Edition of Silicon Dragon News

 Mid-August 2023

Silicon Boardwalk

Atlantic City Innovation Summit

September 7, 3-7pm

Silicon Heartland Series

Don't Miss Our Next Stop!

Join us for a Deep Dive into how Atlantic City is angling for a comeback.

Change-makers will discuss how innovations, technology, funds and philanthropy are catalysts to propel this city to new heights in a thriving opportunity zone on the Atlantic Ocean.


Evan Sanchez, Authentic City Partners,

ThriveAC Fund

Ren Parik, Ideal Institute of Technology 

Andrew Weilgus, Esports Innovation Center 

Louis Hanna, Conduit Community Capital 

Elizabeth Catanese-Terenik, 

Atlantic City Development Corp

Jane Bokunewicz, Stockton University's LIGHT

Jim Rutala, Rutala Associates 

Lauren Moore, Atlantic County Economic Alliance 

Rebecca Fannin, Silicon Heartland

Join us for talks, drinks, a book briefing and last blast of summer!

Venue: Stockton University

Panel discussion: Kesselman Hall

Reception: Esports hub on the boardwalk

Join Us!

Noteworthy Tech & VC Trends

A year after the CHIPs Act was signed into law and offered $280 billion in subsidies, tax credits, R&D and grants to create chips in the U.S., opportunities still exist for small businesses to get in on the action.

+ The Department of Commerce has recruited Wall Street talent to help allocate billions in funding to hundreds of companies effectively.

+Senator Chuck Schumer of NY wields political heft in seeking funds for the state.

+ Indiana tests if the Heartland can transform into a CHIP hub, a test of efforts to stimulate regional economies through the CHIPS act,

Price competition in China for EVs has pushed pricing for some Tesla models to half the amount in Europe or U.S.

EV share of total US sales in 2023 is 7% - about the same level as last year. This compares to 16% in Europe and 32% in China. 


China and US VCs brace for further decoupling and tighter times in Chinese dollar fund raising due to rising political tensions. Biden has blocked U.S. venture capital in sensitive sectors in China.

As U.S. turns away from its biggest scientific partner, it risks slowing American progress in biotech, clean energy and telecom. WSJ


US venture capital investment into China has dropped about 80% over the past year.

Since 2016, U.S. venture investors participated in more than 700 deals for Chinese startups in AI and semiconductor technology sectors and in over 2,700 Chinese startup deals overall worth $165.7 billion, according to PitchBook.

Top Cities in Midwest for Startup Strength

In a ranking of Midwestern cities for startup strength, M25 scores top places.

Here are the top 10 in order:

Chicago, Minneapolis, Indianapolis, Pittsburgh, Columbus, Detroit, St. Louis, Ann Arbor, Madison, Cincinnati.

Top gainers are on the list are Detroit, Columbus and Louisville.

Buy Silicon Heartland Book

20 Reviews and Counting

Buy Tech Titans of China

New Chinese edition

Audio Edition: Tech Titans of China

My Silicon Heartland

Book Tour

kept going this summer

with stops in 3 Great Lakes cities + 1 Ohio River town






My tour has taken in 15 cities from late March to July, plus a few spots virtually.

Next destination: Atlantic City

Tour Highlights & Snapshots

Buffalo June 20

Chicago June 22

Milwaukee June 27

Portsmouth Ohio July 1

plus Pittsburgh, Cincinnati, Morgantown, Dayton, Cleveland, Chicago, Lancaster, Purdue + NYC, SF, Silicon Valley

March to mid-April.

See tour.



Rally Innovation 2023


August 29-31

Entrepreneur track

Panel: Upsizing Ventures in this Heartland market

August 29, 11:00am

Fireside Chat with

John Chambers

August 25, 1-3pm EST

at Vantage Ventures,

Morgantown, WVa


Diversity MBA National Business Leaders


September 27-28

Author Talk

Chicago Venture Summit

Future of Climate Tech

October 5

Michigan Tech Week 2023

Ann Arbor

October 9-12

Ohio VC Fest


October 11-12

1-70/75 Regional

Economic Summit 2023

Keynote Speaker

Dayton, Ohio

October 19

Wisconsin Book Festival

with Science Festival

University of Wisconsin

Discovery Building

Book Talk

Oct 20, 4pm

Cyberport VC Forum

Hong Kong

October 31-November 1


panel on VCs investing in Web3, AI

Rebecca A. Fannin

Speaker profile

Leading Authorities Washington, DC

Media Interviews

this month's feature:

Radio show with host Donna Seebo

Silicon Heartland saga

July 21, 2023

Public Speaking

Worth magazine

Innovation and the

Rising City, Video

View AskAVC Shows

55 episodes and counting with prominent VCs

globally, like Tim Draper.

Who wants to be next VC

we feature?


Detroit-based startup Treehouse nabs $10 million from a slew of investors led by Montage Ventures and Truck Venture Capital with Detroit Venture Partners and others, to expand EV charging at home in 30 states over the next year.

Pennsylvania agtech startup, Phospholutions Inc., has raised $10.15 million to accelerate commercialization of

crops through sustainable fertilizer technology. Investors were led by Advantage Capital, Continental Grain's Conti Ventures and Ben Franklin Technology Partners.

SV-based digital health startup Venteur has closed $7.6 million in seed funding, led by GSR Ventures

Fintech startup Micro Connect in HK has raised $458 million in a Series C round, with Sequoia, Lenova, others

China's Neuropth gets $100 million for its gene therapy startup, from Fosun, Sequoia and more

Gobi Partners reached its target of HK $2 billion for its Alibaba-anchored fund for China's Greater Bay Area.

Send us your VC & Startup News and Events.



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Newsletter edited by Rebecca A. Fannin,

author, CNBC special contributor, founder


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