26
Jul
In startup circles, it’s popular to predict that funding to smaller innovation hubs will rise and that Silicon Valley will lose some of its dominance. In reality, however, that’s not how things are playing out. Certainly, at least, that’s not what’s playing out in Texas. Funding to Lone Star State startups in 2024 is on track to decline year over year, even as overall U.S. venture funding has been perking up, driven by record investment around artificial intelligence. Per Crunchbase data, Texas companies have raised just over $3 billion in seed through growth-stage financing so far this year. Of that,…