US Midwest

The new initiative follows the departure of Drive co-founder Mark Kvamme last year.

At the beginning of June, against a backdrop of the pandemic and protests against systemic racism, Loud Capital had a rare bit of good news.

The Midwest is more than farms and college football. It’s seen a fair amount of private equity activity over the last decade, and we’ve created a list of the most active PE investors in the region.

We focus on venture capital activity in three U.S. regions: Boston, Los Angeles and the Midwest. Highlights include: Capital invested in Boston-area biotechs reached nearly $3 billion; Three Los Angeles-area companies garnered $1 billion+ valuations, with one exceeding $15 billion; Median pre-money valuations in the Midwest jumped by 35% YoY.

To wrap up our 2Q 2015 recap series, we analyze venture capital activity in six of the most active U.S. regions: the Bay Area, Boston, New York, Los Angeles, the Midwest and the Pacific Northwest. Check out our breakdown of each region.