The Greek Startup Ecosystem in 2025: What the Data Tells Us

The Greek startup ecosystem reached an important milestone in 2025. Behind the headlines and individual announcements, the data points to a maturing market with stronger capital inflows, deeper sector focus, and growing international relevance. Drawing from publicly available data tracked weekly through Techincider, the Greek Startup Funding Report 2025 offers a grounded view of how the ecosystem is evolving and where it may be heading next.

Below are the key highlights from this year’s report.

In 2025, Greek startups and Greek founded companies with operations in Greece and abroad raised a total of €1,448,058,500 across 100 recorded deals. This figure reflects not only equity rounds but also debt financing, grants, and structured capital, capturing a broader picture of how companies are funding growth.

While deal activity remained strong at the early stage, total capital was heavily influenced by a smaller number of large growth stage rounds. This concentration suggests that while experimentation continues, real financial weight is now being placed behind companies that have demonstrated scale, resilience, and international market relevance.

The data confirms a shift from ecosystem building toward ecosystem scaling.

Funding in 2025 was not evenly distributed across sectors. AI, healthcare, mobility, fintech, and deeptech emerged as the most capital intensive and strategically significant areas.

AI stood out as a horizontal enabler, spanning chips, enterprise software, applied tools, and infrastructure. Healthcare and biotech showed strong continuity across stages, benefiting from long development cycles and alignment with institutional and European funding. Mobility and eMobility attracted substantial capital due to asset heavy business models and the availability of alternative financing structures.

Together, these sectors point to an ecosystem increasingly aligned with long term technological, demographic, and policy driven trends rather than short term consumer plays.

A defining feature of 2025 was the high volume of pre seed and seed stage activity. The majority of deals recorded fell within these stages, highlighting a healthy pipeline of new founders and ideas entering the market.

At the same time, the largest share of capital flowed into Series B, C, and D rounds. These later stage investments were often backed by international venture firms, institutional investors, and European funding bodies. This pattern reinforces a critical dynamic within the Greek ecosystem. Early stage formation is largely supported by local venture capital and angel networks, while scale is enabled by global capital.

The next 5 years will be decisive as many of today’s early stage companies move toward growth and face the challenge of retaining value creation within the region.

The report highlights the importance of a core group of local venture capital firms and angel networks that consistently support companies at the earliest stages. These investors play a foundational role in de risking innovation and enabling experimentation.

As companies mature, international venture funds, European institutions, and strategic investors take the lead. Their growing presence reflects both the quality of companies being built and the current limitations of domestic late stage capital.

This layered investor structure underscores a clear opportunity for the ecosystem to strengthen follow on funding pathways and attract more growth capital locally.

Read the Full Report

The Greek Startup Funding Report 2025 is intended to be a reference point, not a definitive record. It captures progress, momentum, and emerging patterns across Greece and the global markets where Greek founders operate.

We look forward to building on this first edition and continuing to track the evolution of the ecosystem in the years ahead.