{"id":748797,"date":"2022-01-14T01:29:52","date_gmt":"2022-01-14T01:29:52","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/01\/14\/venture-capitalists-broke-record-in-tech-startup-investments-last-year\/"},"modified":"2022-01-14T01:29:52","modified_gmt":"2022-01-14T01:29:52","slug":"venture-capitalists-broke-record-in-tech-startup-investments-last-year","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/01\/14\/venture-capitalists-broke-record-in-tech-startup-investments-last-year\/","title":{"rendered":"Venture capitalists broke record in tech startup investments last year"},"content":{"rendered":"

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\n \"Venture\n<\/div>\n

London set an all-time record of $25.5 billion from venture capital investment last year. Photo courtesy of London & Partners<\/p>\n

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Jan. 13 (UPI) —<\/span> London & Partners said Thursday that venture capitalists broke an all-time record in global investment in technology startups last year.<\/p>\n

The venture capitalists invested an unprecedented $675 billion in startups worldwide in 2021, the British promotional agency London & Partners announced.\n<\/p>\n<\/article>\n

A global data platform for startups, Dealroom.com, confirmed the same number in a report.<\/p>\n

The $675 billion raised globally was double 2020’s previous all-time high, according to the report.\n<\/p>\n

Britain’s startups raised a record $39.8 billion from VC investment in 2021, ranking fourth globally behind the United States ($328.8 billion), China ($61.8 billion) and India ($44.6 billion).<\/p>\n

London has yet to produce any tech firms as large as U.S. firms such as Alphabet, Apple, Amazon, Meta or Microsoft or Chinese firms Alibaba and Tencent, CNBC reported.<\/p>\n

Some 133 start-ups in the San Francisco Bay area reached a $1 billion valuation, which are referred to as unicorns, according to CNBC, the largest number, followed by New York (69), Greater Boston (21), London (20), Bengaluru (16) and Berlin (15).\n<\/p>\n

London alone raised an all-time record $25.5 billion from VC investment last year, which was up more than double the prior year’s investment of $11.2 billion, the analysis shows.\n<\/p>\n

Along with ranking fourth for 20 new unicorns, London ranks fourth globally for VC investment, after the San Francisco Bay Area ($100.9 billion), New York ($47.5 billion) and Greater Boston region ($29.9 billion), according to Dealroom.com.<\/p>\n

Sixty percent of funding of London’s tech sector came from megarounds, which are investment rounds of $100 million or more, and 39% of all capital came from the United States, more than any other region and up from 30% in 2020.\n<\/p>\n

The megarounds surged to 64 in London last year, up from 19 in 2020 and 18 in 2019.<\/p>\n

Among the largest funding rounds involving London companies in 2021, were financial technology app Revolut’s $800 million series E round, rival Monzo’s $600 million across two deals, clean energy tech startup Octopus Energy’s $900 million across two funding rounds, and online events platform Hopin’s $850 million across two deals.<\/p>\n

“Through 2021, we saw the UK’s brightest scaleups not only accelerating our nation’s post-pandemic recovery but tackling important global challenges — including funding of more than \u00a31.5 billion ($2 billion USD) to help the UK reach Net Zero by 2050 or earlier,” Tech Nation Founding CEO Gerard Greh said in a statement. “In 2022, we must ensure London continues to cement itself as a global powerhouse for technology innovation and be the beating heart of the UK’s network of digital excellence, with multiple tech hubs and scale-ups across the country, from Bristol to Edinburgh.”\n<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

London set an all-time record of $25.5 billion from venture capital investment last year. Photo courtesy of London & Partners Jan. 13 (UPI) — London & Partners said Thursday that venture capitalists broke an all-time record in global investment in technology startups last year. The venture capitalists invested an unprecedented $675 billion in startups worldwide […]<\/p>\n","protected":false},"author":1,"featured_media":748798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[],"class_list":["post-748797","post","type-post","status-publish","format-standard","has-post-thumbnail","category-world"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/748797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=748797"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/748797\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=748797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=748797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=748797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}