Thursday, April 15, 2010
Report: Texas VC Investments Total $130.0M In Q1
The latest venture capital numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters, shows that Texas received $130.0M in venture capital in Q1 of this year, in 21 venture capital deals. According to the report, which was released this evening, the local totals were down a bit from Q4, when $189.1M was invested in the state.
Nationally, venture capital investments were down 9 percent in terms of dollars, to $4.7 billion, and down 18 percent in terms of deals, to 681 deals nationwide. Deal totals in Texas were also down, to 21 deals down from 30 deals in Q4.