TechTrack Monthly

April was another strong month for startup funding with more than 2.3k funding rounds captured by TechTrack. Here's a breakdown of all things big and small in the world of startups & VC:

There were 2,376 deals last month compared to 2,374 in March, a marginal increase ⬆ of less than 0.1%
Early stage funding remained strong with 1,140 deals announced compared to 1,093 in March, an increase ⬆ of 4.3%
Expansion stage funding continued to pick up momentum in April with 712 deals announced compared to 630 in March, a significant increase ⬆ of 13%
Overall, there have been 9,443 funding rounds so far this year, a drop ⬇ of 27% compared to the same time last year. While this may seem troublesome to some, there are encouraging tailwinds going forward. Funding rounds were only down 11% in April compared to the same time last year. If this trend continues, deal activity will soon be at pre-pandemic levels by Q3.

April was a slower month for M&A deals with more than 1.1k acquisitions captured by TechTrack. Here's a summary of Mergers & Acquisitions activity:

There were 1,064 acquisitions last month, a drop ⬇ of 21% from March
M&A Activity remains strong compared to 2020, with 3,532 acquisitions announced in the last 3 months, an increase ⬆ of 87% compared to the same time last year
Overall, that brings the total number of Mergers & Acquisitions over the last 12 months to 10,034, an increase ⬆ of 13% compared to the preceding 12 months where there were 9,208 acquisitions

US VC Fund - Fund VIII - $560M
Description: With offices throughout Canada, the US and Europe, this healthcare VC invests all stages of company development focusing on the discovery and development of novel therapeutics.
Company HQ: Menlo Park, California, United States
Year Founded: 1999 Employees: 51 - 100
Primary Industries: Biopharma, Biotechnology, Clinical Trials, Health Care, Health Diagnostics, Life Science, Manufacturing, Marketing, Medical, Medical Device, Pharmaceutical, Science and Engineering, Therapeutics
Assets Managed: $3,250,000,000

European VC Fund - Fund IV - €45M
Description: The fourth fund from this early stage Dutch investor focuses on renewable chemistry, health and agrifood. They have a regional focus on the Netherlands and Europe.
Company HQ: Geleen, Netherlands
Year Founded: 2004 Employees: 1-10
Primary Industries: Alternative Medicine, Biotechnology, Chemical Engineering, Commerce and Shopping, E-Commerce, Health Care, Medical, Science and Engineering, Therapeutics, Health Diagnostics, Life Science
Assets Managed: €120,000,000

Singapore Seed Fund - Fund I - $10M
Description: This early stage VC invests in global healthcare technology companies that address prevention, disease management and health system efficiency.
Company HQ: Singapore, Singapore
Year Founded: 2018 Employees: 2 - 10
Primary Industries: Analytics, Apps, Artificial Intelligence, B2B, Biotechnology, Health Care, Healthcare IT, Science and Engineering, Software, Hospital, Supply Chain Management, Sustainability, Health Diagnostics, Life Science
Assets Managed: $10,000,000

US Seed Fund - Fund I - $200M
Description: The first dedicated seed fund from this VC offers founders the focus and community of a dedicated seed fund, with the resources, network, and reach of a multi-stage global firm.
Company HQ: San Francisco, California, United States
Year Founded: 1996 Employees: 51 - 100
Primary Industries: Agriculture, Agriculture and Farming, Analytics, Apps, Artificial Intelligence, Battery, Big Data, Data Integration, Data Mining, Data Storage,Database, Dating, Web Design, Wind Energy, Wireless, Transportation, Publishing, Q&A, Reading Apps...
Assets Managed: $8,765,058,500

U.S. VC Fund - Fund II - $165M
Description: This early stage fund focuses on artificial intelligence and its practical application. It invests in Seed and Series A rounds, writing checks typically between $1 million and $3 million
Company HQ: Menlo Park, California, United States
Year Founded: 2017 Employees: 11 - 50
Primary Industries: Administrative Services, Advertising, Artificial Intelligence, Information Services, Information Technology, Internet of Things, Internet Services, Last Mile Transportation, Legal, Logistics, Machine Learning,Telecommunications, Mobile...

Assets Managed: $301,000,000

Egyptian VC Fund - Fund II - $90M
Description: This fund focuses on Series A and Series B rounds in the MENA region. They seek high-growth companies, led by passionate and capable teams.
Company HQ: Cairo, Egypt
Year Founded: 2015 Employees: 11 - 50
Primary Industries: Administrative Services, Apps, Clothing and Apparel, Commerce and Shopping, E-Commerce, Ediscovery, EdTech, Education, E-Learning, Events, Fashion, Financial Services, FinTech, Guides, Leisure, Logistics, Loyalty Programs, Marketplace...
Assets Managed:$130,000,000