On the unicorn front, 45 companies joined the Crunchbase Unicorn Board in January, matching the new unicorn count for December 2021, and up slightly compared to January 2021, when 43 new unicorns were minted.
Investors leading or co-leading the largest fundings last month included Tiger Global Management, SoftBank Vision Fund, Sequoia Capital and Fidelity.
Andreessen Horowitz closed on a host of new funds last month, with fund 8 at $2.5 billion, bio fund 4 at $1.5 billion, and growth fund 3 of $5 billion.
The earlier correction might well be overstated, which would be good news for late-stage private financings.
Funding rounds included in this report are seed, angel, venture, corporate-venture and private-equity rounds in venture-backed companies.
Even if those events were added to Crunchbase long after the event was announced, foreign currency transactions are converted at the historic spot price.