Startup funding within the U.S. and Canada dropped another 12% in Q2—influenced by the additional risk this pandemic has brought. Although, that 12% number likely doesn’t tell the whole story.
In Q2, most funding rounds were more than $100 million and went to more “mature startups” than before. Unfortunately, this left a hole in equity investment for the majority of smaller startups.
Small to medium-sized startups have been gravitating towards venture debt, which remained the most open form of funding available throughout Q2.
Read More Tech Startup Funding Declines as Pandemic Drags On - WSJ