Today, I take a look at the state of venture capital and angel funding during the month of August, both in New York and nationally. Analyzing some publicly available data from our friends at CrunchBase, we break down the national aggregate statistics for all funding deals by stage of funding (Angel/Seed, Series A, Series B, and Series C+, as well as venture unspecified rounds less than $10M).
ONE MINUTE TAKEAWAY:
August, traditionally the slowest month for funding of the year, was quite busy with funding activity in the city and nationally. In New York, close to $600M was invested in startups across all rounds. Fueling the growth was strong early stage activity in the city with 29 deals at the seed and Series A levels.
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