Silicon Valley Bank is back, and lending millions to Boston startups

By William Hicks • Published July 17, 2023 • Updated on July 17, 2023 at 9:51 am

SVB Financial Group, the parent company of Silicon Valley Bank, has its headquarters in Santa Clara.

Business appears to be back to usual at the beleaguered Silicon Valley Bank after its collapse earlier this year following a bank run, and subsequent acquisition by Raleigh-based First Citizens Bank.

SVB — whose name and operating unit First Citizens has retained — participated in two debt financing deals with Massachusetts companies in the first six months of 2023, according to data provided to BostInno by Pitchbook.

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