Worldwide venture investments soared by 94 per cent in Q1 2021 to all-time high of USD125bn

For the first time in history, global venture investments surpassed USD100 billion in Q1 2021. According to the research data analysed and published by Sijoitusrahastot, worldwide VC funding in Q1 2021 rose by 94 per cent YoY to USD125 billion. During the period, two unicorns on average were created daily, raising the quarterly total to 112. 

Based on a CNBC report citing Ernst & Young, VC funding in the US during the quarter hit USD64 billion. It was the highest quarterly figure on record, and it was equivalent to 43 per cent of total VC funding raised in 2020. 

Late-stage funding dominated the global VC market accounting for 68 per cent of the total. The segment, together with technology growth, soared by 122 per cent to USD85.6 billion. 

Some 79 per cent of the funds went into rounds worth at least USD100 million, up from 63 per cent in Q1 2021. Early-stage funding shot up by 63 per cent YoY to USD35.5 billion. Seed and angel investment held steady at USD4.1 billion while acquisitions rose by 44 per cent YoY to 631 deals worth USD57.1 billion. 

In Europe, total funding rose by 130 per cent YoY from USD9.3 billion to a record USD21.4 billion. Late-stage and technology funding surged 202 per cent to USD14.3 billion. Early-stage funding rose by 62 per cent YoY to USD5.8 billion. There were a record 54 rounds worth at least USD100 million as well as two billion-dollar rounds by Klarna and Cazoo. 

In North America (US & Canada), VC funding shot up by 103 per cent YoY to USD72.7 billion. Late-stage rounds raised USD51 billion, while early-stage funding hit USD19.7 billion. Overall, 194 rounds were valued at USD100 million or higher. For the US alone, 183 deals were worth at least USD100 million, more than half the number posted in the whole of 2020. Cruise, an autonomous car company, raised the highest amount, USD2 billion. Digital convenience store Gopuff was second with USD1.15 billion. 

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