三角研究技术生态系统

Ecosystem platform launch report14th November 2024The ResearchTriangle TechEcosystem 1. The rise of The Research Triangle tech2.A globally significant tech hub3.Venture Capital x Research Triangle4. Research Triangle ecosystem platform Page/ 3The Research Triangle is a region in North Carolina known for a high-tech,R&D-rich output, anchored by the cities of Raleigh, Durham, Cary and Chapel Hill.TheResearchTriangle region Page/ 4Source:Dealroom.co. Data as of 11 November 2024. Founded since 1990.Dealroom.co. Data as of 11 November 2024. Founded since 1990.Three Tier 1researchuniversities formthe cornerstonesof the ResearchTriangle.Between them, Duke, UNCand NC State haveproduced 200 spinouts,and their alumni havefounded over 1,600startups. Page/ 5ResearchTriangle startupsfounded since1990 are nowworth more than$146B.Since 2014, the ecosystemhas grown more than 5x.The high value from 1990 to1995 is attributed to Red Hatand Epic Games. Page/ 6The ResearchTriangle hasproduced18 unicorns.Areteia Therapeutics is thelatest 2024 unicorn.Health & Life Sciences andEnterprise software are theleading sectors in terms ofthe number of unicorns and$1B+ exits.» see all the Research Triangleunicorns Page/ 7Source:Dealroom.co. Data as of 11 November 2024. Founded since 1990.Open-source softwaredeveloperTax compliancesoftwareAgricultural solutionsproviderSustainability-focused enterprisesoftwareTransplant medicineadvancementsRegenerative medicinefor vascular tissueVirtual clinical trialtechnologyDecacorns and$1B+ exitsUnicorns and$1B+ exits18 unicorns and $1B+ exits. Page/ 8SAS is one of thekey nodes of theResearchTriangle techecosystem.SAS, founded in 1976, is aspinout of North CarolinaState University. It is one ofthe biggest private softwarecompanies in the US, withannual revenues of over $3B.Former SAS employees havegone on to found more than100 startups with acumulative valuationexceeding $5B. Page/ 9ResearchTriangleuniversityalumni havefounded 1,900+companies witharound $800Bvaluation.» see all alumni-foundedcompanies Page/ 10Source:Pre-funding companiesVC backed companiesVC backed $1B+ companiesfounded since 1990± 30startups in theResearch Triangleraise their firstVC round each year456»Startups($100K–15Mtotal funding)136»Breakouts($15M–100Mtotal funding)42»Scaleups($100M+ totalfunding)$10B+$1B-10B13»Dealroom.co. Data as of 11 November 2024.2»The Research Triangle is showing a promising funnel of startups, breakouts andscaleups. The Research Triangle startups by sector 1.The rise of the Research Triangle tech2. A globally significant tech hub3.Venture capital x Research Triangle4. Research Triangle ecosystem platform Page/ 13The ResearchTriangle puncheswell above itsweight.It ranks #5 in theUS by unicornsper capita. Page/ 14By venturecapital percapita theResearchTriangle ranks4th in the US. Page/ 15ResearchTriangle ranks15th globally byVC in 2024,behind onlymajor globalmegacities.It is also one of thefastest-growing major hubs in2024.Research Triangle startupshave raised 1.2% of global VCthis year. Page/ 16The ResearchTriangle ranks #7in the US in 2024in absoluteterms, itshighest positionso far. Page/ 17Dealroom.co. Data as of 11 November 2024.Source:The Research Triangle is among the top US hubs for VC investment since 2019 inHealth & Life Sciences and Enterprise Software.#13 in Health & Life Sciences VC investment» view live#12 in Enterprise Software VC investment» view live Page/ 18Dealroom.co. Data as of 11 November 2024.Source:With a particular strength in Life Sciences and Medical Devices.#9 in Life sciencesVC investment since 2019#10 in Medical devicesVC investment since 2019 1.The rise of the Research Triangle tech2.A globally significant tech hub3. Venture capital x Research Triangle4. Research Triangle ecosystem platform Page/ 20Late stage▊$250m+▊$100–250mBreakout stage▊$40–100m (series C)▊$15–40m (series B)VC investment into the Research Triangle startups by stage, annual» View top roundsSource:Dealroom.co.*Projected values for 2024, the actual total value on November 11th is $2.7B.Early stage▊$4–15m (series A)▊$1–4m (seed)▊$0–1m (pre-seed)*The Research Triangle is projected to raise over $3.1B in 2024, nearing peakinvestment levels from 2020-2022. Late stage investment dominatedby a few outlier companies,especially Epic Games.▊$ 250m+▊$ 100–250m Page/ 21Early-stage investment in 2024 isprojected to drop significantly.▊$ 4–15m (series A)▊$ 1–4m (seed)▊$ 0–1m (pre-seed)Source:Dealroom.co.*Projected values for 2024 as of 11 of November 2024. Breakout stage investment in2024 is expected to remain high.▊$ 40–100m (series C)▊$ 15–40m (series B) Page/ 22The ResearchTriangle istracking close toits peak years of2020-2022. Page/ 23SaaS is theleading businessmodel in theResearchTriangle. Page/ 24Dealroom.co. Data as of 11 November 2024.*Startups founded or headquartered in the Research Triangle, excluding Epic Games.Startups, as well as capital invested in them, are categorised under up to two