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Over the last few years, many cities like Los Angeles have joined the ranks of Silicon Valley and New York as some of the world’s top hubs of tech innovation. Between 2013 and 2016, startup funding in the city of Los Angeles has tripled.

We have seen the small spread of funds throughout the United States for sure, but other major cities worldwide have not seen the same growth. Ahmed Shabana, Founder of Global Ventures Summit and Managing Partner at Parkpine Capital, noticed this trend and decided to do something about it.

Image: Photo: Bloomberg