Funding into Boston-based companies picks up in the second quarter of 2023

• The second quarter of 2023 has already marked an increase in funding which, so far, has been driven by debt/equity capital injections.
• Early and late-stage PE/VC funding along with IPOs remains historically low due to uncertainty surrounding the cost of capital related to federal monetary policy.
• Despite funding levels exceeding the quarterly average since 2015 this quarter, the Boston market is still well below the $10.1 billion post-COVID quarterly average with a month remaining in the quarter.

Source: AVANT by Avison Young, Crunchbase
Note: excludes unknown funding types.