
When I met with all of the lovely folks from Amsterdam last week, one of the things that I mentioned about intensification is that it is almost certainly a contributing factor towards innovation, agglomeration economies, and the overall startup ecosystem here Toronto.
I don’t know to what extent, but I feel it happening. And there’s lots of research correlating urban density with innovation.
The continued densification of Toronto means it is constantly becoming easier to schedule that morning coffee before going into the office or to pop into that meetup after work. And those sorts of things are hugely valuable in today’s economy.
I talked about a number of local startups in my presentation, including 500px, Wattpad and Wealthsimple. But I didn’t show any hard data. So I’d like to do that today. Below is a chart showing total venture funding (internet/software) and the number of deals (Seed to A/B/C/D) in Toronto since 2009:

John Maeda – Design Partner at venture capital firm KPCB – recently published the second and 2016 edition of his #DesignInTech Report. I shared his first one almost exactly a year ago. His core thesis is that we are heading towards a world where technology, business, and design become closely integrated – in school, in business, and so on. Throughout the report he looks at the increasing impact that design and designers are having within the startup ecosystem. Here are a few verbatim bullet points: - Design isn’t just about beauty; it’s about market relevance and meaningful results. - 36% of the top 25 funded startups are co-founded by designers, up from 20% in 2015. - The general word “design” will come to mean less as we will start to qualify the specific kind of design we mean. - Currently design education lags the technology industry’s needs for data-oriented, coding enabled graduates with business acumen. - We must consciously invest in education to develop a more hybrid perspective on creativity in the 21st century: Technology x Business x Design. - President Obama’s signing of ESSA (Every Student Succeeds Act) into law in 2015 is a positive sign: by turning STEM into STEAM (adding Art) in K-12 education as a US priority. As somebody who studied design (architecture), business, and computer science (briefly, before switching to architecture), I probably have a bit of a biased view here. But to the extent that I can be objective, I really see this as the future. I am a big supporter of
