounted for 47% of Denver startup deals in H1 2022.
In the same period, mid-stage deals accounted for 14% of all deals.
Here is the breakdown of Denver-based startup deals by deal type between 2018 and H1 2022.
| Period | Early-stage | Mid-stage | Late-stage | Others |
|---|---|---|---|---|
| 2018 | 60% | 13% | 8% | 19% |
| 2019 | 59% | 12% | 9% | 21% |
| 2020 | 50% | 13% | 7% | 30% |
| 2021 | 49% | 16% | 10% | 25% |
| H1 2022 | 47% | 14% | 7% | 32% |
62. Almost half (48%) of Washington, DC-based startup deals in H1 2022 were early-stage.
Mid-stage deals in that period stood at 8%, compared to late-stage deals(12%).
In 2021, early-stage deals climbed to 52% compared to mid-stage deals (13%).
63. In H1 2022, slightly less than half (44%) of Chicago-based startup deals were early-stage.
That is compared to 52% in 2021 and 54% in 2020. Mid-stage deals stood at 10% in H1 2022 and 15% in 2021, while late-stage deals reached 13% in H1 2022 and 13% in 2021.
64. Mid-stage deals accounted for only 6% of all Dallas startup deals in H1 2022.
That is compared to early-stage (41%), and late-stage deals (20%) in the same period.
65. Over half (52%) of Austin startup deals were early-stage in H1 2022.
This figure was higher in 2021 (59%), and 2020 (59%).
The table below summarizes Austin startups’ deals by deal type between 2018 and H1 2022.
| Period | Early-stage | Mid-stage | Late-stage | Others |
|---|---|---|---|---|
| 2018 | 59% | 11% | 12% | 19% |
| 2019 | 60% | 17% | 9% | 14% |
| 2020 | 59% | 13% | 19% | 19% |
| 2021 | 59% | 13% | 11% | 17% |
| H1 2022 | 52% | 12% | 10% | 26% |
66. Most (55%) of Miami startups were early-stage in H1 2022.
In 2021, early-stage startup deals stood at 51% and 43% (2020), while mid-stage deals ranged from 12% in 2021 and 7% in H1 2022.
67. Late-stage deals accounted for 17% of all Miami startup deals in H1 2022.
That is compared to early-stage deals (49%), and mid-stage deals (7%) in the same period.
68. Early-stage deals accounted for over two-thirds (68%) of all Canadian startup deals in H1 2022.
That is compared to mid-stage (8%), late-stage (9%), and other (14%) deals in the same period.
69. In H1 2022, almost every 2 out of 3 (68%) Canadian startup deals were early-stage.
This figure was lower than the 63% of early-stage deals recorded in 2021 and 60% in 2020.
Startup Financial Statistics
70. The median deal size for American startups as of Q2 2022 was $5 million.
The median deal size for Asian startups stood at $5 million, compared to European ($3 million), and Latin American & Caribbean startups ($3 million).
71. With a $350M deal, Wonder posted the top New York startup equity deal in Q2 2022.
Grafana Labs was second with a $240M deal, followed by AlphaSense ($225M) and Semperis ($200M).
72. Circle was responsible for Boston's top equity deal in Q2 2022.
The $400M Circle deal was followed by Biofourmis ($300M), and Reify Health ($220M).
73. Arcadia ($200M) was responsible for the top Washington DC startup equity deal in Q2 2022.
Aledade, with a $123M equity deal, was second, followed by SamCart ($82M), and Upside ($65M).
74. iSpot.tv was responsible for the top Seattle equity deal in Q2 2022.
The $325M deal was followed by Zap Energy ($160M), Convoy ($160M), and Echodyne ($135M).
