More than 16 billion dollar have been invested in 1070 US start-up during the third quarter of 2015. The venture capital invested so far during this year is already higher than in 17 of the last 20 years, says PwC and the NVCA.
According to the MoneyTree™ Report by PricewaterhouseCoopers (PwC) and the National Venture Capital Association (NVCA) based on data from Thomson Reuters, venture capital will have its biggest year since 2000, when the dot-com boom reached a peak. 2015 is set to see the second highest VC investments since the report was started by the two organisations in 1995.
Although the number of deals compared to the second quarter of 2015 decreased by eleven percent and the money invested decreased by five percent, venture capital as seen another strong quarter. “With seven consecutive quarters of more than $10 billion deployed to the start-up ecosystem and more than half of all investment deals now going to seed or early stage companies, it’s a great time to be an entrepreneur in America,” said Bobby Franklin, President and CEO of NVCA.
The top ten deals account for 19 percent of total VC investments. They spread among seven industries including software, biotechnology, media & entertainment, medical devices & equipment, IT services and industrial/energy.
The software industry received the largest amount of investments with $5.8 billion going into 412 firms and accounting for 17 percent of total VC investments of the third quarter. Biotechnology firms received $2 billion spread over 121 deals, making it the second largest industry ranked by VC investments. Third, 90 media and entertainment start-ups received $1.4 billion.