2013 slowest year of VC fundraising since 2010 - Reuters and NVCA
According to data compiled by Thomson Reuters and the National Venture Capital Association, U.S. VC firms raised a total of $4.9 billion from 48 funds during the final quarter of 2013. This figure represents an increase of 12 percent as compared to the previous quarter as well as a 53 percent increase from the same period in 2012. However, the number of funds plunged to 21 percent versus the third quarter of 2013. Also, Thomson Reuters and NVCA reported that VC firms closed a total of $16.7 billion from 185 funds during 2013, a 15 percent drop compared to 2012. Overall, 2013 was the slowest year of fundraising since 2010.
13 January 2014•5 mins read
