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If money talks, then venture capitalists sure have a lot to say this year.

According to a research note from Goldman Sachs released Wednesday, May 23, CB Insights found total venture capital in private and emerging companies in the first quarter of 2018 totaled $22.1 billion. That's an increase of 21% sequentially and 49% annually, and it's the highest total funding amount Goldman has seen since it began tracking the data at the start of 2016.