2023年第三季度风险状况报告（英）

State of VentureGlobal | Q3 2023Global data and analysis on dealmaking, funding, and exits by private market venture companiesGuess Less. Win More.CB Insights helps the world’s leading companies make smarter technology decisions with data, not opinion. Our Technology Insights Platform provides companies with comprehensive data, expert insights, and work management tools that enable them to discover, understand, and make technology decisions.▮▮▮▮IIISign up for a free trialSign up for a free trial2State of VentureCompare private companies and price deals with speed and scale.Request a demoValuations & Deal TermsPlatformBusiness Intelligence & AnalyticsMake your brand more searchable. Findable. Buyable. Partnerable. Investable.Complete a free Analyst Briefing Survey*and get in front of enterprise tech buyers, M&A teams, and investors.*Survey takers have increased their lead generation 3x on average.▮▮▮▮▮IIIApply hereSign up for a free trial4State of VentureCB Insights has been particularly useful for running searches around non-traditional performance metrics.... This gives us a more nuanced understanding of a company’s health and refines our knowledge of the best opportunities.View success story →Kumar DandapaniFormer Head of Data Science, Norwest Venture PartnersDig Deeper.CB Insights clients can find and track companies using our analyst-curated Expert Collections.6FintechInsurtechPaymentsDigital HealthMental Health TechTelehealthE-CommerceStore ManagementSupply Chain & Logistics TechState of VentureTLDR$64.6BQ3 venture funding. Up 11% QoQ.Global venture dollars rebounded to $64.6B in Q3’23, an 11% increase from the previous quarter. Nearly half of the quarter’s funding came from mega-rounds of $100M or more.However, global deal volume fell 11% QoQ to 6,111 deals in Q3’23 — the 6th straight quarter in decline and the lowest level since 2016.See the data →724%Increase in global IPOs QoQ.Q3’23 saw 126 companies go public via IPO — up 24% compared to 102 in Q2’23.This points to a noticeable improvement in the IPO market. The top 2 IPOs by valuation went to Instacart ($9.9B) and Klaviyo ($9.3B), both based in the US.See the data →12New unicorns in Q3. Lowest level since 2016.Q3’23 saw the birth of only 12 unicorns globally, a 40% drop QoQ and the lowest quarterly birth count in over 6 years. While unicorn births saw sharp drops in most major regions, the US continued to lead, accounting for just under half of new unicorns (5).See the data →5Of the 10 largest deals go to the EV industry.Half of Q3’s largest deals focused on electric vehicle infrastructure, highlighting investors’ sustained interest in the tech.Some of the largest venture deals went to Northvolt ($1.2B) and Redwood Materials ($1B), both in the lithium-ion battery space. See the data →38%Of exits go to Europe-based companies. Among regions, Europe led in share of global exits for the fourth quarter in a row at 38%. The US was close behind at 35%.Despite promising signs from the IPO ma