Allegro Opthalmics, a biotech based in San Juan Capistrano that’s focused on treating vitreoretinal diseases, has raised $10.7 million in VC funding. And Orange County isn’t the only region in Southern California that’s attracting venture investment—Los Angeles and San Diego are also home to their fair share of VC-backed startups.
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Since the beginning of 2015, 1,069 investors have participated in at least one of the 988 VC deals completed in Southern California, per the PitchBook Platform. Capital invested in the area has been on a steady upswing, reaching a decade-high of $5.6 billion in 2016. In the past two-plus years, 42% of capital invested in the region has gone to startups in the software industry, while 14.5% has gone to pharmaceutical & biotech companies.
Here are the top eight VC investors in Southern California-based startups since the start of 2015, along with their investment counts:
1. Tech Coast Angels (46)
2. Upfront Ventures (36)
3. Wavemaker Partners (34)
4. Third Wave Digital (31)
5. Greycroft Partners (27)
6. Crosscut Ventures (22)
T-7. Right Side Capital Management (20)
T-7. Bam Ventures (20)
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Article by PitchBook
