Tech Coast Angels Invest More Than $9.7 Million in 31 Companies in 1H 2020

IRVINE, CALIF. (PRWEB) AUGUST 04, 2020

Tech Coast Angels (TCA) today announced that it invested $9.7 million into 21 new companies and 10 existing companies from the period of January to June 2020. Despite the global pandemic and economic crisis, TCA members continue to invest at a near-record pace—30% short of 2019’s record, yet still 33% higher than 1H 2018 and greater than every other year since TCA’s inception in 1997. This pace is higher than during previous economic cycles, which normally elicit a steeper decline at this point.

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