118 days ago • Posted by Charles-Henry Monchau

Global venture funding hit a new record in the first quarter of 2021, up 94% y/y

According to a new report from Crunchbase, global venture funding hit a new record in Q1: $125 billion. That’s a 50% increase from the prior quarter and a 94% jump over Q1 2020. Approximately two startups joined the Crunchbase Private Unicorn Board per working day in Q1. (A “unicorn” is a private startup that’s valued at $1 billion or more.)

Global Venture dollar volume through Q1 2021
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