YTD 2011 Venture Financing Numbers Released

The MVCA reported total venture financings in Michigan topped $72.5 million thus far in 2011, a decrease  over 2010 and 2009. However, 2009 and 2010 financings were unusually high given sizable venture capital raises in several Michigan life science companies.  Despite the decrease in total year-to-date financings, the number of investments made are on par with the prior two years, indicating lower amounts of venture capital contributed per deal.

Click here to review the entire 2011 YTD MVCA Venture Financings report.