3 Nanotechnology: What’S Different?

Total Page:16

File Type:pdf, Size:1020Kb

3 Nanotechnology: What’S Different? NANOTECHNOLOGY The Business /<=:/->3@/=38 +89>/-289691C Series Editor Gabor L. Hornyak Nanotechnology: The Business, Michael T. Burke Nanotechnology: Education and Workforce Development, Gabor L. Hornyak Nanotechnology: Ethics and Society, Deb Bennett-Woods Nanotechnology: Health and Environmental Risks, Jo Anne Shatkin Nanotechnology: Legal Aspects, Patrick M. Boucher NANOTECHNOLOGY The Business Michael T. Burke Boca Raton London New York CRC Press is an imprint of the Taylor & Francis Group, an informa business CRC Press Taylor & Francis Group 6000 Broken Sound Parkway NW, Suite 300 Boca Raton, FL 33487-2742 © 2009 by Taylor & Francis Group, LLC CRC Press is an imprint of Taylor & Francis Group, an Informa business No claim to original U.S. Government works Printed in the United States of America on acid-free paper 10 9 8 7 6 5 4 3 2 1 International Standard Book Number-13: 978-1-4200-5399-9 (Softcover) This book contains information obtained from authentic and highly regarded sources. Reasonable efforts have been made to publish reliable data and information, but the author and publisher can- not assume responsibility for the validity of all materials or the consequences of their use. The authors and publishers have attempted to trace the copyright holders of all material reproduced in this publication and apologize to copyright holders if permission to publish in this form has not been obtained. If any copyright material has not been acknowledged please write and let us know so we may rectify in any future reprint. Except as permitted under U.S. Copyright Law, no part of this book may be reprinted, reproduced, transmitted, or utilized in any form by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying, microfilming, and recording, or in any information storage or retrieval system, without written permission from the publishers. For permission to photocopy or use material electronically from this work, please access www.copy- right.com (http://www.copyright.com/) or contact the Copyright Clearance Center, Inc. (CCC), 222 Rosewood Drive, Danvers, MA 01923, 978-750-8400. CCC is a not-for-profit organization that pro- vides licenses and registration for a variety of users. For organizations that have been granted a photocopy license by the CCC, a separate system of payment has been arranged. Trademark Notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe. Library of Congress Cataloging-in-Publication Data Burke, Michael T., 1946- Nanotechnology : the business / Michael T. Burke. p. cm. -- (Perspectives in nanotechnology) Includes bibliographical references and index. ISBN-13: 978-1-4200-5399-9 (alk. paper) ISBN-10: 1-4200-5399-X (alk. paper) 1. Nanotechnology--Industrial applications. I. Title. II. Series. T174.7.B87 2008 620’.5068--dc22 2008015831 Visit the Taylor & Francis Web site at http://www.taylorandfrancis.com and the CRC Press Web site at http://www.crcpress.com Contents Foreword: A Letter from the Editor ........................................................ xiii Preface ...................................................................................................... xvii Acknowledgments .................................................................................. xxiii Introduction ..............................................................................................xxv Part 1 Nanotechnology and New Business Opportunities Chapter 1 The Relationship between Technology Development and New Business Creation ................................................................3 New Technology = New Opportunity = New Business ..........................3 Resistance to New Technology ....................................................................6 Summary ........................................................................................................8 Endnotes .........................................................................................................8 Chapter 2 Some Technologies That Have Changed Society ................... 11 The Wheel .....................................................................................................12 Money ............................................................................................................ 13 Gunpowder ................................................................................................... 15 The Steam Engine ........................................................................................ 17 Mechanized Transportation ...................................................................... 18 Rapid Communication ................................................................................ 21 Recombinant DNA Technology ................................................................ 24 The Computer and the Internet .................................................................25 Summary ......................................................................................................27 Endnotes .......................................................................................................27 Chapter 3 Nanotechnology: What’s Different? ....................................... 31 What Is the Same? ....................................................................................... 31 What Are the Differences? .........................................................................32 Summary ......................................................................................................34 Endnotes .......................................................................................................34 Chapter 4 Where Do New Nanotechnology Inventions Originate? ...... 37 Universities ...................................................................................................38 Government Laboratories ..........................................................................39 The Corporate Environment ......................................................................40 Summary ...................................................................................................... 41 Endnotes .......................................................................................................42 vi Nanotechnology: The Business Chapter 5 Obtaining Rights to Nanotechnology Inventions .................. 