See which South Florida companies snagged the largest venture capital deals in Q3

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A Florida company snagged $1 billion – yes, billion – in venture capital in the third quarter, but, outlier aside, the period was the Sunshine State’s weakest VC cycle in more than a year, according to PricewaterhouseCoopers/CB Insights’ latest MoneyTree report.

Venture capital firms invested just under $85 million in Florida startups throughout the recent quarter, compared to $299.3 million the second quarter and $157.3 million in the first quarter, not accounting for Jacksonville-based Fanatics’ $1 billion fundraising round, led by SoftBank. (With the sports e-commerce company’s capital raise added to the balance sheet, Florida companies collectively received $1.08 billion during the July 1-Sept. 30 period.)