MoneyTree™ 2020 年第四季度报告（英文）

Q4 2020MoneyTree™Report2Executive summaryQ4 20202020 investments reach a new annual record despite the pandemic2020 investments hit an all-time high: US-based, VC-backed companies raise nearly $130B in 2020, up 14% year-over-year (YoY) from 2019. However, annual deal activity is down 9% YoY to 6,022 deals. $100M+ funding rounds took place in 2020, setting a new record: Mega-rounds drive the funding gains in 2020, with 318 rounds worth $100M or more taking place in 2020, setting a new record. Mega-round deal share is roughly half of total funding in 2020 at 49%.IPO activity jumps in 2020: 147 US-based, VC-backed tech companies exit in IPOs in 2020, up sharply from the 90 IPO exits that took place in 2019. Meanwhile, M&A exits decline to 653 in 2020, from 679 in 2019. At the end of 2020, there are a record number of unicorn companies in the US: As of EoY 2020, there are 225 US-based, VC-backed private companies valued at $1B+, with a record 28 companies reaching unicorn status in Q4’20 alone. Geographic insightsUS insightsGlobal deal activity falls, while funding rises in 2020North America, Asia, and Europe see combined funding of $259B in 2020: Global VC funding rises 15% YoY in 2020 to over $259B. In the last quarter of the year, global VC funding is up 11% in Q4’20 compared to Q3’20. Deals fall 7% YoY with 16,773 deals taking place in 2020.Asia, Europe, and North America see decreased deal activity in 2020: Deals decline 7% in Asia, 9% in North America, and 6% in Europe. Asia sees the largest annual increase in funding, rising 28% YoY. Funding is up 12% in North America and 1% in Europe. Miami Metro is a bright spot with a 685% QoQ increase in investments in Q4’20: Other Metros with a significant uptick in quarterly funding include Atlanta (+111%), San Diego (+298%), and Denver (+263%). Source: PwC/CB Insights MoneyTree™ Report Q4 20203Mega-roundsDollars and DealsMetrosUnicornsStatesEmerging areasExitsContentsSectorsGlobalSource: PwC/CB Insights MoneyTree™ Report Q4 2020Deals and DollarsSource: PwC/CB Insights MoneyTree™ Report Q4 20205$52$122 $113 $130200120052010201520205,0117,052 6,5996,022US deals and dollars – Annual2020 funding hits new record despite the pandemicSecond highesteverInvestments ($B)# of dealsHistorical recordSource: PwC/CB Insights MoneyTree™ Report Q4 202061,6611,7801,6741,4841,4711,4771,5251,549$27.6$31.4$29.4$25.1$27.9$28.4$36.7$36.7Q1'19Q2'19Q3'19Q4'19Q1'20Q2'20Q3'20Q4'20US deals and dollars – QuarterlyQ4’20 US VC financing increases slightly from Q3’20Investments ($B)# of dealsSecond highesteverThird highestSource: PwC/CB Insights MoneyTree™ Report Q4 20207US funding – Quarterly seasonalityStrong H2’20 funding caps a historic year$12.4$19.3$17.1$16.6$23.7$27.6$27.9$17.4$20.8$15.1$27.5$26.2$31.4$28.4$14.1$21.0$16.1$22.1$31.0$29.4$36.7$16.7$16.2$12.8$21.8$40.6$25.1$36.72014201520162017201820192020Historical recordQ3Q2Q1Q4TotalInvestments ($B):$60.6$113.4$121.5$87.9$61.1$77.2$129.7Source: PwC/CB Insights MoneyTree™ Report