Feb 22, 2019

The 55 minotaur companies

Felix Salmon, author of Edge
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Data: PitchBook; Chart: Chris Canipe/Axios

Here, now: The world's 55 minotaurs — our term for companies that have raised more than $1 billion — generated for Axios by PitchBook. Tap on the graphic to get the names of the companies and how much they've raised.

The big picture: In aggregate, they've raised more than $150 billion of equity capital. That's an average of $2.8 billion each.

  • The two biggest minotaurs are closely affiliated with large public companies: Ant Financial is related to Alibaba, while Juul received $12.8 billion from tobacco giant Altria. Even so, Ant's $14 billion Series C included many big-name American financial investors.
  • The fifth-largest minotaur, ByteDance, is the company that owns social network TikTok.
  • The largest European minotaur is Auto1, a Germany-based online car dealer that Softbank bought into last year.

Editor's note: this story has been corrected because of incorrect data to show there are 55 minotaurs.

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