Carlsbad companies receive the most Q1 venture capital funding

0 CommentsBy

COW_San Diego_economy_May 20 2016_blog

  • Carlsbad companies received more than 40 percent of first quarter VC funding with a total of $102,210,000. The Carlsbad deals include “early stage” companies like Acutus Medical and Thesan Pharmaceuticals. Other notable transactions include $45.7M in funding for Zavante Therapeutics in Del Mar Heights and $30.0M for Figtree in Scripps Ranch.
  • Overall, San Diego had a less than average performance in VC funding with only 21 deals totaling $253.5M, compared to the 10 year average of 31 deals and $278.6M.

Leave a Reply

Your email address will not be published. Required fields are marked *