As per research from Yostartups team here is the 2018 Week 42 Startup Funding Update. In the last week, 226 deals were signed to raise $7.1 billion. In addition, another 93 deals were signed whose investment amount was not disclosed. Overall this marks a 1.27% increase in the number of deals and 13.9% increase in the investment amount raised, compared to week 41.
In 2018 Week 42 Startup Funding Update, seed funding has increased both, in terms of both the number of deals and investment amount. The number of Seed stage funding deals went up by 31.33%, and the investment amount has doubled, compared to week 41 Venture funding saw a minor increase of 5% in the number of deals but had similar figures of investment amount raised, as the previous week.
In the 2018 Week 42 Startup Funding Update, as per research from Yostartups team, Transportation & Logistics, E-Commerce, FinTech, Health & Wellness, and Media & Entertainment sectors, dominate the number of deals and investment money raised. Even if the Uber funding is not considered, other startups in these sectors raised $3.74 billion which accounts for 52.43% of the total investments raised during the week. These investments were raised over 106 deals, with another 48 deals whose investment amount was not disclosed.
Transportation and Logistics dominated the significant investments during the week. Uber raised $2 billion in Debt funding. The deals were overseen by Goldman Sachs, with the investors not being disclosed. Careem raised $200 million in Series F funding from Kingdom Holding Company, while Loggi – a logistics company based in Brazil – raised $111 million from Softbank. E-Commerce companies such as Instacart and Chehaoduo, based in the US and China respectively, raised $600 million and $162 million respectively. While Instacart, a delivery company delivering groceries and home essentials, raised the amount in an unclassified funding round from D1 Capital Partners, Chehaoduo, a car trading platform, raised a Series C funding from Tiantu Capital. Fintech also had two companies among the top deals. Linklogis, a China-based company raised $220 million from GIC, while Prima.it raised $115 million from Goldman Sachs Private Capital Investing and Blackstone Tactical Opportunities.
Additionally, Panshi, a Media and Entertainment company raised $324 million from Cybernaut Venture Capital. Devoted Heath, a US-based Health & Wellness firm raised $300 million from Andreessen Horowitz. 1919 Wines & Spirits, another China-based company that is into Food & Beverage, raised $288 million from Alibaba Group.
In the 2018 Week 42 Startup Funding Update, as per research from Yostartups team, 314 companies in 39 countries raised investments. Compared to week 41, this marks a 2% increase in the number of startups that raised investments and an 11.4% s. In comparison to week 41, the US saw a 3% rise in the number of deals and a 74% rise in the investment amount. Comparatively, China saw a 21.4% fall in the number of deals and an 18.4% fall in the investment amount relative to the week before.