"There needed to be a correction." Investment in San Diego startups drops by half in 2022
Coming off a record year in 2021, local startup investment declined by nearly 50 percent to $4.85 billion, according to the latest Venture Monitor data
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Coming off a record year in 2021, local startup investment declined by nearly 50 percent to $4.85 billion, according to the latest Venture Monitor data
The Q4 increase, while not enough to make 2022 surpass 2021's banner highs, still appeared to buck a nationwide trend of decline and normalization, as reported by PitchBook-NCVA. That report has its local critics, though.
Per PitchBook-NCVA's latest report, the region reversed its disappointing trajectory from 2021. How does that compare to national investment trends?
Investment dropped down to under half of last quarter's total deal flow. Baltimore-based investment leaders weighed in on what the national trends (and their regional manifestations) mean.
San Diego startups raise $1 billion in the third quarter but that’s a drop of 60 percent from last year’s record-setting pace