November Smashes Another Record As Financial Services Leads In New Unicorn Creation (Crunchbase News 12/8/21)
Money flows into tech sector private companies keeps on growing. “Smart money” venture capital firms keep driving the trends, demonstrating confidence in the tech opportunities, including financial services. This in turn is driving the creation of more and more “Unicorns” (private companies with valuations of $1B+).
The article mentions “Global funding in 2021 has topped $580 billion as of the end of November, compared to $335 billion in funding for 2020. Last month was also the third month this year to peak at over $60 billion.”
Highlights as of November:
- Money invested? Global total in 2021 up 73% to $580 billion
- Strongest sector? Financial services had the most new Unicorns
- Unicorns created ($1B+ private market value)? 48 in November
Full story and charts here: Monthly Funding Recap: November Smashes Another Record As Financial Services Leads In New Unicorn Creation | Crunchbase
We are excited by the Fintech growth opportunities for Beanstox, although also mindful that for every Fintech success story, many others are less successful.
Reminder: Deadline to invest in the Beanstox crowdfunding is approaching.
Get more info here: Beanstox | StartEngine
This content was originally published in the Updates feed of the Beanstox crowdfunding campaign on StartEngine.
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