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Which 2 startups collectively raised over $600m of investment in August?

Which 2 startups collectively raised over $600m of investment in August?

startup investments in August startup investments in August

Two of the world’s most exciting tech businesses collectively raised over half a bn in venture capital. Here were the biggest startup investments in August.

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Every month at StrategyEye we analyze the top venture capital deals. Here’s the result of our analysis in an infographic of the 50 top startup investments in August.

With $33 billion invested across the top 50 deals, VC activity, continues to thrive. The huge figure comes down to the increased proliferation of mega-financing deals, (funding rounds over $100m) of which there were 10 in August.

The Asian taxi wars are hotting up after Singapore based GrabTaxi scored $350m in a Series E funding round. Interestingly, amongst the investors is Didi Kuaidi, the merged $15 billion transportation service behemoth.

It signals strong intentions of an acquisition and would alert the other ground transportation players around the world.

Coming just behind GrabTaxi in the 50 top startup investments in August after raising a lofty $300m is Tujia. China’s answer to Airbnb, the series D funding led by All-Stars investment (also invested in Chinese smartphone maker Xiaomi), will be used to help the business grow overseas, expand product offering and increase market initiatives in the coming future.

Another industry undergoing a rapid evolution through technology, is the telehealth industry which promises to transform the future of medicine and its delivery.

Hoping to be at the forefront of the revolution is New-York based online doctor-appointments service ZocDoc.

Raising $130m in a round led by the Scottish investment firm Baillie Gifford and London based Atomico, ZocDoc is one of the many startups efficiently helping supply meet demand in this space.

It plans on using the recent funding to invest heavily in product development and business growth; there’s also been rumor of international expansion.

For the rest of the top 50 startup investments in August, see the above infographic.

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