Top 10 Locations Ranked by Overall Score
By Lucidity Insights Research Team 13 November 2023

Top 10 Locations Ranked by Overall Score

Overall, US & Chinese cities dominate the top 10 list though UK, Germany, and Korea appear as well.

Notably, established cities like New York, Shanghai, London, and Berlin strike the perfect balance between development and growth to maintain their positions across all three lists. 

The evolving dynamics in the VC world are not crystal clear.

While Asia remains a powerhouse in development, emerging cities like Dubai and Detroit are propelling forward in the global race for VC dominance.

Related Report

Dubai's Venture Capital Ecosystem

There are 749 scale-ups that have raised over US $1 million in fundraising in the Middle East and North Africa region; collectively raising over US $19.5 billion, cumulatively, as of December 2022. Over 40% of these scale-ups call Dubai home.