Private Capital
Micro VC investments have grown by 62% in the past three years: Report
22 Feb 2021
With increasing entrepreneurship action and with startups needing
more risk capital to move from proof of concept to product-market fit, micro
VCs -venture investors filling the financing gap between an angel investment
and the first institutional round for startups- has grown almost 3x in the past
six years.
Considered as upstarts of the VC world, the number of Micro
VCs (investors with fund sizes of $30 million or less) has grown from 29 in
2014 to 88 in 2020, finds a new report by Praxis Global Alliance along with
Indian Private Equity and Venture Capital Association (IVCA).
The full article was originally published on Financial
Express