Finance Watch: Seed/Series A Financings Benefit As Big Crossover Rounds Slow
SVB Report Notes Investor Shift Due To IPO Performance
Executive Summary
Silicon Valley Bank data show a pullback in crossover financings but an increase in seed and series A venture capital rounds. In recent private company financings, CRO Novotech raised $760m. In public company financings, Eleusis will merge with a SPAC and the Bausch + Lomb IPO is on file with the SEC.
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