July 2016 Archives

VC funding is down, but one NYU endeavor is on the rise

Following global trends, New York saw a significant decline in the number of venture capital deals executed in this year's second quarter. According to New York Business Journal, only 178 projects received VC funding between April and June - the lowest quarterly tally since Q4 of 2011. The news isn't necessarily negative, however. While the number of deals is down, the average deal valuation - $23.9 million - is up nearly 20 percent from a year ago.

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