Armed with some data from our friends at Crunchbase, I broke down the largest global startup funding rounds from the second quarter of 2020. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis. To maintain a focus on tech-enabled companies, real estate, biotech, and lending companies were excluded. This report only contains equity fundings.
Interested in the top NYC fundings? The Largest NYC Startup Fundings of Q3 2020
Interested in the top LA fundings? The Largest LA Startup Funding Rounds for Q3 2020
Interested in the top London fundings? The Largest London Startups Funding Rounds of Q3 2020
Interested in the top US fundings? These US Startups Raised the Most Funding in Q3 2020
CLICK HERE TO SEE THE TOP GLOBAL STARTUP FUNDING OF Q3 2020
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15. AUTO1 Group €255.0M
Round: Venture
Description: Berlin-based AUTO1 Group is an online automotive platform that aims to connect buyers and sellers of cars throughout Europe. Founded by Christian Bertermann and Hakan Koc in 2012, AUTO1 Group has now raised a total of $1.1B in total equity funding and is backed by investors that include Goldman Sachs, Citigroup, Barclays, Target Global, and G Squared.
Investors in the round: SoftBank Vision Fund, Farallon Capital Management, The Baupost Group
Funding month: July
Industry: Automotive, Internet, Marketplace
Founders: Christian Bertermann, Hakan Koc
Founding year: 2012
Location: Berlin
Total reported equity funding: $1.1B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
14. Karma Kitchen £252.0M
Round: Series A
Description: London-based Karma Kitchen is a cloud kitchen startup. Founded by Gini Newton and Eccie Newton in 2018, Karma Kitchen is backed by investors that include Vengrove.
Investors in the round: Vengrove
Funding month: July
Industry: Food and Beverage
Founders:
Founding year: 2018
Location: London
Total reported equity funding: £252.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
13. XtalPi $318.8M
Round: Series C
Description: Cambridge-based XtalPi is a biotech firm that uses artificial intelligence and computing to accelerate the development of new pharmaceutical drugs. Founded by Jian Ma, Lipeng Lai, and Shuhao Wen in 2014, XtalPi has now raised a total of $386.4M in total equity funding and is backed by investors that include Tencent Holdings, ZhenFund, Alphabet, Sequoia Capital China, and SoftBank Vision Fund.
Investors in the round: China Life Healthcare Fund, Morningside Venture Capital, PICC Capital Investment Management, Sequoia Capital China, SIG China (SIG Asia Investments), SoftBank Vision Fund, Tencent Holdings
Funding month: September
Industry: Artificial Intelligence, Biotechnology, Pharmaceutical
Founders: Jian Ma, Lipeng Lai, Shuhao Wen
Founding year: 2014
Location: Cambridge
Total reported equity funding: $386.4M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
12. Fanatics $350.0M
Round: Series E
Description: Jacksonville-based Fanatics designs, manufactures and distributes high-quality fan gear and jerseys across retail channels. Founded by Alan Trager, Michael Rubin, and Mitch Trager in 1995, Fanatics has now raised a total of $2.0B and is backed by investors that include Alibaba Group, Neuberger Berman Group, Temasek Holdings, Silver Lake, and Fidelity Management and Research Company.
Investors in the round: Fidelity Management and Research Company, Franklin Templeton Investments, Neuberger Berman Group, Thrive Capital
Funding month: August
Industry: E-Commerce, Fashion, Manufacturing, Retail, Shopping, Sporting Goods, Sports
Founders: Alan Trager, Michael Rubin, Mitch Trager
Founding year: 1995
Location: Jacksonville
Total reported equity funding: $2.0B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
11. Yipin Fresh ¥2.5B
Round: Series C
Description: Huawei-based Yipin Fresh is a fresh discount supermarket chain. Founded by Jiang Jianfei in 2013, Yipin Fresh has now raised a total of ¥4.5B and is backed by investors that include Tencent Holdings, Capital Today, Eastern Bell Capital, and Longzhu Capital.
