VCs raised billions in Q1 even as they made fewest investments in 3 years – VentureBeat

On Monday, the National Venture Capital Association had reported that U.S VC firms raised $12 billion across 57 different funds to invest in startups, calling it the largest amount raised in 10 years. KPMG and CB Insights did not specify a figure for the amount raised by firms, but called the billions raised the most since the dot com craziness of 2000. Regardless of the final amount, we’re talking about a vast amount of capital ready to be invested. For instance, Founders Fund raised $1.4 billion for a single fund while Accel raised $2 billion across a pair of funds.

But with VC firms so focused on fundraising, they were apparently too busy to do much investing. In fact, U.S. deal activity slowed in Q1 with just $14.8 billion invested across1,035 deals. (For all of North America, the numbers were only slightly better: $15.2 billion across 1,101 deals.)

Source: venturebeat.com

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