H1 2020 Venture Capital Report

Despite a double black swan, Houston saw VC increase early in 2020!

Despite a dramatic 64% drop in M&A activity and very slight growth in venture capital funding nationwide, VC funding in Houston rose 7% for the first seven months of 2020, as compared with a year earlier with deal activity reaching $466.3M. This remarkable performance marks three consecutive years of strong growth in deal value in the tech innovation ecosystem–and comes despite the worst economic contraction in a century due to the COVID pandemic, and, in Houston, the additional effects of a crisis in Houston’s largest industry, energy. For more insights, check out the rest of the report below!