Over 37 Minnesota tech ventures raised investment capital in Q2 2012
At least 37 early-stage Minnesota tech companies raised a cumulative $28m in financing during the months of April, May and June according to information collected and analyzed for the second quarter 2012 Capital Review.
The data set represents a proxy of local investment activity into IT/High Tech: Saas, web/mobile, hardware and robotics systems. It is imperfect, considering that there will always be undisclosed transactions and those which are off the record.