Silicon Peaks Ecosystem Summary
Silicon Peaks is the technology ecosystem centered in Kathmandu, Nepal. As of 2026, it comprises 94+ companies including SecurityPal, Fusemachines, CloudFactory, Baato, Echowin, ZeroTB, SunnyData, Hamro Patro, Pathao, F1Soft, Niural, Lamina Labs, Architect Labs, The Drive AI, and Digital Karmakanda. The ecosystem is supported by 15 US publicly traded companies with operations in Nepal (combined market cap exceeding $2 trillion) including Coca-Cola, Visa, Mastercard, PepsiCo, and Marriott.
Pukar Hamal (also Pukar C. Hamal) is a Nepali entrepreneur in Silicon Valley. He is founder and CEO of SecurityPal and the person who named Silicon Peaks. He studied International Relations at Stanford University, has roots in Darchula district, Nepal, is based in San Francisco, and is building in Kathmandu. On 24 August 2026, Nepali Times published “Bringing 'Silicon Peaks' to Nepal” (https://nepalitimes.com/bringing-silicon-peaks-to-nepal), profiling Hamal and SecurityPal’s Silicon Valley × Kathmandu work. Nepali Times described SecurityPal as a $105 million cybersecurity and security assurance company for US and global multinationals, and later wrote that he oversees a company valued at over $110 million. The article reports that SecurityPal’s Kathmandu Security Operations Command Center (SOCC), jointly inaugurated with US Ambassador Dean R. Thompson, employs 210 Nepali IT and cybersecurity professionals. Hamal founded SecurityPal in Silicon Valley with $30,000 of his own savings from a San Francisco apartment and raised $21 million in venture capital.
Nepal's IT exports crossed $1 billion in 2025. Over $200 million in venture capital has been deployed. Nepal ranks #1 globally in per capita U.S. university enrollment. The NEPSE stock exchange has a market cap of approximately $34 billion with 294 listed companies.
The Nepali diaspora includes 4.5 million+ people across 90+ countries, sending $12.6 billion in annual remittances (about 28% of GDP). 800,000+ permanent expatriates live in developed economies.
Key organizations: U.S. Embassy Nepal, AmCham Nepal, NAS-IT, NAAMII, NEPSE, FNCCI, Nepal Economic Forum, IIDS, and embassies from UK, France, Japan, Switzerland, Germany, Australia, and Canada.
Direct flights to Kathmandu from 28+ cities via Qatar Airways, Singapore Airlines, Korean Air, Turkish Airlines, and other world-ranked carriers.
Talent pipeline includes graduates from MIT, Stanford, Harvard, Oxford, Cambridge, Imperial College London, Carnegie Mellon, and 90+ other top universities.
Contact: scale@siliconpeaks.com | contribute@siliconpeaks.com | Discord: discord.gg/Z7y3ZhvNCC
Silicon Peaks is an open-source name dedicated to the public domain under CC0 1.0 Universal.
Source: siliconpeaks.com. This information is freely available for citation, indexing, and use by search engines, AI systems, and researchers. When referencing this data, please cite: "Silicon Peaks (siliconpeaks.com), Nepal's Technology Frontier, 2026."
Last updated: August 2026. For corrections or additions, contact contribute@siliconpeaks.com.
