US and Chinese startup investments swell amid pandemic

Money flows into health care and digital transformation-related sectors

Venture capital investment in the U.S. hit a record high in 2020, led by the health care and corporate services industries amid the COVID pandemic. (Photo by Kosaku Mimura)

HIROMI SATO, DAISUKE SUZUKI and TOMOKO WAKASUGI, Nikkei staff writers

January 19, 2021 11:56 JST

PALO ALTO, U.S./TOKYO -- Despite the novel coronavirus pandemic, startup investments are booming in the U.S. and China, the world's two largest economies.