普华永道：2019年第二季度风险投资报告（英文版）(64页).pdf

1、MoneyTree Report Q2 2019 2 Executive summaryQ2 2019 $100M+ deals continue to elevate US VC funding levels, with total funding on track to push records again. At the 2019 halfway point, US VC funding shows no signs of slowing: At the end of Q2, US VC funding was at $55B, well above the mid-point for

2、2018 ($48B), which ultimately saw a near-record $116B raised (compared to the record $120B in 2000). $100M mega-rounds drive funding higher: Driving the trend toward bigger deals, US companies raised a record quarterly number of $100M+ VC rounds in Q2, with 64 mega-rounds accounting for nearly half

3、of all funding raised. Seed rounds fluctuate to lowest activity in six years:After rebounding last quarter, Seed activity dropped below levels last seen in Q114. US produces 19 new unicorns: 19 US VC-backed companies saw their valuations rise to $1B+, nearing the record set in Q418 of 22 new unicorn

4、s. Q2 2019 funding across North America, Asia, and Europe remains relatively flat. North America, Asia, and Europe combined funding hits $53B: Total annual VC funding decreased by 2% from Q1 2019 totals. Deal activity increased by 2%, to 3,474 transactions. Asia deal activity retreats behind North A

5、merica: While Asia came close to surpassing North Americas deal activity in Q3 2018, the regions deal activity has since declined by 24% from Q318 to Q219. San Francisco Bay Area deal activity rebounds: After 3 consecutive quarters of decline, deal activity increased 17% to 438 transactions in Q2 20

6、19. After record quarterly funding of $25B in Q3 2018, dollar funding has since stabilized to $13B. New York Metro sees slight decline in deal and dollar funding activity: After deal activity rebounded by 29% in Q1 2019, it declined by 8% in Q2 2019 to 212 transactions. Similarly, dollar funding dec