Maryland venture capital investment falls 70...

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Venture capitalists invested $300 million in Maryland companies in 2016, a 70 percent drop from $1 billion the year before. In the fourth quarter, venture capitalists invested $38.25 million in Maryland companies, down 93 percent from the same quarter a year before but up 46 percent from the third quarter, according to a PwC/CB Insights MoneyTree Report released Wednesday. There were 12 deals in the quarter, down from 16 in the same quarter last year. For the year, there were 55 deals in Maryland…