PitchBook: Chicago has 26 unicorns, 13 of which reached the status in 2021; 17 VC funds in Chicago raised $7.42B in 2021, up from three raising $977M in 2016 (Kiel Porter/Bloomberg)

Kiel Porter / Bloomberg:
PitchBook: Chicago has 26 unicorns, 13 of which reached the status in 2021; 17 VC funds in Chicago raised $7.42B in 2021, up from three raising $977M in 2016  —  U.S. technology investors have traditionally fixated on scouring the two coasts in search of the next startup ready for the big time.