The number of corporate-backed deals in February was 131, noticeably down from the 174 funding rounds in the same month last year. Investment value, however, increased significantly – up from $5bn in February 2017.
The deal count in February declined from the previous month (191 rounds). Total capital invested in corporate-backed rounds in February also went down from $12.84bn in January, a 30% drop.
As usual, the number of corporate-backed deals was greatest…