National Ranking
4th
In South KoreaUlsan stands among Korea's top startup ecosystems, punching above its weight as an industrial city rapidly building a tech-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 tech-driven entrepreneurial base.
32nd
In East AsiaUlsan was one of East Asia’s biggest climbers and fastest growers in 2026, ranking among the top regionally in both metrics.
391st
WorldwideAfter debuting in the Index last year, Ulsan broke through into the global top 400 this year, rising 155 spots to #391.
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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