Bloomberg Law
Oct. 15, 2020, 8:26 AM

ANALYSIS: Consumer Investments Drove VC to Record High in Q3

Grace Maral Burnett
Grace Maral Burnett
Legal Analyst

Venture capital is breaking records. Last quarter, global venture capital investments reached all-time highs, both by number of investments and total dollar volume. In the third quarter, 2,588 venture capital investments — including angel investments and all financing rounds from seed onward — totaling $71.5 billion were announced and are currently pending or completed.

Among the largest of these investments were Rivian Automotive Inc. ($2.5 billion), Space Exploration Technologies Corp. ($1.9 billion), and Flipkart Online Services Pvt. Ltd. ($1.7 billion). And while investors continue to put their money into technology targets at significant levels, they appear to have developed a ...

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