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Looking back at a record-breaking year of VC funding for Maryland companies

January 3, 2022

The final numbers are still being tallied, but one thing is already clear: 2021 was a record-breaking year for venture capital fundraising in Maryland. The BBJ reported earlier this year that Maryland companies only needed three quarters to raise about $1.6 billion, surpassing the $1.26 billion raised in all of 2020, according to figures provided by the PitchBook-NVCA Venture Monitor report. The Greater Baltimore area was on the cusp of shattering its record, too, with more than $500 million in VC funding as of September.

Article Source: Maryland Inno

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