Insights

North Carolina’s venture capital ecosystem demonstrated notable resilience and strategic depth in 2025, even as broader national trends raised important questions about the health of early-stage startup formation. Total venture funding reached $3.4 billion—a 7% increase over 2024’s $3.2 billion and a remarkable 108% above 2023 levels—marking the fourth time in five years the state has surpassed the $3 billion threshold.