Monthly Recap January 2021: VC Funding, Just Shy Of $40B, Hits All-Time High And Produces A Record Number Of New Unicorns
January’s funding total topped the previous monthly high of the last two years; July 2020 at $38.5 billion. A larger proportion of dollars in these funding spikes was also invested in late-stage venture capital — around 69 percent — with the lion’s share of capital going to Series C+ and private-equity rounds in venture-backed companies. Sectors which grew in January include delivery, robotics, logistics, automotive, fintech, and cloud computing. Travel is not one of them.