According to a new “State of Venture” report (PDF) by CB Insights, during Q2 2022 $108.5 billion in global venture capital funding was raised across 7,651 deals, representing the largest quarterly percentage decline in deals (and the second-highest decline in funding) in a decade.
Retail technology refers to the digital tools and innovations utilized by merchants — brick-and-mortar and ecommerce — for in-store and supply chain operations. According to the CB Insights report, retail tech funding in Q2 2022 fell 43% from the previous quarter to $13.2 billion.
CB Insights data shows that with a combined 69% in Q2 2022, the U.S. and Asia held the top two spots in global deal share.
Crunchbase is a platform for finding information about private and public companies. It provides prospecting software powered by that info.
According to Crunchbase’s data, the second quarter of 2022 saw a sharp decline in global funding as investors stayed away from later-stage deals. Funding in Q2 2022 dropped 26% quarter-over-quarter and 27% year-over-year.