45 Evaluation .....................................................................................................46 Negotiating Terms .......................................................................................49 The Term Sheet ............................................................................................ 51 Negotiating the Contracts ..........................................................................52 Summary ......................................................................................................53 Endnotes .......................................................................................................53 Chapter 6 Some Examples of Current and Potential Nanotechnology Businesses ............................................................. 55 Some Current Nanotechnology Companies ............................................55 Arrowhead Research Corporation ...................................................55 Unidym ................................................................................................56 Nanogap ...............................................................................................57 nanoresins AG .....................................................................................58 Obducat AB ..........................................................................................58 Anson Nanotechnology Group ....................................................... 59 Texnology Nano Textile .....................................................................60 Icon Analytical Equipment Private, Ltd. .........................................60 Nanopac ............................................................................................... 61 Potential Businesses .................................................................................... 61 Nanopiezotronics ................................................................................62 Nanothermoelectric Generation .......................................................63 Superconducting Materials ...............................................................64 Nanomachines ....................................................................................65 Other Possibilities ...............................................................................65 Summary ......................................................................................................66 Endnotes .......................................................................................................66 Part 2 How, Where, When to Start: A Practical Guide to Getting off the Ground Chapter 7 Business Structures: Advantages and Disadvantages .......... 71 Business Structures .....................................................................................71 The Company Concept ......................................................................72 Sole Proprietorships ...........................................................................72 General Partnerships ..........................................................................75
Recommended publications
  • Capital International Fund
    Capital International Fund Audited Annual Report 2020 For the year ended 31 December 2020 Société d’Investissement à Capital Variable organised under the laws of the Grand Duchy of Luxembourg R.C.S. Luxembourg B 8833 1RVXEVFULSWLRQFDQEHDFFHSWHGRQWKHEDVLVRIWKHÀQDQFLDOUHSRUWV6XEVFULSWLRQVDUHRQO\YDOLGLIWKH\DUHPDGHRQWKHEDVLVRIWKH prospectus accompanied by the latest annual report and the latest semi-annual report, if published thereafter. Capital International Fund Audited Annual Report for the year ended 31 December 2020 Contents Report of the Board of Directors of the Company to the shareholders .............. 2 Summary information ..................................................... 4 Results (unaudited) ....................................................... 17 Historical data ........................................................... 36 Portfolio breakdown ....................................................... 52 Schedule of investments ................................................... 76 Capital Group New Perspective Fund (LUX) ............................. 76 Capital Group Global Equity Fund (LUX) ................................ 88 Capital Group World Growth and Income (LUX) .......................... 94 Capital Group World Dividend Growers (LUX) ........................... 104 Capital Group New Economy Fund (LUX) ............................... 108 Capital Group New World Fund (LUX) .................................. 115 Capital Group Emerging Markets Growth Fund (LUX) ..................... 131 Capital Group Japan Equity Fund
    [Show full text]
  • Bryce Start-Up Space 2017
    Start-Up Space Update on Investment in Commercial Space Ventures 2017 Formerly Tauri Group Space and Technology Contents Executive Summary . i Introduction . 1 Purpose and Background . 1 Methodology . 1 Overview of Start-Up Space Ventures. 4 Overview of Space Investors .......................6 Space Investment by the Numbers ................13 Seed Funding . 14 Venture Capital . 15 Private Equity . 17 Acquisition . 17 Public Offering . 17 Debt Financing . 18 Investment Across All Types . 18 Valuation . 19 Space Investors by the Numbers ..................20 Overall . 20 Angels . 23 Venture Capital Firms . 25 Private Equity Groups . 28 Corporations . 29 Banks and Other Financial Institutions . 31 Start-Up Space: What’s Next? . 32 Acknowledgements .............................34 3 Executive Summary he Start-Up Space series examines space investment in the 21st century and analyzes Tinvestment trends, focusing on investors in new companies that have acquired private financing. Space is continuing to attract increased attention in Silicon Valley and in investment communities world-wide . Space ventures now appeal to investors because new, lower-cost systems are envisioned to follow the path terrestrial tech has profitably traveled: dropping system costs and massively increasing user bases for new products, especially new data products . Large valuations and exits are demonstrating the potential for high returns . Start-Up Space reports on investment in start-up space ventures, defined as space companies that began as angel- and venture capital-backed start-ups . The report tracks seed, venture, and private equity investment in start-up space ventures as they grow and mature, over the period 2000 through 2016. The report includes debt financing for these companies where applicable to provide a complete picture of the capital available to them and also highlights start-up space venture merger and acquisition (M&A) activity .
