Investment into venture-backed companies is already on pace to experience another record-breaking year in 2018, according to the PitchBook-NVCA Venture Monitor, the authoritative quarterly report on venture capital activity in the entrepreneurial ecosystem jointly produced by PitchBook and the National Venture Capital Association (NVCA). Coming off multiple years of record fundraising, just over $8 billion was raised by venture funds in 1Q 2018, a slight decline from previous quarters. Despite the slow start, several billion-dollar mega-funds have since been announced, which are expected to boost fund size and capital raised as 2018 unfolds. The sustained momentum in venture fundraising has continued to fuel ramped dealmaking.
