Silicon Valley has placed at the top of the global startup ecosystem ranking since it was launched. An international hub for talent and connections, Silicon Valley attracts investment from around the world. In November 2023, Japan’s Ministry of Economy, Trade, and Industry opened a base for Japanese startups in Palo Alto to support global scaling. In January 2024, government and industry representatives from the Philippines launched a strategy to develop Philippines startups in Silicon Valley. In December 2023, nonprofit entrepreneurship organization TiE Silicon Valley announced a mission to train, mentor, and facilitate Indian startups to expand their market presence in the U.S.

Silicon Valley-based Band of Angels, the oldest high-tech angel investment group in the U.S., invested in 16 startups in 2023. Silicon Valley has also emerged as a hotspot for U.S. Defense Tech, with Congress allocating $111 million to the Defense Innovation Unit, a Silicon Valley-based organization dedicated to accelerating the adoption of technology throughout the military.

Renewable energy company SB Energy has raised $3 billion in funding over two rounds, most recently with a $2.4 billion round in November 2023. Artificial intelligence startup Inflection AI has raised $1.5 billion in funding over two rounds, with a recent $1.3 billion round in June 2023. Digital Insurance company Next Insurance raised $265 million in a November 2023 round, bringing their total funding to $1.1 billion.

The Silicon Valley Women in Engineering conference was held in March 2024 and Tech Summit in June. TECHSPO Silicon Valley will take place in October.