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New York saw 103% increase in dollars invested in startups by accelerators

New York saw a 103 percent increase in total dollars invested in startups by accelerators like Y CombinatorTechStars, and AngelPad.

That's according to Gust, a platform that connects entrepreneurs with active early-stage investors and accelerators.

The data, tracking investments from 2015 to 2016, was part of the company's second annual Global Accelerator Report 2016, provided insights on the direction of the accelerator industry across the U.S.

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