Anecdotally — and you know how Portland loves its anecdotal data — it really seemed like there was a bit more investment capital announced at the beginning of the year. A few big rounds. A consistent trickle of earlier stage funding. It definitely seemed more noisy on the VC front. But now, we can be sure that it, in fact, was. Because we have data to back it up. From Pitchbook as shared by the Portland Business Journal.

In the first quarter investors put $171.7 million into Portland metro area companies across 25 deals. That compares with just $58.1 million invested across 23 deals in the first quarter of last year. The data is the latest from the Venture Monitor report from Pitchbook and the National Venture Capital Association.
Investment in the metro, which includes Vancouver, was also up from the fourth quarter, when there was $100.3 million invested across 23 deals.
For more on the dynamics of Venture Capital in the Portland metro — and Oregon as a whole — for 2025 Q1 with commentary from local VCs, visit “Portland VC activity climbs in Q1 with Voyager, OVF deals.”
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What about the Ampere deal?