The Startup Ecosystem of Daejeon
Daejeon has 66 startups in our sample database. This represents about 3% of South Korea’s startups. Daejeon is the 3rd best startup ecosystem in South Korea.
CITY RANKING
In 2024, the startup scene of Daejeon developed considerably and increased in the Global Ecosystem Index by 69 spots.
National Ranking
In South Korea
Regional Ranking
In East Asia
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Daejeon Top Startup Industries
24 startups
13 startups
17 startups
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Ecosystem HealthCheck
Daejeon Ecosystem Health Check
The health check tables allow you to look at the performance Daejeon 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
ECOSYSTEM
Browse the startup ecosystem database of Daejeon
Become our Daejeon Ecosystem Partner
Startup Ecosystem Charts
Startup Funding in Daejeon2017 - 2024
Startup Funding in Daejeon 2017 - 2024
From 2022 to 2023, startup funding in Daejeon has decreased by 92.67%. During this period, the number of deals in Daejeon has decreased by 66.67%. Since 2017, total startup funding in Daejeon exceeded US$ $969.36M.
Average Funding in 2023
$2.47M
Funding in 2023
$22.27M
Deals in 2023
9
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Daejeon
Global Rank
Daejeon is ranked within the top 500 startup ecosystems globally.
Top Industries
Daejeon’s startups excel particularly in Healthtech where it ranks 194 and in Hardware & IoT, and Software & Data. Find out more
Top Cities for Startups in South Korea - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
1st 0 | 21st + 3 | 36.838 | 00.00 | 00.00 | 00.00 | |
2nd + 1 | 366th + 78 | 0.973 | 00.00 | 00.00 | 00.00 | |
3rd + 1 | 429th + 69 | 0.689 | 00.00 | 00.00 | 00.00 | |
4th - 2 | 458th - 52 | 0.595 | 00.00 | 00.00 | 00.00 | |
5th new | 1052nd new | 0.100 | 00.00 | 00.00 | 00.00 | |
6th new | 1084th new | 0.091 | 00.00 | 00.00 | 00.00 |
ECOSYSTEM
Why should you join Daejeon's Startup Ecosystem?
Overview
Within Daejeon there is an increased attraction for entrepreneurs to set up their startups in industries such as Healthtech, Hardware & IoT, Software & Data. These three industries represent about 82% of the startups represented on the Startup Ecosystem Map of Daejeon.
3rd
National Rank
35th
Regional Rank
Overview
Daejeon is South Korea's 3rd best startup ecosystem and is ranked 35th in East Asia. With a population of <0.1M people, Daejeon is ranked 429th in the world. The city has some notable startup success stories including Elice.
ECOSYSTEM
Startup Infrastructure in Daejeon
Accelerators
BLOG
Recent Posts
Mon Apr 14 2025
From Service-Based to Product-Based Economy – Lessons from North Macedonia
In this special episode of the Startup Ecosystem Podcast, we revisit a conversation from two years ago, recorded during a visit to North Macedonia. Eli David Rokah, CEO of StartupBlink, sits down with Igor Madjov, founder of Startup Macedonia, to explore how Skopje is evolving from a service-based IT outsourcing city into a product-driven startup […]
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 […]