January 2018

Opportunities in Chicago

Chicago tech's momentum keeps on building, with companies raising more than $1.73 billion dollars in 2017.

MATTER Member Companies Raise $122M.  "We believe that interconnected businesses are the best platform for change in healthcare," said MATTER CEO Steven Collens. "Our member companies had a great year, developing solutions and partnering with the industry to benefit millions of people."  Multiple startups - including Regroup Therapy, Level Ex, Redox Engine, SwipeSense, HealthVerity, Endotronix, PhysIQ, ExplORer Surgical, Triggr Health, Care Academy, EDGe Surgical, Eazy Scripts, Surgical Innovation Associates, Simergent and AMOpportunities - closed financing rounds exceeding $1 million.

The life sciences industry encompassing the pharmaceutical, biotechnology and medical device sectors-has a wide spectrum of commercial real estate needs, including conventional offices, sophisticated research laboratories and cutting-edge production facilities. And this sector is growing: life sciences employment jumped 13.5 percent between 2006 and 2016 (compared to 6.9 percent for the U.S. economy as a whole) while venture capital investments in life sciences are 53 percent higher than they were 10 years ago.
"Chicago is well-positioned for future growth in life sciences thanks to its large cluster of pharmaceutical and biotech companies and world-renowned research institutions such as Northwestern University, the University of Chicago, Rosalind Franklin University and the University of Illinois at Chicago, Fermi and Argonne Labs" said Scott Brandwein, executive vice president with CBRE in Chicago.  For more on the life science market, click here.

 

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