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Missouri ranks 28th for total venture capital investment in Q2

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Venture capitalists poured $35.9 million into Missouri companies in the second quarter this year, up from just $8.6 million invested last quarter but down from $78.4 million invested in Missouri companies during the second quarter of 2014, when cloud-based technologies developer Lumeris raised$71 million.

That’s according to the MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association. The money was raised via six deals, most notably a pair of financings for St. Louis companies Clearent, which raised $25 million during the quarter, and Vasculox, which raised $7.3 million.

For the quarter, Missouri ranked 28th out of all states for total money invested. In terms of deal flow, Missouri tied for 24th among all states.

[St. Louis Business Journal]