Insights

Analysing Global Unicorn Hubs

Unicorns have emerged in most technology hubs like Brazil, Indonesia and Nigeria. It’s no surprise that the BayArea is home to over 50% of the world’s Unicorns. The Bay Area has a mature start-up ecosystem that is focused on technology innovation which has made it a breeding ground for Unicorns. The area also has significant financing options from institutional investors.. China has a mature start-up ecosystem and is producing Unicorns at a rapid rate. DidiChuxing and Xiaomi are some examples of well-funded Unicorns. Israel and UK have a strong start-up ecosystem with a focus on new age technologies while Western Europe has a focus on mechanical and embedded engineering.