The INOV8 blog tracks the latest news and trends in technology and innovation throughout the world
These are some exciting times in the startup junkie world in Arkansas. Recently, in addition to Gravity Ventures, I’ve heard through official and rumored channels about three more tech-focused venture funds in varying stages of formation that will be aimed at Arkansas.
Almost $6 billion was invested in 612 companies during the second quarter. The report includes data, trends and much more. Very interesting and well worth the time. Print it out and take it home.
According to Dow Jones, 72 funds have raised $7.5 billion in 2010, up 13 percent from a year ago. Angels may be swooping in where VCs fear to tread, but perhaps VCs are starting to venture out from behind the curtain.
The “Great Recession” has ended — or is in the process of doing so, depending on who you talk to or read — and the environment for free-flowing capital to the mouths of newborn entrepreneurs is not yet healthy.
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