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According to from Martin Prosperity, venture capital investment is heavily concentrated across several industral sectors. America's top five industries account for 76.3 percent of all VC investment across the nation, about $25 billion in total. Software receives the largest slice of the VC pie by far, accounting for 36.2 percent (almost $12 billion) while biotechnology comes second with 17.3 percent ($5.7 billion). Media and entertainment rounds off the top three with 9.5 percent ($3.2 billion).