Business Services Industry

Nationwide Venture Capital Investments Inch Higher in Second Quarter.

Knight Ridder/Tribune Business News, July, 2003

By Robert Weisman, The Boston Globe Knight Ridder/Tribune Business News

Jul. 29--Venture capital investing inched up 6 percent nationally to $4.3 billion in the second ...uarter, from $4 billion in the first three months of the year, marking the first ...uarter-to-...uarter increase in venture funding in three years, according to a survey that will be released today.

But investment in New England companies tumbled 34 percent to $496 million in the April-to-June period from $748.2 million in the first ...uarter. Seventy-three New England companies won funding in the second ...uarter, down from 95 the prior ...uarter.

The MoneyTree survey, prepared by PricewaterhouseCoopers, Thomson Venture Economics, and the National Venture Capital...

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