In the month of July, investors committed over $7B in venture funding rounds globally. While July tends to be a slow month for investing, Flipkart’s $1B Series G was the largest of a string of international deals announced this month that kept the heat turned up. Huaxia, Secoo, Fangdd, FXTrip and Rong360, all of China, each raised over $60M each. Overall though, July couldn’t cap the $8.4B and 1.2k funding rounds in June. Despite being the best July for at least the last decade, the mid-summer dip followed the usual trend.


The top investors by capital committed for the month were of course all involved in Flipkart’s round. The round was led by Tiger Global and Naspers of Cape Town and included eight total participants. Elsewhere, Bessemer Venture Partners capped off an eventful month with a $27M Series B for Pager Duty, along with a Series A for Kurbo Health and a handful of later stage rounds for Intigua, NewVoiceMedia, CTERA Networks and Hungama Digital. Intel Capital teamed up with Bessemer for the Intigua and Hungama rounds, and also helped raise cash for SmartZip Analytics, SilkRoad Technology, Cloudian and iZettle.

Not to be outdone, seed investors made a big impact supporting young startups across a variety of summer accelerator cohorts. The recent proliferation of vertical accelerators was made abundantly clear in July. Leading the way, The Brandery brought in an exciting class to their Cincinatti consumer marketing and branding program. The Iron Yard also announced their second class of Digital Health Startups accepted to the South Carolina program while Kaplan teamed up with Techstars to fund and mentor startups in the Education space. This is the second cohort for the Kaplan EdTech Accelerator. Finally, Startupbootcamp named their 2014 cohort of Fintech startups coming to London.

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  • Originally published August 1, 2014, updated April 26, 2023