Pittsburgh defies national slump in venture capital with a 54% jump in 2012 deals By Elise Vider on April 18, 2013 More evidence that Pittsburgh has emerged from the Great Recession: Bucking the national trend, Pittsburgh showed significant growth in venture capital in 2012, according to a new report by Ernst & Young and Innovation Works. Share Tweet Share via email Region(s): Categories Innovation Works, News, Venture Capital ↑ Top