Coronavirus

Private equity firms have rediscovered their taste for leisure, restaurant and hotel companies following the sector’s crash during the economic crisis triggered by the pandemic.

Getir was valued at $11.8 billion with its Series E, making the company Europe’s first grocery delivery decacorn. The delivery sector has attracted a wealth of VC funding since the pandemic started, and it shows few signs of slowing.

Platforms like Zoom, Roblox, Clubhouse and Peloton reshaped how we lived during lockdown. But two years in, which changes are here to stay—and which aren’t?

The asset class hasn’t been tested by a protracted crisis, a report by S&P Global Ratings said.

Shares in the VC-backed biotech startup jumped by as much as 47% in its first day of trading on the London Stock Exchange, following an IPO that valued the company at $4.6 billion.

Pet adoptions surged during 2020’s lockdowns, with nearly 20% of US households taking in a dog or cat. A surge in venture activity has followed, as investors back an increasing number of pet-focused startups.

Foodtech startups took center stage during the pandemic out of necessity. As things begin to return to normal, they are now a fixture in everyday life.

Avid Ventures has raised $68 million for a debut fund with a unique investment strategy.

After nearly a year of transitioning to a remote workforce, many companies are gearing up in 2021 for a hiring spree that is expected to be a blend of remote and on-premises employees.

From VC financing to mega-funds, mega-rounds and IPOs, here are five charts that sum up an improbable 2020.

Beyond the headline-worthy VC trends, 2020 triggered a transformation across startups, resulting in a pool of innovative products.

The pandemic has challenged managers to steer funds of a relatively new asset class through uncharted waters in the face of unprecedented headwinds. Yet despite fears of the private debt industry’s exposure, there are few signs of serious trouble.

PitchBook is providing continuing coverage of the coronavirus outbreak and its impact on the private markets. This page is updated daily.

Recent investor enthusiasm for late-stage companies in the US has translated into mega-deals and gigantic valuation step-ups.

PitchBook is providing continuing coverage of the coronavirus outbreak and its impact on the private markets. This page is updated daily.

Airbnb’s long-awaited IPO filing is peppered with evidence that, despite the broad impact of the pandemic, the company fared well due to a combination of resilience and luck. But as global coronavirus cases surge, the company expects bookings to decline in the fourth quarter and continue to fluctuate.

Healthcare, business productivity and fintech startups have dominated the unicorn class of 2020 amid an exponential rise in demand for services in these sectors during the coronavirus pandemic.

Kevin Durant and Patrick Mahomes helped make Whoop a unicorn, which joins chip deals, earnings updates and more in our recap of the week.