These 10 Austin Tech Companies Raised the Most Funding in 2022


Last year was filled with many ups and downs for tech companies across the globe. Despite the hardships, several businesses still raised high-dollar funding rounds. In Austin, the 10 largest funding round were spread amongst tech companies in different industries, including artificial intelligence, climate tech, e-commerce and much more. Some even hit tech unicorn status with valuations well over the $1 billion threshold.

#8. SparkCognition: $123 million, January 25
Austin-based SparkCognition develops artificial intelligence-enabled technology for various industries such as gas, oil and transportation. In January, the company secured $123 million in a Series D round and became a tech unicorn with a valuation of $1.4 billion. The new funding came after SparkCognition acquired several startups. The company also planned to hire 150 employees in 2022.

Read the full article in Built In Austin here.


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