<a href="https://vpnalert.com/resources/startup-statistics/" target="_blank" data-wpel-link="internal"><img decoding="async" src="https://vpnalert.com/wp-content/uploads/2023/08/top-seattle-equity-deals.png" alt="Top Seattle Equity Deals" width="768" border="0" height="540.21101992966" loading="lazy" fetchpriority="low" srcset="https://vpnalert.com/wp-content/uploads/2023/08/top-seattle-equity-deals-768x540.png 768w, https://vpnalert.com/wp-content/uploads/2023/08/top-seattle-equity-deals-300x211.png 300w, https://vpnalert.com/wp-content/uploads/2023/08/top-seattle-equity-deals-1024x720.png 1024w, https://vpnalert.com/wp-content/uploads/2023/08/top-seattle-equity-deals-1536x1080.png 1536w, https://vpnalert.com/wp-content/uploads/2023/08/top-seattle-equity-deals.png 1706w" sizes="auto"></a>
75. With a $400M deal, Velocity Global concluded the top Denver-based startup equity deal in Q2 2022.
Crusoe ($350M) was next, followed by Pax8 ($185M), Guild Education ($175M), and HouseCall ($125M).
76. Critical Start ($215M) produced the top Dallas startup equity deal in Q2 2022.
This was followed by Playful Studios ($46M), LitLab ($42M), Nacuity Pharmaceuticals ($17M), and ViralTech ($14M).
77. STORD concluded the top equity deal worth $120M of all Miami startups in Q2 2022.
Ingo Money ($45M) was next, followed by Lemon Perfect ($31M), Bark Technologies ($30M), and JTEC Energy ($30M).
78. Epic Games accounted for $2 billion and 1.8% of the total startup equity deals in Q2 2022.
SpaceX was next with $1.7 billion and 1.5% of total funding.
The table below summarizes the top 10 global startup equity deals in Q2 2022.
| Company | Equity Amount | % of Total Funding |
|---|---|---|
| Epic Games | $2.0 billion | 1.8% |
| SpaceX | $1.7 billion | 1.5% |
| VerSe innovation | $805 million | 0.7% |
| Intersect Power | $750 million | 0.7% |
| Coda Payments | $690 million | 0.6% |
79. Infinitum Electric concluded the top Austin startup equity deal with $80M in Q2 2022.
Mothership ($76M) was next, followed by Dealhub ($60M), Sana Benefits ($60M), and MicroTransponder ($53M).
80. With a $1.7B deal, Space X was responsible for the top LA startup equity deal in Q2 2022.
Lightspark ($175M) was second, followed by Metropolis ($167M), Divergent 3D ($160M), and Genies ($150M).
81. Recurrent posted a $300M deal, the largest for Miami startups in Q2 2022.
Material Bank ($175M) was next, followed by PayCargo ($130M), Insigneo ($100M), and Grubbrr ($35M).
82. With an $82M deal, StoicLane closed the top Chicago-based startup equity deals in Q2 2022.
In second place was bloXroute Labs ($70M), followed by Revenova ($63M), Elevate K-12 ($40M), and Amount ($36M).
83. As of Q1 2022, the average median size for global startup deals was $4 million.
In 2021 the global median deal size was $4 million, $3 million in 2020, and $2 million in 2019 and 2018.
84. VerSe Innovation concluded the top Asian startup equity deal worth $805M in Q2 2022.
Coda payments ($690M) was next, followed by CanSemi ($671M), ALLEN Career Institute ($600M), and Sinobioway Medicine ($433M).
85. Median series A startup valuation dropped from $66 million in Q1 2022 to 61 million in Q2 2022.
The Series A valuation steadily rose in Q2 2021 ($56 million) and Q3 2021 ($58 million) before this drop.
86. The median series B startup valuation in Q2 2022 was $205 million.
This was a drop from $222 million (Q1 2022), 215 million (Q4 2022), and $210 million (Q3 2022).
87. Median series C startup valuation stood at $773 million in Q2 2022.
Representing a 33% increase from the $633 million Q1 2022 valuation.
The median series valuation was $664 million (Q4 2021), and $519 million (Q3 2021).
88. The median Series D startup valuation rose from $1.2 billion (Q1 2022) to $1.4 billion (Q2 2022).
This figure was $1.1 billion in Q4 2021, $1.2 billion in Q3 2021, and $1.1 billion in Q2 2021.
89. Series E+ median startup valuation rose from $2 billion to $2.2 billion between Q1 and Q2 2022.
Reports further show that series E+ valuation was $2.4 billion in Q4 2021 and $2.6 billion in Q3 2021.
