West Coast cities see the largest increase in life science related funding compared to pre-COVID levels
![Change in life science related funding by city](/documents/191207401/194486220/2023-09-21+Life+Sciences+Data+Bite.png/0a9dfd04-a9e7-2f8e-91ac-5219c4399533?t=1695330393128)
- When comparing funding into life science related sectors such as biotech, medical devices, diagnostics, and AI/digital health, cities across the West Coast have seen the largest increase when comparing the three years before the onset of the pandemic versus the three years after.
- While Cambridge, Boston, San Francisco and San Diego remain the largest recipients of funding year-over-year since 2017, Palo Alto, Houston, Mountain View and San Jose have seen the largest increases in funding since the start of 2020 to year-end 2022.
- Life science related funding has historically served as a demand indicator for lab, biomanufacturing, and the supportive office space needed to house non-research and development functions.
September 21, 2023