Martin Prosperity Institute

Insight: Rise of the Global Startup City

By November 20, 2019No Comments

Once the province of American tech hubs like California’s Silicon Valley, venture capital has gone global. Global venture capital investment amounted to $42 billion dollars in 2012, spread across more than 150 cities and metro regions around the world. The United States accounts for nearly 70 percent (68.6 percent) of total global venture capital, followed by Asia (14.4 percent), and Europe (13.5 percent).

But venture capital investment is concentrated and clustered in a relatively small number of cities and metros worldwide. The top 10 metros account for approximately 52 percent of global venture investment, the top 20 metros account for almost two-thirds, and the top 50 more than 90 percent.