OC tech and life sciences companies attracting $20M+ investment rounds
In 2018-2019, there have been 27 funding rounds of $20 million and greater for Orange County tech and life sciences companies
June 19, 2019
- In 2018-2019, there have been 27 funding rounds of $20 million and greater for Orange County tech and life sciences companies, totaling $1.58 billion.
- The investment rounds were spread across several sub-sectors with Electronic health record, IT, Fintech, Aerospace, Medical device, Software, and Cybersecurity each reaching over $100 million.
- While these companies can be found throughout Orange County, there is a heavy concentration in Irvine with 17 of the rounds occurring at firms in Irvine, totaling $1.0 billion.
- Orange County has become an emerging tech and life sciences market with these industries now major drivers for the local economy and commercial real estate market.
Source: JLL Research, Crunchbase
You may also like
Shifts in the way people live, work and shop in a post pandemic world have forever impacted the industrial real estate sector
Chestnut and Walnut Street retail visits drop precipitously in Philadelphia during COVID-19 pandemic
Pressure from distressed New York retailers has softened landlord sentiment, allowing for lease restructurings