Admiral Global Gear Up for 2015 as VC's Raise $17 Billion in The First Half of This Year, Their Best Haul Since 2008
Tokyo, Japan, October 10, 2014 (Newswire.com) - Indeed, cash raised by VCs in the first half of this year has peaked at an eight-year high with $17 billion flowing into investor coffers. Fund performances are also behaving admirably, and so are the portfolios of the VCs making many of the investments. And why wouldn’t they?
For example, in the first seven weeks of the third quarter ending August 17, $4.3 billion was raised. This means venture fundraising has so far totaled nearly $22 billion this year, the best showing since 2008, according to Reuters Venture Capital Journal.
VCs are feeling pretty enthusiastic right about now. At least, that’s what the latest data show. In fact, the $13 billion invested in the second quarter of 2014 marks the largest quarterly investment total since the $13.1 billion invested way back in the first quarter 2001.
All of this info is thanks to the MoneyTree Report from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters. The $13 billion invested in Q2 is spread across 1,114 deals, reflecting a 34 percent increase in money spent and 13 percent increase in the number of deals made when compared to Q1 of this year. At that time, the investment total was $9.7 billion across 985 deals.
The breakdown of investment types is as follows: a 46 percent increase in dollars invested for seed stage investments and a 17 percent increase in dollars invested for early stage.