Greek Startups Attract Record €555 Million in Funding

Greek exertion startups attracted a grounds €555 cardinal successful concern successful 2024, a 15% summation from the erstwhile year, arsenic the state continues its translation from a crisis-hit system to an emerging tech hub.

According to the "Startups successful Greece" report, respective Greek companies are gaining planetary recognition. 

Workmotion, which specializes successful distant enactment management, is thriving arsenic planetary request for its services has exploded. 

In the question sector, Athens-based Welcome Pickups, which offers personalized transportation, has secured implicit €12 cardinal successful funding, portion the booking level Ferryhopper is consolidating a once-fragmented market.

Despite the successes, the study notes that the Greek startup ecosystem inactive faces important hurdles, including a deficiency of large-scale backing rounds for much mature companies, bureaucratic obstacles, and trouble attracting apical talent. 

Most investments stay focused connected early-stage companies.

However, the archetypal fractional of 2025 shows encouraging signs, with the 10 largest backing rounds totaling implicit €74 million. 

This indicates increasing capitalist assurance successful the quality of Greek companies to scale, pursuing the occurrence of "unicorns" similar the fintech institution Viva Wallet and the furnished flat rental steadfast Blueground.

By Konstantinos Tsavalos