The Week 46 of 2018, for startup funding commenced on 12th November and here is an update on what went down in this week of funding. Last week, 305 deals were signed to raise $9.59 billion. In addition, another 66 deals were signed as well but whose investment amount was not disclosed. This marks a 24.9% increase in the number of deals and a 115.2% increase in the investment amount raised, as compared to the statistics of the previous week.
Funding Stage Highlights
Seed round of startup funding took the lead last week when it comes to the total number of deals signed, while on the other hand, Private Equity rounds have shined with the maximum amount invested in total. Last week, the Venture funding rounds saw more than two-fold in the number of deals and almost three-fold increase in the amount invested. Seed Funding for startups and other companies too saw more than two-fold increase in the number of deals and the investment amount raised.
Startup Funding Highlights of the Week 46 of 2018 – Industry Highlights
As per the research conducted by Yostartups team, the top five sectors to shine in the Week 46 of 2018 for startup funding are FinTech, Media & Entertainment, Software & SaaS, MedTech, and Health & Wellness. These five sectors have recorded the highest number of deals in Week 46 accounting for 52.13% of the total disclosed deals. When we talk about sectors that performed well by raising impressive amounts in this funding round, Real Estate, Media & Entertainment, MedTech, FinTech, and E-Commerce lead with a combined investment received of $6.86 billion. The average investment raised during Week 46 of funding is $31.46 million.
Startup Funding Highlights of the Week 46 of 2018 – Companies and Investors
Real Estate and Media & Entertainment dominated the startup funding highlights of Week 46 of 2018. In Real Estate all the three featuring investments were raised by shared economy based startups. WeWork, the US-based co-working space, raised $3 billion from Softbank. Ucommune, a China-based company that provides co-working spaces for Chinese startups, raised $200 million from All-Star Investments. Weave Co-Living, a Hong Kong-based company that creates a collaborative living and residential communities in major cities across the Asia Pacific region, raised $181 million from Warburg Pincus.
Baidu funded two Media and Entertainment companies in China last week. NetEase Cloud Music, a company that helps to discover and share music, raised $600 million, while Xinchao Media, a company that provides customers with more accurate and cheaper community media traffic, raised $302 million.
Additionally, five other companies raised a cumulative of $1.4 billion. iFood, a Brazil-based platform wherein customers can find and order food from restaurants, raised $500 million from Naspers and Movile. Automation Anywhere, a US-based AI, Robotics & IOT company, raised $300 million from Softbank Vision Fund. Automation Anywhere offers an advanced, enterprise-grade and cognitive Robotic Process Automation (RPA) platform. Instacart, another US-based company that delivers groceries and home essentials from a variety of local stores, raised $271 million from Tiger Global Management. Roivant Sciences, a MedTech company, based in Switzerland, raised $200 million from Viking Global Investors, SoftBank Vision Fund, RTW Investments LLC,
QVT Financial, Novaquest Capital Management, Founders Fund, and Dexcel Pharma. Netskope, a US-based cybersecurity company raised $168 million from Lightspeed Venture Partners.
Startup Funding Highlights of the Week 46 of 2018– Country Highlights
Overall in the week 46 of 2018 startup funding and investments, 361 companies in 48 countries raised investments. Compared to week 45, this marks a 23.21% increase in the number of startups that raised investments and a 20% increase in the number of countries that saw investments flow in. The United States continues its lead both in terms of the number of deals and investment amounts.
In comparison to the previous week, in the week of startup funding update, the number of deals in the US rose by 62.8%, while the investment amount rose almost three times. China saw around three times increase in both the number of deals and investment amount. Comparatively, the United Kingdom saw no rise or fall in the number of deals, and 70.7% fall in the investment amount raised, compared to week 45.
This article is from Yostartups, YoStartups is a Pre Accelerator, and it empowers entrepreneurs to propel their business ideas into successful ventures. Yostartups’ core mission is to take the message of entrepreneurship to 1 billion people globally by 2020.
In case you are looking at scaling or launching a venture on similar lines, you can apply for our virtual acceleration program Excelrate on our website, Yostartups.com, Yostartups’ Excelrate program will help you in streamlining and structuring your startup idea. We have limited scholarships and discount packs for deserving business ideas, depending on the strength of your startup ideas, you may qualify for a discount.