CB Insights - Covid-19 and mega-deals in VC

Hola,

We didn’t know we’d face a pandemic world when we chose our 2020 Tech Trends earlier this year.

But many of them have become more important since the outbreak. These include: 

• Livestreaming’s role in shopping
• Virtual office work
• Empathy in technology design
• On-demand unicorns under stress
• Supply chain sustainability
• Massive growth in the wellness market (for more on healthcare, see below)

Check it out here and share with anyone who’s navigating this fog.

Telehealth is tele-hot

Covid-19 thrust telehealth into the spotlight, which saw a record number of deals in Q1’20. 

Take a look at more healthcare investment and sector trends to watch in our just-released Q1’20 State of Healthcare report here.

I like cash

Last year, investors poured more than $110B into nearly 8,500 deals to tech startups based in Asia and the Pacific region, which stretches from China to New Zealand.

We take a look at the most well-funded startups in the APAC region in this infographic.

Doubling down
 

The number of mega-rounds to US-based startups jumped in Q1’20, despite an overall decline in VC rounds.

Take a look at how startup deals and funding were impacted by Covid-19 here.

This week, we’re featuring our US of Digital Health, a map of the most well-funded digital health startup in each US state. 

In aggregate, these startups have raised over $10B in total equity funding, and 11 of them were also featured in our Digital Health 150, a list of the most promising digital health startups globally.

Digital health startups everywhere are drawing attention for their efforts in combating the Covid-19 pandemic, with categories like telehealth, at-home diagnostics, and remote monitoring receiving record interest.

For more on the US digital health space, we rounded up the 10 most well-funded digital health startups over time.

Globally, digital health startups have collectively raised nearly $6B in 2020 YTD. Clients can view the month-by-month breakdown of funding here.

And for all our research resources on the pandemic, visit our Covid-19 research guide here.

Have a great rest of the week.

P.S. We're hiring across our BD/CS, design, engineering, intelligence, marketing, and product units. Check out all of our open jobs here.