Billion-dollar VC Funding Deals Did Not Attract Investor Attention During Q2 2021 Due To COVID-19: GlobalData

Low-value deals (where the investment was less than or equal to US$10m) accounted for the majority of global venture capital (VC) investment volume during the second quarter (Q2) of 2021, while deals valued more than US$1bn remained mostly non-existent, according to GlobalData.
Of the total 5,416 deals with disclosed funding value announced during the quarter, 60.8 per cent were low-value deals, while those valued more than US$100m stood at just 5.9 per cent. Meanwhile, only two deals valued more than US$1bn were announced during the quarter.
Lead Analyst at GlobalData, Aurojyoti Bose comments: “VC investors were more cautious during Q2 2021 and taking less risks with big-ticket deals amid the COVID-19 pandemic.”
VC investment volume (deals with disclosed funding value) decreased by 10.4 per cent from 1,973 deals in April to 1,768 in May and further shrank by 5.3 per cent to 1,675 in June 2021. In April 2021, low-value deals, as a percentage of the total deal volume, stood at 65.4 per cent, while the share of deals valued more than US$100m stood at just 5.6 per cent. No deals worth more than $1bn were announced in April.
Similarly, the share of low-value deals, as a percentage of the total deal volume, accounted for 61.5 per cent in May, while the share of deals valued more than US$100m stood at 5.1 per cent. No deals valued more than US$1bn were announced in May.
In June, the share of low-value deals further fell down to 54.7 per cent, while the share of deals valued more than US$100m stood at 7 per cent. Two deals valued more than US$1bn were announced during the month.