Home BloomBites Bloombites: Q2 Funding Data and Tech Coast Angels Fund | 8/4/20

Bloombites: Q2 Funding Data and Tech Coast Angels Fund | 8/4/20

by FBT Team
Happy August. Time continues to warp. Meanwhile, companies have been busy meeting consumer demand or pivoting during the pandemic; keep it up! Data from Q2 of 2020 from Connect, CBRE, and Fresh Brewed Tech shows that fundraising was grooving on all cylinders with over $1 billion raised for San Diego companies between April and June. Some were making up for a paused March fundraising environment, while some other companies are having strong growth as the country continues to grapple with Covid-19.
Speaking of capital, local Tech Coast Angels San Diego chapter is opening its capital call to invest in the latest annual fund. TCA ACE20 raised $3.7 million and deployed it into 19 companies within 10 months, on top of individual angel checks. Want to join in? Get in touch with Ashok Kamal.
I haven’t been hearing, “but there isn’t any local capital” as much lately. Have you? Honestly, reach out and let’s discuss. There’s always room to grow and improve. We have a lot going on in our tech ecosystem; listen in to the latest SD tech happenings in this week’s podcast!
Follow @FreshBrewedTech on Twitter for daily SD tech news.

Related Articles

Leave a Comment


Recruit directly from San Diego's tech community.

Stay ConnectedStay in the loop on all things tech in sunny San Diego with our biweekly newsletters.

Stay up to date on the latest insights into San Diego's tech community! Highlighting local leaders, connecting the great community and being your "one-stop" for all things technology.