Venture Capital Investment
With a demonstrated capacity of generating new ideas, Central Texas is one of the top targets for venture capital investment in the country. In 2018, Austin companies garnered over 62% of all venture capital investment in Texas.
Venture Capital Investment in Austin Area Companies
Venture Capital Investment by Industry/Technology 2014-2018
AUSTIN MSA | UNITED STATES | ||
|---|---|---|---|
MILLIONS | % OF TOTAL | % OF TOTAL | |
| Automotive & transportation | $52.0 | 1.0% | 0.9% |
| Business products & services | $11.3 | 0.2% | 2.3% |
| Computers hardware & services | $267.8 | 5.3% | 2.9% |
| Consumer products & services | $105.8 | 2.1% | 2.1% |
| Electronics | $223.7 | 4.4% | 1.7% |
| Energy & utilities | $42.0 | 0.8% | 1.5% |
| Financial | $54.9 | 1.1% | 1.1% |
| Food & beverages | $218.3 | 4.3% | 1.1% |
| Healthcare | $261.8 | 5.2% | 18.9% |
| Industrial | $17.0 | 0.3% | 2.5% |
| Internet | $2,405.1 | 47.3% | 39.5% |
| Mobile & telecommunications | $792.1 | 15.6% | 16.7% |
| Software (non-internet/mobile) | $608.1 | 12.0% | 7.4% |
| Other | $21.8 | 0.4% | 1.4% |
| Total | $5,081.7 | 100.0% | 100.0% |
Source: PWC MoneyTree Report.
Note: Additional venture capital data is available via the Chamber's Economic Indicators page.