The Silicon Peach continues to be ripe: Atlanta’s enterprise ecosystem stands robust

Atlanta’s enterprise ecosystem is wanting fairly peachy.

In H1 2022, Atlanta corporations raised $1.6 billion in funding, based on a current PitchBook report. If the second half of the 12 months is similar, it locations town on observe to almost hit the $3.7 billion in capital it raised final 12 months. One other promising signal is that seed-stage deal quantity seems to have remained constant 12 months over 12 months, which alerts wholesome financial circumstances for startups. There have been 56 seed-stage offers in H1 2022, surpassing the 50 closed in H1 2021.

TechCrunch performed a metropolis vibe test with these within the Atlanta space to see how the ecosystem is faring. The decision? The Silicon Peach is doing simply high-quality. Lisa Calhoun, a normal associate at Valor Ventures, stated town was essentially the most promising of any metro space in america. Her fund invests broadly all through the South and continues to be actively negotiating time period sheets within the metropolis.

“The enterprise capital alternative within the South is healthier than it’s ever been,” Calhoun advised TechCrunch. “A whole lot of new founders are beginning corporations at astonishing charges; when it comes to deal stream, we’ve by no means had a lot.”

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