PIPE transactions continue to be a popular capital raising approach for companies.  Through July 31, 2020, companies have raised over $47.2 billion in 779 PIPE transactions.  Healthcare and life sciences companies raised almost $11 billion in PIPE transactions.  Technology and industrials companies also raised significant amounts of capital, totaling $10.1 billion and $9.2 billion, respectively.

Below is a comparison of the number of PIPE transactions and offering proceeds raised in PIPE transactions from March-July, 2020, 2019 and 2018, which demonstrate increased reliance on PIPE transactions month-over-month.

Data source: PrivateRaise
*YTD through July 31, 2020