The Global Startup Ecosystem Report 2024 (GSER 2024)

Key Insights

• The top three ecosystems have maintained their same positions from 2020, with Silicon Valley remaining at the top, followed by New York City and London tied for #2.

• Tel Aviv has moved up one rank and is now tied with Los Angeles at #4.

• Tokyo has entered the top-10, moving up an impressive five places to #10 from #15 in the GSER 2023, marking the most significant improvement among the Top-10 ecosystems.

• Seoul has moved up 3 spots and is now ranked #9, entering the top 10 ecosystems.

• Miami has also made impressive progress, reaching #16 in the top 20 ecosystems, an improvement of seven positions from last year.

• The top two Chinese ecosystems have dropped in the overall rankings: Beijing by one place and Shanghai by two, now standing at #8 and #11, respectively. However, Shenzhen has shown impressive growth, moving up seven spots to rank #28.

• Paris has moved up an impressive four places from last year to reach #14.

• Both Zurich and Munich have moved up by five and four positions, respectively, entering the top 35 at #31 and #33.