- Crunchbase data includes all funding stages, corporate venture, and private equity rounds in venture-backed companies;
- More than half of the total amount identified by Crunchbase in 2020 first semester, $69.5 billion, was invested during the second quarter of 2020.
New data from Crunchbase shows that investments in startups are not as low as expected at the beginning of the COVID-19 pandemic. It’s true the most venture capital firms and funds had been focusing their energy on their current portfolio, but they are not blind to opportunities, especially the ones already identified before the coronavirus crisis and highlighted during this period.
READ ALSO: From Tembici to CargoX, Valor Capital Group keeps investing in Brazilian startups amid the Covid-19 pandemic
According to crunchbase news, the total global venture amount reached $129 billion in the first half of the year, down 7 percent from the same period of 2019. This data includes all funding stages, corporate venture, and private equity rounds in venture-backed companies.
READ ALSO: Brazilian pet products retailer PetLove raises $23 million from L.Catterton; it’s the second infusion in two months
More than half of the total amount identified by Crunchbase, $69.5 billion, was invested during the second quarter of 2020 (17% more than in the first quarter, and 2 percent down when compared to the same quarter of 2019), possibly due to a slightly clearer view on the impacts of the disease on the economy as a whole, and on the universe of startups.
READ ALSO: Mexican online grocery business Jüsto raises $12 million in a new round
According to crunchbase news, 138 funding rounds of the second quarter raised more than $100 million (61% of the total amount raised in the period).