DC-Area Companies Raised Just Shy of $2B in VC Funding in 2020

The chaos of 2020 didn’t dampen venture capitalists’ deal activity in the D.C. region.

Collectively, companies in the D.C. metro area raised $1.957 billion over 162 deals for the year, according to the latest MoneyTree Report from PwC/CB Insights.

The latest report offers another data point in a trend that’s been playing out in recent years: More venture dollars invested in fewer companies.

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