Silicon Valley Funding Totaled $23.7B In Q2, New Data Shows

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Summary List PlacementThe tech community has debated for months: Will Silicon Valley retain its status as center of the tech world post-pandemic? New data from CB Insights suggests the Bay Area is stronger than ever, with quarterly funding in the region up 93% year-over-year. Silicon Valley funding totaled $23.7 billion in the second quarter this year, according to the report. That's a slight drop from $25.2 billion in the first quarter, but still more than double any other US city. In comparison, the next largest totals were New York with $11.2 billion and Boston with $7.8 billion.

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