Summary: S&P Global Market Intelligence saw the value of global private equity and venture capital funding rounds rose to $21.18 billion in July, representing a year-over-year increase of about 20.1%.
Key highlights from the analysis include:
- The number of funding rounds fell slightly by 5.4% to 1,211 from the year-ago period.
- On a monthly basis, the value of private equity and venture capital-backed funding rounds declined almost 7% from $22.77 billion.
- The number of transactions noted an increase of roughly 2% from 1,192 recorded a month prior.
- The technology, media and telecommunications sector (TMT) continued to lead in venture capital investments in July, accounting for 35.4% of the global total. Healthcare followed, capturing 21.4% of the overall funding.
- Within the TMT sector, application software companies had the highest number of funding rounds in July with 242, although the number was lower than the 326 rounds recorded the year prior
Please find the full analysis here by S&P Global Market Intelligence