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Fewer venture funds raise larger amounts in third quarter

Posted on October 14, 2008

The third-quarter data on venture fundraising is arguably old already, given all that's happened with the economy since the beginning of October, but for what it's worth, the latest data points to a trend of fewer venture funds raising larger amounts of capital. That's according to a report from Thomson Reuters and the National Venture Capital Association, which shows that some 55 venture funds raised $8.1 billion in the third quarter of 2008, compared with 83 funds raising $8.6 billion in the third quarter of 2007.While venture fundraising levels will probably be impacted by the ongoing fi...

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