Venture Capital Industry Records All-Time-High Deals in 2021: Report

Venture Capital Industry Records All-Time-High Deals in 2021: Report
The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, on April 14, 2021. Coinbase went public on the same day with an IPO valuation of $86 billion. Shannon Stapleton/Reuters
Naveen Athrappully
Updated:

Venture capital fundraising ended 2021 with the biggest numbers ever registered, based on data from a recent report published by industry veterans, at a time when companies across the country emerge out of the pandemic but face an Omicron-tainted recovery.

The best year for Venture Capital (VC) funding saw U.S. companies raise nearly $330 billion, which is almost twice that of $166.6 billion in 2020. “Investment activity (measured in both total dollars invested and total deal count) for seed & angel, early-, and late-stage companies all hit records,” said the Venture Monitor report by data research company Pitchbook, National Venture Capital Association, and human resources firm Insperity.
Naveen Athrappully
Naveen Athrappully
Author
Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
Related Topics