Investors in the round: Capital Today, Eastern Bell Capital, Tencent Holdings
Funding month: August
Industry: Consumer Goods, Food and Beverage
Founders:
Founding year: 2013
Location: Huawei
Total reported equity funding: ¥4.5B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
10. Xpeng Motors $400.0M
Round: Series C
Description: Guangzhou-based Xiaopeng Motors is an electric vehicle and technology company that designs and manufactures smart cars. Founded by Tao He, Wei Xia, and Xiaopeng He in 2014, Xpeng Motors has now raised a total of $2.6B and is backed by investors that include Xiaomi, Alibaba Group, IDG Capital, CICC, and UCAR.
Investors in the round: Alibaba Group, Mubadala Investment Company, Qatar Investment Authority
Funding month: August
Industry: Automotive, Autonomous Vehicles, Electric Vehicle, Manufacturing
Founders: Tao He, Wei Xia, Xiaopeng He
Founding year: 2014
Location: Guangzhou
Total reported equity funding: $2.6B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
9. Zwift $450.0M
Round: Series C
Description: Long Beach-based Zwift operates an online fitness platform used to transform monotonous solo indoor cycling into dynamic and social adventures. Founded by Alarik Myrin, Eric Min, Jon Mayfield, and Scott Barger in 2014, Zwift has now raised a total of $619.5M in total equity funding and is backed by investors that include Amazon Alexa Fund, Kohlberg Kravis Roberts, Shasta Ventures, True., and Max Levchin.
Investors in the round: Amazon Alexa Fund, Causeway Media Partners, Highland Europe, Ilkka Paananen, Kohlberg Kravis Roberts, Novator, Permira, True., Zone 5 Ventures
Funding month: September
Industry: Content, Cycling, Fitness
Founders: Alarik Myrin, Eric Min, Jon Mayfield, Scott Barger
Founding year: 2014
Location: Long Beach
Total reported equity funding: $619.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
8. Robinhood $460.0M
Round: Series G
Description: Menlo Park-based Robinhood is a financial technology company that offers commission-free investing. Founded by Baiju Bhatt and Vlad Tenev in 2013, Robinhood has now raised a total of $2.2B in total equity funding and is backed by investors that include Sequoia Capital, Ribbit Capital, GV, Andreessen Horowitz, and LocalGlobe.
Investors in the round: IVP, Sutton Capital, TSG Consumer Partners
Funding month: September
Industry: Apps, Bitcoin, Cryptocurrency, Ethereum, Finance, Financial Services, FinTech, Mobile
Founders: Baiju Bhatt, Vlad Tenev
Founding year: 2013
Location: Menlo Park
Total reported equity funding: $2.2B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
7. Chime $485.0M
Round: Series F
Description: San Francisco-based Chime is a fintech company that helps its members avoid bank fees, save money automatically, and lead healthier financial lives. Founded by Chris Britt and Ryan King in 2013, Chime has now raised a total of $1.5B in total equity funding and is backed by investors that include General Atlantic, Menlo Ventures, Tiger Global Management, Crosslink Capital, and Homebrew.
Investors in the round: Access Technology Ventures, Coatue, Dragoneer Investment Group, DST Global, General Atlantic, ICONIQ Capital, Tiger Global Management, Whale Rock Capital Management
Funding month: September
Industry: Banking, Debit Cards, FinTech, Mobile Payments
Founders: Chris Britt, Ryan King
Founding year: 2013
Location: San Francisco
Total reported equity funding: $1.5B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
6. Missfresh E-Commerce $495.0M
Round: Series E
Description: Beijing-based MissFresh is an E-Commerce platform that focuses on high-quality fresh food. Founded by Bin Zeng and Zheng Xu in 2014, Missfresh E-Commerce has now raised a total of $1.4B in total equity funding and is backed by investors that include Suzhou Changshu Government Industry Fund, Goldman Sachs, Tencent Holdings, CICC, and Tiger Global Management.
Investors in the round: Abu Dhabi Capital Group, CICC, Goldman Sachs, ICBC International, Suzhou Changshu Government Industry Fund, Tencent Holdings, Tiger Global Management
Funding month: July
Industry: Apps, E-Commerce, Grocery, Mobile
Founders: Bin Zeng, Zheng Xu
Founding year: 2014
Location: Beijing
Total reported equity funding: $1.4B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
5. Bright Health $500.0M
Round: Series E
Description: Minneapolis-based Bright Health develops a health insurance service platform designed to deliver a quality healthcare experience. Founded by Kyle Rolfing, Robert John Sheehy, and Tom Valdivia in 2016, Bright Health has now raised a total of $1.6B in total equity funding and is backed by investors that include Blackstone Group, Tiger Global Management, Bessemer Venture Partners, New Enterprise Associates, and Greenspring Associates.
