Georgia Tech’s ATDC Incubator Reaches $1B in Venture Funding

The Advanced Technology Development Center (ATDC) within the Georgia Institute of Technology announced its affiliated companies have received more than $1 billion in venture capital funding since 1999. Amassed from 160 separate deals, the amount represents 15 percent of the total venture capital in Georgia, about one out of its every five deals in the state.

 

Taking a closer look at the numbers over the past eight years, 75 companies at the ATDC received funding from 139 separate venture capital investors. Ten of these companies raised more than $25 million, and 56 percent of the deals came from outside of Georgia.

 

Considered one of the nation’s most successful technology incubators, the ATDC is a component of Georgia Tech’s Enterprise Innovation Institute, which is the school’s primary organization for economic development and technology commercialization. Since its creation in 1980, the incubator has developed 112 companies, with locations in the cities of Atlanta, Savannah, and Warner Robins.

 

The center's website is http://www.atdc.org/.