Global startup funding spikes 157% YoY, tops $156 bln
The global startup funding has skyrocketed in recent quarters hitting new historical levels despite the economic effects of the coronavirus pandemic, suggesting the sector has recovered from the health crisis. According to data acquired by finance new platform Finbold (Finance in Bold), the global startup funding spiked 157% year-on-year between 2020 Q2 and 2021 Q2, from $60.7 bln to a record $156.2 bln. During the first half of 2021, the funding stood at $292.4 bln. In the first three months of the year, the funding was at $136.2 bln, a...
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