Happy Friday.

I’ve been analyzing deal flow over the last month and its beginning to tell quite the story.

There was ~$1.93 Billion raised in the across 53 deals this week. July vs June shows signs that many are feeling that capital raising seems to be heating up as volume increased by 10%.

While tech has largely stayed flat (outside of the XRO raise) mining is increasingly heating up in volume. This has been seen across the market with some sectors entering into a bull market while others continuing a sluggish patter.

So from this week compared to last mining and healthcare increasingly are dominating and heating up while tech is remaining flat (it should be noted that the 93% decrease is mainly from the big capital raise XRO did).

Anyway without further ado lets get into what happened yesterday.