Blog

Why Midwest Capital is Fueling Rockets, Electric Cars, and the Heartland

I’ve talked about how Midwest startups with coastal connections attract capital and why investors outside the Midwest want in. In fact, a recent analysis of PitchBook data shows that Chicago startups alone received $1.7 billion in venture capital funding last year through deals with at least one non-Illinois investor. While this is certainly noteworthy, what is perhaps more…

Why Michigan is the Midwest’s Most Improved Startup Community

PitchBook’s recent report on the 3 critical factors for a strong venture ecosystem — density, resources, and talent — led me on a quest to find where, beyond the typical major cities discussed in the venture world, we see these factors crystallizing in emerging ecosystems. I didn’t have to go far; my research led me across Lake Michigan to the…

Why Top VCs from Outside the Midwest Want In

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…

My Journey Into Supporting Midwest Startups

I’m a few weeks into my role as Hyde Park Angels’ new Director of Platform, and yet I didn’t plan to be here. In fact, my start in tech was unintentional—avoided even. My master’s thesis chair convinced me to consider a contract tech writing role at a former student’s startup, Arbor Networks. Although I was…

Illinois nonprofits hope mentors and real-world projects will improve diversity in STEM classes

Illinois has the unique distinction of producing more top STEM talent than almost any other state, and it continues to produce a record number of STEM degrees each year. But when it comes to the diversity of STEM talent, it’s a different story. A report from the Illinois Science and Technology Association found that in computer science, 16.7 percent…