CB Insights, an analytics corporation, recently released a report focusing on global hotspots of technological activity.
The platform analyzed investments in 25 metropolitan areas from high-growth hubs like Shanghai to up-and-coming cities like Stockholm.
According to the report, Silicon Valley still plays a dominant role. Since 2012, companies there brought in a total of US$ 140 billion from 12,000 deals, which surpassed the combined total of the rest of the world.
However, Beijing and Shanghai are catching up, buoyed by large rounds to hot startups like Didi, Toutiao, Mobike and Ele.me. Company creation is certainly accelerating.
The following are the top ten global technology hubs with most deals: