Venture capital investments take a dive in second quarter; Minnesota's share drops to 1.1 percent.(BUSINESS) From: Star Tribune (Minneapolis, MN) | Date: July 30, 2002| Author: Feyder, Susan | COPYRIGHT 2002 Star Tribune Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Byline: Susan Feyder; Staff Writer

A significant drop in investment in software and medical device firms sent venture capital funding in Minnesota down more than 50 percent in the second quarter, the lowest dollar amount for the state in more than four years.

Fifteen Minnesota-based businesses received just $60.6 million in venture capital in the second quarter, compared with $124.5 million in the previous period, according to the PricewaterhouseCoopers/Ventur...

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