**Short answer: there is no reliable growth or shrinking trend, and five months can't show seasonality.** The only time axis is the month of announcement, January to May 2022, one table per month. The `Founded` column is the company's founding year, not a trend axis. **Number of rounds: flat, then a drop in May** - Rounds announced were 115 in January, 96 in February, 98 in March and 95 in April, so they eased slightly and then held steady. - May has only 42 rows. The dataset notes say May has misaligned or blank rows, and only 21 of its rounds have a parseable amount. That looks like an incomplete or messy extract rather than a real collapse in activity, so I wouldn't read it as "shrinking." **Total disclosed funding: unstable, not a trend** - Totals were about $4.10B in January, $3.49B in February and $2.85B in March, a gentle decline. - April jumps to about $45.3B, roughly 10 times any other month. - The April amounts are in inconsistent text formats, such as `$624.800,000`, `$221.5`, `$23` and `76,000,000`. A handful of billion-dollar rounds also dominate the month, including $5B, $2.5B, $1.7B and three at $1.2B. The April total is therefore driven by a few large or mis-parsed values and shouldn't be taken as real growth. - May is only about $305M, and the incomplete data makes that figure unreliable too. **Typical round size: a possible rise through April** - The median round was $5.45M in January, $6M in February, $11M in March and $30M in April, then $5.5M in May. - This is the one steady upward signal, which suggests larger deals through April. Because the April amounts are messy and May is incomplete, treat it as tentative. **Overall:** deal volume was roughly flat from January to April, and the dollar figures are too noisy to call a direction. With only five months, and the last one apparently partial, there is no evidence either way on seasonality.