Startups in the state of Nebraska are increasingly catching the attention and investments of investors in startup hubs like Silicon Valley and New York City.
Securities and Exchange Commission filings and data from New York-based venture capital database CB Insights show at least 23 Nebraska-based startups attracted around $43 million in investments last year.
Leaders from state funds and investment groups say momentum is growing behind the state’s startup community and what some investors might perceive as local weaknesses — midsize markets with a dearth of options for multimillion-dollar investments, for instance — might actually help local startups attract outside capital in some cases.
“If you’re that firm trying to commercialize technology out of Stanford, you’re competing with a lot of venture capital and institutional money. That money now realizes there’s a lot here (in Nebraska) and they can make money here,” said Mark Crawford, CEO and investment manager at Invest Nebraska, a Lincoln-based nonprofit.
Tags: Venture Capital, Venture Capital Firm, Venture Capital Group, Venture Capital Industry, Venture Capital Investment, Venture Capital Investor, Venture Capital Fund, VC Funding, VC, Nebraska Startups, Silicon Valley, New York City, Securities and Exchange Commission, SEC, New York, New York Venture Capital, CB Insights, Nebraska, Startup, Start-Up, Stanford, Mark Crawford, Invest Nebraska, Lincoln.