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November 01, 2020 | Tom Ballard

PitchBook reports first financings continue to decline in Q3

PitchBook reports that first-time equity investments in start-ups continued a downward trajectory this year.

In its latest analysis of data, PitchBook notes that first financings represented just 5.5 percent of investments in Q3, a slight dip from Q2 when the number was 5.7 percent of total venture investments.

There is good news in the number. Follow-on financings have crossed the $30 billion mark in every quarter this year. Click here for more information.

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