Crunchbase Q3 2020 Global Venture Report

Crunchbase has published Q3 2020 Global Venture Report.

The report identifies that following a strong second quarter in global funding, the third quarter of 2020 has held up with $76.4 billion in venture funding worldwide—up 1 percent quarter over quarter and 9 percent year over year.

Crunchbase data shows increased investment between Q1 and Q3 2020 versus the same period in 2019 in health care, apps, payments, education and gaming. Quarter over quarter—when excluding sectors that only showed growth due to a dip in Q2—there has been increased funding to the commerce and shopping, manufacturing, sports, gaming, agriculture and farming, and clothing and apparel sectors.

At $2.6 billion, seed funding in the third quarter was down 32 percent year over year and down 11 percent quarter over quarter. Early-stage funding, meanwhile, was $19.3 billion in the third quarter, down 18 percent year over year and down 14 percent quarter over quarter. 

Late-stage funding has increased in the third quarter with 452 rounds raising $48.1 billion, up 24 percent year over year and 26 percent quarter over quarter. A larger share of funding is going to later-stage rounds in the third quarter at 71 percent.

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