Global VC activity by region in Q3 2024 shows activity is slipping.

Global VC activity declines in Q3 | NVCA 1st look

Global venture capital activity declined in Q3, confirming that 2024 will be another weak year for venture investments and exits, according to the Q3 2024 Pitchbook/NVCA Venture Monitor First Look.

By just about every number, Q3 was weak and 2024 overall doesn’t compare well in terms of numbers of deals, average deal size, VC fundraising, exits and dollar amounts raised. No particular region stood out in terms of great performance, based on the report from Pitchbook and the National Venture Capital Association.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.