Analysis by data and analytics company GlobalData of the investment activity of the top 10 global venture capital (VC) companies in 2017, reveals that collectively they invested more money on fewer deals when compared to the average numbers for 2013-2016.
Naveen Kalluri, Financial Deals Analyst at GloblalData says: “The drop in investment volumes and increase in investment values suggests that these investors are placing bigger bets on fewer companies that are maturing.”
Of the top 10 global venture capital investors analysed by GlobalData, eight companies increased their proportionate investment value, with all but one of these companies reducing the number of investments made, indicating a more selective approach over the year.
Matrix Partners actually increased the number of investments it made during 2017.
Kalluri, adds: ‘‘This reflects the company’s focus on China, a country that is experiencing significant venture funding activity at this time.’’