Type of Financing Jan $(M)

Public offering, 0

Private rounds, 91.0

PIPE, 25.5

Public/other, 187.2

Milestone payments and equity 54.3
investments from corporate partners

TOTAL ($M): 358.0


Public offering = Initial, follow-on

Private rounds = Financing of private firms

PIPE = Private Investment in Public Entity, shares sold at a discount to market

Public/other = Other financings of public companies, including loans, bridge financings, sales of business units, exercises of warrants, debt offerings, rights offerings, standard private placements and institutional offerings of registered stock

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