Venture Capital Deal Market Strong


    Last year was another strong year for the venture capital-backed deal market as 9,717 deals were announced globally, worth an aggregate $134 billion, says Preqin, which expects these figures to rise by up to a further five per cent as more information becomes available. This is the second consecutive year in which total deal value has exceeded $100 billion and maintains the momentum that saw 2015 accumulate a record $143 billion in deal value. However, the total number of venture capital deals in 2016 does not look likely to match the volume seen the previous year when 9,717 deals were concluded through 2016, down from the 11,115 transactions recorded in 2015. While 2016 seems likely to surpass 10,000 deals, it may yet mark the lowest number of annual deals seen since 2012.