National Ranking
4th
In South KoreaUlsan stands among Korea's top startup ecosystems, punching above its weight as an industrial city rapidly building a technology-driven entrepreneurial base.

11 startups
28 startups
33 startups
Description not available
As Korea's leading hydrogen hub, the city offers startups in this space something rare: proximity to real industrial-scale energy infrastructure and a policy environment actively backing the clean energy transition.
Ranked 13th among East Asian cities with populations under 100,000 in the Hardware & IoT industry.
4th
In South KoreaUlsan stands among Korea's top startup ecosystems, punching above its weight as an industrial city rapidly building a technology-driven entrepreneurial base.
32nd
In East AsiaA rising presence in one of the world's most competitive startup regions, Ulsan is carving out a distinct identity anchored in deep-tech, manufacturing innovation, and green energy.
391st
WorldwideUlsan is gaining global recognition as an emerging startup hub, where industrial heritage and a growing cohort of tech founders are converging into a credible innovation ecosystem.
Startup Funding in Ulsan 2017 - 2026
From 2024 to 2025, startup funding in Ulsan has remained stable%. During this period, the number of deals in Ulsan has remained stable%. Since 2017, total startup funding in Ulsan exceeded US$ $0.
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