TechTrack Monthly - April 2021

March 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 2,374 deals last month compared to 2,174 in February, an increase ⬆ of 8.2%
Early stage funding remained robust with 1,093 deals announced compared to 1084 in February, an increase ⬆ of 0.8%
Expansion stage funding picked up in March with 630 deals announced compared to 592 in February, an increase ⬆ of 6.4%
Overall, there have been 7,067 funding rounds so far this year, a drop ⬇ of 31% compared to the same time last year. This is almost entirely attributable to the effects of the ongoing pandemic and subsequent purse tightening in the venture & private equity space.

March was a great month for M&A deals with more than 1.3k acquisitions captured by TechTrack. Here's a summary of Mergers & Acquisitions activity:

There were 1,324 acquisitions last month, a significant increase ⬆ of 25% from February
M&A Activity continues to pick up momentum over the last quarter, with 3,615 acquisitions announced over the last 3 months, an increase ⬆ of 48.5% compared to the previous period
Overall, that brings the total number of Mergers & Acquisitions over the last 12 months to 9,301, a slight increase ⬆ compared to the preceding 12 months where there were 9,208 acquisitions

US VC Fund - Fund V - $275M
Description: This MidWest VC identifies, finds, and actively incubates promising life science companies in the medical device and biopharmaceutical industries.
Company HQ: St Louis, Missouri, United States
Year Founded: 2000 Employees: 11 - 50
Primary Industries: Biopharma, Biotechnology, Clinical Trials, Consumer Electronics, Health Care, Health Diagnostics, Life Science, Manufacturing, Marketing, Medical, Medical Device, Pharmaceutical, Sales and Marketing, Science and Engineering, Therapeutics
Assets Managed: $629,600,000

U.S. Family Office - Fund II - $350M
Description: The second fund from this one of Europe's most successful biotech entrepreneurs is focused on early stage investment opportunities in the software, frontier tech & biotech space.
Company HQ: Hollywood, California, United States
Year Founded: 2019 Employees: 1-10
Primary Industries: Software, Artificial Intelligence, Apps, Big Data, Bioinformatics, Biopharma, Genetics, Health Diagnostics, Healthcare IT, Healthcare Services, mHealth, Nanotechnology, Pharmaceutical, Therapeutics, Wellness,
Assets Managed: $430,000,000

India - Seed Fund - Fund III - $3.3B
Description: This early stage VC invests in technologies and product innovations in agriculture, healthcare, education and other areas with the potential to create large-scale impact.
Company HQ: Mumbai, India
Year Founded: 2011 Employees: 11 - 50
Primary Industries: Agriculture, Agriculture and Farming, AgTech, Analytics, Apps, Artificial Intelligence, B2B, Biotechnology, Chemical, Commerce and Shopping, Health Care , Hospital, Supply Chain Management, Sustainability, Training, Transportation
Assets Managed: $5,720,000,000

Dutch Corporate VC Fund - Fund I - $25M
Description: With offices in Europe and US, the firm seeks to make equity minority investments in early-stage energy & cleantech companies and help them scale bigger, sooner and safer.
Company HQ: Eindhoven, Netherlands
Year Founded: 2010 Employees: 251 - 500
Primary Industries: Agriculture, Agriculture and Farming, Analytics, Apps, Artificial Intelligence, Battery, Big Data, Chemical, Clean Energy, CleanTech, Industrial Manufacturing, Waste Management, Water, Web Design, Wind Energy, Wireless
Assets Managed: $405,000,000

U.S. Seed Fund - Fund II - $100M
Description: This early stage fund invests in the best entrepreneurs in the Pacific Northwest to turn the best ideas into fully-funded companies with rapid customer adoption.
Company HQ: Seattle, Washington, United States
Year Founded: 2015 Employees: 11 - 50
Primary Industries: Administrative Services, Advertising, Artificial Intelligence, Brand Marketing, Business Intelligence, Commerce and Shopping, Consumer Lending, Content and Publishing, E-Commerce, Education, Software Engineering, Staffing Agency, Training

Assets Managed: $180,000,000

US VC Fund - Fund I - $300M
Description: The first fund from this early stage investor which has a broad focus across all technology sectors. Invests in Seed through Series A in companies based in the US SouthEast.
Company HQ: Atlanta, Georgia, United States
Year Founded: 2020 Employees: 11 - 50
Primary Industries: Business Intelligence, Cyber Security, E-Commerce, Financial Services, Network Security, Payments, Retail, Software, Artificial Intelligence, Brand Marketing, Business Intelligence, Commerce and Shopping
Assets Managed: $300,000,000