90. The median change in valuation for startups between financing rounds fell from 195% in Q1 2022 to 185% in Q2 2021.
In Q4 2021, this figure stood at 210%.
91. Biouformus, valued at $300M, was the top digital health startup equity deal in Q2 2022.
Reify Health, at $220M, was next, followed by Alan ($193M), BostonGene($150M), and Clarify Health($150M).
92. Asian startups median mid-stage valuation dropped from $320M in Q1 2022 to $214M in Q2 2022.
The median mid-stage valuation stood for Asian startups stood at $570M in Q2 2021 and $500M in Q3 2021.
93. In Q2 2022, 47% of all startup investments were mega-round investments ($100M+).
While non-mega rounds accounted for 53%. In Q1 2022, mega-round investments stood at 52% compared to non-mega rounds (48%).
<a href="https://vpnalert.com/resources/startup-statistics/" target="_blank" data-wpel-link="internal"><img decoding="async" src="https://vpnalert.com/wp-content/uploads/2023/08/startup-investments.png" alt="Startup Investments" width="768" border="0" height="376.50825412706" loading="lazy" fetchpriority="low" srcset="https://vpnalert.com/wp-content/uploads/2023/08/startup-investments-768x377.png 768w, https://vpnalert.com/wp-content/uploads/2023/08/startup-investments-300x147.png 300w, https://vpnalert.com/wp-content/uploads/2023/08/startup-investments-1024x502.png 1024w, https://vpnalert.com/wp-content/uploads/2023/08/startup-investments-1536x753.png 1536w, https://vpnalert.com/wp-content/uploads/2023/08/startup-investments.png 1999w" sizes="auto"></a>
94. The median valuation for early-stage Asian startups dropped from $30M in Q1 2022 to 25M in Q2 2022.
That is compared to $16M in Q2 2021 and $15M in Q3 2021.
95. RingID concluded the largest Canadian startup deal worth $200M in Q2 2022.
Viral Nation ($198M) was followed by Ataccama ($150M), Neo Financial ($145M), and OSF Digital ($100M).
96. Hejian Industrial Software closed the top angel deal in Q2 2022 worth $165 million.
This was followed by Honjuwei ($120 million), Masterschool ($100 million), China Storage National Energy ($47 million), and Flywheel Technology ($46 million).
97. In Q2 2022, 97% of the global startup deals were not mega-rounds.
In contrast, 3% were mega deals.
Here is a breakdown of startup deals by mega status.
| Period | Mega Deals ($100M+) | Non-Mega Deal (<$100 M) |
|---|---|---|
| Q2 2022 | 97 | 3 |
| Q1 2022 | 96 | 4 |
| Q4 2021 | 95 | 5 |
| Q3 2021 | 96 | 4 |
| Q2 2021 | 95 | 5 |
98. The average global deal size for startups as of Q1 2022 was $20 million.
This was lower than the $25 million deal sizes in 2021 but higher than $16 million in 2020.
Startup Market Statistics
99. Tiger Global Management invested in the most (86) US startups in Q2 2022.
Gaingels (75) was next, followed by SOSV (63), Insight Partners (61), and Andreessen Horwitz (59).
100. Insight Partners invested in the most (9) digital health startups in Q2 2022.
Gaingels was second, investing in 9 digital health startups, followed by General Catalyst (7), SOSV (6), and Eight Roads Venture (6).
101. Global Founders Capital invested in 54 European startups (the highest) in Q2 2022.
Speedinvest was second, investing in 21 startups, followed by Index Ventures (20) and Eight Roads Ventures (19).
102. The top startup-investing Canadian company in Q2 2022 was Dapper Labs.
Dapper Labs invested in 11 startups, followed by Anges Quebec (6) and BDC Capital (6).
103. Tiger Global Management was the top retail investor in Q2 2022, investing in 15 startups.
500 Global was next, investing in 10 startups, followed by Gaingels (9) and Global Founders Capital (8).
104. The top 10 startup investors in Q2 2022 funded 22% fewer companies than in Q1 2022.
Top investors funded 705 startups in Q1 2022 and 553 companies in Q2 2022.
