Category: Tech Funding

Tech Funding IPOs Decline Amid Economic Uncertainty

Tech Funding and IPOs Take a Tumble in 2024: A Shift in the San Diego Business Landscape

  • Tech Funding and IPOs are less frequent in 2024, reflecting a national trend towards larger but fewer venture capital deals in Greater San Diego, with only 43 deals reported from January to July compared to 60 last year.
  • Despite the decline in the number of deals, significant funding rounds continue, including a $125 million raise by Platform Science and a $12.5 million seed round for Firestorm Labs.
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