New report crowns the ‘Silicon Prairie’ capital
August 3, 2015 | Bobby Burch
The Windy City was again named the capital of the so-called Silicon Prairie region.
Chicago ranked No. 7 in the 2015 Global Startup Ecosystem Ranking, a report compiled by market research firm Compass. The United States dominated the list, which crowned Silicon Valley as No. 1, followed by New York City, Los Angeles and Boston, respectively.
The report analyzes such data as a metro’s investment performance and exit valuations, venture capital investments, tech talent availability and cost, international market reach and local gross domestic product.
Kansas City, and other cities in the Silicon Prairie, failed to enter the rankings. The prairie refers to several states in the Midwest region, including Missouri, Kansas, Nebraska, Illinois, Iowa, Minnesota, North Dakota and South Dakota. A few notable startup ecosystems in the prairie include Chicago, Kansas City, St. Louis, Omaha, Lincoln, Fargo and Des Moines.
Chicago snagging the Silicon Prairie’s crown should come as no surprise. The city’s metro population — more than 9.8 million people — tops all of the aforementioned cities’ populations combined.
Chicago jumped from No. 10 in 2012 to now No. 7, earning high marks for its market reach and startups that have surpassed $1 billion valuations. The report estimates that Chicago is home to 1,800 – 3,000 active tech startups and Chicago now has more than 40,000 tech jobs, 15,000 of which have been created in just the last four years.
International startup ecosystems that ranked in the report included No. 5 Tel Aviv, No. 6 London, No. 9 Berlin and No. 10 Singapore. To read the report, click here.
Featured Business
2015 Startups to Watch
stats here
Related Posts on Startland News
KC’s ‘Horn Doctor’ handcrafts jazz preservation, keeping soul, tradition alive on Vine Street
Across the historic intersection at Kansas City’s 12th and Vine streets, B.A.C. Musical Instruments operates as one of the few remaining American factories handcrafting professional brass instruments. “This is where all the musicians would hang out back in the day,” said founder Mike “Horn Doctor” Corrigan, gesturing toward the Paseo sunken garden beside his shop.…
Autotech startup revs after patent stall; signature tech removes emissions, waste from diesel logistics
Fresh fuel is pumping into NORDEF after the Kansas City autotech company finally received patent approval for its signature product, co-founder William Walls said, pushing the pedal on its mission to disrupt the automotive fluid industry. Four years after applying for a provisional patent for its technology to produce diesel exhaust fluid on-demand — and…
rOOTS KC grows into third location, planting shop in River Market ahead of World Cup
Initially setting its roots as a pop-up plant shop in 2020, Dee Ferguson’s leafy business has grown to three Kansas City locations. The secret is in the soil, she said, describing a strategy for cultivating customers through free, evergreen plant care support and “community-rooted spirit.” [pullquote] The name rOOTS comes from Dee Ferguson’s surname: Oots.…
Summer funding pushes CarePilot to team hires, AI accolades, healthtech product launch
Fresh off its summer capital infusion, a Kansas City-built AI startup that helps doctors focus on patients instead of administrative tasks is earning industry recognition and dropping another new product, said Joseph Tutera, sharing credit for the milestones with behind-the-scenes talent. “We have a young team and they don’t have the encumbrance of a prior…