The table below summarizes the number of companies the top 5 global startup investment firms funded between Q1 and Q2 2022.
| Investment Company | Q1 2022 Investments | Q2 2022 Investments |
|---|---|---|
| Tiger Global Management | 120 | 86 |
| Gaingels | 96 | 75 |
| Global Founders Capital | 77 | 54 |
| Insight Partners | 70 | 61 |
| Andreessen Horowitz | 62 | 59 |
Startup Unicorn Statistics
105. As of November 2022, the US had the highest number of unicorns (704) globally.
China was second with 243 unicorns, followed by India (85) and the United Kingdom (56).
106. Between Q2 2021 and Q2 2022, the number of new unicorns decreased by 43%.
There were 148 unicorn births in Q2 2021, which dropped to 85 in Q2 2022, representing a 43% decline.
107. Finance and Insurance was the highest-valued industry for Chinese unicorns as of April 2021.
This industry was worth $227.24B, followed by Internet ($153.34B), and transportation & logistics ($123.49B).
108. As of March 2022, there were over 1200 unicorn companies.
The top unicorn companies in Q2 2022 included Bytedance, with a $140 billion valuation, SpaceX ($127 billion), and SHEIN ($100 billion).
109. American unicorns increased from 387 in Q2 2021 to 629 in Q2 2022.
Likewise, Asian unicorns increased from 249 to 322 in the same period.
Here is the breakdown of the total number of unicorns in different regions from Q2 2021 to Q2 2022.
| Region | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 |
|---|---|---|---|---|---|
| The US | 387 | 444 | 507 | 584 | 629 |
| Asia | 249 | 273 | 301 | 313 | 322 |
| Europe | 92 | 103 | 119 | 139 | 154 |
110. In Q2 2022, 13 new retail Tech unicorns were born, bringing the total number of retail tech startups to 211.
That is compared to 18 new unicorns and 201 retail tech startups in Q1 2022.
111. The US had 49 unicorn births in Q2 2022, bringing the total number of unicorns to 629.
Asia had 322 unicorns and 15 unicorn births in the same period.
Check out the total number of unicorns and unicorn births in different regions.
| Region | Unicorn Births | Total Number of Unicorns |
|---|---|---|
| The US | 49 | 629 |
| Asia | 15 | 322 |
| Europe | 16 | 154 |
112. Startups, on average, spent 57 months from first funding to unicorn status in 2021.
This increased to 58 months in H2 2022. Startups’ median time between first funding to unicorn status also increased from 54 months in 2021 to 55 months in H2 2022.
113. In Q2 2022, there were 20 Fintech unicorn births bringing the total number of unicorns to 297.
In Q1 2022, 36 Fintech unicorn births brought the total to 279.
114. In Q2 2022, 8 new digital health unicorns were born, bringing the total number to 101.
In Q1 2022, 8 digital health unicorn births brought the total number to 94 unicorns.
115. Douyin, worth $200B, was the top global unicorn as of July 2022.
SpaceX, worth $125B, was next, followed by ANT ($120B) and Stripe ($62B).
116. Asset management/investment Startups' median deal sizes fell in Q1 & Q2 2022.
The asset management/investment median global deals fell from $30 million in 2021 to $15 million in H2 2022.
The table below summarizes median startup deal sizes across different investor categories in 2018, 2021, and H2 2022.
| Category | 2022 (Q1 $Q2) | 2021 | 2018 |
|---|---|---|---|
| Angel | $4 billion | $3 billion | $2 billion |
| Asset/Investment management | $15 billion | $30 billion | $17 billion |
| CVC | $14 billion | $16 billion | $11 billion |
| Corp | $8 billion | $10 billion | $8 billion |
| Private Equity | $27 billion | $34 billion | $16 billion |
| VC | $10 billion | $11 billion | $8 billion |
Startup Funding Statistics
117. Ultima Genomics was responsible for the top Silicon Valley startup equity deal worth $600M in Q2 2022.
Anthropic, with a $580M deal, was next, followed by Faire ($416M) and UPSIDE Foods ($400M).
