Josh Gibson's profile

Venture Funding Report for Quarter 1, 2018

Due to his acquisition of an MD, Josh Gibson has a health technology background from his time working at Quartet Health. Currently a consultant, Josh Gibson works with startups to improve their operations and fundraising. 

Venture capital funding got off to a fast start in 2018, with $49 billion invested in startups across the world, according to a venture-funding report by KPMG. This marked the fourth consecutive quarter that venture capitalists invested more than $45 billion. The United States was ahead of the pack in total venture funding with over $28 billion invested. Other markets that saw significant activity were Europe, China, India, and Southeast Asia. 

Investors showed a preference for late-stage rounds of funding. There were over 100 Series D or later rounds of financing for amounts of over $100 million, equal to the entire year’s figures for 2016 and 2017. Sectors that saw a lot of funding channeled in their direction included cab-hailing services, artificial intelligence, and blockchain technology. 

The companies that saw the most funds invested in them were Grab, which raised $2.5 billion, and Go-Jek which raised $1.5 billion. Both are cab-hailing services in Southeast Asia. Others are US-based Uber, Lyft, and Faraday Futures, which all raised over $1 billion.
Venture Funding Report for Quarter 1, 2018
Published:

Venture Funding Report for Quarter 1, 2018

Published: