Startups

Washington, D.C., 10th-best location for venture capital investment

Baltimore is one of eight metro areas accounting for more than $100 million in venture investment.

This map traces the dollar value of venture investment across the U.S. (Map by Zara Matheson of the Martin Prosperity Institute.)

In 2012, there were 117 venture capital deals made in Washington, D.C., with $484 million going to a variety of tech startups. That’s a benefit reaching into Baltimore’s startup community.
It also makes D.C. the 10th-best location to find venture funding, according to research by the Martin Prosperity Institute and documented at the Atlantic Cities.
Additionally, the Northeast corridor from Boston to D.C. is beginning to flex its VC muscles, and the metro areas making it up — Boston, New York City, Philadelphia and D.C. — accounted for $6.2 billion in investment in 2012, or 23 percent of total VC funding in the U.S.
As for Baltimore:

Eight additional metros account for more than $100 million in venture capital investment: Salt Lake City, Cleveland, Houston, Detroit, Baltimore, Dallas, Portland, and Santa Rosa.

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

Our services Preferred partners The journalism fund
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

Tech lab space opening in new 4MLK building, thanks to $2M in public funds

EDA officials are ‘hopeful’ Tech Hubs program will live on under Trump

AI is being used in more and more of the hiring process, especially at high-volume companies

The US needs to train more cyber talent to keep the country secure

Technically Media