This year has shaken up venture capital, turning a hot early start to 2020 into a glacial period permeated with fear during the early days of COVID-19. That ice rapidly melted as investor found that demand for software application and other services that startups offer was speeding up, pressing numerous young tech companies back into development mode, and financiers back into the check-writing arena.

Boston has actually been an exemplar of the pattern, with early pandemic care dissolving into rapid-fire dealmaking as summer season rolled into fall.

We collected new data that underscores the trend, revealing that Boston’s 3rd quarter looks very solid compared to its peer groups, and leads higher New England’s share of American venture capital greater during the three-month period.

For our October take a look at Boston and its start-up scene, let’s enter into the data and then understand how a brand-new cohort of founders is emerging amongst the city’s educational network.

A strong Q3, a strong 2020

Boston’s third quarter was strong, successfully matching the capital raised in New York City during the three-month duration. As we head into the 4th quarter, it appears that the silver medal in American start-up ecosystems is up for grabs based on what takes place in Q4.

Boston might begin 2021 as the number-two place to raise equity capital in the nation. Or New York City might pip it at the goal. Let’s inspect the numbers.

According to PitchBook data shared with TechCrunch, the city Boston location raised $4.34 billion in venture capital throughout the 3rd quarter. New York City and its city area managed $4.45 billion during the exact same period, an efficient tie. Los Angeles and its own city location managed just $3.90 billion.

In 2020 the numbers tilt in Boston’s favor, with the city and surrounding area collecting $12.83 billion in venture capital. New York City was available in second through Q3, with $12.30 billion in venture capital. Los Angeles was a remote 3rd at $8.66 billion for the year through Q3.

Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.