The GEDC invests in projects that grow the economy and create jobs in Giddings, Texas. We are aggressively pro-business with a proven track record of helping businesses bring projects in on time and under budget. Click the map below to see the projects we have supported and how they have positively impacted our community.
Texas Startups Attract $10.55 Billion In Venture Capital Last Year
27 Jan 2022
According to a new report from data provider Pitchbook and the National Venture Capital Association, Texas startups attracted a record-breaking $10.55 billion in venture capital last year, up 123% from the $4.73 billion total in 2020. Back in 2011, the VC total for Texas was almost $2.87 billion.
“Texas’ venture capital record numbers for 2021 validates the state’s friendly, nurturing environment for startups from every industry and of every size,” said Robert Allen, President and CEO of the Texas Economic Development Corporation (TxEDC). “Investors continue to pump capital into Texas startups with the assurance that these businesses will thrive in the state’s robust entrepreneurial ecosystem.”