Global University Venturing's analysis of the second quarter of 2019 shows increased investment activity as the year progresses and record-breaking amounts generated through exits.
After a slow and steady start to 2019, it looks as though activity in the second quarter of the year has been ramping up with a respectable 230 deals across the three months.
That may be a slight drop on the 254 deals closed in the same period last year but, considering the blockbuster June 2018 that continues to tower over any other month since Global University Venturing launched over six years ago, is actually a solid figure.
Notably, more than $5bn were invested during the past quarter – that is almost double the capital raised by spinouts during the first quarter of the year, which was just over $2.6bn. It is also more than the $3.5bn raised during the same period last year, despite fewer companies receiving cash.
The prediction, made by this magazine in previous analyses, that 2019 may lead to fewer deals with larger…
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
