The first quarter figures are out for venture capital investing in Dallas-Fort Worth and the rest of the state. We take a look at how North Texas fared, with insights from some of the region’s top VCs.
With first quarter numbers now released, it’s time to take a look at venture capital activity in North Texas—specifically, what kinds of investments VC is chasing, and which sectors are hot. According to figures from Crunchbase, the region continues to attract interest in a variety of sectors from venture capitalists, with the Dallas area reaping the second most VC dollars in the state behind Austin and ahead of Houston in Q1. In the first quarter, Dallas companies raised $245.4 million in 18 deals, Crunchbase reports. Austin raised $493.8 million in 34 deals during the same period, while Houston lagged behind both with $44.7 million in nine deals.READ MORE AT DALLASINNOVATES.COM