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Midwest Healthcare Startups Raise a Record Breaking $1.04 Billion in First-Half of 2016

Monday, August 8, 2016   (0 Comments)
Posted by: Kate Oesterle
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Cleveland, OH, Monday, August 8, 2016 โ€“ Midwest healthcare companies attracted $1.04 billion in new equity investments in the first-half of 2016, according to the BioEnterprise Midwest Healthcare Growth Capital Report. This is the largest amount raised in any first-half by the greatest number of companies since BioEnterprise began compiling its report in 2005.

Illinois ($261 million), Minnesota ($226 million), and Missouri ($143 million) led Midwestern states in attracting investment dollars. Chicago ($260 million), Minneapolis ($226 million) and St. Louis ($143 million) were the regional leaders.  

โ€œMidwest healthcare continues to perform at record levels, and as with other parts of the country, the software and services sector is clearly driving the surge,โ€ said Aram Nerpouni, president and CEO of BioEnterprise.

 

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