One word seems to describe the mood of venture capitalists in the Mid-Atlantic region.


In its quarterly report issued Tuesday, the Mid-Atlantic Venture Association said respondents reported deal activity as “strong,” and “increases” are expected in deal, deal flow and the size of funds raised.

Company valuations are increasing, and venture capitalists’ collective mood about equity markets is “generally positive,” the reported added.

VCs did predict a slight drop in merger and acquisition activity, however.

"Survey results this quarter illustrate stability in venture investing with consistent findings in many market indicators such as deal flow, fundraising and liquidity events," said Julia Spicer, executive director of MAVA. "With investors spending the majority of their time looking at new deals and intending to raise larger sized funds, as the number of deal proposals received increases, the future investment forecast in the mid-Atlantic region is very compelling."

Rather than report statistics about investments and fund raising, the MAVA is positioning its report as a gauge of future activity and investment trends.