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Startup funding cooldown: Here are the stats for Seattle and the Pacific NW for the first half of 2022

GeekWire LogoGeekWire1 mo ago

Startup funding cooldown: Here are the stats for Seattle and the Pacific NW for the first half of 2022

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Tech startups in Seattle and the Pacific Northwest raised less than $4 billion in funding in the first half of 2022, down 20% from more than $5 billion in the first half of 2021, according to a new analysis of GeekWire’s startup funding list.

Angel investors and venture capitalists have been tightening their belts and urging portfolio companies to extend their financial runways.

The calculations confirm and quantify the impact of the economic slowdown on startups in the region.


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Article Details

Author / Journalist: Todd Bishop

Category: Startups

Topics: Batteries Biotech Fusion energy Trucking Fundings Startups Venture capital

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-01, 17:11:41

News Timezone: GMT -5:00

News Source URL: geekwire.com

Language: English

Reading Time: 2 minutes read

Article Length: 225 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 25829

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About GeekWire

GeekWire Logo

Main Topics: Startups

Official Website: geekwire.com

Update Frequency: 1 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 18h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #47

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