The TECHdotMN Quarterly Capital Review provides a most comprehensive look at all things money in tech every quarter.
For five years running, we’ve been following the paper trail to bring clarity around Minnesota’s entrepreneurs and the investment climate. It’s compiled from multiple sources as proxy for capital, including: crowdfunding, incubators, angel investing, venture capital, corporate arm and private equity. It does not include public companies.
Consider this a worse case scenario as there are always undisclosed transactions not fully factored.
At least 40 different Minnesota tech ventures received ~$72m of investment capital during the second quarter of the year according to information collected and analyzed from April 1 through June 30, 2015.
Let’s take a closer look at what happened in Q2 2015: