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In the venture capital market, big is in. Firms are raising significant sums to finance a growing number of large startup funding rounds.
In July, there were 55 venture rounds, worldwide, which topped out at $100 million or more, totaling just over $15 billion raised in nine and 10-figure mega-rounds alone. This set a record for venture dealmaking.
We’ve already identified approximately when the uptick in huge VC rounds began: toward the tail end of 2013. But where in the world are all the companies raising these supergiant venture capital rounds?
In response to coverage of July’s record-breaking numbers, many commenters were quick to point out that startups based in China raised six of the top 10 largest rounds from last month.
Read full article » https://techcrunch.com/2018/08/11/supergiant-vc-rounds-arent-just-raised-in-china/
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