Top 20 Fastest Growing VC Ecosystems Globally (Q2 2017 - Q3 2023)

Last month, PitchBook launched their VC Ecosystem Rankings which compares and scores VC ecosystems based on their development and growth rates.

Their Development Score evaluates the size and maturity of ecosystems, and elite cities are topping the charts as undisputed VC meccas, boasting impressive capital-raising records, startup deals, and a rich history of successful VC-backed exits.

Known for its towering skyscrapers and luxurious lifestyle, Dubai now emerges as a major player in the VC growth rankings, clinching the top spot where VC growth is concerned.

Dubai's accelerated transformation into a global VC leader is nothing short of spectacular, and 58% of all Arab world venture funding happens in Dubai.