According to rankings released by Seedtable, the United States is the world’s driving force behind start-up companies, home to the most active start-up cities. Indeed, American start-up geography is well known across the world, with Silicon Valley and Boston’s Route 128 particular highlights.
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.