News Snapshot:
US and Chinese startup investments swell amid pandemic Written by Share Money flows into health care and digital transformation-related sectors. Despite the novel coronavirus pandemic, startup investments are booming in the US and China, the world’s two largest economies. Venture capital investment in the US surged 13% from 2019 to a record annual high of USD 156.2 billion in 2020, led by the health care sector and industries related to software-as-a-service, or SaaS. The previous record of USD 142.7 billion was set in 2018. The US VC investment figures were compiled by the National Venture Capital Association (NVCA) and US...
