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VC Investment in U.S. Hits New Record High in 2020, KPMG
January 22, 2021, 07:30 AM
Despite global uncertainty resulting from a number of ongoing events including the COVID-19 pandemic, the U.S. presidential election, Brexit negotiations and trade tensions between the U.S. and China, global VC investment remained very robust in Q4â20, with $80.8 billion in investment across 5,418 deals. According to the Q4â20 edition of the KPMG Private Enterprise Venture Pulse report, this strong performance helped drive annual global VC investment to $300.5 billion â the second highest level of global VC funding ever, next to 2018 ($329.7 billion).
James Langton
Thanks to a strong fourth quarter, global venture capital (VC) investment topped US$300 billion in 2020, according to a new report from KPMG LLP.
With $80.8 billion (all figures in U.S. dollars) in fourth quarter investment, global VC funding totalled $300.5 billion for the year, which is the second highest total on record, trailing only 2018’s $329.7 billion.
KPMG said that the strong fourth quarter was “driven by a continued resurgence of investment activity in Asia, particularly in China,” but that activity also remained robust in Europe and the Americas.
Indeed, both the Americas region and Europe set full-year records for VC investment, with $164.3 billion in the Americas (including a record $156.2 billion in the U.S.) and $49 billion in Europe.