Coronavirus Health India city Shotventure reports 2020 pandemic Coronavirus Health India city Shotventure

Startup funding touches new records amid pandemic

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startups, characterized by mass layoffs as the pandemic took hold, has turned into a record venture capital funding haul.Despite the economic tumult wrought by the coronavirus, startup investing in the U.S.

reached a record high of $130 billion in 2020, according to a new Money Tree report from PricewaterhouseCoopers/CB Insights.

Companies like Instacart Inc. and Stripe Inc. helped drive the surge by raising hundreds of millions apiece, even though the total number of funding rounds was lower than in 2019.

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