Venture Capital Champ
Oct/Nov 07
"California is the place for companies dependent on venture capital funding," says Thomas Loo, co-managing shareholder in the Los Angeles office of Greenberg Traurig. "VCs tend to make investments close to home so it's not too difficult to manage them. It's not a coincidence, for example, that a lot of Silicon Valley VCs make investments in companies located there. We have a wealth of capital in California."
Ernst & Young and Dow Jones reported a notable trend: continued diversification in life sciences investments, particularly with medical devices, which saw investments skyrocket to $1 billion in 75 deals. Information technology is also an investment darling. Since California holds the life sciences crown stateside and has built a reputation for hosting innovative technology companies, the report is good news for both established and fledgling companies there.
"For more than two years, we've seen steady growth in the amount of venture capital invested and the promising liquidity markets - on the public exchanges for technology companies and primarily in mergers and acquisitions for healthcare companies - look to be driving investor optimism," says Jessica Canning, director of Global Research at VentureOne. "Healthcare continues to attract nearly one-third of all venture capital dollars, and medical device companies, interestingly, are converging with biopharmaceuticals as a major draw for investors."
Project Announcements
Archer Plans Vernon, California, Production Operations
05/12/2025
OnSight Technology Establishes Folsom, California, Headquarters
07/25/2024
Takeda Pharmaceuticals Expands Los Angeles, California, Operations
06/17/2024
ThermoGenesis Holdings Establishes Rancho Cordova, California, Operations
10/28/2023
Reyes Coca-Cola Bottling Expands Rancho Cucamonga, California, Operations
09/08/2023
Trader Joe's Establishes Palmdale, California, Operations-Distribution Complex
07/14/2023
Bosch Establishes Roseville, California, Operations
04/28/2023
Solidigm Plans Rancho Cordova, California, Global Research-Development Complex
10/05/2022
Orca Bio Establishes Sacramento, California, Research Complex
09/15/2022
Toyota Motor North America Upgrades Long Beach, California, Manufacturing Plant
03/20/2022
Patriot Rail Plans Merced, California, Rail District Hub
02/10/2022
AutoZone Establishes Chowchilla, California, Distribution Hub
12/23/2021
South Korea-Based Pulmuone Expands Fullerton, California, Plant
12/15/2021
TurtleTree Opens Sacramento, California, R&D Campus
10/15/2021
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