Midwest Healthcare Startups Raise $777 Million in First Half of 2014
Midwest healthcare startups reported $777 million in total investments across 139 companies in the first half of 2014, according to the BioEnterprise Midwest Healthcare Venture Investment Report.
The totals are the highest recorded for the region both in dollars of financing and number of companies funded since BioEnterprise began compiling the report in 2005. Minnesota led the way in total financings ($184 million), followed by Ohio ($155 million) and Michigan ($114 million). Among regions, Minneapolis, Detroit-Ann Arbor and Cleveland were the leading areas for healthcare investment in the Midwest.