TLDR
- The venture capital market is expected to improve in 2024 after recent disruptions caused by aggressive interest rate hikes.
- In 2021, the US venture capital industry experienced a surge in investment, with over 17,000 deals and nearly $330 billion in funding.
As conditions became more favorable for high-risk investments, several record-breaking venture capital funding rounds took place in 2021.
Here are five of the biggest Series A funding rounds in history:
#5. Transmit Security: Raised $543 million in Series A funding in 2021 to expand operations globally and eliminate the need for passwords.
#4. MoonPay: Secured $555 million in Series A funding in 2021 to help people buy cryptocurrencies with traditional fiat currencies.
#3. Perch: Raised $775 million in Series A funding in 2021 to acquire and operate Amazon third-party and other direct-to-consumer brands.
#2. Sierra Space: Received $1.4 billion in Series A funding in 2021 to support ambitious projects, including the development of the Dream Chaser spacecraft.
#1. Articulate Global: Raised $1.5 billion in Series A funding in 2021 to enhance online workplace training tools and expand internationally.
These companies represent innovation in sectors that have seen significant growth due to the shift to digital lifestyles caused by the COVID-19 pandemic.
