Venture Capital

Which Industries Attract The Most Venture Capital

According to a report from Martin Prosperity, venture capital investment is heavily concentrated across several industral sectors. America's top five industries account for 76.3 percent of all VC investment across the nation, about $25 billion in total. Software receives the largest slice of the VC pie by far, accounting for 36.2 percent (almost $12 billion) while biotechnology comes second with 17.3 percent ($5.7 billion). Media and entertainment rounds off the top three with 9.5 percent ($3.2 billion).

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This chart shows the top 10 U.S. industry sectors by share of venture capital investment.

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Value of venture capital (VC) investment in the United States in 2025, by industry (in billion U.S. dollars)
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Value of venture capital investment in the United States in Q1 2021, by industry (in million U.S. dollars)
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Number of venture capital deals in the United State in 2024, by industry
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Total value of venture capital investments in Europe in 2019, by sector (in billion U.S. dollars)
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Leading sectors for venture capital investments in Mexico between 2005 and 2018
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Distribution of venture capital (VC) investment value in Central and Eastern Europe (CEE) in 2025, by sector

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