    [Show full text]
  • Building for the Future
    FEBRUARY 2019 CONSTRUCTION & TECHNOLOGY: BUILDING FOR THE FUTURE CONSTRUCTION & TECHNOLOGY: BUILDING FOR THE FUTURE ABOUT THE AUTHOR Navitas Capital is a venture capital firm focused on early-stage technology investments for the real estate and construction industries. Current and past portfolio companies include Katerra, PlanGrid (Autodesk), Matterport, Truss, HqO, Bowery, Aquicore, Livly, Gridium, View, Honest Buildings, Harbor, PeerStreet, Sweeten, Comfy (Siemens) and Can2Go (Schneider Electric). Navitas offers a unique perspective on the built world spanning multiple venture capital funds since 2011, as well as the partners’ own experience owning, managing, and developing over $1B in real estate assets. Navitas’ combination of venture capital & real estate experience, along with the ability to test and deploy cutting-edge technology across its own portfolio, creates a unique investment platform for its portfolio companies and limited partners. Beyond its own capital and real estate, Navitas helps startups scale rapidly by facilitating access to Navitas' network of industry leading LPs with global scale. Navitas’ investment strategy is to provide a combination of growth capital, industry expertise, and market access to high growth technology companies. Navitas is currently investing out of its second VC fund that includes anchor strategic commitments from a number of industry leading LPs. Please visit our website for more information. NORTHERN CALIFORNIA 1111 Broadway Ave. Oakland, CA 94608 SOUTHERN CALIFORNIA 9460 Wilshire Blvd. Suite
    [Show full text]
  • Start-Up Space Report 2020
    Start-Up Space Update on Investment in Commercial Space Ventures 2020 i Bryce Space and Technology brycetech.com CONTENTS EXECUTIVE SUMMARY ........................................... III INTRODUCTION. 1 Purpose and Background . 1 Methodology ...................................................1 OVERVIEW OF START-UP SPACE VENTURES. 3 TYPES OF SPACE INVESTOR ......................................4 SPACE INVESTMENT BY THE NUMBERS ...........................11 Seed Funding . 15 Venture Capital . 16 Private Equity . 17 Acquisition ...................................................18 Public Offering ................................................19 Debt Financing . 19 Investment Across All Types .....................................19 Valuation ....................................................21 Casualties ...................................................22 SPACE INVESTORS BY THE NUMBERS ............................23 Overall ......................................................23 Angels ......................................................27 Venture Capital Firms . 28 Private Equity Groups ..........................................31 Corporations . 32 Banks and Other Financial Institutions .............................33 SPECIAL TOPIC: CHINESE ACTIVITY IN START-UP SPACE VENTURES. 35 START-UP SPACE: WHAT’S NEXT?. 38 ACKNOWLEDGEMENTS. 41 ii brycetech.com Bryce Space and Technology EXECUTIVE SUMMARY Three significant trends are shaping the start-up space environment as we enter the 2020s. First, investors continue to pour large amounts
    [Show full text]
  • The-Business-Of-Venture-Capital-1
    The Business of Venture Capital By Jeff Weinstein November 5th, 2020 What is Venture Capital? • A subset of private equity (investing in private companies for a piece of ownership) financing. • Typically (but not exclusively) focused on early-stage high risk, young technology companies since those companies often have the highest growth potential. • Unlike PE, typically take minority stakes in companies and do not exert control. • Many of the most important companies in the U.S. (and virtually all its important tech companies) were venture-funded. History of Venture Capital • Business model began with whaling in the mid 1800s. • Unpredictable, high-risk, high-reward venture. • Returns follow a power-law distribution. Most ships would lose money, but a few were VERY profitable, making it a profitable endeavor on the whole. • Investors would collect large pots of money and diversify across multiple whaling ships to generate massive returns. • Average whaling vessel spent 3 years at sea! • Captains would be compensated by keeping a percentage of the profits. Origin of carried interest! Modern VC Structure • VCs are managed by General Partners “GPs”. • GPs typically put in 2% of the total fund as GP commit. • Typical VC fund charges “2 and 20” : 2% per year Management Fee, 20% Carried Interest • 10 year lockup + options for two 1 year extensions • 3-5 year investment period (sometimes higher fees up front that lower during “harvest period” • Capital is committed in entirety but only “called” in small tranches over first 3-5 years • Both carried interest and partnership gains are taxed as long-term capital gains (lower than ordinary incomes) History of Venture Capital • First VC “fund” in 1946 with ARD (American Research and Development) Corporation and J.H.
