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

Startup funding touches new records amid pandemic

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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