Startup Genome

🚀 Insights from the #GSER2024: Europe has taken the lead on early-stage Cleantech funding. When combined, the three most active Cleantech countries of Europe – the U.K., France, and Germany – have overtaken the U.S. and China. These “Euro Leaders” increased their Cleantech Series A funding amount by nearly 50% in 2023 compared to 2021, while China and the U.S. decreased by 40% and 20%, respectively, over this time. Globally, about 15% of Cleantech Series A funding went to startups located in the Euro Leaders, compared to just 4% in both the U.S. and China. Learn more about Cleantech trends: https://lnkd.in/dSCU7g9V #Cleantech #startup #startupecosystem #founder #innovation

As a “Bonner”, born and bred, it makes me proud for us to support the Ministry of Economic Affairs, Industry, Climate Action and Energy of the State of North Rhine-Westphalia in the release of the North Rhine-Westphalia (NRW) Startup Report 2024. Living abroad it makes me even more proud to see what a great place for startup founders NRW has become: - A great place to start new ventures: NRW continues to consistently create more than 500 startups annually (2,335 since 2020), making the State one of the strongest contributors to startup activity in Germany. - A great place to get funded: Not all startups get to a funding round, the opposite holds true globally and in NRW. However, those founders than can convince their Early Stage Investors receive highly competitive funding rounds (median of 1.3 MN at Seed / 7.7 MN at Series A), providing the financial runway required for globally competitive product development and the start of a successful growth trajectory. - A great place to scale: Since 2020 NRW has seen 16 companies achieve true scaleup status with a valuation north of 100 MN USD each. Companies such as SAP LeanIX and DeepL amply demonstrate that impressive late-stage funding rounds and valuations are possible. With SAP-LeanIX, NRW not only can count another unicorn in its stable but also is home to the largest exit in Germany. The State’s  Scale-up.NRW program does its part in providing scaleup mentorship and support for the next generation of fast scalers, a first in Germany and with only very few similar programs available to founders globally. - A great place to create technology with true impact: 91 startups in NRW are directly working towards furthering #SDG with investment growing at a compound annual growth rate of 37% since 2019. Similarly, NRW is home to an impressive number of Cleantech Startups, working toward the very technologies we so urgently need to help address the Global Climate Crisis. - A great place to create value: NRW startups today account for USD 11.5 BN in ecosystem value, having added approx. 2 BN in only in the last 12 months and accounting for nearly 100,000 new and high value jobs having been created between 2020 and 2023. - A great place with remaining potential: Success factor gaps remain with still too few startups receiving early stage funding, with - whilst improvements are visible - still too few women participating in the startup economy (a problem not unique to NRW but rather a persistent issue globally) and with potential in further connecting the vibrant university and excellence cluster landscape with the startup community. Here at Startup Genome, we are looking forward to next year’s report and the next chapter in NRW’s startup story. Learn more: https://lnkd.in/edQYRB7j #NorthRhineWestphalia #Germany #startups  #Cleantech Ministerium für Wirtschaft, Industrie, Klimaschutz und Energie des Landes NRW Johannes Velling Katja Morawitz David Stephenson Pranav Arya JF Gauthier

In the #GSER2024, Hiro Nishiguchi, President of Startup Genome Japan, shares insights into the dynamic Tokyo ecosystem. Learn more about how Tokyo is supporting a spirit of innovation: https://lnkd.in/eBbQQ6nX

Join Gary Oliver, Startup Genome President of of Hypergrowth Global, at #TryEverything2024 where he will speak at the “Hypergrowth Strategy for Korean Startups” session on Wednesday, September 11. Gary will be joined by Sooyong Park of Blueprint Partners to discuss detailed strategies for the global advancement of Korean startups. Learn more and register to attend: https://lnkd.in/gbtCU9yS

