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By Neal Bloom & Fred Grier
2022 Year in Review
Fred Grier and I used data from Crunchbase & Connect as well as news stories we’ve been sharing throughout 2022 to pull together a report for 2022. Check out Fred’s in depth article with insight from the data as well.
Overall, 2022 was a pretty good year in the 5 or 10 year average of San Diego years. While 2021 was a massive year for VC funds, 2022 still holds up as a lot of VC dollars found their way to San Diego Startups.
Total VC Funding:
2022 – $4.8B
2021 – $9.4B
2020 – $5.3B
How many of them were tech?
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- 128 total tech deals
- 77 total biotech deals
- 51 total tech/consumer deals
And there were some large fundings:
14 of $100m+ fundings
- $625M National Resilience (bio)
- $225M Shield AI (tech)
- $200M Drata (tech)
- $160M Rayzebio (bio)
- $150M The Honest Kitchen (tech/CPG)
- $147M Aspen Neurosciences (bio)
- $120M Escient Pharmaceuticals (bio)
- $115M BIOLINQ (bio)
- $100M Events.com (tech)
- $100M Powerflex Systems (tech)
- $104M Nalu Medical (bio)
- $102M Plexium (bio)
- $102M Capstan Therapeutics (bio)
- $101M Endeavor Biomedicines (bio)
Read more in our 2022 Tech Year in Review here:
Cheers!
