Venture Capital Activity Declines in Q3 2010
Oct 15, 2010
Compared to prior quarter, total investments and number of deals drop in the US
The NVCA Money Tree Report data showed venture investing fell by nearly a third compared to Q2 2010, from $6.9 billion to $4.8 billion. The number of deals decreased 19 percent during Q3 2010. Software continues to be a strong draw for venture capital dollars, accounting for just over 14% of total investments ($1 Billion). Life sciences and cleantech experienced a decline from Q2 to Q3 2010. The Money Tree analysis also reported funding declines across all stages of funding, from early to later stage. The National Venture Capital Association and PricewaterhouseCoopers produce the Money Tree report.
↑ Back to TechConnect News™