The 2025 Dealroom Global Tech Ecosystem Index is out

The 2025 Dealroom report is out, revealing a comprehensive snapshot of today´s tech startup landscape. It analyses 288 cities across 69 countries, evaluating factors such as venture capital investment, ecosystem momentum, AI talent, number of unicorns, university linkages, and patent activity. The report reveals where innovation is thriving, highlights the key strengths of leading ecosystems, identifies existing gaps, and maps their overall position on the world stage.

To nobody´s surprise, the Bay Area, New York City, and Boston remain the top tech hubs globally. Paris, however, has been identified as the fourth major global champion in the startup ecosystem landscape, establishing itself as the leading European tech hub ahead of London, Stockholm, and Munich.

What the report clearly highlights is that a growing number of smaller ecosystems are closing the gap, prioritising smarter scaling approaches, stronger alignment between founders, investors, and policy being able to create conditions for long-term value.

Despite this growing geographical diversity of ecosystems, some notable tech powerhouses are surprisingly absent from the top rankings. Notably, major hubs in China such as Shanghai and Beijing are found outside the top 10, with Shenzhen not featured in the top 20 at all.

Click here for the full report: https://dealroom.co/tech-ecosystem-index-2025