EVOLUTION OF LEADING STARTUP ECOSYSTEMS (2021-2025)
- Fernanda Bezerril
- Jul 25
- 1 min read
How Are the World's Leading Startup Ecosystems Evolving?

An analysis of changes in the global ranking between 2021 and 2025 reveals key shifts:
San Francisco remains dominant, but its lead over New York has narrowed;
London stands out with the highest growth among the Top 3 (+30%), reinforcing its position as Europe’s leading hub;
Beijing has overtaken Boston to claim the 5th spot, driven by over 25% growth;
Paris and Mumbai are among the top risers, each posting growth above 30%;
Seoul enters the Top 20 for the first time, following three consecutive years of accelerated growth;
Singapore has climbed 10 positions since 2022 and is now nearing the Top 10, with growth exceeding 50%.
While established hubs retain their strength, emerging regional powerhouses are gaining ground and the global race for talent, capital, and innovation is more competitive than ever.
By DealMaker Insights | DealMaker