Venture capital funds that closed in the first half of 2020 had raised a total of more than $42.7 billion - "which already surpasses the full-year total for every year of the decade apart from 2016, 2018, and 2019," PitchBook and the National Venture Capital Association (NVCA) said.

VC mega-funds ($500 million+) have been especially prolific in 2020 with 23 closed