The Department of Trade and Industry (DTI) teamed up with its local partner enablers and Startup Genome to showcase Manila’s entrepreneurial ecosystem in the #GSER2024. “The remarkable 72% surge in ecosystem value is a direct result of the collective efforts of the startup ecosystem that fosters innovation, talent development, and entrepreneurial spirit,” DTI Secretary Alfredo "Fred" Pascual says. “As we continue to advance in the rapidly evolving world of technology and innovation, we remain steadfast in providing the support and infrastructure needed for our startups to thrive. Our clear goal is to empower them to become significant players in the global market. This achievement attests to Manila's economic potential and positions the Philippines as an emerging hub of technological advancement and entrepreneurial success.” Manila's startup Ecosystem Value grew 72%, building special strengths in the Fintech, E-commerce, and Gaming sub-sectors. For more insights into the Manila ecosystem, read more: https://lnkd.in/eh9xQ2BX #Manila #startup #startupecosystem #founder #innovation

🚀 Insights from the #GSER2024: Tamil Nadu is bursting with entrepreneurial potential. The second wealthiest state by GDP and the second most industrialized state in India, it has the largest number of factories in the nation and is ranked the most economically free state. Highlights of the ecosystem include: • Tamil Nadu has seen a notable increase in the number of registered startups, exceeding 8,583 in 2024, and has attracted significant VC investment. • StartupTN has implemented multiple funding schemes, including TANSEED, the TN SC/ST Startup Fund for marginalized communities, the TN Emerging Sector Seed Fund, and the Fund Of Funds, to fulfill the ecosystem’s funding requirements. • Tamil Nadu is leading Deep Tech innovation and ranks as the state with the highest number of patent filings in India, with 9.3% of the country’s total of 83,000. Discover more about the Tamil Nadu startup ecosystem: https://buff.ly/48AD01A #TamilNadu #startup #startupecosystem #founder #innovation

Presented by Sharjah Entrepreneurship Center (Sheraa), the Access Sharjah Challenge is an annual program inviting growth-stage+ startups and companies from all around the world to help tackle a key challenge facing Sharjah. This year’s challenge presents two tracks: Livestock Health and Agritech. Winners of the challenge will receive a 250,000 AED contract to test their solution, the opportunity for a long-term collaboration with the government of Sharjah, access to key decision-makers and clients within the UAE market, and a home base in Sharjah. Hurry! The application deadline closes on September 5. Learn more about the challenge and how to supercharge your startup in Sharjah: https://buff.ly/4g9v1Ng

Tamkeen and Startup Genome have teamed up to spotlight Bahrain’s entrepreneurial ecosystem in the #GSER2024. "Bahrain continues to bolster its positioning as a leading startup hub in the region. The Kingdom has taken large strides in fostering a supportive startup ecosystem, while also championing innovation by enabling skill development and providing access to funding for entrepreneurs," shares Maha Mofeez, Chief Executive of Tamkeen. Bahrain is a Top 10 MENA Ecosystem in Performance, measuring the size and performance of an ecosystem based on the accumulated tech startup value created from exits and funding For more insights into the Bahrain ecosystem, read more: https://lnkd.in/eEjHawt8 #Bahrain #startup #startupecosystem #founder #innovation

Please join us in congratulating Gary Oliver on his appointment as President of Hypergrowth Global, the premier late-stage scaling program designed to unlock the potential of the fastest-growing scaleups, following his successful tenure as Chief Commercialization Officer for the program. Oliver has over 30 years of experience building early-stage, mid-size, and global technology companies. Prior to Startup Genome, he served as CEO of three Silicon Valley companies and executive chairman of two others. His notable achievements include leading the IT Service Management business at Remedy, culminating in a billion-dollar exit, and serving as Senior Vice President in charge of Technology Strategy and Initiatives at Visa. Earlier in his career, Gary held sales, marketing, and executive roles at IBM including responsibility for IBM’s multi-billion dollar Data Management SW revenue. Gary is a graduate of UCLA and has served on multiple technology company and non-profit boards. “I look forward to collaborating with our global network to drive the next phase of growth for scaleups worldwide,” shares Oliver. Learn more: https://lnkd.in/d9nibuNJ

In our latest article, discover how Startup Genome defines a startup ecosystem and why we believe people are its most valuable resource. With this inside look at our methodology, we share the science behind the concept. Read more: https://buff.ly/474k3EF #startupecosystem #startups #innovation