CLEVELAND, Ohio -- Venture investing in startup companies has picked
up through the first half of the year, following a dismal 2009.
Venture capitalists and angel investors in the 21-county region have funneled $36 million into 39 deals through June, JumpStart Inc. reported Wednesday.
That's up from $30 million and 24 deals the first half of 2009. For all of last year, venture investments totaled only $99 million in the 21-county region, after averaging a robust $249 million each of the previous four years.
The recession was a big factor as venture investors have pulled their horns in.
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