    [Show full text]
  • Responsible Investing in Tech and Venture Capital [PDF]
    TECHNOLOGY AND PUBLIC PURPOSE PROJECT Responsible Investing in Tech and Venture Capital Advancing Public Purpose in Frontier Technology Companies Susan Winterberg FACULTY DIRECTOR Laura Manley Ash Carter Karen Ejiofor Amritha Jayanti Joseph Fridman Sam Lambert Marta Zwierz PAPER AUGUST 2020 Technology and Public Purpose Project Belfer Center for Science and International Affairs Harvard Kennedy School 79 JFK Street Cambridge, MA 02138 www.belfercenter.org/TAPP Statements and views expressed in this report are solely those of the author and do not imply endorsement by Harvard University, Harvard Kennedy School, or the Belfer Center for Science and International Affairs. Design and layout by Andrew Facini Copyright 2020, President and Fellows of Harvard College Printed in the United States of America TECHNOLOGY AND PUBLIC PURPOSE PROJECT Responsible Investing in Tech and Venture Capital Advancing Public Purpose in Frontier Technology Companies Susan Winterberg FACULTY DIRECTOR Laura Manley Ash Carter Karen Ejiofor Amritha Jayanti Joseph Fridman Sam Lambert Marta Zwierz PAPER AUGUST 2020 About the Project The arc of innovative progress has reached an inflection point. Technological change has brought immeasurable benefits to billions through improved health, productivity, and convenience. Yet as recent events have shown, unless we actively manage their risks to society, new technologies may also bring unforeseen destructive consequences. Making technological change positive for all is the critical challenge of our time. We ourselves - not only the logic of discovery and market forces - must manage it. To create a future where technology serves humanity as a whole, we need a new approach. To this end, Harvard Kennedy School’s Belfer Center for Science and International Affairs has launched a new endeavor, the Technology and Public Purpose (TAPP) Project.
    [Show full text]
  • Topics in Entrepreneurial Finance FINC-UB61 | Spring 2016 | Tuesday-Thursday | Section 1: 9:30-10:45 | Section 2: 11-12:15
    Topics in Entrepreneurial Finance FINC-UB61 | Spring 2016 | Tuesday-Thursday | Section 1: 9:30-10:45 | Section 2: 11-12:15 Assistant ProFessor Sabrina T. Howell TAs: TBD Draft Syllabus (11/3/2015) CLASS OVERVIEW This course will explore how high-growth new ventures (i.e. startups) are founded and funded. We will initially focus on the entrepreneur’s perspective, and then shiFt to the financier’s perspective as we study the venture capital industry. Entrepreneurial finance is characterized by large amounts oF uncertainty, and one aim oF the course is to learn how to balance good qualitative judgment with quantitative valuation. Due to the inherently ambiguous nature oF many decisions that early stage investors and entrepreneurs face, this course will be less quantitative/mathematical than most Finance courses. IF you are uncomfortable with more qualitative/non-Formulaic approaches to problems, then this course is not For you. We will Follow a successFul startup’s path From opportunity recognition and company founding through the stages of new venture finance. Part I of the course takes the entrepreneur’s perspective. You will learn how to develop a business plan for a new idea and pitch it to investors. We will also develop the core skills oF valuation. Then we will study the venture capital industry and learn how VCs make deals with startups (Part II). The third part oF the course will examine experimentation in entrepreneurial Finance. In the final part oF the course, we will examine how entrepreneurs and investors realize returns, and discuss the IPO process (Part III). This course will use a mixture oF cases, lectures, and outside speakers.
