In 2021, the USA and Canada added 479 new unicorns to their paddock, Europe added 124 and Asia 130. In a world where everything trots, counting horns may begin to look trivial. However, unicorns and scaleups remain an interesting indicator of a startup ecosystem's success.
Beyond economic output, having a critical mass of mature companies in an ecosystem creates a flywheel effect that has a fantastic impact on ecosystem growth. These unicorns and scaleups are the training grounds of many startup operators who go on to found new startups. We call them startup mafias.
✅ ❌ Impact tech myths debunked
“Impact startups will stay small and not create a significant number of jobs”...
“Impact is a nice-to-have, but not a growth driver”...
And other myths are debunked in this report on the State of Nordic Impact Startups, published in cooperation with Danske Growth.
The birthplace of tequila and mariachi, Jalisco brings that same inventiveness to its innovation ecosystem as well, being ranked #1 in the innovation sub-index measured by the Mexican Competitiveness Institute (IMCO) in 2022 and #1 nationally for patent applications.
The capital city of Guadalajara is the second largest city in the country and is one of the four largest economies in Mexico, representing 7.3% of the country’s total GDP in 2021.
📕 Can entrepreneurial ecosystems outside major tech hubs thrive? Co-founder of AOL Steve Case, answers the New York Times ahead of his book release: The rise of the rest.
💥 Tech start-ups and scaleups in Leeds have raised £288m already in 2022 as VC investment soars.
💡Startup Genome's GSER Fintech Edition is out! Check out these highlights from the Global Top 25 Ecosystems and read the full report.
UPCOMING EVENTS
🇩🇪 October 11, Berlin, Germany
The Marketplace Conference is the leading global event on all things marketplaces, bringing together leading founders, investors and operators in the field.
🇦🇹 October 19-20-21, Vienna, Austria
This edition of Wolves Summit taking place in Vienna, is all about connecting the CEE talent, tech, and innovation ecosystem to the global audience.
🇵🇹 November 1-4, Lisbon, Portugal
Web Summit 2022 will bring together 70,000+ people, and the companies redefining the tech industry.
🍁 November 17, Calgary, Canada The Start Alberta Tech Awards recognize contributions by individuals and organizations to Alberta’s innovation ecosystem and those significantly impacting the province’s tech sector.
Know an insightful tech event in your region you would like to highlight?