TechTrack Monthly - February 2022

Startup funding in January was down compared to the previous month, reflecting a slow start to the new year. Overall, there were more than 3.3k funding rounds captured by TechTrack. Here's a breakdown of all things big and small in the world of startups & VC:

There were 3,357 deals in January compared to 3,571 in December, a decrease ⬇ of 6%.
Early stage funding was down in January with 1,264 deals announced compared to 1,425 in December, a decrease ⬇ of 11%.
Expansion stage funding was down in January with 972 deals announced compared to 1,155 in December, a decrease ⬇ of 16%.
Overall, deals in January were down ⬇ 30% compared to the same period last year, while the average deal size increased ⬆ 60%. As a percentage of total deals, pre-seed rounds fell by almost 50% while debt financing and later stage rounds have all increased.

M&A deals were higher in January, with more than 1,400 acquisitions captured by TechTrack. Here's a summary of Mergers & Acquisitions activity:

There were 1,411 acquisitions in January, an increase ⬆ of 3% from last month.
M&A activity remains strong with 4,121 acquisitions announced in the last three months, an increase ⬆ of 25% compared to the same period last year.
Overall, that brings the total number of Mergers & Acquisitions over the last 12 months to 15,446, an increase ⬆ of 71% compared to the preceding 12 months where there were 9,036 acquisitions.

US VC Fund - Fund III - $100M
Description: This Corporate VC fund's strategy is to link investments to key priorities of improved patient care, outcomes, and greater operational efficiency.
Company HQ: Peoria, Illinois, United States
Year Founded: 2015 Employees: 1 - 10
Primary Industries: Analytics, Bioinformatics, Biotechnology, E-Learning, Fitness, Health Care, Health Diagnostics, Life Science, Medical Device, mHealth, Mobile Apps, Outpatient Care, Pharmaceutical, Predictive Analytics, Wellness

Assets Managed: $175,000,000

US VC Fund - Fund III - $557M
Description: This VC fund invests in companies working on breakthrough technologies in a variety of industries including healthcare.
Company HQ: Menlo Park , California, United States
Year Founded: 2004 Employees: 51-100
Primary Industries: Agriculture, Artificial Intelligence, Biopharma, Biotechnology, EdTech, Food and Beverage, Health Care, Health Insurance, Healthcare IT, Life Science, Medical Device, mHealth, Personal Health, Science and Engineering, Software, Therapeutics
Assets Managed: $1,500,000,000

US VC Fund - Fund II - $146M
Description: This VC fund is the global leader in the alternative protein sector, investing in innovative plant-based and cultivated replacements to animal products.
Company HQ: New York, New York, United States
Year Founded: 2016 Employees: 11 - 50
Industries: Biotechnology , Consumer Goods , Cooking, Food and Beverage , Food Processing, Life Science, Machinery Manufacturing, Manufacturing, Nanotechnology, Organic Food, Science and Engineering, Seafood
Assets Managed: $146,000,000

US VC Fund - Fund V - $640M
Description: This VC fund invests education technology companies including early childhood, K-12, higher education, and career mobility/professional learning.
Company HQ: Menlo Park, California, United States
Year Founded: 2014 Employees: 11 - 50
Industries: Analytics , Artificial Intelligence , Apps, EdTech, Education, E-Learning, Employment, Higher Education, Human Resources, Language Learning , Meeting Software, Professional Services, Recruiting, Skill Assessment , Training

Assets Managed: $2,200,000,000

UK VC Fund - Fund III - $432M
Description: This generalist VC fund is focused on Series A investments throughout Europe, with one-third of their latest fund earmarked for cryptocurrency startups.
Company HQ: London, United Kingdom (UK)
Year Founded: 2018 Employees: 11 - 50
Industries: B2B, Brand Marketing, Blockchain , Content and Publishing, Cryptocurrency, Cyber Security, Enterprise IT, FinTech , Marketplace , Media and Entertainment , Payments , Peer to Peer, Retail Technology, SaaS, Telecommunications, Video Streaming

Assets Managed: $270,000,000

US VC Fund - Fund III - $567M
Description: This US VC fund focuses on growth stage, B2B/enterprise software companies that serve the full spectrum of buyers from small businesses to large enterprises.
Company HQ: Burlingame, California, United States
Year Founded: 2015 Employees: 11 - 50
Industries: Administrative Services, Analytics, Big Data, Commerce and Shopping, Developer Tools, Enterprise IT, Enterprise Software, Financial Services, Human Resources, Machine Learning, Marketplace, Productivity Tools, SaaS, Web Development
Assets Managed: $982,000,000