    [Show full text]
  • Life Sciences Venture Equity Market Review: the Evolving Role of Crossover Investors
    Life Sciences Venture Equity Market Review: The Evolving Role of Crossover Investors June 2021 Securities offered in the United States are offered through Torreya Capital LLC, Member FINRA/SIPC. In Europe such services are offered through Torreya Partners (Europe) LLP, which is authorized and regulated by the UK Financial Conduct Authority. The Market for Equity Privates in Life Sciences TORREYA | PRIVATE LIFE SCIENCES VENTURE FINANCING MARKET REVIEW – JUNE 2021 2 Total Private Venture Financing Volume: 2000-2021 H1 Given volumes in the first half of this year, there is little doubt that 2021 will shape up to be the most active year in history for private financing activity in the life sciences sector. Total Volume of Private Biopharma, Diagnostics and Tools 50000 Financing Rounds by Year Jan 2000 - June 2021 600 (deals over $25mm, excluding medical devices, worldwide) 45000 523 500 40000 35000 373 400 356 30000 334 25000 300 20000 224 226 Transaction Transaction Count 184 200 15000 145 138 121 122 111 10000 109 88 97 96 81 72 100 Aggregate Aggregate Dollar Volume of Private Financings ($mm) 55 5000 40 35 23 0 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 H1 Transaction Count Dollar Volume ($mm) Source: Torreya analysis and records, CapitalIQ and Crunchbase TORREYA | PRIVATE LIFE SCIENCES VENTURE FINANCING MARKET REVIEW – JUNE 2021 3 Fresh Venture Capital Flowing into Life Science Sector We are on track to see record amount raised in life science venture capital in 2021.
    [Show full text]
  • Insurance Technology Four Trillion Dollar Industry Finally Goes Digital
    Insurance Technology Four Trillion Dollar Industry Finally Goes Digital Greg Roth, Partner Ben Howe, CEO Matei Sanders, Principal Catch the Wave . Insurance Technology is riding a wave of innovation and investment that is attempting to do in a few short years what the insurance industry itself has failed to do over the last decade: a complete digital migration across all business processes . With $4.6 Trillion in global annual premiums, or 5.6% of global GDP, the insurance industry is a highly attractive market where incumbents have been slow to embrace innovation . There are three competitive threats at work in the insurance market and they all point to Technology Disruption: (1) an explosion of well funded, InsureTech startups; (2) the feared entry of the B2C tech “titans” (i.e. Google, Amazon, Facebook, etc.); and (3) incumbents racing to adopt modern enabling technologies . Investors can sense the opportunity: InsureTech investments are up six-fold over the last five years across at all stages of funding . Whereas this first wave has primarily focused on distribution, a second wave is taking aim at how insurance products are designed, priced, and operated . Incumbents’ initial reaction has been to partner and invest mostly in enabling technology . These market forces point to increased M&A activity as customer demand will make InsureTech solutions key to an insurer’s customer acquisition and retention strategy (# of Private Insurance Tech Investments Ramping Placements) 200 173 150 122 100 91 63 46 50 28 0 2011 2012 2013 2014 2015 2016 Source: Capital IQ, CB Insights 2 Investment in Technology Pays Dividends Investment in Technology Translates to .
    [Show full text]
  • News Release
    News Release FOR IMMEDIATE RELEASE Media contact: October 2, 2019 Courtnee Coburn 929.243.1073 [email protected] TechCrunch Disrupt SF 2019 announces Startup Battlefield competitors Leading Technology Innovators and Investors Set to Judge World’s Top Technology and Startup Event SAN FRANCISCO — October 2, 2019 — TechCrunch, the leading technology media property dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news, today announced 20 participants will compete in Startup Battlefield at TechCrunch Disrupt San Francisco 2019. Each year, the event brings together tech titans, noted thought leaders and experienced entrepreneurs to offer unique insights into industry topics-of-the-moment. At the very heart of TechCrunch Disrupt, Startup Battlefield launches promising, under-the-radar companies from all over the world to a global audience on tech's biggest stage. TechCrunch Disrupt SF 2019 will be held at Moscone West in San Francisco on October 2-4 and will stream live on TechCrunch.com. The 2019 Disrupt SF Startup Battlefield participants are: ● Avalow: Avalow is the modern brand for home gardening, with self-watering garden hardware and mobile-first garden coaching. ● Civic Champs: A social enterprise focused on improving the volunteering experience for both volunteers and nonprofit organizations. ● CRIAM: CRIAM is a vitro diagnostic company focused on the point of care area, conducting blood analysis for blood type, sub-type, nutrients and diseases in a portable way. ● Delos: Delos is building a property insurance product for wildfire-exposed homes, leveraging new data, wildfire science and machine learning to create more accurate wildfire underwriting risk models. ● Leo Aerospace: Developing a dedicated delivery service for satellites.
