Venture capital investments in the U.S. rose slightly during the fourth quarter of 2003, although they are still nowhere near the highs of the Dot Com bubble. Instead, investment levels seem to be evening out at pre-bubble levels.
By far the biggest category of investment (27%) was in life sciences (biosciences and medical devices). Software came next.
Health, i.e. life sciences, is big business for entrepreneurs and small companies, it seems.