Crunchbase released a report this week demonstrating a healthier status for VC funding in Q2 2017 than in five previous quarters. Inside The Q2 2017 Global Venture Capital Ecosystem notes that “with two successive quarters of growth…, as well as a growing appetite on the part of the public for shares in venture-backed startups, there’s a reason for cautious optimism going into the second half of the year”.Using data from the deals made in 2017, Crunchbase projected a 5.7% increase in Q2 from Q1 and almost a 9% increase from 2016, primarily driven by seed and angel rounds. Globally, the report projects that deal volume has increased by three percent, leading to 100 more companies receiving funding in this quarter and an increase of $400M in dollar volume in very young companies – a clear indication that the availability of seed and angel funding and early-stage investments is on the rise. The average seed/angel round in NYC for June ’17 was $1.6M, with almost 12% of early stage funding nationally went to NYC startups. Crunchbase noted that some of the most active VCs in Q1 have “literally doubled down on their investment activity” in Q2. This is a positive indicator for a recovery to the global VC ecosystem, and good news for the entrepreneurs of NYC. Read up on the detailed report here