118. Epic Games was responsible for America's top equity startup deal ($2B) in Q2 2022.
With a $1.7B deal, SpaceX was next, followed by Intersect Power ($750M) and Resilience ($625M).
119. Startup funding in Denver grew by 111% in Q2 2022.
Financing in this region grew from $0.9 billion in Q1 2022 to $1.9 billion in Q2 2022, representing a 111% growth.
120. Africa's startup funding reached 2.4 billion in 2021.
By Q2 2022, Africa’s total startup funding had reached $1.7 billion, representing 71% of 2021 funding.
121. In Q2 2022, the American firm Ultima Genomics with a $600 million investment, led in series A startup deals.
UK’s Bloom was next with a $378 million investment, followed by Wonder ($350 million), and NewCleo ($316 million).
122. Cansemi ($671M) was responsible for the top series B startup funding in Q2 2022.
In the same period, Coda payments ($690M) led in series C startup funding.
Here is a summary of the top 3 series B, C, D, and E+ startup deals in Q2 2022.
| Top Series B | Top Series C | Top Series D | Top Series E+ |
|---|---|---|---|
| Cansemi ($671M) | Coda Payments ( $690M) | Resilience ($625M) | VerSe innovation($805M) |
| Anthropic ($580M) | Upside FOODS ($400M) | Rimac Automobili ($535M) | Faire ($416M) |
| Velocity Global ($400M) | Crusoe ($350M) | EcoVadis ($500M) | SumUp ($312M) |
123. Retail Tech startup funding fell from $23.2B (901 deals) in Q1 2022 to $13.2B (710 deals) in Q2 2022, representing a 43% drop.
In contrast, retail tech startups received $26.1B in funding from 935 deals in Q4 2021 and $27.5B from 1,006 deals in Q3 2021.
124. KuCoin, with a 950 mosaic score, raised $150M in startup funding in Q2 2022.
SumUp was next with a 950 mosaic score and $312 million in funding, followed by SpotOn with a 940 mosaic score and $300 million.
125. Digital health startup funding hit $17.6B from 1,255 deals in H1 2022.
In 2021, digital health startups raised $59.3B from 3,107 deals and $32.6B from 2,564 deals in 2020.
126. Digital health startup funding decreased from $10.5 (701 deals) in Q1 2022 to $7.1B(554 deals) in Q2 2022.
Which represented a 32% drop in funding. In comparison, digital health startups raised $16.1B from 723 deals in Q4 2021.
127. In Q2 2022, funding for American digital health startups reached $4.8B.
Asian digital health startups received $1.1B in the same period, followed by European ($1B), and Canadian ($90M) digital health startups.
128. Silicon Valley startup funding fell from $28.1B in Q1 2022 to $16.6B in Q2 2022.
Likewise, startup deals fell from 788 in Q1 2022 to 606 in Q2 2022.
129. As of H1 2022, US startups received $123B in funding across 6,079 deals.
This dropped from $309.8B (12,394 deals) in 2021 and $150.1B (9,941 deals) in 2020.
<a href="https://vpnalert.com/resources/startup-statistics/" target="_blank" data-wpel-link="internal"><img decoding="async" src="https://vpnalert.com/wp-content/uploads/2023/08/us-startups-received-funding.png" alt="US Startups Received Funding" width="768" border="0" height="473.83033419023" loading="lazy" fetchpriority="low" srcset="https://vpnalert.com/wp-content/uploads/2023/08/us-startups-received-funding-768x474.png 768w, https://vpnalert.com/wp-content/uploads/2023/08/us-startups-received-funding-300x185.png 300w, https://vpnalert.com/wp-content/uploads/2023/08/us-startups-received-funding-1024x632.png 1024w, https://vpnalert.com/wp-content/uploads/2023/08/us-startups-received-funding-1536x947.png 1536w, https://vpnalert.com/wp-content/uploads/2023/08/us-startups-received-funding.png 1945w" sizes="auto"></a>
130. The deal count for Dallas-based startups fell from 56 in Q1 2022 to 41 in Q2 2022.
Likewise, funding for Dallas startups fell from $2,164M to $402M in the same period.
