Amount of venture capital raised by Maryland companies increases 142 percent in 2Q

Maryland companies raised $247 million in venture capital funding in the second quarter, the sixth consecutive quarter the state has raised at least $100 million. The state had 23 deals, up from 20 in the first quarter and 17 in the prior-year quarter, according to the PwC/CB Insights MoneyTree Report released Thursday. The total dollar amount was up 142 percent from $102.3 million a year ago but down 39 percent from $408 million in the fourth quarter. Mar yland ranked 11th nationally for number…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news