Nov 22, 2023

SF Bay Area Share Of Startup Funding Hits A Multiyear High

Posted by in category: robotics/AI

The share of U.S. venture funding going to companies in the San Francisco Bay Area hit a multiyear high this year, boosted largely by the AI boom.

Altogether, companies in the region pulled in $49.3 billion in seed through growth funding to date, per Crunchbase data. That represents approximately 41% of the entire U.S. total, the highest share in years.

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