Startups
Investing / Startups

VC firms invested $1.5B in regional startups in 2013

A new MoneyTree Report shows that some of that funding found its way to Baltimore city-based startups.

Photo by Brady Dale

New data from The MoneyTree Report shows that venture capital firms invested more than $1.5 billion in the Washington, D.C., metro region over the course of 2013. Baltimore is included in those figures.
That $1.5 billion is more than double the amount invested by venture firms in the D.C. metro region in 2012, and it marks the “highest annual dollar total for the region since 2001,” according to a press release. (Which might be an early signal of a bubble, or more evidence of a continuing Series A crunch as startups funded in the early stages have trouble raising subsequent rounds of money.)
The report, from PricewaterhouseCoopers and the National Venture Capital Association based on data provided by Thomson Reuters, shows that some of that money made its way to several Baltimore city-based startups, including:

Companies: Pixelligent / WellDoc / An Estuary / Allovue / BOSS Medical LLC
Engagement

Join the conversation!

Find news, events, jobs and people who share your interests on Technical.ly's open community Slack

Trending

Baltimore daily roundup: Medtech made in Baltimore; Sen. Sanders visits Morgan State; Humane Ai review debate

Baltimore daily roundup: The city's new esports lab; a conference in Wilmington; GBC reports $4B of economic activity

Baltimore daily roundup: Find your next coworking space; sea turtle legislation; Dali raided and sued

Baltimore coworking guide: 21 spaces where you don’t have to work alone

Technically Media