Global Innovation News — November 2023

November 1st, 2023

6 min readNov 6, 2023

Global Innovation News (GIN) is a curated resource, showcasing hard-to-find, early-stage technology companies and related startup industry news from around the world.

Quote of the Month
“While the range of people, organizations, resources, and conditions involved in an entrepreneurial ecosystem are useful to understand, they are not the most critical construct. Instead, the interaction between each of the components is what matters.”
-Brad Feld, Author of The Startup Community Way:
Evolving an Entrepreneurial Ecosystem

Featured Startup News

Global

MARKETS Ranked: The World’s 50 Top Countries by GDP, by Sector Breakdown
Source: Visual Capitalist

The Mega Trends That Will Shape Our Future World
Source: Forbes

The Tech Ecosystem: Silicon Valley Isn’t The Only Game In Town
Source: Forbes

The number of tech unicorns fell 40% in 2022 | Global Startup Ecosystem report
Source: GamesBeat Next

What makes the best conditions for sustainability start-ups?
Source: Economist Impact

25 Largest Economies in the World by 2030
Source: Yahoo! Finance

Legends Wins Phocuswright/WiT Global Startup Pitch
Source: PhocusWire

X-PITCH 2023 Announces Global TOP 100 Startups
Source: Yahoo! Finance

Why Startups Are Leveraging Global Venture Capital Network Investment Opportunities
Source: Forbes

These Are The 12 Global Cities With The Highest Number Of Unicorn Startups
Source: OfficeChai

Where are Immigrant Founders of U.S. Unicorns From?
Source: Visual Capitalist

15 Biggest Startup Failures in the World
Source: Yahoo! Finance

Africa

Top 10 best performing African startup ecosystems for gender diversity
Source: Business Insider Africa

Innovating a Global Africa: Global Startup Awards Africa Summit embeds innovation across startup nations
Source: Tech in Africa

How Saudi Arabia Is Fostering a Supportive Startup Ecosystem
Source: Harvard Business Review

Egypt’s startup ecosystem tests its resilience amid economic turbulence
Source: Al-Monitor

As Africa’s struggling currencies hinder growth, should startups fundraise in local currencies?
Source: TechCabal

Founders Factory Africa raises $114M to invest in African startups
Source: Techloy

Meet the African startups competing at TechCrunch’s 2023 Startup Battlefield 200
Source: benjamindada.com

Microsoft-backed FAST Accelerator Announces 12 African Startups Selected for Artificial Intelligence (AI) Program
Source: PR Newswire

How early-stage South African startups can survive the VC crunch
Source: TechCabal

African startups shine bright amid economic downturn
Source: DigiTimes Asia

Asia

South Korea’s startup ecosystem shows great promise
Source: Lexology

JPMorgan Plans Expansion in India’s Startup Ecosystem
Source: Yahoo! Finance

Is MENAP’s budding start-up ecosystem ready to blossom?
Source: McKinsey & Company

Investment Outlook for India’s Startup Ecosystem in 2023
Source: India Briefing

Waze Founder Unlocks The Secret Of Israel’s Unique Tech Startup Ecosystem
Source: Forbes

Southeast Asia’s Startup Ecosystem: Hopeful Utopia or Reality Check?
Source: Tatler

Here are top 10 Singapore start-ups to work for, according to LinkedIn — most are in fintech
Source: CNBC

How Science Competitions Inspire Innovation in Asia-Pacific
Source: Genetic Engineering & Biotechnology News

Why Asia is Poised to Be the Next Global Titan in Digital Finance
Source: Entrepreneur

Celesta Capital: At a sweet spot in India’s deep tech startup landscape
Source: Forbes India

Back Back World Entrepreneurs Day 2023: How India can become the global leader of startup ecosystem?
Source: mint

How Israel’s startup culture powers contech innovation
Source: Construction Dive

YC says visa challenges hampering participation of international founders
Source: TechCrunch

Australia/Oceania

Australia’s Financial Technology Startups Are Changing How Banks and Financial Institutions Procure New Tech
Source: TechRepublic

LinkedIn’s 2023 list of top Australian startups features one woman … and 32 men
Source: Smart Company

Innovation in Australia
Source: Global Australia

Zoho for Startups reaches Australia
Source: iTWire

AO StartUps unveils seven new companies
Source: Aus Open

Stone & Chalk expands footprint into New Zealand
Source: Technology Decisions

Europe

Europe will strengthen its position in these 3 industries within the next decade
Source: Tech.eu

