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NEWS BRIEF: Georgia startups set record in 2021

Venture capital earnings up

CL File
Photo credit: CL File
Startup companies in Georgia accrued more than $4 billion during 2021, doubling the 2020 amount and setting a record for raising funds in the state. The growth spurt comes despite woes associated with supply chain and labor shortages. The venture capital industry as a whole raised nearly $330 billion in 2021, twice as much as the $166.6 billion accumulated in 2020. bizjournals.com