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startups venture capital

U.S. VC Investments Reach $330 Billion in 2021, Doubling Previous Record

By
Berber Jin
· · Source: The Information

U.S. venture capital investments reached $330 billion last year, almost doubling the previous record of $167 billion set in 2020, according to data firm PitchBook. The increase was driven by record low interest rates, which drove investors looking for yield into the private markets, and a surge in software demand from all sorts of businesses thanks to the pandemic. Cash-rich nontraditional...

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