Venture capitalists invest US$56b in start-ups

SAN FRANCISCO: Venture capitalists poured US$15bil into start-ups in the third quarter, putting this year on pace to be the third largest ever for investment activity, according to a report.

So far this year, venture-backed companies have raised US$56bil across nearly 6,000 funding deals, according to a report from venture capital database PitchBook Data Inc and the National Venture Capital Association.