Global venture capital investment has hit an all-time record, with more than $142 billion already disbursed in 2017, according to data provider PitchBook.
Fewer startups are raising money, but the round sizes are getting appreciably larger. For example, though mid-October, eight companies had raised rounds of $500 million or more. There has been a boom in fundraising by Chinese startups, partially driven by an increase in local capital sources.
