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.

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Business , venture capital , investment

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