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PwC and CB Insights’ Q1 2020 MoneyTree report highlights the latest trends in venture capital funding globally.
REPORT HIGHLIGHTS:
US VC DEAL ACTIVITY DECLINES FOR THE THIRD CONSECUTIVE QUARTER
In Q1’20, US deals fell 9% QoQ, with some of the decline likely attributable to the Covid-19 pandemic. Nonetheless, funding still rose 14% QoQ on the back of larger deals.
Source: PwC CB Insights MoneyTree™ Report Q1 2020
ASIA SEES THE LARGEST DROP IN FUNDING AND DEAL ACTIVITY
Asia deal activity declined 20% YoY in Q1’20, compared to declines of 17% in North America and 10% in Europe, with some of the decline likely attributable to the earlier outbreak of the Covid-19 pandemic.
Source: PwC CB Insights MoneyTree™ Report Q1 2020
US UNICORN BIRTHS ARE ON THE DECLINE
The number of VC-backed startups valued at $1B+ continues to rise, but aggregate valuation dips for
the second consecutive quarter.
Source: PwC CB Insights MoneyTree™ Report Q1 2020
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