Most VC-backed funding rounds in Texas have historically been early stage startup financings.

Texas has made headlines in the past few years for being filled with innovation and opportunity for tech startups, with some new companies from the Lone Star State such as Abrigo, Iodane Software and Firefly surpassing $1bn valuation. Yet the majority of investable Texan businesses for VCs tend to be raising early stage rounds or are even younger.

Between 60% and 80% of all VC-backed funding rou...

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Kaloyan Andonov

Kaloyan Andonov is head of analytics at Global Corporate Venturing.