San Francisco Has the Most Active Start-Up Scene
In the face of the global financial crisis, the American entrepreneurial spirit has come under scrutiny, yet the country is playing host to countless new innovative companies. San Francisco had the most active technology start-up scene worldwide over the past 12 months, with 236 organisations receiving angel funding (money from wealthy individuals who are often established entrepreneurs themselves), 292 receiving venture capital and 64 exiting the start-up phase
New York came second on the list of cities with the most active start-up scenes. In the Big Apple, 197 and 232 organisations received angel investment and venture capital respectively. Proving that the United States has international competition, London rounds off the top three cities in terms of start-up activity.
This chart shows the most active cities for start-ups over the past 12 months.