The Global Startup Ecosystem report has mixed signals.
The Global Startup Ecosystem report has mixed signals.
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The number of tech unicorns fell 40% in 2022 | Global Startup Ecosystem report

  • Posted byby Dean Takahashi
  • Updated
  • 4 min

As venture capital investments fell during the economic downturn, the number of tech unicorns fell 40% in 2022, according to the Global Startup Ecosystem report.

Last year, we saw a slowdown in the number of unicorns, with a global decline of 40% from 2021’s 595 to 359. However, seven ecosystems still produced their first tech unicorn in 2022, according to the report by Startup Genome and the Global Entrepreneurship Network (GEN).

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Written by

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.