The venture capital scene looked bright in the second quarter of 2013, according to CB Insights, a venture capital database. Here are three of the biggest trends reported in this year's Q2.
The Hub defended its spot against New York as the second largest leader in VC funding this quarter. While NYC beat Mass. for early stage deals, Mass. had a number of large later stage deals that helped bring Boston up into the top two.
Healthcare did particularly well this quarter. Healthcare startups made up half of the IPOs this quarter. Early stage investment into healthcare grew to a five-quarter high. The $1.81 billion invested this quarter into health care was a 24 percent increase from last quarter, as well.
Cleantech's decline started to level out at last this quarter. In Q2 of 2012, the green tech sector saw $1.47 billion in investments. Since then, however, investments and deals have been steadily declining, until this quarter, which saw a small jump in funding with an increase of 14 percent to $465 million invested across 40 deals.
Here's a list of other notable national VC highlights from Q2:
- $7.0 billion was invested across 807 deals–The number of deals was down in comparison to the prior quarter and in past years, whereas funding was down 14 percent relative to 2012, but up marginally from Q1 of 2013.
- 22 venture-back companies made their IPO this quarter, resulting in an increase of 83 percent in IPOs vs. Q2 of 2012, and $144 vs. Q1 of this year.
- Social companies within the internet sector saw a mere two percent of the funding they saw in Q2 of 2012; however, business intelligence and mobile app development both had solid gains in deals and funding.
