2021 was a record year for investment for businesses at every stage of funding, from those going for the first round of funding to those seeking much later stage investments. The year closed out with $643 billion having been invested by venture capitals (VCs) across the globe, marking a year-on-year growth rate of 92%. Whilst it’s true that in 2022, funding slowed slightly in comparison, funding for the second quarter of 2022 still exceeded funding for every quarter in 2020.