Venture capital firm have raised $8.8 billion in the second quarter of 2016, raising 67 funds according to Thomson Reuters and the National Venture Capital Association (NVCA). In the first half of 2016 126 funds have raised a total of $22.9 billion. This compares to the first half of 2015 when 129 funds raised a total of $18.6 billion. The 2016 year to date totals suggest that total fundraising will likely exceed $30 billion this year and could even reach $40 billion.
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