Startup funding up in Florida, North Carolina, and Georgia, but lags in other Southeastern states

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U.S. startup funding is heating up in the Southeast, although not every state is seeing the same benefits.

That’s according to a report out today called “The State of Startups in the Southeast,” authored by BIP Capital, a venture capital and private equity firm based in Atlanta. The report details trends in venture capital funding over the past five years in nine states — Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia. BIP Capital used data from Pitchbook and CB Insights, current as of August 31.