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Venture Capital Priming Biotech-Tech Growth

BOSTON—A critical component to the success of a start-up or fledgling technology or biotech company is access to capital. For many, venture capital sources sometimes determine the pace of growth for many of these companies. In the first quarter of this year, more than $1.35 billion in venture capital financing found its way to Boston area companies.

By John Jordan | Updated on June 25, 2015

BOSTON—A critical component to the success of a start-up or fledgling technology or biotech company is access to capital. For many, venture capital sources sometimes determine the pace of growth for many of these companies. In the first quarter of this year, more than $1.35 billion in venture capital financing found its way to Boston area companies.

Brokerage firm DTZ reports that in the first quarter companies in the Boston suburbs obtained $577.8 million in venture capital financing, followed close behind by Cambridge, which landed $527.6 million. Firms in the City of Boston secured another $246.7 million in venture capital financing in the first quarter of this year, DTZ reports.

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