Investment by PE, VC More Than Halve to $1.9B in August, Selected Segments See a Jump

Investment by private equity and venture capital (PE-VC) funds more than halved to USD 1.9 billion in August as there were no large deals.Compared to private equity and venture capital (PE-VC) funding of $1,679 million during the same time last year, investment declined by over 50 percent to $870 million this year across 75 deals. Investment in B2B (business-to-business) software companies suffered due to slow consumption growth and distress among investors due to COVID.

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