Austin emerges as a city of unicorns and tech giants | TechCrunch

Austin made headlines in 2021 for being “the place” for startup founders and venture capitalists alike to set up shop. That’s why TechCrunch has chosen to shine a spotlight on the city with a special episode of TechCrunch Live centered on the growing startup scene in Austin, Texas.

As Austin’s skyline expands, the city continues to solidify its standing as a tech hub. And the numbers are there to back it up.

VCs invested over $5.5 billion across 412 deals in 2021, more than double the amount of capital invested in 2020, according to PitchBook data. Rounds are getting larger, too, signaling a further maturing of the market: All of the top 10 deals for Austin in 2021 amounted to $100 million or more.

Full Source: Austin emerges as a city of unicorns and tech giants | TechCrunch

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