According to Crunchbase data released for Q3 2025, global venture funding swelled to US$97 billion — a 38 % year-on-year increase — led by mega-rounds in AI, robotics, quantum computing and energy tech. Late-stage deals accounted for US$58 billion of the total, with over 1,700 companies raising funds. Deal activity remains robust despite macro uncertainty, signalling strong investor appetite for frontier tech.