VC investments in startups in the U.S. stabilized in the second quarter at $3.7 billion, according to the latest MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association. As TechCrunch put it:
The rebound, if you want to call it that, hasn’t hit the Internet sector yet. Internet deals brought in only $524 million in the quarter, down from $593 million the quarter before and $1.7 billion a year ago. Clean tech isn’t doing so hot either, with only $274 million invested during the second quarter compared to $911 million a year ago. Most of the action came from biotech and medical devices, which saw bigger jumps in funding during the quarter to $88 million and $628 million, respectively.
Remember, this is only one source of data (most of it from Thomson Reuters). We actually measured nearly twice the dollar amount of venture deals during the quarter on CrunchBase, which we’ll share more fully soon.
You can view a graph of quarterly VC investments in the U.S. (or for any particular region) since Q1 of 1995 at the MoneyTree site.
