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Monthly Funding Recap: VC Tear Continues With $61B Invested And 53 New Unicorns Born In July 2021



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The furious pace at which venture investment was deployed globally in the first half of 2021 is not slowing down as we move into the third quarter.
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Global funding came in at $61 billion in July 2021 — matching the all-time record set in June 2021, Crunchbase data shows.
“Digitization of entire economies is driving new tech adoption, innovative business models, evolving consumer and enterprise behaviors. The pace of acceleration has actually picked up this year vs last year,” Hans Tung, managing partner at GGV Capital, told Crunchbase News via email. The firm has increased its investing pace year over …

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