Angels invested more money in fewer companies last year

According to Crunchbase Daily, Angel investment rose slightly in 2015, as investors backed fewer companies but put larger sums to work in the deals they did. Overall, angel investment last year totaled $24.6 billion, up 1.9% year-over-year, according to a report from the University of New Hampshire’s Center for Venture Research. A total of 71,110 entrepreneurial ventures raised angel funding last year, down 3.1% from 2014.