Texas Startups Attract $10.55 Billion In Venture Capital Last Year
27 Jan 2022
News
According to a new report from data provider Pitchbook and the National Venture Capital Association, Texas startups attracted a record-breaking $10.55 billion in venture capital last year, up 123% from the $4.73 billion total in 2020. Back in 2011, the VC total for Texas was almost $2.87 billion.
“Texas’ venture capital record numbers for 2021 validates the state’s friendly, nurturing environment for startups from every industry and of every size,” said Robert Allen, President and CEO of the Texas Economic Development Corporation (TxEDC). “Investors continue to pump capital into Texas startups with the assurance that these businesses will thrive in the state’s robust entrepreneurial ecosystem.”
More Topics
In October, I found myself seated in an autonomous shuttle vehicle that’s part of the PAUL (Piloting Autonomous Use Locally) service launched by Site Selection’s home city of Peachtree Corners, Georgia, in partnership with T-Mobile 5G and Beep, an Orlando-based company that creates “multi-passenger, electric, autonomous mobility solutions.” Detrick Traylor,...
A ‘Sansdemic’ Is On the Horizon
Jan 24 2022A prerequisite for a high-quality workforce is people. To upskill employees, attract remote workers, or fill a skill gap through a community college program, you first need people. That may be rather obvious, but talent attraction and retention efforts have been built on the assumption that when it comes to...
AUSTIN, Texas — The Lone Star State ended 2021 with a second consecutive month of record-setting employment at more than 13 million jobs and an unemployment rate of 5%, the Texas Workforce Commission has reported.
“It’s important to note here that Texas has not only recovered from the economic...