Most of the $25.5 million in venture capital pumped into Maryland businesses in the second quarter went to just two companies and was primarily focused on later-stage firms, according to a new report.
The $25.5 million total, which was split among eight companies, was the smallest quarterly total in almost 16 years, according to the new MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters.