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Tri -Valley startups have raised capital from prominent venture groups like Kleiner Perkins, SoftBank and Venrock, corporate strategics like Aptiv (NYSE: APTV), Stripe and Guidewire (NYSE: GWRE), corporate venture groups like Google Ventures, Intel Capital and Airbus Ventures, as well as international groups from Canada, China and the Middle East. The most active investment group was Pleasanton - based Tri -Valley Ventures who made investments into eight early-stage companies Tri -Valley Ventures' Managing Partner, Greg Hitchan, believes that the record investment activity of 2018 will only continue to grow. "There are a lot early and mid -stage startups that are on track to either raise a meaningfully large round or even reach a successful exit within the next couple years. We saw a few already like lox [Genomics] and AEye, but $600 - $500 $400 $300 $200 $100 0 Private Investments by Sector ($M) 2015 2016 2017 2018 . Software & Services i Life Sciences .Other High Tech @Other Industries there's definitely more in the pipeline. At the early stage where we mostly play, when we talk with entrepreneurs, I see first-hand that more and more of them are choosing to start their business in the Tri -Valley. It's not having to commute two hours each way, the cheaper rent, the availability of senior -level talent around the area. It's starting to make a real difference." More companies in the region means more investments being made. Tri -Valley Ventures recently announced that they'll be raising their second fund to continue investing in Tri -Valley companies. "There is no shortage of promising companies in this area and I think that's pretty clear from how quickly and successfully we were able to deploy our first fund. We've invested in some, want to continue investing in a lot of them, and we know there's many more out there that could use our help. " 20% 0 Venture Deals by Stage 2014 2015 2016 2017 2018 012019 . Accelerator/Angel Early Stage/Seed . Later Stage PE Growth Equity 22