Wyoming entrepreneurs see venture investment surge

7 articles · Updated · Cowboy State Daily · May 3

At a Riverton conference, Governor Mark Gordon highlighted 35 venture-style deals in 2024, up from 12 in 2019, while the Wyoming Business Council said last year added 11 deals.
Officials and founders credited Microsoft-backed gBETA Wyoming, whose alumni since 2020 have created more than 230 jobs and raised $42.7m, plus the state's accessible leadership and lighter bureaucracy.
Entrepreneurs said Wyoming still lacks angel investors for early rounds of roughly $50,000 to $200,000, a funding gap that can push high-growth startups elsewhere despite broader momentum in manufacturing and tech.

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