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VC M&A activity with VC-backed buyer as a share of all VC M&A activity

Mayfield FundFebruary 2026
VC M&A activity with VC-backed buyer as a share of all VC M&A activity
Chart by Mayfield Fund. Source: mayfield.com

Line chart measuring the proportion of VC M&A activity involving VC-backed buyers by count and total value from 2015 to 2025. By 2025, the share of M&A count rose to 38.4%, while the share of M&A value stood at 22.3%.

LabelValue shown on the chart
2024 Share of M&A count34.7%
2025 Share of M&A count38.4%
2024 Share of M&A value23.0%
2025 Share of M&A value22.3%

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