Global VC investment
Global venture capital investment rose from $125.6 billion in Q3’25 to $138.1 billion in Q4’25, marking a fifth consecutive strong quarter. 2025 as a whole attracted the third-highest annual level of global VC investment.
Meanwhile, VC investment in Europe rose marginally from $20.6 billion in Q3’25 to $21.1 billion in Q4’25, though overall deal volume remained soft, falling from 2,005 to 1,652 quarter-over-quarter.
The AI sector was incredibly robust in Europe this quarter, led by a $578 million raise by France-based Brevo, a $300 million raise by Germany-based Black Forest Labs, and a $200 million raise by UK based Synthesia.