Venture fundraising becomes more concentrated
The top 10% of funds account for 68% of venture fundraising in Q1 2021.
The COVID-19 pandemic stifled revenue growth for companies
The median time to scale to $75M in revenue increased half a year in 2020 to 5 years.
SPACs are chasing Frontier Tech companies
The proportion of de-SPACs involving a Frontier Tech company increased from 4% in 2019 to 30% in 2021.