So many $20M+ Investment Rounds in Orange County?
27 Orange County tech and life sciences companies have raised $20M+ investment rounds recently for more than $1.58 Billion.
New research from JLL shows that in 2018-2019, there have so far been 27 funding rounds of $20 million and greater for Orange County tech and life sciences companies.
Details of these recent OC investment fundings include:
- 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 Records, IT, Fintech, Aerospace, Medical Devices, 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
https://www.us.jll.com/en/views/snapshots/orange-county-snapshot-6-19-19-jll
Thanks to Jason Lantgen of JLL for sharing this research, the graphic, and the good news!