Global Private Market Trends in 2025
Key Takeaways
The Global Private Market Trends report explores the forces shaping VC ecosystems around the world. The report focuses on three key sectors at the center of VC’s evolving role globally: artificial intelligence (AI), cybersecurity and fintech.
50% AI VC and growth deals
Half of AI VC and growth deals are in companies based outside North America.
13 Non-US cybersecurity unicorns
This is the number of non-US active cybersecurity unicorns.
127% Growth of Pix transaction value
This is the growth in transaction value of Brazil's Pix, a payment system quickly being adopted internationally.
FX fluctuations play key role in fund returns
Over the lifespan of a VC fund, currency fluctuations can have an outsized impact on the returns for foreign LPs.
A lack of IPOs dampens exit markets
IPOs continue to decrease across every region except India, which has become the leader in public offerings.
US PE/VC maintain consistent geographic allocations
Despite the VC funding downturn, international trade tensions and geopolitical issues, US funds continue to invest in similar geographies year-over-year.
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