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HexGn Study: Startup Investors Shun Asia in 2019 and Flock to Americas and Europe

NEW YORK, N.Y. -- HexGn released a study of the funding trends in the global startup ecosystem in 2019; the team analyzed over 60,000 deals and one million data points for the report. Globally, the total funding for technology Startups this year dipped by 22 percent to $293 billion from $375 billion in 2018, with a 27 percent drop in deals. Health & Medtech clocked the highest number of transactions, while Fintech scored in terms of numbers in 2019.

In North America, funding came down to $154 billion from $165 billion in 2018, with a 31 percent drop in deals. However, If there ever was a time in recent years that the US moved far ahead of others, it is 2019. The US attracted more startup funding than the next 30 countries combined, combing $100 billion more Startup funding than second-placed China. San Francisco Bay Area, on its own, drew 18 percent of the global Startup funding.

Asia bore the brunt with investments shrinking 47 percent to $83 billion from $157 billion last year, and the deals went down by 27 percent, primarily due to China Startup funding crashing from $117 billion to just $51 billion in 2019, a drop of 56 percent. However, India bucked the Asian mayhem, with investments surging to $14 billion, up 18 percent in 2019.

Despite being in the news for 'Brexit,' declining auto sales and banking sector woes, Europe Startup funding held steady. Investments went up by eight percent from $43 billion to $47 billion in 2019, with the number of deals dropping by 20 percent, due to the continued focus of European governments on startups.

In Africa, investments grew from $1.7 billion to $1.85 in 2019; deals fell by 16 percent. South America got $3.95 in 2019 over $3.45 billion last year, and the deals dipped by 15 percent. The investments in the Oceania region went down by six percent from $2.8 billion to $2.7 billion in 2019.

In the 2019 annual Startup report, HexGn announced the Top Ten Startup Cities for 2020. In the order of global ranking, they are, San Francisco Bay Area, New York, Beijing, London, Shanghai, Delhi NCR, Singapore, Los Angeles County, Hangzhou and Bengaluru. These top ten cities from five countries, the United States, the United Kingdom, China, India and Singapore, account for 58 percent of global funding, signifying its standing.

Big things start small, Bahrain, Croatia, and Romania find a mention in the HexGn 2019 Global startup report for growing their Startup funding by over twenty times in 2019, despite the slowdown.

About HexGn

HexGn through its global research, industry events, and programs, equips students, entrepreneurs and businesses to tap into new opportunities and Future Proof themselves.


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UK Entrepreneur Battled with Superheroes to Make it to Los Angeles TechDay

LOS ANGELES, Calif. -- We all know launching a start-up is hard but British entrepreneur, Graham Jules of Pop Up World(R) London bit off more than he could chew. Marvel and DC Entertainment's solicitors threatened legal action because of the word "Superheroes" in the title of his start-up manual Business Zero to Superhero. Marvel and DC jointly own the trademark to Superheroes.

Undeterred, Graham, a Business Law graduate, donned his cape and a two-and-a-half-year legal battle ensued which amazingly resulted in Marvel and DC backing down and Jules's start-up awarded the trademark in 2016.

Jules says: "Just because you're a start-up, doesn't mean you can't take on the big boys!"

Fast forward to 2019 and Jules is hoping to showcase his latest project, Pop Up World, at Tech Day LA on Sept. 26, 2019. It aims to help other start-ups launch and grow. Pop Up World is a one-stop shop for start-ups.

Jules says, "If you want to watch a movie you may go to Netflix. If you want to buy a book you would go to Amazon. But where do you go if you are launching a start-up? The answer is Pop Up World. We offer services that start-ups need to launch and grow from company formation to a commercial space finder to business advice and even an AI you can talk to and ask business questions."

Battling superheroes and launching a business is super hard and not recommended for the faint-hearted. Jules adds, "Yes, running a start-up is difficult, we are hoping to lighten that load, with our service and are looking to enter the US market".

He has certainly chosen the right place. TechDay Los Angeles opens its doors on the 26th of September 2019 at The Reef, 1933 S Broadway, Los Angeles, CA 90007, 10 a.m.-5 p.m.

The event will host some key sponsors from Amazon Web Services, to Uber and 250 super-exciting tech start-ups will exhibit.

To attend TechDay go to:

For more info on Pop Up World(R)


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