These 16 startups scored the San Francisco and Silicon Valley's biggest venture deals of 2022 - San Francisco Business Times

In terms of the number of megafunding rounds scored by Bay Area startups, 2022 started as the best of times but ended as as the worst of times in recent memory.

That drop-off came amid economic uncertainty, high inflation, rising interest rates and a sell-off in stocks — particularly those of tech companies — in the public markets, all of which weighed on venture investments. Despite all the talk about startups abandoning San Francisco, companies based in the City by the Bay accounted for a plurality of all the megadeals with seven. No other city in the region saw more than two such deals.The decline in megarounds is not just a local phenomenon. Nationwide, the number of such deals has fallen every quarter this year, PitchBook Data said in alast week.

However, a collection of factors may help balance that trend and boost the number of $100 million deals, it said.

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investment-grade office sales in the San Francisco metro area have hit a decade-long low - San Francisco Business TimesIt's another sign of distress for central business district office markets battered by the pandemic and remote work.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Investment-grade office sales in the San Francisco metro area have hit a decade-long low - San Francisco Business TimesIt's another sign of distress for central business district office markets battered by the pandemic and remote work.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Nobel winners Carolyn Bertozzi and Jennifer Doudna are paying it forward - San Francisco Business TimesTwo of the Bay Area's most recent Nobel Prize winners are at the center of growing scientific ecosystems that are spawning dozens of companies. They are also our 2022 Executives of the Year.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »