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Minnesota venture capital investments hit new low in 2010

The Business Journal's Katharine Grayson, who has been tracking venture capital investments in Minnesota, reports on the latest MoneyTree Report.

It's not good news: Venture capital investments in 2010 were the lowest on record since MoneyTree started compiling the report 15 years ago.

Nationally, venture capital investments were up 19 percent in 2010 compared to 2009. However, they were down 9 percent for medical devices, and Minnesota's concentration in that sector may help explain the drop here.

More at Grayson's In Private blog.
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