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The list of cities that receive the most venture capital is typically dominated by several cities in California and also features Cambridge, Massachusetts and New York, NY. These cities are the unsurprising usual suspects. At times, other cities make their way in but one city outside of the big 3 states that consistently appears on the top 10 cities of venture capital is Austin, Texas. In fact, on a number of venture capital deals basis, Austin ranked 4th in Q1 2010.
Austin’s venture capital strength comes on the back of diversity from both a sector and stage of investment perspective. The below graphs break down the city’s venture capital statistics by sector and series of investment.
More discussion about venture capital geographic trends can be seen at the following:
SoCal venture capital trumps New York and Rivals Massachusetts
Venture Capital Getting More Geographically Diverse
Massachusetts’ Venture Capital Gaining Share on California
To see Austin’s venture capital deals and the venture capital investors funding promising young companies in Austin, logon to CB Insights.