Local News

Genetown and Biotech Bay Reel in Series A Funds in 2022

By November 7, 2022No Comments

After reaching a record high in 2021, venture capital dollars have tailed off in 2022. That said, a few biopharma hotbeds have still seen sizeable launches and subsequent rounds.

When it comes to Series A funding by geographical region, the usual suspects have again cornered the market.

The Genetown region of Massachusetts has drawn the highest-funded new companies, while Biotech Bay (San Francisco and Northern California) has also seen a smattering of significant Series As. BioSpace highlights a few of the most lucrative launch rounds of 2022.