Some 37 newly-launched or refunded venturing units made investments in the IT sector between June 2021 and May 2022.
For the period between June 2021 and May 2022, corporate venturers and corporate-backed VC firms investing in the IT sector secured $22.41bn in capital via 105 funding initiatives, which included 63 VC funds, 37 newly-launched or refunded venturing units, two accelerators and three other initiatives.
On a calendar year-to-year basis, the number of funding initiatives in the IT sector went up by 37% from 62 in 2020 to…
