Pittsburgh bucks national trend of downturn in VC and private-equity tech investment


Stock market declines, interest rate increases and fears of a recession are having an impact on venture capital and private equity investment in tech around the country. But some regions are seeing increased activity. One of those regions is Pittsburgh.

In this year’s third quarter, venture capital investment in Pittsburgh’s tech sector totaled $171.96 million across 19 local firms. While this year’s number of deals at the nine-month benchmark are slightly lower than last year’s—73 rather…

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