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Texas VC activity
VC capital activity by state on the Carta platform in Q1 2023. [Graphic: Carta]
Carta Platform Sees Texas VC Activity More Than Double in Q1, as California Slips
by David Seeley | May 25, 2023
"It’s beginning to look like the recent growth of Texas could have a lasting impact on the VC ecosystem," Carta says in its Q1 2023 report, noting that Texas now ranks No. 4 among all states in capital raised on its platform. "In the recent past, California, Massachusetts, and New York formed an unofficial Big Three states for startup investors. Thanks to Texas, it’s now looking more like a Big Four."
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