Ohio startups raised $500 million in Q2: See which Greater Cleveland companies made big deals

CLEVELAND, Ohio — Ohio companies nabbed $507 million worth of venture capital deals in the second three months of 2022, a strong quarter in what has been a mixed bag for venture capital across the U.S.

The money was spread across 48 separate deals, according to the Q2 2022 Venture Monitor, a report published by market data company Pitchbook and the National Venture Capital Association. The state is over the $500 million mark for just the fourth time since at least 2014.

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Story excerpt provided by Cleveland.com.

Written by Sean McDonnell.

Originally published July 18, 2022.