• Email Facebook Twitter LinkedIn A rising tide may lift all boats. • But lately it lifts California boats the most. • In 2025, only two states with a sizable venture scene saw a year-over-year gain in their share of U.S. • venture funding: California and Washington. • This held true even though several others, including New York and Texas, actually saw a pretty big bump in investment. • Well, last year saw adramatic upward swingin North American venture investment, with annual startup funding up 46%.
Article Summaries:
- In 2025, only California and Washington increased their share of U.S. venture capital, despite several other hubs-such as New York and Texas-receiving sizable absolute investment gains. Overall North American venture funding rose 46%, largely driven by artificial‑intelligence deals. California captured 64% of the total, with Washington following, while New York, Massachusetts, and Texas remained in the top five. Six states accounted for more than 2% of national funding, illustrating the concentration of capital in a few key regions. The article highlights leading deals in each state, noting AI’s dominance and the diversification of sectors across the top hubs.
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