Kailash Kumar
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Top countries and cities with the most unicorn companies
Martin Armstrong, Katharina Buchholz
Jul 6, 2020
The Countries With the Most Unicorns
In the tech world especially, investors are always on the search for the next unicorn - a private company valued at one billion dollars or more - to sink their money into for a big payoff further down the line. High-profile examples of such companies are SpaceX ($36 billion) and Airbnb ($18 billion). As CB Insights data shows, the country where investors are most likely to find a company with such potential is currently the United States. With 228 unicorns based there as of June 2020, second-placed China comes a distant yet still impressive second with 122 . In Europe, The UK leads Germany with 25 unicorns to 13.
The Cities Home to Most Unicorn Companies
China has been a force to be reckoned with in the global startup ecosystem. Beijing is already creeping up on the most famous of all Silicon Valley cities, San Francisco, in the ranking of which places are home to most unicorn companies (startups valued at $1 billion or more).
Shanghai meanwhile is trying to catch up to the major startup location on the U.S.’s opposite coast, New York. The only city in the top 10 that is neither Chinese or U.S.-American is London in rank 5.
Both of the highest-valued startups in the world currently hail from China, highlighting the growing importance of the country in the sector. When counting unicorns by country however, the U.S. is still a way ahead of China with 228 unicorns in the country in June 2020 according to CB Insights, compared with 122 in China. San Francisco’s 64 unicorns, among them Stripe, Airbnb and DoorDash, are complimented in California alone by 51 more in the wider Bay Area and 21 more in Southern California.
https://www.statista.com/chart/22200/cities-with-most-unicorn-companies/
Martin Armstrong, Katharina Buchholz
Jul 6, 2020
The Countries With the Most Unicorns
In the tech world especially, investors are always on the search for the next unicorn - a private company valued at one billion dollars or more - to sink their money into for a big payoff further down the line. High-profile examples of such companies are SpaceX ($36 billion) and Airbnb ($18 billion). As CB Insights data shows, the country where investors are most likely to find a company with such potential is currently the United States. With 228 unicorns based there as of June 2020, second-placed China comes a distant yet still impressive second with 122 . In Europe, The UK leads Germany with 25 unicorns to 13.
The Cities Home to Most Unicorn Companies
China has been a force to be reckoned with in the global startup ecosystem. Beijing is already creeping up on the most famous of all Silicon Valley cities, San Francisco, in the ranking of which places are home to most unicorn companies (startups valued at $1 billion or more).
Shanghai meanwhile is trying to catch up to the major startup location on the U.S.’s opposite coast, New York. The only city in the top 10 that is neither Chinese or U.S.-American is London in rank 5.
Both of the highest-valued startups in the world currently hail from China, highlighting the growing importance of the country in the sector. When counting unicorns by country however, the U.S. is still a way ahead of China with 228 unicorns in the country in June 2020 according to CB Insights, compared with 122 in China. San Francisco’s 64 unicorns, among them Stripe, Airbnb and DoorDash, are complimented in California alone by 51 more in the wider Bay Area and 21 more in Southern California.
https://www.statista.com/chart/22200/cities-with-most-unicorn-companies/
