Updated: 2015 Was A Banner Year For Minnesota Tech: 104 Ventures Raised ~$388 Million


Redpath3[Update 2/11/15 @8:45pm – multiple sources have confirmed that Parker Hannifin’s investment into Exosite Q3 was $38.5m]

A strong fourth quarter pushed 2015’s cumulative funding levels in Minnesota’s technology industry to a new high.

For five years counting, we’ve been following the paper trail to bring clarity around the investment climate here.  This annual review underwritten by RedPath and Company serves as proxy for local funding activity, including: crowdfunding, accelerators, angel investments, venture capital, corporate strategic, and private/growth equity.

Overall we counted 104 unique companies that raised a combined ~$350  388 million dollars in 2015, making it the largest amount in a single year — ever.