The venture financing climate in 2017 has proven to be more favorable than in 2016, after October's total takings of $295.1m pushed the year's total deal value to date to $5.28bn, surpassing 2016's $5.14bn and even the $5.23bn recorded in 2015. And with two more months to go before the year is out, the gap will be widening even more, although by how much remains to be seen.
October saw 29 deals that raised $1m and over, as recorded by Medtech Insight's VC financing deal tracker. This is veering more towards the higher end of deal volume seen across the different months this year so far, which had July recording a whopping 35 deals and June 33