That is an increase of 44% compared to the same period last year, and thus destroyed the previous quarterly record which was broken in 2001. In addition to these staggering amount of investment in the startup business another world record was achieved: up to 35 companies that have been funded in this way in the previous quarter launched of their shares on the stock market through an IPO, which is also a record number.
The last time such an activity was seen back in 2000., so we can conclude that the future of start ups is bright.
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