Cities with the Fastest-Growing Venture Capital Ecosystems

What We’re Showing

The 10 fastest-growing venture capital cities in the world. Figures come from Pitchbook’s VC Ecosystem Rankings and are updated as of April 2024.

Measuring Venture Capital Growth

Pitchbook’s proprietary Growth Score measures VC growth momentum in deal, exit, and fundraising activity in the past six years.

Asia On The Rise

Asian cities, including Hefei, Singapore and Tokyo, made up a majority of the 10 fastest-growing venture capital cities. In particular, four Chinese cities ranked among the top 10, representing the country’s flourishing startup scene. Tokyo was also the third-ranked city in the world when it came to fundraising value, raising $179.6B in the last six years.