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Global VC Report 2020: Funding And Exits Blow Past 2019 Despite Pandemic Headwinds

Late-stage venture capital, which includes Series C and later rounds, grew 8 percent year over year. Seed fundingAt $3.3 billion, seed funding in the fourth quarter was down 27 percent year over year and 7 percent quarter over quarter. Crunchbase includes venture rounds of unknown series, corporate venture and other rounds above $3 million, and those less than or equal to $15 million. Late-stage consists of Series C, Series D, Series E and later-lettered venture rounds following the “Series [Letter]” naming convention. Also included are venture rounds of unknown series, corporate venture and other rounds above $15 million.

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