U.S. Tech Venture Investing Increases During Pandemic, Exceeding 2019 Levels

Fenwick startup & venture capital practice co-chair Mark Leahy talked to Reuters about the current venture capital investing environment as well as takeaways from recent Silicon Valley venture financings.

Leahy, who co-authors Fenwick’s Silicon Valley Venture Capital Survey and Venture Capital Flash Report, told Reuters that a sign of strength in venture funding is the number of early-stage investments.

The publication cited Fenwick analysis showing that earlier stage deals accounted for 59% of July financings, higher than the 55% monthly average in 2019.

“That’s the beginning of growth and that’s what’s going to carry us into 2021,” Leahy said.

The full article is available on Reuters.