Tech

PitchBook: US startups raised $69B in Q1 2021, up 41% from the previous record in Q4 2018, as the average late stage valuation tripled to $1.6B from last year (Heather Somerville/Wall Street Journal)


Heather Somerville / Wall Street Journal:

PitchBook: US startups raised $69B in Q1 2021, up 41% from the previous record in Q4 2018, as the average late stage valuation tripled to $1.6B from last year  —  Chase for next big social-media app drives funding frenzy  —  Years into a boom for venture capital fueled by low interest rates …

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