
Despite the pandemic-prompted recession in place, D.C.-area companies continued to land major venture capital dollars in the second quarter of this year. Overall, venture capital firms have already invested more than $1 billion into the region’s startups in 2020, and we’re only a little over halfway through.
Technical.ly recently reported that Adams Morgan-based Sorcero closed a $3.5 million bridge to a Series A, Arlington, Virginia-based Second Front Systems closed a $6 million seed round and Reston, Virginia-based careMESH closed on a $5 million seed funding round, for instance.
Other recent funding raises for Aquicore, RangeForce, Trilogy Mentors, Sayari Labs and Somatus range from $1.1 million up to $64 million. Here’s the info on those deals:
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