The Center for Venture Research at the University of New Hampshire just released its report on angel funding activity for the first half of 2011.
And the news is....good!
During the first half of this year, angel investments totaled $8.9 billion, an increase of 4.7 percent over the same period in 2010.
What does this mean in terms of number of companies funded by angels, and the number of angel investors?
Well, the study estimated that 26,300 entrepreneurs received angel funding during the first half of 2011. And the number of angel investors who funded these companies: a whopping 124,900 individuals.
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Author: Dave Lavinsky
