Top10 Startup Hubs in the World

Silicon Valley has traditionally been the epicentre of startups, but rest of the world has also been catching up. Outside the Valley, other startup hubs include Tel Aviv, London, Singapore and Bengaluru among others, where startups are doing big things

Upon reaching out to a number of investors, entrepreneurs & startup co-founders and based on a number of searches across several media sites, here are 10 cities worldwide which we think are top startup incubators.

1. Silicon Valley, CA, US

Silicon Valley, in the southern San Francisco Bay Area, is home to thousands of startup and global technology companies with Google, Apple and Facebook among others. It accounts for one third of all venture capital investments in the United States. As per AngelList, there are 18,876 companies situated in Silicon Valley, with around 28,790 investors.

Top Startup Categories: Technology, Digital Media, Advertising, Beauty & Wellness

Watch Video: Here is a video of how is the culture like in Silicon Valley based Google

2. Tel Aviv, Israel

Tel Aviv is a global city, a technological and economic hub, home to the Tel Aviv Stock Exchange, corporate offices, and R&D centres. The country is known for its cyber security efforts with startups such as CyActive, SecBi, Checkmarx, Dome 9, and Cybereason among others. Around 200 companies are based in Tel Aviv, with 11,589 Angel investors.

Top Startup Categories: Cyber Security, Technology, eCommerce, Social Media

Watch Video: Find out about cyber security, from Tel Aviv based startup CyActive.

3. London, England

London is considered as the most active city for startups and investors in Europe. It is emerging as a primary choice of US entrepreneurs for establishing their online presence. Some notable startups that are based in London include TransferWise, RolePoint, Thread, Tweetdeck, Wonga, GoCardless and Citymapper among others. Around 5,620 companies are headquartered in London with 8,495 investors.

Top Startup Categories: Technology, Online Payments, Travel

Watch Video: London based Transferwise’s Co-Founder Taavet Hinrikus talks about his company and the funding landscape.

4. Toronto, Canada

Toronto is the largest startup ecosystem in Canada, and one of the largest in the world and has seen several million dollars investment in Canadian startups. WP Technology, FreshBooks, Achievers, Bionym, Wave Accounting and Wattpad are some of the growing startups in the city. About 2,158 companies have established their presence in Toronto with around 4,205 investors.

Related Read:  Startup Lessons: This Is Why You Need To Move Quickly

Top Startup Categories: Digital Media, eCommerce, Social CRM, Electronics

Watch Video: How to simplify your financial planning using Toronto based FreshBooks.

5. Paris, France

Paris, is known for being innovative traditionally in fashion and cuisine. It has a good network of incubators and due to lack of venture capital and angels, entrepreneurs are far more likely to be dependent on incubators, friends and family for investment. Previously, a $250 million startup fund was launched as part of ‘La FrenchTech’ for the growth of startups. There is high software development expertise thanks to superior universities that produce skilled engineers each year. Some of their notable startups are Stupefix, Twelve, Dailymotion, Appsfire, and Hypios etc. It is the centre of 1,538 companies and 5,887 investors.

Top Startup Categories: Fashion, Social Media, Healthcare, Advertising

Watch Video: How Paris based Appsfire helps users find relevant apps and app deals.

6. Sao Paulo, Brazil

Sao Paulo is Brazil’s financial centre, which was expected to have the third highest economic growth in the world between 2011 and 2025, after London and Mexico City. 500 Startups are present across Brazil alongside local accelerators Wayra and StartupFarm. It is the home of 5,99 companies along with 2,575 investors. VivaReal, Veduca, Sonoma, UniPay, and are some of the growing startups with huge potential.

Top Startup Categories: Fintech, eCommerce, Real Estate

Watch Video:  The inner world of Sao Paul based real estate startup VivaReal.

7. Berlin, Germany

Berlin is one of the favorite city for startups because of its cultural diversity. From tech startups to hardware and arts, it is a diverse startup environment where around 1,126 startups are listed along with 6,129 investors. Some of their notable startups include SoundCloud, GameDuell, Wooga, DeliveryHero, EyeEm and Interact among others. Google has a major office in Berlin, and it helped establish a co-working space in the city as part of its Google for Entrepreneurs program. Additionally, Berlin has relaxed visa rules that means it is easier to import top talent for any startup.

Related Read:  The 2 Types of Growth: Which One of These Growth Curves Are You Following?

Top Startup Categories: Music, Games, Online Food, Technology

Watch Video: The story behind Berlin headquartered GameDuell.

8. Nairobi, Kenya

Kenya’s capital Nairobi is home to thousands of Kenyan businesses and over 100 major international companies and organisations, including the United Nations Environment Programme (UNEP). The Nairobi Securities Exchange (NSE) is Africa’s fourth-largest exchange in terms of trading volume, capable of making 10 million trades a day. Some of notable startups are Mobius Motors, Wuzzuf, BitPesa, Applied Logic, and Kudobuzz etc. About 1,995 companies are established in Kenya or Africa with around 1,908 investors.

Top Startup Categories: Transport, Advertising, Payments, Big Data Analytics

Watch Video: Interview with Nairobi’s BitPesa CEO, Elizabeth Rossiello

9. Singapore

Singapore is a base for many Asia-pacific companies and one of the launchpads for startups. It is the home of around 1,144 firms including InMobi, RedMart, 2C2P, Coda Payments, and TripVillas etc and 11,522 investors. Singapore has not produced many household names in technology companies, but many investment firms have made investments in Singapore’s companies.

Top Startup Categories: Online Payments, eCommerce, Real Estate, Healthcare

Watch Video: Singapore’s Redmart’s team talks about how they disrupted the grocery eCommerce market

10. Bengaluru, India

Bengaluru is the center of India’s high-tech industry. Many VC firms like Accel, IDG, and Intel Capital have opened their offices in India and a lot of investment action are happening there. It is the home of companies like Flipkart, Lookup, CommonFloor, Zoom, HackerEarth and ZipDial among others. Around 2,084 startups have listed in Bengaluru, with nearly 12,056 investors.

Top Startup Categories: Big Data, eCommerce, Real Estate, Online Travel, Saas

Watch Video: A look into the spacious office of Bengaluru based Flipkart

Do you think your city should be included in the Top-10 startup list? Share it with us in the comments below

  • Raj Roy

    Guess the writer did not get the memo that India is the World’s 3rd largest startup hub now, ahead of any EU nations.

  • Tony

    Proud to see Nairobi featured here , we call it the Silicon Savannah! :-)

  • Abhinav Dinesh Garg

    The Holy Pilgrimage for a Startup Founder