Boston always prides itself on being #1 in everything, but in the most rapid growth in startup funding, Somerville is #1 not just in Massachusetts, but all of America. According to York IE, Somerville startups raised the most venture capital funding during Q4 of 2022. This ranking is all the more impressive when considering VC funding was down across the nation in 2022.
Four Somerville-based startups raised a combined $638,400,000 in the last quarter of 2022: Form Energy, Cellarity, LineVision and Owl Labs. You can read more about it here in Bostinno.
As a Somerville resident myself, I have a deep appreciation for what makes the city so special and an innate understanding of the market. Thinking of buying, selling or renting in Somerville? Contact me to get started.
Posted by Myles Couyoumjian on
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