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The Startup Ecosystem of Hamilton

Hamilton has 98 startups in our sample database. This represents about 1% of Canada’s startups. Hamilton is the 13th best startup ecosystem in Canada.

CITY RANKING

In 2024, the startup scene of Hamilton developed considerably and increased in the Global Ecosystem Index by 40 spots.

National Ranking

13th
+
1
In Canada

Regional Ranking

94th
+
12
In North America

Global Ranking

279th
+
40
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Hamilton Top Startup Industries

Healthtech icon
Healthtech
#149 worldwide

16 startups

Transportation icon
Transportation
#153 worldwide

3 startups

Marketing & Sales icon
Marketing & Sales
#233 worldwide

4 startups

Ecosystem HealthCheck

Hamilton Ecosystem Health Check

The health check tables allow you to look at the performance Hamilton has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
IndustryGlobal rankMomentum YoYNumber of Startups
Global27998
Healthtech1497720
Transportation00.0000.0000.00
Marketing & Sales00.0000.0000.00
Software & Data00.0000.0000.00
Hardware & IoT00.0000.0000.00
Ecommerce & Retail00.0000.0000.00
Fintech00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Hamilton

Download list
Scribenote startup logo
Software & Data | Software
Unranked
Unranked
Unranked
EcoSynthetix startup logo
Hardware & IoT | Manufacturing
Unranked
GeoDigital startup logo
Software & Data | Enterprise Technology
Unranked
Nix Sensor startup logo
Ecommerce & Retail | Proptech
Unranked
ExoTech startup logo
Software & Data | Enterprise Technology
Unranked
Weever startup logo
Software & Data | Enterprise Technology
Unranked
Nix Sensor Ltd. startup logo
Ecommerce & Retail | Consumer Goods
Unranked
IRIS R&D Group Inc. startup logo
Software & Data | Artificial Intelligence
Unranked
Fibracast startup logo
Software & Data | Enterprise Technology
Unranked

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Startup Ecosystem Charts

Startup Funding in Hamilton2017 - 2024

Startup Funding in Hamilton 2017 - 2024

From 2022 to 2023, startup funding in Hamilton has increased by 122.41%. During this period, the number of deals in Hamilton has decreased by 39.13%. Since 2017, total startup funding in Hamilton exceeded US$ $457.55M.

Average Funding in 2023

$9.47M

Hamilton
Canada
+265.39% YoY

Funding in 2023

$132.64M

Hamilton
Canada
+122.41% YoY

Deals in 2023

14

Hamilton
Canada
-39.13% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B06121824

Ecosystem

The Startup Ecosystem in Hamilton

Startups in Hamilton excel in Healthtech, Transportation, and Marketing & and Sales. There are some notable success stories contributing to the city’s growing Healthtech industry. One of the most promising startups in Hamilton in 2024 is Scribenote, Fusion Pharmaceuticals, and AtomVie Global Radiopharma.

Global Rank

Hamilton is ranked within the top 300 startup ecosystems globally.

Top Industries

Hamilton’s startups excel particularly in Healthtech where it ranks 149 and in Transportation, and Marketing & Sales. Find out more

Top Cities for Startups in Canada - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
1st
0
22nd
+
1
36.732
00.00
00.00
00.00
2nd
0
40th
+
1
20.495
00.00
00.00
00.00
3rd
0
43rd
+
1
17.743
00.00
00.00
00.00
4th
0
67th
+
1
10.193
00.00
00.00
00.00
5th
0
90th
-
14
8.588
00.00
00.00
00.00
6th
0
107th
+
4
7.280
00.00
00.00
00.00
7th
0
144th
-
15
4.542
00.00
00.00
00.00
8th
0
148th
-
4
4.366
00.00
00.00
00.00
9th
0
179th
+
1
3.232
00.00
00.00
00.00
10th
+
1
219th
+
6
2.118
00.00
00.00
00.00
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Download CSV file
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Startups

Notable Startups in Hamilton
Scribenote startup icon
Scribenote
Fusion Pharmaceuticals startup icon
Fusion Pharmaceuticals
AtomVie Global Radiopharma startup icon
AtomVie Global Radiopharma

ECOSYSTEM

Why should you join Hamilton's Startup Ecosystem?

Overview

Within Hamilton there is an increased attraction for entrepreneurs to set up their startups in industries such as Healthtech, Transportation, Marketing & Sales. These three industries represent about 23% of the startups represented on the Startup Ecosystem Map of Hamilton.

13th

National Rank

94th

Regional Rank

Overview

Hamilton is Canada's 13th best startup ecosystem and is ranked 94th in North America. With a population of 0.5M - 1M people, Hamilton is ranked 279th in the world. The city has some notable startup success stories including Scribenote.

ECOSYSTEM
Startup Infrastructure in Hamilton
With a large variety of initiatives, Hamilton's startup ecosystem stands out from other cities in North America. Hamilton offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Hamilton's most prominent support initiatives:

BLOG

Recent Posts

Wed Apr 02 2025

Corporate Startup Activity Index 2025

For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index  is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]

Thu Mar 06 2025

The Impact of Government Support on Startups

A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]

Thu Feb 20 2025

Learning from Bulgaria: Stakeholder Engagement in Startup Ecosystems

In this episode of the Startup Ecosystem Podcast, we’re traveling back in time by revisiting an old recording to explore the state of Bulgaria’s startup ecosystem in 2022. This episode features an interview by Eli David Rokah, CEO of StartupBlink, with Momchil Vassilev, the Managing Director of Endeavor Bulgaria, discussing how different stakeholders’ engagement in […]