BioCentury
ARTICLE | Finance

Innovation hubs: the race for next after Boston, Bay Area

Innovation hubs: China, U.K. lead early-stage financings after Boston, Bay Area

October 18, 2019 12:10 AM UTC
Updated on Oct 18, 2019 at 12:25 AM UTC

The surge in activity in the U.K.’s Golden Triangle and in China has placed those countries firmly on the map for innovation, coming in third place for companies formed and amount raised, respectively, after the Boston and San Francisco behemoths.

Inside the U.S., San Diego takes third place by both measures, and the activity in each San Diego and New York outpaces all other countries, except for the U.K. and China...