Silicon Valley continues to confirm its role as the global epicenter of innovation.

While its dominance remains unchallenged, the Bay Area constantly reinvents itself, expanding year after year and sparking new waves of innovation.

That’s why it is crucial to monitor its evolution closely. In this Research Brief, we provide the most up-to-date figures, building on the Report we released in 2023. For a more comprehensive analysis, we refer back to that publication. Additional details can be explored through the online directory and interactive map available on our MTB Ecosystem platform, featuring individual profiles of all mapped entities.

On the occasion of our Scaleup Summit in San Francisco, we also updated our prior research on global corporate innovation (“corporate innovation outposts”) and government-led initiatives (“ecosystem builder outposts”), and we introduced a brand-new analysis of VCs. All reports are available for download on the MTB Ecosystem platform as well as a directory and interactive map.