The US dominated the list of global top five venture capital (VC) funded companies in 2021, with three US-based companies—Cruise, Robinhood and Databricks—collectively attracting $12.8 billion worth of VC funding, says GlobalData. The leading data and analytics company notes that advancements in emerging technologies have boosted global VC investors’ confidence in US-based companies.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Autonomous vehicles, fintech, electric batteries, e-commerce and artificial intelligence (AI) found the most favor with VC investors in 2021. The US, which has several companies working in such emerging areas, managed to dominate the list of top five VC funded companies during the year. The list also featured one company each from China and India.”
US-based autonomous vehicles firm Cruise raised the highest amount of VC funding during 2021 among all of the companies on the list with $6.5 billion. Cruise was followed by fintech firm Robinhood, which raised $3.7 billion, and AI firm Databricks, which raised $2.6 billion.
Other companies on the list of top five VC funded companies in 2021 included China-based electric batteries manufacturer Honeycomb Energy and Indian e-commerce company Flipkart Internet, which recorded disclosed funding values of $3.7 billion and $3.6 billion, respectively.
