M&A Value Hits $5.1 Billion for Strongest Quarter This Year

Market Volatility Drags Down Venture-Backed IPO Activity in Third Quarter

NEW YORK, NY – Ninety venture-backed M&A deals were reported in the third quarter, 20 of which had an aggregate deal value of $5.1 billion, increasing 39 percent compared to the second quarter and marking the strongest quarter for M&A exits with disclosed value this year, according to the Exit Poll Report by Thomson Reuters and the National Venture Capital Association (NVCA).  Thirteen venture-backed initial public offerings (IPOs) raised $1.7 billion during the third quarter of 2015, a 55 percent decrease, by number of offerings, from the second quarter of this year and 54 percent decline in total amount of dollars raised during the previous three-month period. (more…)

Immigration Reform, Emerging Technology Top of Mind for US Investors, According to 2015 Global Venture Capital Confidence Survey

NEW YORK, NY – United States-based investors are expressing doubt in the government’s ability to enact policies that support domestic venture capital and private equity investment over the next 12 months, according to the “2015 Global Venture Capital Confidence Survey” from Deloitte and the National Venture Capital Association (NVCA). This year’s survey ranked the U.S. among the lowest in investor confidence, with a rating just above those of Sweden and Brazil.

The survey revealed that of the priority policy areas cited, nearly two-thirds of U.S. investors called for government leaders to address legal immigration reform. The survey also highlighted positive investor sentiment in emerging technologies such as cloud computing, mobile technology, and the Internet of Things over the course of the next year. Additionally, the global IPO market rose for the fourth year in a row in terms of positive investor outlook. (more…)

Leaders of the Venture Capital Industry Commit to Actions to Advance Inclusion in the Entrepreneurial Ecosystem

Commitment from over 40 venture capital firms to support inclusive innovation announced at White House Demo Day

WASHINGTON, DC – Forty-five venture capital firms representing over $100 billion in assets under management invested in nearly 7,000 startups across 45 states today announced their commitment to advancing opportunity for women and underrepresented minorities in venture capital and the entrepreneurial ecosystem.  Led by the National Venture Capital Association (NVCA) Diversity Task Force, the commitments were announced in a letter to President Obama as part of the first-ever White House Demo Day, which is bringing together diverse entrepreneurs and other key stakeholders from across the ecosystem to convene and showcase the innovation economy. (more…)

$1.6 Billion Deployed to Startup Ecosystem by Corporate Venture Groups in Second Quarter

Corporate venture groups participated in 19% of all deals, most since 2008

WASHINGTON, DC – Corporate venture capital groups deployed $1.6 billion to the startup ecosystem in 232 deals during the second quarter of 2015, according to the MoneyTree Report™ from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters.  Combined, the 132 corporate venture groups accounted for 9.2% of total venture dollars invested and participated in 19.3% of the deals for the quarter, marking the strongest quarter, by number of deals, since the third quarter of 2008 when corporate venture accounted for 24% of all venture deals. (more…)

NVCA, Dow Jones VentureSource and CrunchBase Launch Survey to Measure Demographics of Entrepreneurial Ecosystem

First Step Toward Developing Solutions to Increase Inclusiveness

WASHINGTON, DC – The National Venture Capital Association (NVCA), Dow Jones VentureSource and CrunchBase today announced the launch of the 2015 Venture Census to meet the critical challenge of measuring the diversity of the U.S. entrepreneurial ecosystem.  Starting today, every individual working in entrepreneurial finance or a startup company can contribute to the 2015 Venture Census by anonymously submitting data about their background.  The 2015 Venture Census is part of a broader effort led by the NVCA Diversity Task Force to build solutions to advance greater opportunity for women and underrepresented minorities in the entrepreneurial ecosystem.

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Venture Capital Investing Exceeds $17 Billion for the First Time Since Q4 2000, According to the MoneyTree Report

Software Companies Capture $7.3 Billion, Representing the Highest Quarterly Amount in MoneyTree Report History

WASHINGTON, DC – Venture capitalists invested $17.5 billion in 1,189 deals in the second quarter of 2015, according to the MoneyTree™ Report from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters. Quarterly venture capital (VC) investment increased 30 percent in terms of dollars and 13 percent in the number of deals, compared to the first quarter when $13.5 billion was invested in 1,048 deals. The second quarter is the sixth consecutive quarter of more than $10 billion of venture capital invested in a single quarter. (more…)

21st Century Cures Act Will Jumpstart U.S. Medical Innovation

WASHINGTON, DC – The National Venture Capital Association (NVCA) today issued the following statement after the House of Representatives overwhelmingly passed H.R. 6, the 21st Century Cures Act of 2015.

“Today’s passage in the House of the 21st Century Cures Act is a huge win for the U.S. medical innovation ecosystem and an example of bipartisanship at work to address some of our nation’s most pressing challenges,” said Bobby Franklin, President and CEO of NVCA.  (more…)

Venture Capital Fundraising tops $10 Billion in Q2, Recording Strongest Quarter Since 2007

Largest All-Time Early Stage Venture Capital Fund Closed During Second Quarter

NEW YORK, NY – U.S. venture capital firms raised $10.3 billion for 74 funds during the second quarter of 2015, an increase of 10 percent compared to the number of funds raised during the first quarter of 2015, and a 39 percent increase by dollar commitments, according to the Fundraising Report by Thomson Reuters and the National Venture Capital Association (NVCA).  Venture capital dollar commitments during the second quarter of 2015 increased 27 percent compared to the second quarter of 2014 and marked the strongest three-month period for venture capital fundraising since the fourth quarter of 2007 when U.S. venture capital firms raised just over $10.4 billion. (more…)

IPO Activity for Venture-Backed Companies Picks up Steam in Second Quarter

With Biotech Companies Leading the Way, Venture-Backed Companies Raised $3.4 Billion in Public Markets

NEW YORK, NY – Twenty seven venture-backed initial public offerings (IPOs) raised $3.4 billion during the second quarter of 2015, a 59 percent increase, by number of offerings, from the first quarter of this year and more than double the level of dollars raised during the previous three-month period, according to the Exit Poll Report by Thomson Reuters and the National Venture Capital Association (NVCA).  For the second quarter of 2015, 70 venture-backed M&A deals were reported, 14 of which had an aggregate deal value of $4.1 billion.  Venture-backed M&A activity during the quarter fell to its lowest levels, by number of deals, since the first quarter of 2003 as disclosed deal value increased 86 percent compared to the first quarter of 2015.

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NVCA Applauds Passage of Medical Device Tax Repeal in the House

WASHINGTON, DC – The National Venture Capital Association (NVCA) today issued the following statement after the House of Representatives passed H.R. 160, the Protect Medical Innovation Act of 2015, introduced by Reps. Erik Paulsen (R-MN) and Ron Kind (D-WI).

“The U.S. has been the global leader in the development of medical device innovation for the last three decades.  However, the imposition of the medical device tax has been a massive burden on the sector and has significantly damaged our competitive advantage,” said Bobby Franklin, President and CEO of NVCA.  (more…)