Startups Blog

Recently Funded Startups: Tech Funding Stats for January, 2019

Written by Darren Wall | Feb 10, 2019 3:15:55 PM

In January, 2019 there were 325 new filings of funding rounds in the U.S. from companies that were classified as "technology", "other technology", "telecommunications" or "biotechnology". 

Some notable findings were:

  • In total, $2.51 billion was invested, excluding mergers & acquisitions.
  • $449 million, or 17.8% was invested in biotechnology; CA had $103 million of the $449, or 23%.
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  • The average funding round in the U.S. was $7.7 million (USD).
  • The median funding round was $1.4 million.
  • California was the leading state with 66 funding rounds.
  • New York was 2nd with 25 funding rounds.
  • Massachusetts was third with 23 funding rounds.
  • Texas was fourth with 20 funding rounds.
  • Colorado was fifth 17 rounds.
  • While Texas had $137.8 million in tech & biotech investment - $125 million of that, or 91%, was in Austin.

Source: Fundz