131. US startup funding fell by 25% in Q2 2022 compared to Q1 2022.
In Q1 2022, US startup funding stood at $70.1B, which fell to $52.9B in Q2 2022, representing a 20% funding drop. Likewise, total US startup deals fell from 3,381 in Q1 2022 to 2,698 in Q2 2022, representing a 20% drop in deals.
132. Funding for New York startups dropped from $11.7B in Q1 2022 to $6.4B in Q2 2022.
Likewise, deals fell from 526 to 416 in the same period.
133. Funding for Los Angeles startups fell from $5B in Q1 2022 to $4.4B in Q2 2022.
Deals also fell from 263 to 206 during the same period.
134. Funding for Boston startups increased from $4.6B in Q1 2022 to $5.1B in Q2 2022.
In contrast, deals dropped from 217 in Q1 2022 to 178 in Q2 2022.
135. Seattle startup funding increased from $1.4B in Q1 2022 to $1.8B in Q2 2022, representing a 29% increase.
In contrast, deals reduced from 103 to 71 in that period.
The table below summarizes Boston startup funding and deals between Q2 2021 and Q2 2022.
| Period | Funding | Deals |
|---|---|---|
| Q2 2021 | $1.7B | 90 |
| Q3 2021 | $1.5B | 101 |
| Q4 2021 | $2.4B | 89 |
| Q1 2022 | $1.4B | 103 |
| Q2 2022 | $1.8B | 73 |
136. Funding for Denver-based startups increased from $0.9B in Q1 2022 to $1.9B in Q2 2022.
In contrast, deals reduced from 89 to 80 in the same period.
137. Chicago-based startup funding dropped from $1.363M in Q1 2022 to $662M in Q2 2022.
While the startup deal count remained constant at 68 during that period.
138. Funding for Washington DC startups dropped from $1.037B in Q1 2022 to $927M in Q2 2022.
Similarly, deals dropped from 115 to 74 in the same period.
139. Funding for Miami startups jumped from $1,065M to $1,160M between Q1 and Q2 2022.
In contrast, deals reduced from 84 to 81 in the same period.
140. Canada’s startup funding hit $6B across 383 deals as of H1 2022.
This represented a drop from $11.7B (824 deals) in 2021.
141. Funding for Canadian startups decreased by half between Q1 and Q2 2022.
In Q1 2022, funding for Canadian startups stood at $4.0B(224 deals), which dropped to $2.0B (159 deals) in Q2 2022.
142. Funding for Atlanta startups fell from $587M in Q1 2022 to $459M in Q2 2022.
Similarly, deals fell from 58 to 49 in the same period.
143. Funding for Asian startups dropped from $35.8B in Q1 2022 to $27.0B in Q2 2022.
Asian startup deals also fell from 2,898 to 2,630 in this period.
144. Asia’s startup funding dropped from $180.1B in 2021 to $62.8B in H1 2022.
Similarly, deals decreased from 12,552 to 5,528 during the same period.
145. Europe’s H1 2022 startup funding ($48.9B) was almost half of the $95.5B funding collected in 2021.
Startup deals also reduced from 7,001 to 3,553 during the same period.
146. European startup funding fell from $26.2B in Q1 2022 to $22.7B in Q2 2022.
Similarly, European startup deals also reduced from 1,848 to 1,705 in the same period.
The table below summarizes European startup funding and deal count between Q2 2021 and Q2 2022.
| Quarter | Funding | Deals |
|---|---|---|
| Q2 2021 | $30.6B | 1,834 |
| Q3 2021 | $23.1B | 1,652 |
| Q4 2021 | $22.2B | 1,830 |
| Q1 2022 | $26.2B | 1,848 |
| Q2 2022 | $22.7B | 1,705 |
147. US Fintech funding stood at $8.6 billion in Q2 2022.
This was followed by Asia ($5.1B), Europe (4.7B), and Latin America & Caribbean regions ($1.2B).
