July sets a record for number of $100M+ venture capital rounds

Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News . More posts by this contributor WeWork is just one facet of SoftBank’s bet on real estate Inside the rise and reign of supergiant venture capital rounds In July 2018, the tech sector’s leisure class — venture capitalists — kicked investments into overdrive, at least when it comes to financing supergiant venture rounds of $100 million or more (in native or as-converted USD values). With  55 deals  accounting for just over $15 billion at time of writing, July likely set an all-time record for the number of huge venture deals struck in a single month. The table below has just the top 10 largest rounds from the month. (A full list of all the supergiant venture rounds can be found here .) It’s certainly a record high for the past decade. Earlier this month, we set out to find  when the current mega-round trend began . We found that, prior to the tail end of 2013, supergiant VC rounds were relatively rare. In a given month between 2007 and the start of the supergiant round era, a $100 million round would be announced every few weeks, on average. And many months had no such deals come across the wires. Of course, that hasn’t been the case recently. Why is this happening? As with most things in entrepreneurial finance, context matters. There are some obvious factors to consider. At the later-stage end of the spectrum,  the market is currently awash in money . Billions of dollars in dry powder is in the offing as venture investors continue to raise new and ever-larger venture funds

Read the original post:
July sets a record for number of $100M+ venture capital rounds

About kanmg

Check Also

Mario Armstrong Holiday Gifts - OtterBox

Mario Armstrong Holiday Gifts – OtterBox

**Sponsored Content** Digital Lifestyle Expert, Mario Armstrong, partnered with OtterBox to share the perfect gift …

Leave a Reply

Your email address will not be published. Required fields are marked *

en_USEnglish