[UPDATED] The 2018 Minnesota Tech Funding Report: 83 Minnesota Tech Ventures Raised $609m From 88 Investors
[Updated 1/29/2019 3:30 CST] – investors added. [Updated 1/25/2019 10:00AM CST] – charts & graphs added, top line figures adjusted.
At least 83 different Minnesota tech ventures received a combined $609 million dollars of investment capital from 88 unique investors during the year 2018.
This research underwritten by Dundee Venture Capital provides readers with unparalleled transparency into the funding facts that surround Minnesota’s tech industry. It’s compiled from multiple sources as proxy of local market activity: crowdfunding, incubators/accelerators, angel investments, venture capital, corporate arm and private equity.
Consider it a worse case scenario as there are always undisclosed transactions not included; therefore the actual figures are higher, although unknown.