Beautiful Virgin Islands

Monday, Sep 01, 2025

Robotics and Blockchain Top Startup Genome's List of Fastest-Growing Industries

Robotics and Blockchain Top Startup Genome's List of Fastest-Growing Industries

Agricultural technology, big data, and other tech sectors continued speedy growth, according to a new report on the global state of entrepreneurship.
One of the year's biggest reports on entrepreneurship is out--and emerging technologies such as robotics and blockchain were the big winners.

According to the 2021 Global Startup Ecosystem Report (GSER) from Startup Genome and the Global Entrepreneurship Network (GEN), the four fastest-growing industries globally are blockchain; advanced manufacturing and robotics; A.I. and big data; and agtech and new food.

The report measured growth by tracking early-stage funding deals from 2014 to 2020, in addition to other methods. Agtech and new food, which covers any type of technology that increases the efficiency of agriculture-related practices, had a 128 percent increase in early-stage deals over that period, the highest of the group. Blockchain was a close second with an increase of 121 percent.

The report detailed research on 280 geographic areas (termed "entrepreneurial innovation ecosystems") and three million startups from 2020 and 2021.

In 2020, "it became glaringly obvious that founders would be critical to global resilience and recovery," wrote JF Gauthier, founder and CEO of San Francisco-based Startup Genome, a research, advocacy, and consulting firm for entrepreneurship, in a letter accompanying the study. He also celebrated the exodus of founders and companies from Silicon Valley to other hotspots in the U.S., spurred by remote work.

Still, Silicon Valley topped several lists in the report. The region ranked No.1 for "performance success factor," which comprises a number of metrics related to funding, exits, and valuations of startups in the ecosystem. It also topped all ecosystems in "Funding Success," which measures the number and experience levels of investors in a given location, and the availability of early-stage funding.

North America led global funding, accounting for 50 percent of the top 30 ecosystems. Silicon Valley, New York City, Boston, and Los Angeles together made up 70 percent of North America's "ecosystem value," a measure of startup valuations and the value of exits in 2018, 2019, and the first half of 2020.

Despite the dominance of those big cities, smaller areas shared some of the spotlight: Dallas and Houston each had their first unicorn in 2020, and the report identified top "Regional Challengers" such as Miami and Detroit.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Chinese and Indian Leaders Pursue Amity Amid Global Shifts
European Union Plans for Ukraine Deployment
ECB Warns Against Inflation Complacency
Concerns Over North Cyprus Casino Development
Shipping Companies Look Beyond Chinese Finance
Rural Exodus Fueling European Wildfires
China Hosts Major Security Meeting
Chinese Police Successfully Recover Family's Savings from Livestream Purchases
Germany Marks a Decade Since Migrant Wave with Divisions, Success Stories, and Political Shifts
Liverpool Defeat Arsenal 1–0 with Szoboszlai Free-Kick to Stay Top of Premier League
Prince Harry and King Charles to Meet in First Reunion After 20 Months
Chinese Stock Market Rally Fueled by Domestic Investors
Israeli Airstrike in Yemen Kills Houthi Prime Minister
Ukrainian Nationalist Politician Andriy Parubiy Assassinated in Lviv
Corporate America Cuts Middle Management as Bosses Take On Triple the Workload
Parents Sue OpenAI After Teen’s Death, Alleging ChatGPT Encouraged Suicide
Amazon Faces Lawsuit Over 'Buy' Label on Digital Streaming Content
Federal Reserve Independence Questioned Amid Trump’s Push to Reshape Central Bank
British Politics Faces Tumultuous Autumn After Summer of Rebellions and Rising Farage Momentum
US Appeals Court Rules Against Most Trump-Era Tariffs
UK Sought Broad Access to Apple Users’ Data, Court Filing Reveals
UK Bank Shares Dive Over Potential Tax on Sector
Germany’s Auto Industry Sheds 51,500 Jobs in First Half of 2025 Amid Deepening Crisis
Bruce Willis Relocated Due to Advanced Dementia
French and Korean Nuclear Majors Clash As EU Launches Foreign Subsidy Probe
EU Stands Firm on Digital Rules as Trump Warns of Retaliation
Getting Ready for the 3rd Time in Its History, Germany Approves Voluntary Military Service for Teenagers
Argentine President Javier Milei Evacuated After Stones Thrown During Campaign Event
Denmark Confronts U.S. Diplomat Over Covert Trump-Linked Influence in Greenland
Starmer Should Back Away from ECHR, Says Jack Straw
Trump Demands RICO Charges Against George Soros and Son for Funding Violent Protests
Taylor Swift Announces Engagement to NFL Star Travis Kelce
France May Need IMF Bailout, Warns Finance Minister
Chinese AI Chipmaker Cambricon Posts Record Profit as Beijing Pushes Pivot from Nvidia
After the Shock of Defeat, Iranians Yearn for Change
Ukraine Finally Allows Young Men Aged Eighteen to Twenty-Two to Leave the Country
The Porn Remains, Privacy Disappears: How Britain Broke the Internet in Ten Days
YouTube Altered Content by Artificial Intelligence – Without Permission
Welcome to The Definition of Insanity: Germany Edition
Just a reminder, this is Michael Jackson's daughter, Paris.
Spotify’s Strange Move: The Feature Nobody Asked For – Returns
Manhunt in Australia: Armed Anti-Government Suspect Kills Police Officers Sent to Arrest Him
China Launches World’s Most Powerful Neutrino Detector
How Beijing-Linked Networks Shape Elections in New York City
Ukrainian Refugee Iryna Zarutska Fled War To US, Stabbed To Death
Elon Musk Sues Apple and OpenAI Over Alleged App Store Monopoly
2 Australian Police Shot Dead In Encounter In Rural Victoria State
Vietnam Evacuates Hundreds of Thousands as Typhoon Kajiki Strikes; China’s Sanya Shuts Down
UK Government Delays Decision on China’s Proposed London Embassy Amid Concerns Over Redacted Plans
A 150-Year Tradition to Be Abolished? Uproar Over the Popular Central Park Attraction
×