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According to a new report, the life sciences sector accounted for 49.3% of total investment in Pittsburgh’s tech economy last year.
March 20, 2025
By: Charlie Sternberg
Associate Editor
A new report released by Ernst & Young LLP and Innovation Works, reveals that Pittsburgh’s technology ecosystem saw a record number of venture capital (VC) deals in 2024, with AI and life sciences companies leading the way. According to the report, 182 companies secured investments last year, up 33.8% over 2023. Institutional venture capital investment in the region reached a record high of $999 million, surpassing the previous annual total. The life sciences sector accounted for 49.3% of...
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