Startups Blog

Recently Funded Companies: Insights from February Tech Fundings

recently funded companies map

In February, 2019 there were 228 new filings of funding rounds in the U.S. from companies that were classified as "computers", "other technology", "telecommunications" or "biotechnology". 

Some notable findings are summarized below:

  • In total, $1.65 billion was invested, excluding mergers & acquisitions.
  • 228 companies received funding, with 35 being biotech.
  • $217.5 million, or 13.2.% was invested in biotechnology
  • The average funding round in the U.S. was $6.6 million (USD).
  • The median funding round was $1.15 million.
  • California startups dominated with $790 million of the funding.
  • New York companies were 2nd with $192 million in funding rounds.
  • Massachusetts startup companies took third place with $158 million in investment.
  • Washington was fourth with $110 million.
  • Illinois rounded out the top 5 with $65.8 million.
  • The top 5 states took almost 80% of the tech & biotech related funding.

Topic : Startup Database

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