On the heels of a job report showing triple digit job growth at venture-backed companies, National Venture Capital Association has urged Democrat and Republican leaders on Capitol Hill to create a visa for foreign-born entrepreneurs as part of the Let Immigrants Kickstart Employment Act of 2021.
However, medical devices haven't fared nearly as well. While biotech investment hit a 21-year high in 2015, medical device funding has dropped to just a quarter of healthcare dollars.
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"As more cities, states and municipalities dedicate greater resources to foster the growth of their local ecosystems, venture investors are taking notice and deploying capital across much larger areas of the country," said NVCA CEO Bobby Franklin.
M&A may seem hot in the life sciences, but that and IPO activity is starting to cool across all sectors, according to a new report from the National Venture Capital Association. The first quarter of 2015 saw less than 20 venture-backed IPOs since the first quarter of 2013. Independent of sector, when it comes to deal size, this quarter […]