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SSTI updates key technology area investment data tool

March 07, 2024
By: Conor Gowder

Last August, SSTI released a data tool exhibiting investment activity across 18 key technology areas. The tool comprises two interactive visuals and a downloadable data file and uses Pitchbook technology verticals selected to align with many of the key technology focus areas defined in the CHIPS and Science Act. The tool breaks down the number of investment-backed companies, investment deals, and amount of capital invested by each state, year (January 1, 2013-December 31, 2023), and investment stage (e.g., seed, angel, venture). SSTI has updated the underlying data through December 31, 2023.

SSTI analyzed the 59 industry verticals Pitchbook collects investment data for, comparing them against the 10 key technology-focused areas (KTFA) defined by the CHIPS and Science Act and used in other innovation programs such as EDA’s Tech Hubs. Data was then reformatted for ease of use and built into the provided visualizations and downloadable spreadsheet.

The data used to develop this tool comes from Pitchbook and is published by SSTI with permission. Through SSTI’s Tech-based Economic Development (TBED) Community of Practice, supported by EDA, all organizations can access the data tool and download the underlying data.

Contact tbedcop@ssti.org with questions or for more information.

This data tool was prepared by SSTI using Federal funds under award ED22HDQ3070129 from the Economic Development Administration, U.S. Department of Commerce. The statements, findings, conclusions, and recommendations are those of the author(s) and do not necessarily reflect the views of the Economic Development Administration or the U.S. Department of Commerce.

investments, technology