Orange County Q4 2022 Tech & Life Sciences Investment Overview

Tech & life sciences investment overview - Orange County | Q4 2022

Orange County innovation funding trends courtesy  of  JLL  Orange  County.

Amid global geopolitical conflicts and uncertainties, defense company Anduril once again captured the spotlight at the end of the year. Early December, Anduril received $1.48 billion in Series E funding, which is the largest amount ever closed in Orange County.

As a result, the total funding raised in Orange County in 2022 surpassed the total of the prior two years combined.

This investment also drove Anduril’s valuation up to $8.5 billion, almost doubling its previous valuation. Anduril indicated the funding will be utilized to accelerate its research and development efforts as well as to grow its current business line with the U.S. Department of Defense.

Click to enlarge the chart.

See the rest of this new report here.