Log Out | Member Center



Report: VC deals, dollars down in Kansas in 2012

  • The Wichita Eagle
  • Published Thursday, Jan. 24, 2013, at 11:33 a.m.

Venture capital investing in Kansas was down in the fourth quarter and for the year, according to the PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report.

The report for Kansas showed there were three deals in the three-month period ended Dec. 31, 2012. They totaled $12.18 million.

That compares with 16 deals totaling $23.6 million in fourth quarter of 2011.

For the year, the number and value of deals in Kansas also declined from a year ago: 10 deals totaling $39 million in 2012 compared with 46 deals totaling $57.25 million in 2011.

Nationally, there were 3,698 deals totaling $26.5 billion in 2012, according to the report. That represented a 6 percent decline in deals and a 10 percent decrease in value — $29.5 billion — from 2011, the report said.

The three deals in Kansas for fourth quarter 2012 were:

•  $9.06 million to Kansas City, Kan.-based Aratana Therapeutics, an animal health drug development company.

•  $2.03 million to Lenexa-based TVAX Biomedical, a drug development company.

•  $1.1 million to Prairie Village-based InvenQuery, a software company.

The data for the MoneyTree Report is provided by Thomson Reuters.

Reach Jerry Siebenmark at 316-268-6576 or jsiebenmark@wichitaeagle.com.

Subscribe to our newsletters

The Wichita Eagle welcomes your comments on news of the day. The more voices engaged in conversation, the better for us all, but do keep it civil. Please refrain from profanity, obscenity, spam, name-calling or attacking others for their views. Please see our commenting policy for more information.

Have a news tip? You can send it to wenews@wichitaeagle.com.

Search for a job


Top jobs