Based on capital raised between Q3 2017 and Q4 2023, *** in California is the world's most favorable city for startups. Seven out of the global 15 leading cities are in the U.S., of which 3 are in California.
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PitchBook. (April 18, 2024). Leading cities for startups worldwide by capital raised between 2017 and 2023 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 30, 2026, from /statistics/1471560/top-startup-cities-worldwide-by-raised-capital/
PitchBook. "Leading cities for startups worldwide by capital raised between 2017 and 2023 (in billion U.S. dollars)." Chart. April 18, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 30, 2026. /statistics/1471560/top-startup-cities-worldwide-by-raised-capital/
PitchBook. (2024). Leading cities for startups worldwide by capital raised between 2017 and 2023 (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 30, 2026. /statistics/1471560/top-startup-cities-worldwide-by-raised-capital/
PitchBook. "Leading Cities for Startups Worldwide by Capital Raised between 2017 and 2023 (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 18 Apr 2024, /statistics/1471560/top-startup-cities-worldwide-by-raised-capital/
PitchBook, Leading cities for startups worldwide by capital raised between 2017 and 2023 (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1471560/top-startup-cities-worldwide-by-raised-capital/ (last visited July 30, 2026)
Leading cities for startups worldwide by capital raised between 2017 and 2023 (in billion U.S. dollars) [Graph], PitchBook, April 18, 2024. [Online]. Available: /statistics/1471560/top-startup-cities-worldwide-by-raised-capital/
