Progress for the Philadelphia Region in Venture Capital Rankings

selectgreaterphiladelphia.com

Earlier this month, Philly.com posted an article about the Philadelphia region’s rise in venture capital funding in recent years. Although Philadelphia is still behind venture capital behemoths like San Francisco and New York, the City of Brotherly Love rose to sixth in the nation for the number of deals made in 2015.

Proof of the city’s progress in venture capital merit can be seen in the capital dollars going into successful startups in the Philadelphia region.

A prime example is Oncora Medical, a Center City-based startup that received $1.2 million earlier this month in an early round of funding from investors from both Philadelphia and San Francisco.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s