Fundraising Activity Hit by Pandemic Via Pitchbook
October 5th, 2020
Fundraising activity for first time funds has decreased this year according to Pitchbook from $5.3 Billion last year, to $1.9 billion so far this year. However, those that do get funding are coming away with more. The median fundraising amount for first-time funds have increased to $42.3 million, up from $35 million last year.
The full story can be found here: https://pitchbook.com/news/articles/sports-firm-will-ventures-first-time-vc-fund