Status of the Global Startup Ecosystem
Try Everything, Seoul
According to the Global Startup Ecosystem Report 2023 published by 'the US Startup Genome', a global startup ecosystem analysis agency, Seoul ranked 12th out of 290 cities in the global startup ecosystem, in terms of Ecosystem Value. was valued at $211 billion.
Startup Genome cited an excellent talent pipeline, innovation-friendly environment, and excellent market access as Seoul's strengths. By industry, following last year, AI & Big Data, Healthcare, Manufacturing & Robotics It has been found to have strengths in the field.
Currently, 20 out of 23 domestic unicorn companies (corporate value of over 1 trillion won, unlisted) are located in Seoul, which has optimized conditions for start-ups.
We anticipate the possibility of further growth of Seoul’s startup ecosystem in that it actively promotes advancement into a startup ecosystem centered on deep tech, such as , bio, and advanced manufacturing.