The Venture Capital investments during the month of August has seen 34 deals worth around $440 million, making it the second highest investment in a month during 2017. The VC investments in August has seen a growth of 140 per cent in terms of value, compared to $180 million investment during the month of July, this year. However, the VC investments during the month was lower by four per cent compared to the investment of $458 million in 37 deals during August, last year.The growth during the month compared to the previous month was led by growth capital while angel investments are still in a sluggish phase, according to data from Venture Intelligence, a research firm focused on private company financials, transactions and their valuations. August also arrested the two-month slide in deal activity which began in June, it said."The increase in value of investments in August was on the back of investors predominantly focusing on new rounds for existing portfolio companies - especially ...
Activity level was 7% lower compared to the preceding quarter
Health appointment booking companies attracted funds worth $315 mn from venture capital firms
Angel investments have seen a 14-month low in volume