Countries like Germany, Switzerland and Japan have benefitted from an explosive growth in capital, but the US still dominates and the UK risks being left behind, our in-depth analysis shows.

Just 249 investments were announced in the last three months of 2022 but the year was still the second-best on record in almost every category.

Amid a general downturn, spinouts have been faring much better than the startup world at large.

Despite being the first year spent entirely during the pandemic, 2021 underlined the strengths of the ecosystem with spinouts raising nearly $39.2bn.

Global University Venturing has published the second update to its flagship longitudinal report, which is available for free to subscribers now or as a separate purchase. Here are the key findings.

Over the course of the past six years, Global University Venturing has tracked more than 2,730 investments in spinouts– add in the number of exits and it is 2,990 deals in total. That is more than 1,000 additional deals since Global University Venturing first published this flagship report in 2016.

Investment analysis January to June 2018

Global University Venturing's data review and roundup of funds investing in spinouts.