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Deal counts in November drop across healthcare, IT, security and cleantech sectors

Venture investors have made fewer deals in the healthcare, information technology and cleantech sectors in November 2017 compared with the same month a year before, but the number of deals is up slightly in the cybersecurity sector.

Meanwhile, equity invested increased in November 2017 compared with November 2016 in all sectors, except for IT, which saw a sharp drop. That’s according to VCJ’s analysis of preliminary Thomson Reuters data.

The number of healthcare deals dropped to 43 in November 2017 compared with 81 the same month the year before. But equity increased to $1.03 billion, up from $800.64 million the year before.

Semma Therapeutics, which develops cellular therapies to treat diabetes, was the largest healthcare deal last month, raising $114 million from such investors as Arch Venture Partners, F-Prime Capital, MPM CapitalWuhan Zhongjin Wanxin Venture Capital Co, Eight Roads Ventures Europe, JDRF International and 6 Dimensions Capital.

The IT sector saw both deal count and equity fall in November 2017 compared with the year before. There were 166 IT deals, compared to 261 the year before, while total equity invested fell to $2.48 billion from $5.02 billion the year before.

Niantic, which creates games like “Pokemon Go,” raised the most equity in the IT sector last month, $198.77 million, from investors Founders Fund, Javelin Venture Partners, Meritech Capital Partners and Spark Capital.

That deal was the largest across all sectors in November 2017.

The number of security deals increased to nine in November 2017 from seven the same month the year before. Equity invested also increased to $67.10 from $62.97.

The largest deal in the sector was Reversing Labs US, which provides software solutions for threat detection and analysis and raised $25 million from Trident Capital Cybersecurity.

And while the number of cleantech deals fell in November 2017 to five, from 11 the year before, equity invested in the sector increased to $58.41 million from $55.54 million.

Aquam, which provides pipe management and renewal, was the biggest deal in the sector, raising $26 million from Csfb Private Equity Advisers and NewWorld Capital Group.

Below are the top deals in the healthcare, IT, security and cleantech sectors in November 2017.

Download Data:

Top-10-Information-Technology-November-2017

Top-10-Healthcare-November-2017

Top-10-Cleantech-November-2017

Top-10-Security-November-2017

Photo of buckets of money courtesy of ZargonDesign/iStock/Getty Images