TechTrack Monthly - August 2021

Startup funding was down in July, keeping with what we typically see over the summer as investors & VCs take time off. Overall, there were more than 2.4k funding rounds captured by TechTrack.

Here's a breakdown of all things big and small in the world of startups & VC:

There were 2,489 deals last month compared to 2,964 in June, a decrease ⬇ of 16%
Early stage funding fell with 837 deals announced in July compared to 968 in June, a decrease ⬇ of 13.5%
Expansion stage funding was down in July with 553 deals announced compared to 667 in June, a decrease ⬇ of 17.1%
Overall, deals in July were down ⬇ nearly 19.2% compared to the same period last year. This drop in deal activity indicates that we have not fully recovered from the economic effects of the pandemic and perhaps the emergence of variants has made investors somewhat more cautious.

July was a strong month for M&A deals with more than 1,200 acquisitions captured by TechTrack. Here's a summary of Mergers & Acquisitions activity:

There were 1,233 acquisitions last month, an increase ⬆ of 3.5% from June
M&A Activity remains strong in 2021 with 3,594 acquisitions announced in the last three months, an increase ⬆ of 123% compared to the same time last year
Overall, that brings the total number of Mergers & Acquisitions over the last 12 months to 12,529, an increase ⬆ of 55% compared to the preceding 12 months where there were 8,072 acquisitions

US VC Fund - Fund III - $130M
Description: This investment fund is focused on early stage industrial and life science technology companies with the potential to transform their industry.
Company HQ: Washington, District Of Columbia, United States
Year Founded: 2014 Employees: 51 - 100
Primary Industries: Advanced Materials, Biofuel, Biotechnology, Building Material, Consumer Electronics, Hardware, Health Care, Health Diagnostics, Information Technology, Life Science, Science and Engineering, Software, Therapeutics

Assets Managed: $448,400,000

US MicroVC Fund - Fund VII - $40M
Description: This firm invests in fast growing healthcare companies that are optimizing processes in the industry while improving the quality of care and patient experience.
Company HQ: Brentwood, Tennessee, United States
Year Founded: 1996 Employees: 1-10
Primary Industries: Biotechnology,Clinical Trials, Dental, Enterprise IT, Enterprise Software, Health Care, Health Diagnostics,Life Science,Medical Device, Mobile , Pharmaceutical , SaaS, Software , Therapeutics
Assets Managed: $153,000,000

Italy VC Fund - Fund II - €150M
Description: This Italian VC fund invests in innovative biotechnology and medical technology companies throughout Europe.
Company HQ: Milano, Italy
Year Founded: 2015 Employees: 11 - 50
Industries: Biopharma , Biotechnology , Food and Beverage , Health Care , Health Diagnostics , Healthcare IT, Healthcare Services, Information Technology, Medical Device, Pharmaceutical, Robotics, Science and Engineering, Service Industry, Therapeutics
Assets Managed: €250,000,000

UK VC Fund - Fund III - £275M
Description: This VC fund invests in disruptive companies with a digital focus within the retail and consumer sectors.
Company HQ: London, United Kingdom (UK)
Year Founded: 2013 Employees: 11 - 50
Industries: Artificial Intelligence, Consumer Goods, Data Visualization, Enterprise IT, Enterprise Software, Health Care, Information Technology, Manufacturing , Media and Entertainment, Payments, Personal Health, Retail, SaaS, Wellness
Assets Managed: £282,000,000