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COVID-19 impacts global VC funding with high-value deals remaining mostly non-existent, says GlobalData

Global venture capital (VC) investment activity showcased a declining trend (for deals with disclosed funding value) during the COVID-19 hit first quarter (Q1) of 2020 with high-value deals remaining mostly non-existent and low-value deals equal to or less than US$10m continuing to account for the majority of the VC investment volume during the quarter, according to GlobalData, a leading data and analytics company.