Greece “leads” in the creation of startup companies in the Balkans, according to data from the new report by Innotechnics for the region, which counts 12,000 active startups, as shared by Greek media.
In 2024-2025, Greece ranked third in the number of new startups (163 companies – 21%) after Serbia and Romania, two countries in which a total of 50% of new startups were established. Meanwhile, in 2022-2025, Greece ranked second in the deal value of startups ($699 million), after Croatia ($883 million). Following are: Romania with $408 million, Bulgaria with $346 million, and Serbia with $95 million.
A startup is a new company with an innovative idea that aims for rapid growth through investments and expansion into large or international markets.
Specifically, the Greek ecosystem is characterized as mature and shows innovation in many sectors, according to the picture presented at the Startupper Awards 2025. A key pillar is AI with many applications, e.g., as an investment tool or business analysis, and health tech, which can provide solutions, e.g., for rare diseases, nutrition, and longevity.
Other sectors with intense activity include financial technology with solutions, e.g., for digital payments and wealth management, as well as innovation in accessibility and cybersecurity, which create a more inclusive and secure digital environment for citizens, businesses, and the public sector.
Πηγές: Capital, Power Game, ΑΠΕ-ΜΠΕ
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