In 2019, the number of companies funded by private equity and venture capital (PE/VC) funds increased for the third consecutive year. That confirmed the trend of growing activity of local funds and their investment appetite in the CEE region. Fundraising activities generated almost EUR 100 million and compared to the record year 2018, the volume of divestments decreased by more than half, to EUR 80 million. This follows from CVCA 2019 Private Equity Report prepared jointly by Deloitte and Czech Private Equity & Venture Capital Association (CVCA). Although the Covid-19 pandemic thwarted optimistic expectations for 2020, the investment activities of Czech funds continue, albeit carefully, even at present.