Gray Plant Mooty Publishes Fourth Edition of the Seed Capital reVIEW
The Seed Capital reVIEW Report for the first half of 2015 is now available.
The report, completed by the Gray Plant Mooty Entrepreneurial Services Practice Group with the support of the Minnesota Department of Employment and Economic Development (DEED) and LifeScience Alley, offers a breakdown of survey results relating to seed capital raised by companies in Minnesota during the first half of 2015.
For the fourth edition of the Seed Capital reVIEW report, the group analyzed survey responses from 52 separate financings by early-stage companies in Minnesota. The report summarizes data from the current survey period and, where appropriate, discusses identifiable trends over the last two years.
As with prior surveys, the most active industries for raising start-up capital in the Minnesota continue to be medical/healthcare, technology and cleantech/biotech, with a particular emphasis on medical healthcare in the current period, likely the result of the promotion of the survey by LifeScience Alley to its members during the current survey period. More key findings and metrics can be found throughout the report.
The firm plans to circulate the next survey for deals completed in the second half of 2015 early in the first quarter of 2016. In the meantime, we hope this information helps facilitate more successful seed transactions for Minnesota’s emerging businesses.