1、Q3 2020 MoneyTree Report 2 Executive summaryQ3 2020 Q320 funding to US-based, VC-backed companies is the second strongest quarter ever Investments reach $36.5B in Q320, the second highest quarter ever: VC investments to US-based companies hit a 7-quarter high in Q320 at $36.5B, up 22% year-over-year
2、 (YoY) and 30% from Q220. The quarterly increase in deal activity is more modest: 1,461 VC deals take place in Q320, a 1% increase from 1,440 deals in Q220. While deal activity has shown small increases each quarter so far this year, Q320 deals are still down 11% YoY amid the pandemic. Number of qua
3、rterly mega-rounds climbs to a new record: Mega-rounds drive funding gains as 88 US-based companies raise rounds worth $100M or more in Q320, surpassing the record set in Q220. As a result, mega-round deal share rises to 54% of total funding. Seed deals rise for the second consecutive quarter: Seed
4、deals continue their recovery after a sharp drop-off in Q419. Later-stage deal size is still high: Series D median deal size rises to $50M vs. $32M in Q220. Geographic insightsUS insights Global deal activity and funding see quarterly rises North America, Asia, and Europe see combined funding of $71
5、.9B in Q320, a historical record: Global VC funding rises over 40% in Q320 compared to Q220. Asia sees the largest jump in funding and deals, deal activity surpasses North America: Asia deal activity rises over 14% in Q320, compared to a 1% rise in North America and a flat quarter in Europe. Funding
6、 to startups in Asia increases 74%, while jumping 29% in both Europe and North America in Q320 vs. Q220. Los Angeles and Seattle Metros see significant upticks in deal activity: Los Angeles deal activity increases to 115 in Q320, up from 86 in Q220. Seattle deal activity jumps 33% in Q320 compared t