Silicon 100: 23 European Startups to Follow in 2023
Source: EE Times

After years of explosive growth, the French tech ecosystem is at a turning point
Source: TechCrunch

Northern Lights: why founding your startup in Scandinavia is a shortcut to success
Source: Maddyness

TOP 100 Swiss Startups: Meet the Who’s Who of this thriving startup ecosystem
Source: EU-Startups

Estonian Market Supporting New Startups and Entrepreneurial Ideas
Source: The Baltic Times

The Growing Pains of The Bulgarian Ecosystem: Why Quality Startups are Scarce
Source: The Recursive

Istanbul and Lisbon on the rise as buzzing European startup hubs
Source: Silicon Canals

Dublin drops out of top 10 start-up cities ranking in Europe
Source: Silicon Republic

Scandinavian tech giants like Spotify and Klarna “have fostered a new generation of entrepreneurs”
Source: Tech.eu

E-stonia: How the Baltic minnow became a tech powerhouse
Source: The Stack

Who’s winning the tech tussle between Germany and France?
Source: sifted

Mapping the evolution of Germany’s blockchain ecosystem
Source: Data Economy

Inside the UK Legal Startup Scene, with Henry Humphreys
Source: JD Supra

After Vinted: Lithuania’s Startup Scene Seeks Global VCs And Talent
Source: Forbes

15 Early-Stage Greek Startups to Keep an Eye on in 2023
Source: The Recursive

Investments in Estonian startups decrease — but they’re still doing well
Source: Estonian World

HCVC Announces $75 Million Deep Tech Fund To Support Startups In Europe And North America
Source: Robots.net

North America

5 great US startup ecosystems to explore for your next job
Source: Techspot

How Canada can make its startup ecosystem more inclusive
Source: Phys.org

GFX 2023 seeks to showcase Sacramento’s startup ecosystem
Source: The Business Journals

Denver Startup Week kicks off with talks about the ‘State of the Startup Ecosystem’
Source: Denver Gazette

Startups Reach a 14-Year High: Pandemic Impacts on Economic Dynamism Come Into Focus
Source: Economic Innovation Group

Mexico City Hosts Startups Latam Week in Search of New Unicorns
Source: Contxto

Why tech talent and startups are flocking to Calgary, Alberta, Canada
Source: GeekWire

New York is a tech startup hotbed after almost a decade-long run of IPOs
Source: CNBC

Inno on the Road: New startups entering Maine ecosystem already have an impact
Source: The Business Journals

Canadian Startups Offer Great Plan B For U.S. Investors
Source: Forbes

5 Great U.S. Tech Startup Ecosystems For Jobs
Source: Tech HQ

Exploring Colorado’s Startup Ecosystem: Incubators, Accelerators, and Funding Opportunities
Source: Colorado Biz Magazine

South America

Cube Ventures and Innogen partner to boost the startup ecosystem in Latin America
Source: Contxto

Fintech startup Finerio secures $6.5M to create open finance ecosystem in Latin America
Source: TechCrunch

Latin America Shows Investment Promise — But Challenges Remain
Source: Forbes

8 Latin American VCs share why they’re brimming with optimism about the region’s startups
Source: TechCrunch

Data snapshot: Brazil still leading Latin America agrifoodtech investment, but keep an eye on Mexico
Source: AgFunder Network

Fast Track News This Monday: Fintech and Green Innovations Ignite Latin America’s Startup Ecosystem
Source: Contxto

How to change the face of Latin America’s underrated tech talent
Source: Latin America Reports

Featured Video

Seoul’s Journey to the Global Top 5 Startup City with Startup Genome | Try Everything 2023
Seoul’s Journey to the Global Top 5 Startup City with Startup Genome | Try Everything 2023
Stephan Kuester, Partner, Head of Ecosystem Strategy at Startup Genome speaks about Seoul at the Try Everything 2023 Festival: A global startup festival where promising startups, investors, accelerators, and other startup players from around the world gather in one place.
Source: Startup Genome

Featured Book

More Good Jobs: An Entrepreneur’s Action Plan to Create Change in Your Community
Martin Babinec

More Good Jobs is the playbook for turning your community into a magnet city, helping local entrepreneurs to start and grow companies and, in doing so, creating more good jobs for everyone in our communities.

Global Innovation News

If you have any questions, please contact Chris Valentine at valentine@adeointeractive.com and follow him on Twitter at https://twitter.com/valentinechris