MVCA 2011 Annual Report - Grand Angels
MVCA 2011 Annual Report - Grand Angels
MVCA 2011 Annual Report - Grand Angels
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IN MICHIGAN IN <strong>2011</strong>, THERE WERE...<br />
27 VENTURE fIRMS<br />
66 INVESTMENT PROfESSIONALS<br />
$3B TOTAL CAPITAL UNdER MANAgEMENT; $60M AVERAgE fUNd SIZE<br />
4 fUNdS CLOSINg; $348M RAISEd<br />
95 CURRENT VC-BACKEd COMPANIES<br />
$370M AVAILABLE CAPITAL<br />
93 OUT-Of-STATE VENTURE CAPITAL fIRMS wITh MIChIgAN INVESTMENTS<br />
3 PORTfOLIO COMPANY EXITS<br />
<strong>2011</strong> VENTURE CAPITAL fINANCINgS<br />
$191M VC INVESTEd IN MIChIgAN<br />
38+ INVESTMENTS<br />
22 NEw COMPANIES fUNdEd<br />
IN <strong>2011</strong> NATIONALLY,<br />
THERE WERE...<br />
842 VENTURE fIRMS<br />
6,125 INVESTMENT PROfESSIONALS<br />
$197B TOTAL CAPITAL UNdER MANAgEMENT<br />
ANgEL INVESTORS<br />
5 ANgEL INVESTMENT NETwORKS<br />
2 ANgEL fUNdS<br />
$9.5M <strong>2011</strong> ANgEL ANd<br />
PRE-SEEd INVESTMENT<br />
87 COMPANIES RECEIVINg<br />
ANgEL & PRE-SEEd INVESTMENTS<br />
MICHIGAN<br />
<strong>MVCA</strong> <strong>2011</strong> VENTURE CAPITAL REPORT 23