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Latest issue of Venture Monitor highlights record-breaking year for venture capital

“If the second half of 2021 is anything like the first, there will be few notable records left in VC (venture capital) that weren’t broken by this year’s hypersonic pace of investing, fundraising, and public listings,” according to this summary from Pitchbook on its assessment of activity through the first half of 2021.

The latest PitchBook-NVCA Venture Monitor, a partnership with Silicon Valley Bank, highlights these key points:

  • Venture-backed companies have attracted $150 billion in 2021, more than 90 percent of last year’s record total. Mega-deals of $100 million or more have already hit a new high-water mark.
  • Firm-level fundraising is also taking off, with investors closing funds worth $74.1 billion, about 91.5 percent of 2020’s record-breaking amount.
  • Initial Public Offerings and Special Purpose Acquisition Companies helped to drive the exit value of venture-backed companies to $372.2 billion in the first half of 2021. That was 30 percent higher than 2020’s all-time record.
  • Nontraditional investors, in particular private equity firms and hedge funds, are making their presence felt more than ever. With them comes deal competition, capital galore, and high expectations for growth.

Click here for a link to download the report.

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