By: Cheryl Winokur Munk
Teladoc Sues Rival Over Hospital Robot Patents
Last year, venture firms raised more cash than ever before—and many in the industry predict the momentum will continue.
Even though 2020 was terrible for countless small businesses and startups, the venture industry raised $73.6 billion in the U.S. in 2020, blowing past the previous high of $68.1 billion set in 2018, according to PitchBook Data Inc., a financial-data and software company that tracks the industry. The activity was bolstered in part by investors who were flush with capital thanks to a thriving initial-public-offering market, as well as from strong demand for innovation and digital acceleration amid the pandemic.
Here’s a look at what venture capitalists and entrepreneurs see as the biggest trends to look for in the year ahead.