Midwest Healthcare Companies Raise $1.8 Billion in 2014
Midwest healthcare companies attracted $1.8 billion in new investments across 243 companies in 2014 according to the BioEnterprise Midwest Healthcare Growth Capital Report. The totals are the highest recorded in both dollars and number of companies funded since BioEnterprise began compiling the report in 2005, surpassing the banner 2007 by 46 percent and 2013 by 135 percent.
Ohio ($499 million) and Minnesota ($406 million) led Midwestern states in attracting investment dollars; Minneapolis ($403 million) and Cleveland ($398 million) were the leaders among Midwest regions. In both states and regions the number of companies receiving funding decreased.