Investors in the round: Bessemer Venture Partners, Blackstone Group, Greenspring Associates, New Enterprise Associates, T. Rowe Price, Tiger Global Management
Funding month: September
Industry: Health Care, Health Insurance, Hospital, Insurance, InsurTech
Founders: Kyle Rolfing, Robert John Sheehy, Tom Valdivia
Founding year: 2016
Location: Minneapolis
Total reported equity funding: $1.6B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
4. Affirm $500.0M
Round: Series G
Description: San Francisco-based Affirm is a financial technology services company that offers installment loans to consumers at the point of sale. Founded by Jeffrey Kaditz, Max Levchin, and Nathan Gettings in 2012, Affirm has now raised a total of $1.4B in total equity funding and is backed by investors that include GGV Capital, Ribbit Capital, GIC, Morgan Stanley, and Andreessen Horowitz.
Investors in the round: Baillie Gifford, Durable Capital Partners, Fidelity Management and Research Company, Founders Fund, GIC, Lightspeed Venture Partners, Spark Capital, Wellington Management
Funding month: September
Industry: Consumer Lending, E-Commerce, Fashion, Financial Services, FinTech, Payments, Personal Finance, Retail
Founders: Jeffrey Kaditz, Max Levchin, Nathan Gettings
Founding year: 2012
Location: San Francisco
Total reported equity funding: $1.4B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
3. JD Health $830.0M
Round: Series B
Description: Beijing-based JD Health is an e-commerce platform for pharmaceutical products. Founded by Richard Liu in 2019, JD Health has now raised a total of $1.8Band is backed by investors that include JD.com, CICC, Baring Private Equity Asia, CPE, and Hillhouse Capital Group.
Investors in the round: Hillhouse Capital Group
Funding month: August
Industry: E-Commerce, Health Care, Medical, Nursing and Residential Care, Nutrition
Founders:
Founding year: 2019
Location: Beijing
Total reported equity funding: $1.8B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
2. WM Motor ¥10.0B
Round: Series D
Description: Shanghai-based WM Motor is an automotive company that designs, manufactures, develops, and markets battery-operated electric vehicles. Founded by Bin Lu, Hui Shen, and Ligang Du in 2015, WM Motor has now raised a total of $3.1B in total equity funding and is backed by investors that include Sino IC Leasing, Hongta Group, Tencent Holdings, Sequoia Capital, and Baidu.
Investors in the round: Baidu, Guangzhou Finance Holdings, Hongta Group, SAIC Motor, SIG, Sino IC Leasing, State Development & Investment Corporation (SDIC), Tencent Holdings, Tsinghua Unigroup, Yangtze River Industry Fund, Yingke Capital
Funding month: September
Industry: Automotive, Autonomous Vehicles, Electric Vehicle, Manufacturing
Founders: Bin Lu, Hui Shen, Ligang Du
Founding year: 2015
Location: Shanghai
Total reported equity funding: $3.1B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
1. Epic Games $1.5B
Round: Venture
Description: Cary-based Epic Games is an American video game and software company that creates games and offers its game engine technology to other developers. Founded by Mark Rein and Tim Sweeney in 1991, Epic Games has now raised a total of $3.4B in total equity funding and is backed by investors that include David Tepper, BlackRock, Tencent Holdings, Sony, and aXiomatic.
Investors in the round: Baillie Gifford, BlackRock, David Tepper, Fidelity Management and Research Company, Kohlberg Kravis Roberts, Lightspeed Venture Partners, Ontario Teachers’ Pension Plan, Smash Ventures, T. Rowe Price
Funding month: August
Industry: Developer Platform, Gaming, Video Games
Founders: Mark Rein, Tim Sweeney
Founding year: 1991
Location: Cary
Total reported equity funding: $3.4B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
