Monthly Archives: April 2003
Florida Start-Ups Find Outside Support Scarce
Florida start-up companies received $25 million in venture capital during the first quarter of the year, a slight increase from the fourth quarter of 2002 but only a fraction of what they garnered ayear ago, according to a national survey […]
Venture capital hits wall/ Investing dries up in first quarter
Venture-capital investments in Colorado Springs companies languished in the first quarter as financing deals nationwide fell for the 12th consecutive quarter. No locally based startup companies received venture capital during the first three months of 2003, according to the MoneyTree […]
Florida Start-Ups Receive $25 Million in Venture Capital in First Quarter
Apr. 29–Young Florida companies raised $24.9 million from venture capital firms during the first quarter, with 80 percent of the money in two later-stage deals for companies in Pompano Beach andMelbourne. The first quarter total was nearly 20 percent higher […]
First Quarter Ray Of Hope For Venture Capitalists ; Stakes In Several State Companies; Show A Slight Gain
Venture capital investments in Washington state companies gained slightly in the first quarter, providing a ray of hope for entrepreneurs and investors who have waited three years for the batteredstart-up market to rebound. Twenty-five companies – a third of which […]
Venture Capital in Florida Companies Stays Close to Eight-Year Low
Apr. 29–Venture capital invested in Florida companies hovered near an eight-year low during the first quarter as fund managers remained cautious about the economy in general and technology start-upsin particular. The closely watched MoneyTree Survey, to be released today, found […]
Colorado Venture Investments Rise 31 Percent in First Quarter, Survey Says
Apr. 29–The money well is pumping again in Colorado, though fewer companies are seeing the green. Venture capital investments in the state increased by 31 percent in the first quarter over the fourth quarter, according to the MoneyTree survey by […]
Austin, Texas-Area Companies See Venture Investment Take Dive
Apr. 29–The average size of Central Texas venture capital investments during the first quarter fell by nearly half from the previous year, although the pace of investment remained constant,according to data released Monday. Fourteen Austin companies raised $71 million during […]
Decline in Venture Investment Continues
Venture capital investment, which has been in a free fall for three years, fell even further in the first quarter of 2003 as economic uncertainty, war and other woes pushed down investment in new and fledgling companies to its lowest […]
Venture Capital Firm Linked to University of North Carolina Seeks Investors
Apr. 29–CHAPEL HILL, N.C.–A new venture-capital firm is aiming to amass between $20 million and $30 million to invest in fledgling companies based on technology developed at the University of NorthCarolina at Chapel Hill. Called Carolina Ventures, the new fund […]
Napster Suit Unnerves Venture Capitalists
SAN FRANCISCO (AP) – Venture capitalists didn’t need another reason to avoid high-tech investments – but two major record labels have given them one anyway. Still seeking retribution for Napster’s online file-swapping system, industry giants Universal Music and EMI are […]
Venture Capital Investment in Slump in San Diego County, Calif., Nationally
Apr. 29–Venture capital investment in San Diego County has hit its worst slump in six years, with only $121 million making its way to privately held startup companies in the first quarter. A study being released today says the grim […]
Venture Capital Scarce for Utah’s Tech Firms
Apr. 29–The latest paltry tally of investor dollars dribbling into Utah’s technology sector only underscores the need for a new state-backed $100 million venture capital fund, industry officialssay. For the first quarter of this year, Utah companies managed only six […]