Dayton and Athens had the largest tech acquisitions in Ohio in 2021, a record-smashing year for venture capital deals and venture-backed companies nationwide.
Ohio tech companies raised a combined $2.4 billion in the year, double the $1.1 billion record set in 2020, according to the year-end Venture Monitor by PitchBook and the National Venture Capital Association. That’s still less than 1% of the national total of $329.6 billion – which was nearly double the $167 million record set the year before.
“While many were bullish on the industry at the start of 2021, possibly no one predicted how remarkable the year would prove to be,” the report said.
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Story excerpt provided by Columbus Inno.
Written by Carrie Ghose.
Originally published January 20, 2022.