The 2024 Global Startup Ecosystem Report (GSER) by Startup Genome and the Global Entrepreneurship Network launched on the 10th of June at ‘London Tech Week’, in collaboration with the Founders Forum, Informa Tech, and London & Partners.
Presented by Stephan Kuester, Managing Partner at Startup Genome, the GSER analyzes data from over 4.5 million companies across 300+ entrepreneurial innovation ecosystems and features rankings that indicate which ecosystems are currently driving innovation and deep knowledge about startup trends around the world, according to the press release. Hence, this ranking of ecosystems is relevant and was continually presented on ‘VonNaftali‘.
The graphic below by Genome gives a comprehensive picture. And yes, Tel Aviv improved one place and is now on par with Los Angeles. Tel Aviv is the only MENA ecosystem ranking in the Top 40, globally moving up one place to #4 (tied with Los Angeles). The big loser is the capital of Wokistan, Seattle. From place 9 down to place 20.
(c) Startup Genome
One major global insight is that in 2023, more than half of new unicorns were in the GenAI and Deep Tech sub-sectors, a higher rate than in 2021. However, it makes one wonder that none of the Big Money is moving to philosophy which may solve the major problem of AI – its biased outcome.