HTX Funding Review: State of Venture in 2021

Houston venture capital investment tops $2 billion, more than triple previous records

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Highlights:

• Houston is the 3rd fastest growing early-stage tech ecosystems in the country: Deal count has surpassed 200 for the first time with a concentration at the earliest stages, a harbinger of future growth potential as new company creation continues to explode. This unprecedented increase in deal count was concentrated at early-stage venture and angel investment - with 151 deals under $5M, of which 64% were under $1M.
• Mega-deal Mania: 6 mega-deals ($100M+) emerged from the Houston ecosystem in 2021 -- three of which exceeded $300M. Houston’s flagship deals include Solugen, HighRadius, Vyripharm Biopharmaceuticals, Lancium, Axiom Space, and Cart.com – collectively representing the lion’s share of capital raised in 2021 ($1.3B).
• Growth Across Key Sectors: Healthcare and Information Technology continue to dominate Houston’s deal flow, each accounting for 30% of overall deal count.

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View the full report to see industry trends, M&A, and analysis by investment stage

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