Laboratory Equipment
http://www.laboratoryequipment.com/news/2016/08/biotechnology-ranks-no-2-venture-capital-list?et_cid=5475858&et_rid=280879682&location=top&et_cid=5475858&et_rid=280879682&linkid=http://www.laboratoryequipment.com/news/2016/08/biotechnology-ranks-no-2-venture-capital-list?et_cid=5475858&et_rid=%%subscriberid%%&location=top
08/19/2016 by Michelle Taylor - Editor-in-Chief
Venture capital (VC) financing fuels our future by investing in small, early-stage companies and projects that may be destined to become the next Apple or Google. A new report from Martin Prosperity Institute shows venture capital is highly concentrated by industry. The top five industries (in order) are as follows: software, biotechnology, media and entertainment, medical devices and equipment and information technology services. According to the report, which uses detailed data from Thomson Reuters, these top five VC industries receive $25 billion in investment—more than three-quarters of the overall pie. If expanded to include the top 10 industries, we can account for more than 90 percent of all VC investment. The report focuses on the intersection of industry and geography for all VC investments.
For the purposes of this audience, let’s first look at the two pure science industries that made the top five—biotechnology and medical devices and equipment.
Hauling in $5.7 billion a year, or 17.3 percent of total investment, biotechnology ranks number two in the report. Venture capital investment in the biotechnology industry is clustered in three broad regions: the San Francisco Bay Area, the Boston-New York-Washington, D.C. Corridor, and Southern California.
Boston-New York-Washington, D.C. Corridor has a combined $2.3 billion in investment, roughly 40 percent of the sector. The San Francisco Bay Area (which includes San Francisco and San Jose) accounts for an additional $1.9 billion, 32.4 percent of investment. Finally, Southern California accounts for $563 million, roughly 10 percent of investment in this sector.
In terms of individual metros and cities, San Francisco tops the list with $1.8 billion in investment (30.8 percent). It is followed by Boston ($1.0 billion, 18.1 percent), San Diego ($477 million, 8.3 percent), and New York ($407 million, 7.1 percent). Washington, D.C. ($310 million, 5.4 percent) rounds out the top five.
Medical devices and equipment
Ranked fourth, the medical devices and equipment industry receives $2.3 billion a year in venture capital investments.
Geographically, according to the report, Boston tops the list with $370 million, or 15.8 percent of total investment. San Francisco is not far behind with $366 million. Other significant centers of investment are San Jose ($228 million, 9.7 percent), Los Angeles ($216 million, 9.2 percent) and Minneapolis ($168 million, 7.1 percent).
In terms of clusters, two large ones exist in California: the Bay Area, around San Francisco and San Jose, and in Southern California, around Los Angeles and San Diego. Outside the Golden State, a cluster exists around Boston and Minneapolis-Saint Paul.
Including results from software, media and entertainment, and information technology services, San Francisco dominates the VC investment landscape, topping the list in four out of the five leading sectors (all except medical devices, in which the city is second). San Jose ranks in the top three in four different industries, while New York sits in the top three in three industries.
Read the full report here. http://martinprosperity.org/media/Startup-US-2016_Industrial-Clusters.pdf
http://www.laboratoryequipment.com/news/2016/08/biotechnology-ranks-no-2-venture-capital-list?et_cid=5475858&et_rid=280879682&location=top&et_cid=5475858&et_rid=280879682&linkid=http://www.laboratoryequipment.com/news/2016/08/biotechnology-ranks-no-2-venture-capital-list?et_cid=5475858&et_rid=%%subscriberid%%&location=top
08/19/2016 by Michelle Taylor - Editor-in-Chief
Venture capital (VC) financing fuels our future by investing in small, early-stage companies and projects that may be destined to become the next Apple or Google. A new report from Martin Prosperity Institute shows venture capital is highly concentrated by industry. The top five industries (in order) are as follows: software, biotechnology, media and entertainment, medical devices and equipment and information technology services. According to the report, which uses detailed data from Thomson Reuters, these top five VC industries receive $25 billion in investment—more than three-quarters of the overall pie. If expanded to include the top 10 industries, we can account for more than 90 percent of all VC investment. The report focuses on the intersection of industry and geography for all VC investments.
For the purposes of this audience, let’s first look at the two pure science industries that made the top five—biotechnology and medical devices and equipment.
Hauling in $5.7 billion a year, or 17.3 percent of total investment, biotechnology ranks number two in the report. Venture capital investment in the biotechnology industry is clustered in three broad regions: the San Francisco Bay Area, the Boston-New York-Washington, D.C. Corridor, and Southern California.
Boston-New York-Washington, D.C. Corridor has a combined $2.3 billion in investment, roughly 40 percent of the sector. The San Francisco Bay Area (which includes San Francisco and San Jose) accounts for an additional $1.9 billion, 32.4 percent of investment. Finally, Southern California accounts for $563 million, roughly 10 percent of investment in this sector.
In terms of individual metros and cities, San Francisco tops the list with $1.8 billion in investment (30.8 percent). It is followed by Boston ($1.0 billion, 18.1 percent), San Diego ($477 million, 8.3 percent), and New York ($407 million, 7.1 percent). Washington, D.C. ($310 million, 5.4 percent) rounds out the top five.
Medical devices and equipment
Ranked fourth, the medical devices and equipment industry receives $2.3 billion a year in venture capital investments.
Geographically, according to the report, Boston tops the list with $370 million, or 15.8 percent of total investment. San Francisco is not far behind with $366 million. Other significant centers of investment are San Jose ($228 million, 9.7 percent), Los Angeles ($216 million, 9.2 percent) and Minneapolis ($168 million, 7.1 percent).
In terms of clusters, two large ones exist in California: the Bay Area, around San Francisco and San Jose, and in Southern California, around Los Angeles and San Diego. Outside the Golden State, a cluster exists around Boston and Minneapolis-Saint Paul.
Including results from software, media and entertainment, and information technology services, San Francisco dominates the VC investment landscape, topping the list in four out of the five leading sectors (all except medical devices, in which the city is second). San Jose ranks in the top three in four different industries, while New York sits in the top three in three industries.
Read the full report here. http://martinprosperity.org/media/Startup-US-2016_Industrial-Clusters.pdf