There are still a couple of months left in the year, but 2022 has already seen its fair share of startups around the Bay Area that have stumbled and shutdown or filed for bankruptcy.
Menlo Park-based SummerBio launched just a couple of months after the Bay Area went under shelter-in-place orders in 2020. The company developed an automated Covid-19 testing protocol that it claimed could process up to 110,000 tests daily, but with waning demand,