148. Retail tech startups received $36.4B in funding from 1,611 deals in H1 2022.
In 2021, the funding was higher at $108.6B and 3,764 deals.
149. Funding for retail tech startups fell from $23.2 billion in Q1 2022 to 413.2 billion in Q2 2022, representing a 43% drop in funding.
These figures were lower than those recorded in 2021, as represented in the table below.
| Quarter & Year | Retail Tech Funding |
|---|---|
| Q4 2021 | $26.1 billion |
| Q1 2022 | $23.2 billion |
| Q2 2022 | $13.2 billion |
150. In H2 2022, global fintech startup funding reached $50.7B and 2,707 deals.
That is compared to $138.8B and 5,282 deals in 2021.
151. Global Fintech funding stood at $30.3B and 1482 deals in Q1 2022.
This figure was reduced by 33% to $20.4B and 1,225 deals in Q2 2022.
152. Mega-round funding reached $124.1 billion across 613 deals in H1 2022.
In 2021, this figure was higher at $369.4 billion across 1573 deals.
153. In Q2 2022, Asian retail tech startup funding stood at $4.9B.
That was compared to American ($4.8B), European ($2.7B), and Latin America & Caribbean ($0.5B) retail tech startup funding.
<a href="https://vpnalert.com/resources/startup-statistics/" target="_blank" data-wpel-link="internal"><img decoding="async" src="https://vpnalert.com/wp-content/uploads/2023/08/tech-startup-funding.png" alt="Tech Startup Funding" width="768" border="0" height="962.56" loading="lazy" fetchpriority="low" srcset="https://vpnalert.com/wp-content/uploads/2023/08/tech-startup-funding-768x963.png 768w, https://vpnalert.com/wp-content/uploads/2023/08/tech-startup-funding-239x300.png 239w, https://vpnalert.com/wp-content/uploads/2023/08/tech-startup-funding-817x1024.png 817w, https://vpnalert.com/wp-content/uploads/2023/08/tech-startup-funding.png 1200w" sizes="auto"></a>
154. Global startup's mega-round funding fell by 31% between Q1 and Q2 2022.
In Q1 2022, mega-round funding stood at $73.6 billion, which fell to $50.5 billion in Q2 2022, representing a 31% drop.
155. Asian startups experienced a 25% funding dip in Q2 2022.
This was similar for American start-ups (25%) but higher than European start-ups (13%).
The table below summarizes startup funding in different regions between Q1 and Q2 2022.
| Region | Q1 2022 | Q2 2022 | % Dip |
|---|---|---|---|
| US | $70.1 billion | $52.9 billion | 25% |
| Asia | $35.8 billion | $27 billion | 25% |
| Europe | $26.2 billion | $22.7 billion | 13% |
156. The total global funding for startups in Q2 2022 was $108.5 billion.
This represented a 23% drop from the $141.6 billion start-up funding in Q1 2022.
Startups Are Changing the World
The latest statistics, facts, and trends show that startups have taken the world by storm and are here to stay.
As more people join the startup bandwagon, having the latest information at your fingertips is critical to surviving this modern-day global business takeover.
And since startup financing, equity deals, and mergers often happen in the virtual finance ecosystem, read our comprehensive DeFi statistics article to understand how you can leverage this sector to your advantage. Our Top Canada Startups article will also give you a glimpse into the exciting world of startups.
- https://www.cbinsights.com/research/report/venture-trends-2022/
- https://www.cbinsights.com/research-unicorn-companies
- https://www.statista.com/statistics/315492/percentage-of-population-involved-in-business-start-ups-in-latin-america-and-caribbean/
- https://www.statista.com/statistics/315499/percentage-of-population-involved-in-business-start-ups-in-asia-pacific-and-south-asia/
- https://www.statista.com/statistics/407888/ranking-of-highest-valued-startup-companies-worldwide/
- https://www.statista.com/statistics/1096071/market-value-of-unicorns-in-china-by-industry/
- https://www.statista.com/statistics/1096928/number-of-global-unicorns-by-country/
- https://www.cbinsights.com/reports/CB-Insights_Venture-Report-Q2-2022.pdf
