Analysis: January to June 2017
Global University Venturing’s last issue before the summer provides an opportunity to look back at the first six months of the year – as the data reveals, it has been a busy period with activity picking up significantly towards the end of the second quarter.
That increased activity, however, appears not to have translated into a boost for the total amount of capital raised compared with the same period last year. Although there were 44 deals in June, they amounted to only $365.3m of transaction value – a drop of nearly $90m from May.
Overall, both the first and second quarters of 2017 underperformed all quarters in 2016, when the lowest figure, the second quarter, was close to $1.4bn.
One factor remains constant – healthcare-related spinouts have made up both the largest number of deals and the biggest combined sums for every quarter since January 2016 – illustrating how important…
