During the second quarter of 2015, start-up companies raised a total of $2.61 billion, $130 million less than last quarter's record-breaking total. Biopharma companies pulled in the majority, an impressive $2.47 billion, 45% resulting from public start-up fundraising (PIPEs, IPOs, follow-ons). Medical device firms raised $70.2 million and in vitro diagnostics companies added $67.7 million.
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