Mon, Dec 5, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The US dominates the list of global top five VC funded companies in 2021

Wednesday, April 06, 2022

Laxman Pai, Opalesque Asia:

With three US-based companies-Cruise, Robinhood, and Databricks-collectively attracting $12.8 billion worth of venture capital (VC) funding, the USA dominated the list of the global top five VC-funded companies in 2021, said a study.

According to a report by GlobalData, advancements in emerging technologies have boosted global VC investors' confidence in US-based companies.

Autonomous vehicles, fintech, electric batteries, e-commerce, and artificial intelligence (AI) found the most favor with VC investors in 2021, the report said.

"The US, which has several companies working in such emerging areas, managed to dominate the list of top five VC funded companies during the year. The list also featured one company each from China and India," said Aurojyoti Bose, Lead Analyst at GlobalData.

US-based autonomous vehicles firm Cruise raised the highest amount of VC funding during 2021 among all of the companies on the list with $6.5 billion.

The cruise was followed by fintech firm Robinhood, which raised $3.7 billion, and AI firm Databricks, which raised $2.6 billion.

Other companies on the list of top five VC-funded companies in 2021 included China-based electric batteries manufacturer Honeycomb Energy and Indian e-commerce company Flipkart Internet, which recorded disclosed funding values of $3.7 billion and $3.6 billion, respectively.

......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Marks delves into what really matters[more]

    B. G., Opalesque Geneva: Howard Marks, co-founder and co-chairman of Oaktree Capital Management, weighs what should and should not matter for investors in his latest memo last week. Among the things t

  2. Legal: British fund manager Jeremy Leach and his firms settle fraud litigation for $11.5m, DOL slams lawsuit seeking to overturn crypto guidance[more]

    British fund manager Jeremy Leach and his firms settle fraud litigation for $11.5m From Offshore Alert: Four days before a trial was due to start in the Cayman Islands, British fund manager Jeremy Leach and eight of his firms settled a fraud complaint by agreeing to pay $11.5 million o

  3. Family offices upbeat on private assets, reduce public assets exposure[more]

    Laxman Pai, Opalesque Asia: Family offices are investing more in private assets and cutting back on investments in public markets, with higher risk-adjusted returns cited as the main driver, said a study. According to the survey findings by German digital private equity firm Moonfare, and the

  4. Opalesque Exclusive: A Swiss managed futures strategy that can offer diversification to any portfolio[more]

    B. G., Opalesque Geneva for New Managers: TARO (R) Diversified is a Swiss algorithmic and systematic investment strategy that offers diversification benefits to almost any professionally managed portfolio through it

  5. Alts manager Medalist Partners acquires a minority stake in Semper Capital to tap opportunities in structured credit[more]

    Laxman Pai, Opalesque Asia: Medalist Partners, which specializes in private credit, has acquired a minority stake in Semper Capital to extend its offerings to the mass market. Medalist currently manages approximately $2.2 billion in assets across strategies in asset-based private credit, struc