Despite the pandemic, venture financing in San Diego continues to be strong. While later stage deals continue to dominate in the total dollars raised, earlier stage companies were still able to tap into venture capital funds despite the challenges presented by the pandemic. 2021 is off to a great start as well with a lot of capital available for companies with customer traction. I am telling all of my clients that you never know how long this will last so raise the money while it is available. Money is a strategic advantage - take advantage of this robust market!
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San Diego VC Financing is on a Roll!
Fueled by a barrage of big deals late in the year, San Diego startups raised a record $6.1 billion in venture capital in 2020, despite headwinds from the COVID-19 pandemic.