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2022 Year in Review

by Neal Bloom

It’s the end of 2022 and we’re excited to review a bit how the year went.

We’re seeing a continued increase in private company fundings over three years now:

2022: $3.4B

2021: $2.3B

2020: $1.8B

2022 did get a big boost from the recent Series E funding of Anduril of $1.5B. The data does show a solid spread of fundings at each stage.

Number of fundings per stage:

PreSeed: 12

Seed: 36

Series A: 12

Series B: 10

Series C: 5

Series D: 2

Series E: 2

Series F: 1

This is promising to see early stage companies continue to get funded and we’re excited to see what 2023 holds for the region.

Cheers,

Neal

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