Chicago minted 8 unicorn companies valued at over $1 billion in the first half of 2021 alone, bringing the total number of Chicago unicorns to 15. That number is rising quickly as the region expands the tech sector in logistics, AI, and healthtech.
News
The Midwest’s High Growth Tech Startups To Watch 2022: Ann Arbor
The Midwest is in a renaissance of technology companies, with Michigan at its center. Michigan now has the highest level growth of VC investment of any state this year, with 900% VC investment growth between 2016 and 2020. Ann Arbor isn’t the only tech hub growing in the Midwest, but it is a notable one, with 46% of the tech startups in Michigan located in this one college town, according to EntryPoint Michigan. In Washtenaw County alone, 43 startups in 2021 attracted $215 million in venture capital funding.
Funding, News
Midwest High Growth Tech Startups to Watch 2022: Chicago
Chicago minted 8 unicorn companies valued at over $1 billion in the first half of 2021 alone, bringing the total number of Chicago unicorns to 15. That number is rising quickly as the region expands the tech sector in logistics, AI, and healthtech.
News
The Midwest’s High Growth Tech Startups To Watch 2022: Ann Arbor
The Midwest is in a renaissance of technology companies, with Michigan at its center. Michigan now has the highest level growth of VC investment of any state this year, with 900% VC investment growth between 2016 and 2020. Ann Arbor isn’t the only tech hub growing in the Midwest, but it is a notable one, with 46% of the tech startups in Michigan located in this one college town, according to EntryPoint Michigan. In Washtenaw County alone, 43 startups in 2021 attracted $215 million in venture capital funding.
Announcements, News
FastTrack: SE Michigan’s Fastest Growing Companies in 2021
Ann Arbor SPARK’s a2tech360 FastTrack Awards were held tonight to celebrate the fastest growing startups coming out of Washtenaw and Livingston counties in Southeast Michigan. These “gazelles” are startups with rapid year over year growth defined as 20% increased average revenue for 3 years starting from a base of $100,000. These awards do not include metro Detroit or other areas of Michigan, so this is not a comprehensive list of the fastest growing companies in Michigan overall.
Announcements, News
Music Streaming Startup Biscuits N Groovy Combines The Joys of Collecting with Crypto Tech
Ann Arbor’s startup scene continues its growth with so many new startups we can’t cover them all. A unique new offering from young serial entrepreneur Alison Elgass is a crypto-based music streaming service called Biscuits n Groovy.
News
Columbus Emerges As Fintech and Insurtech Startup Hub
Columbus, Ohio, has been showing signs for the past few years that it is a growing Midwest tech hub. Why? Like other Midwest cities, Columbus has invested in developing an entrepreneurial ecosystem that can support new businesses. And, like emerging tech and startup hubs Ann Arbor and Detroit, Columbus is building its new entrepreneurial ecosystem around industries that are already strong locally.
Announcements, News
Michigan Rises In Business Rankings, VC Funding
In mid-July, financial marketplace Credible ranked Michigan as #2 state in the nation for post-pandemic economic recovery, based on the economic recovery initiatives pushed by Governor Whitmer. These included the base for the Economic Jumpstart Plan, which involves critical support for small businesses, startups, and main street businesses who were often left out of business loans during the pandemic.
Announcements, News
Clarivate To Acquire Proquest
London, UK, May 17, 2021—Clarivate plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced a definitive agreement to acquire ProQuest, a leading global software, data and analytics provider to academic, research and national institutions, from Cambridge Information Group, a family-owned investment firm, and other partners including Atairos, for $5.3 billion, including refinancing of ProQuest debt. The consideration for the acquisition is approximately $4.0 billion in cash and $1.3 billion of equity. The transaction, which is subject to customary closing conditions, including regulatory approvals, is expected to close during the third quarter of 2021.
News
Want To Learn How To Invest in Cryptocurrency? Benzinga Launches News & Tutorials For Crypto Investors
Are you curious to learn about cryptocurrency and how to invest in crypto? You’re not alone. The interest is so intense that Detroit’s investment news media outlet Benzinga has launched a stock market news service designed purely for educating cryptocurrency investors. The traffic for cryptocurrency news has quadrupled in recent weeks, according to Luke Jacobi, Benzinga’s Director of Operations.
News, Tech News
10 Ann Arbor Startups To Watch in 2021 (pt 2)
Despite the pandemic, more startups have launched in Ann Arbor, Michigan, this year alone than we have space to list here. Many Ann Arbor startups have been around for a few years and are now starting to experience rapid growth. Here is the second half of our article on 10 growing Ann Arbor tech companies that you really have to watch if you’re looking for a tech job or hoping to invest in Midwest tech startups in 2021.
News
10 Ann Arbor Startups To Watch in 2021 (pt 1)
Despite the pandemic, more startups have launched in Ann Arbor, Michigan, this year alone than we have space to list here. Many Ann Arbor startups have been around for a few years and are now starting to experience rapid growth. Here are 10 growing Ann Arbor tech companies that you really have to watch if you’re looking for a tech job or hoping to invest in Midwest tech startups in 2021. Technologies developed by these startups are central to current trends in remote work and communications, connected vehicle technology, cancer treatment and other biomedical technologies, quantum sensing tech, enterprise data management, government data analysis, wind energy, and food supply chain innovation.
