Florida remains middle-of-the-pack player in venture capital


When it comes to raising venture capital, Florida remains far behind California and Massachusetts, two states Florida expressly targeted when it invested more than $1 billion in public money to lure biotech labs.

According to Pricewaterhousecoopers’ MoneyTree report, Florida companies landed $157 million in venture capital in the first quarter of 2017. That ranks 11th among the 35 states that brought in more than $5 million in VC for the quarter.