By every measure, 2020 was a big year for venture capital — at least for the established players.
U.S. venture capital funds set new records in deal making, exits, and fundraising last year, according to a new report from PitchBook and the National Venture Capital Association. Deal value topped $150 billion for the first time, while exit value hit a record $290 billion after a surge of public listings in the second half of the year. Meanwhile, new venture capital funds raised $73.6 billion, surpassing the 2018 high of $68.1 billion, according to the report.
Image: Illustration by II
