Startup

The global start-up revolution continues to grow. Global venture capital investments in start-ups hit a decade high in 2017, with over $140 billion invested. Total value creation of the global start-up economy from 2015 to 2017 reached $2.3 trillion—a 25.6% increase from the 2014 to 2016 period. This continued growth, fundamental shifts are occurring. The types of companies that fuelled the first and second generation of global start-up ecosystems—social media apps, digital media, and other pure internet companies—are declining While these companies have built the current infrastructure that the new generation of start-ups use—think Facebook and Google as a platform for global marketing, WordPress for content publishing— start-up formation in these sub-sectors is not growing as it used to, and in some cases, it is declining.

Top start-up hubs like Silicon Valley, London, and New York continue to dominate top-level activity and maintain their status as the top performers for most sub-sectors. But we see strong up-and coming ecosystems in specific sectors like Fintech, Cybersecurity, and Blockchain.

New Era of Tech: Third Wave and Deep Tech

In this new era of tech, successful start-ups will do one of two things:

  • 1 Tackle specific Third Wave verticals—think Uber for mobility or Airbnb for hospitality.
  • 2 Rely on Deep Tech—build businesses through technological breakthroughs, e.g. distributed ledgers, AI, or Life Sciences. We see this rise of Third Wave and Deep Tech clearly in the data
  • for sub-sector growth. The fastest growing sub-sectors all fit these categories of Third Wave and Deep Tech, while declining sub-sectors are mostly associated with the first- and second-wave tech start-ups.

AREAS OF FOCUS

Top 4 Growing Sub-Sectors

  • Adv. Manufacturing & Robotics (189% 5-year increase in early stage funding deals)
  • Agtech & New Food (171% 5-year increase)
  • Blockchain (163% 5-year increase)
  • Artificial Intelligence, Big Data & Analytics (77.5% 5-year increase)

THE OBJECTIVE

Inspiring conversations around entrepreneurial opportunities that leapfrog current constraints Our Global Network We work with public and private decision makers in accelerators, support organizations, governments, and others at the local level to build consensus and drive change. Every partner provides valuable insights and relationships with start-ups. Our Members take the lead in representing and developing their start-up ecosystems and, through our network, benchmark their region and share lessons with each other. Learn more about our members and partners below.