Although the tech sector saw a decline in venture capital raises in 2022, several Boston startups were pulled in hundreds of millions of dollars for their innovative work across renewable energy, cryptocurrency and sustainable agriculture. With 2022 in the rearview mirror, Built In Boston is taking a look back at the largest funding rounds of 2022. Totaling more than $3.1 billion, these funding rounds will fuel the growth of the Boston tech scene in the coming year.
#7. Hometap: $245 million, January 26
Instead of a conventional home loan, Hometap allows homebuyers to receive debt-free cash by selling a percentage of their home’s equity to Hometap. This investment from Bain Capital and Group 1001’s Delaware Life Insurance Company, went toward Hometap’s third institutional asset investment fund, which fuels the alternative loan funding and gives investors a chance to invest in residential real estate.
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