COMPANIES NATIONALLY RAISED MORE CAPITAL!

Through an in-depth analysis of the national equity markets, Capital Hunter, Inc. (www.capitalhunter.com), a finance news and research firm, identified a significant increase in the amount of funding this past week.

SAN DIEGO, CA (PRWEB) September 19, 2003 -- Through an in-depth analysis of the national equity markets, Capital Hunter, Inc. (www.capitalhunter.com), finance news and research firm identified a significant increase in the amount of funding this past week over the prior weeks.

This past week Capital Hunter identified a total of 86 funding events globally that merit attention. Of the 86 companies globally that we identified, 63 of the funding events were by U.S. companies. 36 U.S. based companies are privately held and 27 are publicly traded companies; moreover, 51 of them raised equity capital and 12 secured debt financing. Total debt and equity financings in the United States increased this reporting period by 662% to $2.020 billion, compared to last week's $264.6 million.

Equity Investments by Geography:

A Washington DC company raised 21% of the total $688 million in equity raised in the United States this past week. XM Satellite Radio is a Washington DC based NASDAQ company traded under ticker symbol XMSR. The company is one of two FCC licensees to deliver satellite radio programming. XM inaugurated its coast-to-coast, digital-quality service with 101 channels of music, news, talk, sports, comedy and children's programming. The company has raised $150 million through a public offering of Class A Common Stock.

Equity Financings by Industry:

Software companies received 23% of the total $688 million in equity raised in the United States this period. The largest software deal reported this period was Kineto Wireless, Inc. a Milpitas, CA based early stage privately held company. Kineto Wireless, Inc. develops solutions enabling service providers to exploit the discontinuities resulting from the deployment of Wireless LAN technology. The company has raised $24 million in venture capital from Venrock Associates, 3i, Mitsui Company Venture Partners, SeaPoint Ventures, Storm Ventures, and Sutter Hill Ventures.

Equity Investments by Stages of Development:

Later stage companies raised 33.8% of the equity this period. Therion Biologics, Corp. was one of the largest later stage deals reported this period. Therion Biologics is a Cambridge, MA based biotech company that develops therapeutic vaccines for cancer and preventive vaccines for AIDS. The company raised $39 million in a private equity financing from philanthropist investor Hans-Werner Hector and other investors SAP AG, Hambercht and Quist Funds, and SR One Limited.
Venture Capital:
Venture capitalists in the United States invested 143% more dollars this past week compared to the week before and funded 28 Companies for a total of $345 million. The average venture capital deal size this period was approximately $12.32 million.

About Capital Hunter:

Capital Hunter tracks and reports on debt and equity financings for public and private companies nationally and internationally. Since 1995 our customers have used our services to identify potential customers, investors, and partners and to better understand the capital markets.

Fundings Used in This Capital Hunter Analysis:

Actuality Systems, FreshDirect, Precision Therapeutics, Adenosine Therapeutics, Genstruct, Princeton eCom, Aerogen, Gerdau, ProBioGen, Alfacell, Greenfield, Commercial Credit, Psychiatric Genomics, Alliance Resources Group, Health Science Group, Quallapy, Ambient, Home Bistro, Raindrop, Geomagic, AngioLink, iCognito, Ridgeway Petroleum, Argolyn Bioscience, Implant Sciences, Rifco, ArtiSoft, Inceptor, Sangart, Atreus Systems, Industrial Development, SinoFresh, AttachSTOR, Infinity, SMTEK International, Bioniche Lifesciences, IntelliVid, Storability Software, Certegy, Inyx, Sun HealthCare Group, Chimerix, Jungo Software Technologies, Tegal, Clarity Technologies, Kanisa Telecommunications Products, Computer Repair Systems, Kineto Wireless, Therion Biologics, Confluent Photonics, Laurel Networks, Top Layer Networks, Core Networks, MagiCorp Entertainment, TruServ, Cymfony, Maxima, United Road Services, Datec Group, Media100, Utimaco, Safeware, Daughery Resources, Metatomix, Vasco Data Security, Decuma, NanoOpto, Viisage Technology, Devlan Exploration, Nanophase Technologies, Viventia Biotech, DigitalThink, Nantero, Voice Mobility, EMI Group, New Dragon Asia, Wave7 Optics, Encelium Technologies, Nobel Learning Communities, Xcel Energy, Energy Producers, NuVista Energy, Xention, Environmental Power, Odyssey Logistics and Technology, XM Satellite Radio, Flowing Energy, PhatNoise    

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