The Southeast ranks 6th in “Investments by Region� according to the latest MoneyTree Report from the National Venture Capital Association and PricewaterhouseCoopers. Overall, investments, including deals in seed and early stage companies, as well as those in the software sector, are at their highest levels since Q3 2001.
The Report, released this week, recognizes 65 deals in the Southeast resulting in a total of just over $357 million - roughly $5.5 million per deal - invested last quarter. Which three industries combined account for close to 57% of the total investments during this period?
• Biotechnology – $91,088,000
• Medical Devices & Equipment - $59,384,800
• Software - $56,273,000