The Startup Ecosystem of Busan

Busan has 9 startups in our sample database. This represents about 1% of South Korea’s startups. Busan is the 3rd best startup ecosystem in South Korea.

CITY RANKING

Since 2023, Busan lost 237 spots in the Global Startup Ecosystem Index, having now positioned itself as 444th worldwide.

National Ranking

3rd
-
1
In South Korea

Regional Ranking

35th
-
15
In East Asia

Global Ranking

444th
-
237
Worldwide

Startups

Busan Top Startup Industries

Software & Data icon
Software & Data
2 startups

2 startups

Healthtech icon
Healthtech
1 startups

1 startups

Fintech icon
Fintech
1 startups

1 startups

Ecosystem HealthCheck

Busan Ecosystem Health Check

The health check tables allow you to look at the performance Busan 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
ParameterParameter Global rankParameter rank change since 2022ResultContribution to total scoreRank gain / loss due to parameter
Total Score444-2370.674100%0
Quantity Score530-554290.07711.37%-57
Sample size of startups615-674-3876.92%-81
Sample size of accelerators341-477010%-5
Sample size of coworking spaces453-4985260%-17
Community Score258-632690.034.45%5

ECOSYSTEM

Browse the startup ecosystem database of Busan

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Ecosystem

The Startup Ecosystem in Busan

Startups in Busan excel in Software & Data, Healthtech, and and Fintech. There are some notable success stories contributing to the city’s growing Software & Data industry. One of the most promising startups in Busan in 2023 is Socar, PharmCADD, and ZeroWeb.

Global Rank

Busan is ranked within the top 500 startup ecosystems globally.

Top Industries

Busan’s startups excel particularly in Software & Data and in Healthtech, and Fintech. Find out more

Top Cities for Startups in South Korea - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2023 National Rank & Change ▲
2023 National Rank & Change City
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Global Rank & ChangeTotal Score
Access subscores for 1000 cities and 100 countries
Quantity Score
Quality ScoreBusiness Score
1st
0
24th
+
1
31.081
00.00
00.00
00.00
2nd
+
2
406th
+
388
0.786
00.00
00.00
00.00
3rd
-
1
444th
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237
0.674
00.00
00.00
00.00
4th
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1
498th
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77
0.501
00.00
00.00
00.00
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Startups

Notable Startups in Busan
Socar startup icon
Socar
PharmCADD startup icon
PharmCADD
ZeroWeb startup icon
ZeroWeb

Startups

Successful Software & Data startups in Busan
ZeroWeb startup icon
ZeroWeb

ECOSYSTEM

Why should you join Busan's Startup Ecosystem?

Overview

3rd

National Rank

35th

Regional Rank

Overview

Featured Startup Ecosystems

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Mon Sep 25 2023

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