    [Show full text]
  • Q4 2020 Pitchbook/NVCA Venture Monitor
    Q4 2020 In partnership with Annual VC investment tops Massive IPOs drive record year Established fund managers $150 billion for first time ever for VC exits find success during pandemic Page 5 Page 29 to push fundraising to new highs Page 31 The definitive review of the US venture capital ecosystem Credits & contact PitchBook Data, Inc. JOHN GABBERT Founder, CEO ADLEY BOWDEN Vice President, Research & Analysis RESEARCH CAMERON STANFILL, CFA Senior Analyst, VC KYLE STANFORD, CAIA Analyst, VC JOSHUA CHAO, Ph.D. Analyst, VC [email protected] DATA ALEX WARFEL Data Analyst Contents Report & cover design by JULIA MIDKIFF and MARA POTTER Executive summary 3 National Venture Capital Association (NVCA) BOBBY FRANKLIN President & CEO NVCA policy highlights 4 MARYAM HAQUE Senior Vice President of Industry Advancement Overview 5 CASSIE ANN KIGGEN Director of Communications DEVIN MILLER Manager of Communications & Digital Angel, seed, and first financings 7 Strategy MICHAEL CHOW Research Director, NVCA and Early-stage VC 9 Venture Forward Late-stage VC 11 Contact NVCA nvca.org Regional spotlight 15 [email protected] Deals by sector 16 Venture Forward MARYAM HAQUE Executive Director SVB: Why SPACs now? 20 Silicon Valley Bank Female founders 22 GREG BECKER Chief Executive Officer MICHAEL DESCHENEAUX President Nontraditional investors 24 DEVIKA PATIL Managing Director of Venture Capital Velocity Global: Slow the cash burn for portco global Relationships 26 SUSAN WINTER Head of Syndications expansion Contact Silicon Valley Bank Exits 29 svb.com [email protected] Fundraising 31 Q4 2020 league tables 33 Velocity Global Methodology 35 BEN WRIGHT Founder and Chief Executive Officer ROB WELLNER Chief Revenue Officer ANNIE THOMPSON President of Strategic Partnerships Contact Velocity Global velocityglobal.com [email protected] 2 Q4 2020 PITCHBOOK-NVCA VENTURE MONITOR Executive summary Despite facing macro headwinds from the COVID-19 pandemic for most of 2020, the US VC industry remained resilient on a broad level.
    [Show full text]
  • EARLY STAGE VENTURE CAPITAL TRENDS in NORTH AMERICA Alternative Assets
    EARLY STAGE VENTURE CAPITAL TRENDS IN NORTH AMERICA alternative assets. intelligent data. EARLY STAGE VENTURE CAPITAL TRENDS IN NORTH AMERICA Using the latest data from Preqin’s Venture Capital Online, we take a look at the early stage venture capital trends in North America, examining funds closed, aggregate capital raised and funds in market. Fig. 1: North America-Focused Venture Capital Funds Closed, Fig. 2: Aggregate Capital Raised by North America-Focused 2007 - 2017 YTD (As at July 2017) Venture Capital Funds Closed, 2007 - 2017 YTD (As at July 2017) 300 40 35 1.5 250 22 0.3 1.4 1.2 16 17 1.6 35 30 0.5 0.7 200 37 31 0.7 10.7 8 3.4 7.0 25 1.0 0.7 8.6 10 4 29 79 150 18 13 79 82 5.8 6.2 0.6 0.8 13 25 20 5 12 7 64 0.1 0.4 6.7 0.8 1.2 44 51 14 1.0 100 8 10 11 54 16 15 0.6 0.4 0.3 5.7 0.5 31 40 40 3.3 3.9 5.0 4.2 No. of Funds Closed of Funds No. 23.7 112 128 36 10 21.7 22.5 50 88 89 91 108 19.4 19.4 65 71 15.4 59 59 51 11.2 10.8 10.9 12.3 11.8 Aggregate Capital Raised Capital ($bn) Aggregate 5 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 YTD 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 YTD Year of Final Close Year of Final Close Venture Capital (Excl.
    [Show full text]