TechTrack Monthly - March 2021

February was another strong month for startup funding with more than 2.1k funding rounds captured by TechTrack. Here's a breakdown of all things big and small in the world of startups & VC:

There were 2,174 deals last month compared to 1,905 in January, an increase ⬆ of 14%
Early stage funding continues to dominate with 1084 deals announced compared to 930 in January, an increase ⬆ of 16%
Expansion stage funding was somewhat slower with 592 deals announced compared to 624 in January, a slight decrease ⬇ of 1.4%
Overall, there have been 4,693 funding rounds so far this year, a drop ⬇ of 36% 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.

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

There were 1,058 acquisitions last month, a slight decrease ⬇ of 1.1% from January
M&A Activity continues to pick up momentum over the last quarter, with 3,942 acquisitions announced over the last 3 months, an increase ⬆ of 107% compared to the previous period
Overall, that brings the total number of Mergers & Acquisitions over the last 12 months to 8,502, a slight decrease ⬇ compared to the preceding 12 months where there were 9,095 acquisitions

England VC Fund - Fund VIII - $465M
Description: With over $1 billion under management, this VC invests at all stages of development, from start-ups to publicly traded companies, and across all life sciences sectors.
Company HQ: London, United Kingdom (UK)
Year Founded: 1973 Employees: 51 - 100
Primary Industries: Biopharma, Biotechnology, Business Intelligence, Chemical, Clinical Trials, Delivery Service, Dental, Diabetes, Genetics, Health Diagnostics, Healthcare IT, Life Science, Medical Device, Pharmaceutical, Therapeutics,
Assets Managed: $970,000,000

U.S. VC/PE Fund - Fund VIII - $800M
Description: The eighth fund from this healthcare-dedicated investment firm which invests across the spectrum of healthcare companies: from private start-ups to large multinational companies.
Company HQ: New York, New York, United States
Year Founded: 1989 Employees: 101 - 250
Primary Industries: 3D Printing, Apps, Artificial Intelligence, Association, Beauty, Big Data, Bioinformatics, Biopharma, Genetics, Health Diagnostics, Healthcare IT, Healthcare Services, mHealth, Nanotechnology, Pharmaceutical, Therapeutics, Wellness, Women's
Assets Managed: $8,629,000,000

U.S. VC Fund - Fund III - $275M
Description: This VC investing broadly in the healthcare and life sciences sector including healthcare IT, devices, biotechnology and diagnostics. Typically Series A or later.
Company HQ: San Francisco, California, United States
Year Founded: 1996 Employees: 11 - 50
Primary Industries: Advanced Materials, Alternative Medicine, Biopharma, Biotechnology, Clinical Trials, Health Diagnostics, Healthcare IT, Home Health Care, Hospital, Life Science, Medical Device, Neuroscience, Pharmaceutical, Therapeutics, Wellness, Wireless, Women's
Assets Managed: $450,000,000

U.S. VC Fund - Fund V - $175M
Description: This firm invests in Seed through Series B. Their focus is on high-growth software & technology companies creating a healthier, smarter and cleaner future.
Company HQ: Durham, North Carolina, United States
Year Founded: 1999 Employees: 11 - 50
Primary Industries: Agriculture and Farming, Battery, Big Data, Business Intelligence, Cloud Computing, Cloud Storage, College Recruiting, Commerce and Shopping, Data and Analytics, Energy, Energy Management, Energy Storage , Mobile, Software, Solar,
Assets Managed: $405,000,000

U.S. VC Fund - Fund I - $61M
Description: This is the inaugural fund from this Texas based VC. They are a network-driven venture capital fund investing in digital industrial innovation in Seed & Series A rounds.
Company HQ: Austin, Texas, United States
Year Founded: 2019 Employees: 1 - 10
PrimaryIndustries: Advanced Materials, Construction, Design, EdTech, Education, Hardware,

Internet, Internet Services, Manufacturing, Real Estate, Robotics, SaaS, Science and Engineering, Software, Training

Assets Managed: $61,000,000

India Seed Fund - Fund IV - $190M
Description: The fourth fund from this early stage investor which has a broad focus across all technology sectors. Invests in Seed through Series A with round sizes of $100K+ across Asia.
Company HQ: Bengaluru, India
Year Founded: 2000 Employees: 51 - 100
Primary Industries: Agriculture and Farming, AgTech, Android, Animation, Application Performance Automotive, B2B, B2C, Banking, Beauty, Big Data, Biotechnology, Blockchain, Consumer Goods, Consumer Lending, Contact Management, Content, Content and Publishing ...and more
Assets Managed: $2,820,000,000