Health care startups in Midwest, St. Louis, attract record venture capital

Photo by Nicole Lunger
Nicole Lunger/Misosuri Business Alert

Midwest health care startups raised $777 million from venture capitalists in the first half of 2014, a record since that type of funding has been tracked, according to research from BioEnterprise, a Cleveland-based bioscience development company.

St. Louis health care startups raised $85 million in the first half, the largest total since the figures were first tracked in 2010. Most of that funding came from Lumeris’ $71 million raise toward the end of the first half of the year, the largest single-company raise of the first half among health care startups.

Read more from the St. Louis Business Journal

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