Angels in America: Early-stage investment rebounds | Wall Street Beat
Angel investment in early-stage companies is on the rebound, according to a study by the University of New Hampshire's Center for Venture Research.
Angel investors started to come out of their shells during the first half of the year with angel investments up more than 3% compared with H1 2011, according to research out of the University of New Hampshire, and medical device companies took the lion's share of the backing.
The medical device and equipment sector grabbed 24% of total angel investment during the first six months of the year, according to a study from UNH's Center for Venture Research.
Angels dropped about $9.2 billion on early-stage firms during the 6 months ended June 30, according to the study, marking a steady recovery since investment at all stages flatlined during the fiscal crisis in late 2008 and early 2009, according to the study.