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Start-Up Quarterly Statistics, Q3 2013

 
• By Deanna Kamienski

Start-up fundraising for Q3 2013 totaled $559.4 million, down from last quarter’s big rally ($907.2 million) but still up from the sluggish first quarter ($398.7 million). More than half of that money went to biopharma companies, a group which also received investments through alliances with equity provisions.

In the third quarter of 2013, start-up companies brought in $559.4 million. Of the total, 67% or $377.2 million was attributed to biopharma fundraising. Medical device firms raised 56% less than Q2 (from $98.3 million to $43.0 million). In vitro diagnostic start-ups jumped to $139.2 million (compared to last quarter’s $36.1 million), but most of that money – $113.4 million – was the result of an initial public offering. (See Exhibit 1.)

Exhibit 1

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