Chicago is quietly becoming a hotbed of venture capital that fuels technology startups — not just in Chicago but across the country and in a wide range of industries. For example, did you know that Calm, SpaceX, and Coinbase all received funding from Chicago VCs? There are dozens of top VCs in the area that […]
As the Midwest startup ecosystem continues to grow, top investors from outside the region increasingly show that they are watching and want in — especially when a repeat entrepreneur is at the helm of a budding startup. To validate this assertion, my firm, Hyde Park Angels, decided to dig into the numbers. Between 2016 and today, coastal […]
As an investment leader in Chicago, I get asked about startup trends on a regular basis. Most often the question I’m asked is, “What is the strongest startup sector in Chicago?” It’s a hard question because one of Chicago’s core advantages nationally is that we are consistently strong everywhere (except when it comes to finding […]
Ten years ago, Chicago was not a major player in the startup ecosystem. Now, it’s one of the most important cities in tech. In fact, the overall Illinois rate of startup growth is 68.85%, and Chicago itself has been consistently ranked first for VC returns. It’s been named alongside Boston, Los Angeles, and Austin as one of […]
While there are a number of Midwestern cities that are home to promising health care startups, including Minneapolis and Chicago, Ohio is quickly positioning itself as a major player. The state has seen an influx of funding to health care and life sciences startups, and it produced one of the biggest Midwest startup exits of […]