Venture funding has slowed over the past year, but there are still opportunities for new technology companies to secure financing. While VCs are undoubtedly more selective and a lot fewer deals, they will soon be ready to get off the edge support for businesses in promising sectors. So, what sectors are stingy venture investors, the money? Biotech, pharmaceutical, diagnostics includes, medical designs and clean tech sectors were hot, that in the first quarter of 2009 declined, but many people still regard it as a bastion of the investment opportunity. After FierceBiotech. com, an online news site, industry, biotech financing in 2009, already exceeding raised the following for the full year 2008, by a surge in deals in the 2nd Quarter driven. “A biotech industry that we remain very enthusiastic,” said Mouli Cohen, entrepreneur and founder of the Innovation Fund Capital voltage. “This should be an incredible time of new discovery in life sciences and the next ten years to bring about unprecedented advances in the diagnosis and treatment.”
The clean tech sector rode the wave of venture investment in 2008, rakes in nearly 80 percent of all venture capital dollars. The sector has given the cold shoulder from VCs received so far in 2009, but according to a National Venture Capital Association survey said more than 60 percent of respondents said they expect to raise venture capital firms, their investment in clean technology over the next three years. “[Cleantech] is better than the rest of the venture capital sector – that is the feeling that the government has the political thinking of fundamental change driven by the new government,” said David Prend, a Managing Director and General NVCA partner in the venture – capital firm Rockport Capital Partners, in an interview with The New York Times. New media and social networking continues to play to grow in favor.
The social networking phenomenon has a new market for services and applications designed to generate with Twitter, Facebook, MySpace, LinkedIn, YouTube and other sites interface. Most recently, Twitter, the microblogging service has produced a number of VC-backed services, including search engines, URL shortening micropayment services and platforms that have increased exploded as more and more of these networks anywhere in the popularity of smartphones mobile applications. Facebook is approaching 200 million members worldwide and has become a popular platform for media sharing. It is no surprise that VCs view Facebook as a potentially game-changing global market and opting for developers and business funds, which could take advantage of this new frontier.
