Deal count is down, but Arizona’s VC investment surges in second quarter


Even though the national venture capital scene this year isn’t as supercharged as it was in 2021, it showed signs of strength during the second quarter, and Arizona was no exception.

The latest quarterly Venture Monitor report released Thursday by research firm PitchBook and the National Venture Capital Association showed that Arizona companies sealed 39 VC deals during the second quarter of 2022, down from 44 in Q1 and down from the 47 recorded in the same quarter a year earlier.

But even…

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