Arkansas Raises More Than $100 Million in Venture Finance

Arkansas’ raised $100 million in venture capital. It also includes details like how it raised and what are the statistics and figures in risk capital investments.

Venture capital invested in NWA and Little Rock metro area companies

Arkansas companies raised a record $107.6 million in risk capital during 2021, an increase from $31.4 million raised in 2020. The approximated figures shared with Axios are from PitchBook which is a private equity database company.

Why it matters

Private funding provides startups and young companies resources to grow more rapidly. A rise in risk capital indicates investor confidence in the entrepreneurial community taking a stronghold in the state.

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Context

A disclaimer of different types. The numbers differ slightly from figures given by PitchBook and reported by Axios during the end of the third quarter. Frequently noticed between quarters, a few deals had changed to the dates of deal or value, and there were also new deals added, according to a spokesperson.

Arkansas Raises More Than $100 Million
Arkansas Raises More Than $100 Million

While the amount of investments quarter by quarter may not be affiliated, the total values have gone in the same direction.

By the numbers

Approximately 83% of the statewide total was invested in Northwest Arkansas companies in 2021. Companies in the Little Rock metro, which contains North Little Rock and Conway, got the rest.

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There were 21 deals announced in NWA and eight in the Little Rock metro. Risk capital deals in Austin, Texas, which is a contender for skill, startups, and risk capital, were valued at $4.8 billion last year.

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