MHTA — Minnesota companies raised $107 million in venture capital in the fourth quarter of 2017, according to data from PricewaterhouseCoopers and CB Insights. 2017 venture capital investments totaled $479 million.
Top industries for venture capital in Q4-2017 included:
- Healthcare: 4 deals worth $90 million
- Internet: 2 deals worth $17 million
- Consumer Products & Services: 1 deal, amount not disclosed
There were 2 later stage deals totaling $55 million, 4 deals with early-stage companies worth $50 million, and 1 expansion stage deal worth $1 million.
Last year, we released a report that examines venture capital investments in Minnesota over the last 21 years. The report draws on data CB Insights, and aims to put Minnesota’s venture capital investments in context and identify industries that stand out from the others. You can find this report and much more on our Research page.