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North Carolina’s Venture Boom: Key Insights from the 2024 Venture Report

In 2024, North Carolina experienced a remarkable surge in venture capital activity, with total funding nearly doubling (+95%) to $3.1 billion compared to $1.6 billion in 2023. This significant rebound signals renewed investor confidence, particularly within the tech sector, which accounted for over 79% of total funding. The tech sector’s impressive growth (+172%) highlights its central role in driving the state’s entrepreneurial ecosystem forward.

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Wyrick Robbins is honored to support CED's important work in driving innovation and creating a vibrant environment where life sciences and technology ventures can thrive.
Annalise Perry
Partner | Wyrick Robbins