Startups Weekly: 2019 VC spending may eclipse 2018 record

TechCrunch | 7/6/2019 | Staff
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Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups & venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I struggled to understand WeWork’s growth trajectory. Before that, I noted some thoughts on scooter companies’ struggle to raise new cash.

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VCs - US - Startups - Investors - Pace

So far in 2019, VCs have invested $62 billion in U.S. startups. This puts investors on pace to dole out more than $120 billion this year, surpassing last year’s all-time high of $117 billion.

Around the world, VCs have invested a total of $104 billion in 2019. Last year, investment soared to $251 billion. We’re unlikely to observe a global record of VC investment this year.

News - Companies - Women - Record - %

Here’s the best news of all: Companies founded solely by women have secured a record 3% of the total capital invested in VC-backed startups in the U.S. this year: “Capital invested crossed the $1 billion mark for female-founded startups in 1Q 2019—the highest ever for any quarter to date. And out of roughly 300 VC deals for companies led solely by women, four of those businesses have reached unicorn status so far this year. That number includes online luxury reseller The...
(Excerpt) Read more at: TechCrunch
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