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The headwinds and tailwinds that the pandemic has created for tech investment are evident when looking at the relative pace of capital invested across different industry verticals in 2020 on a month-by-month basis and in comparison to 2019 and 2018. Health tech companies, which had already been attracting significant capital, have raised record amounts in 2020. Other sectors that appeared to have been buoyed by tailwinds include enterprise software, fintech, and semiconductors. Headwinds appear to have slowed investments into real estate, transportation and jobs recruitment.