Venture capital starts 2021 with a bang after record Q4: Goldman

Venture capital funding globally has more than doubled to $50.5 billion so far this year after a record fourth quarter as investors searching for the "Next Big Thing" poured money into promising healthcare and tech businesses, Goldman Sachs said.
 

The 130% surge in year-to-date funding was led by Robinhood, Cruise Automation, Lalamove, Didi Cargo and Databricks, which cumulatively have raised over $9.4 billion, data from the US investment bank showed on Tuesday.

Online broker Robinhood alone raised over $1 billion of fresh capital from existing shareholders last month, having been strained by high volumes of trading.
 

"The story of Venture Capital