Read Full Report: https://www.pwc.com/us/en/moneytree-report/moneytree-report-q4-2018.pdf
Amid falling deal activity, US companies still raised a record-number of mega-rounds in 2018, with 184 $100M+ funding rounds. There was also a record number of new unicorns this year as 53 US VC-backed companies saw their valuation rise to over $1B.
NORTH AMERICA SURPASSES ASIA FOR MOST NEW UNICORNS FOR THE SECOND STRAIGHT QUARTER
North America saw a record number of private companies hit $1B valuations in Q4’18, at 21 companies.