Venture capital surges in 2010

Oregon companies attracted $106 million in venture capital during the first half of 2010, the most in four years.

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The first half of 2010 brought $106 million in venture capital to Oregon, part of a nationwide trend.

Promising startups such as Portland’s Home Dialysis Plus have helped attract long-absent venture capital back to the state.

Unlike Oregon’s neighbors to the north and south, Washington and California, venture capital has never been a major contributor to the state’s economic growth. Oregon draws venture capital at roughly half the rate of the nation as a whole and has built few enduring, venture-backed companies.

But Portland has a culturally vibrant entrepreneurial community and beyond this year’s VC haul there other are signs of renewed activity within the startup sector.


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