Greek Startups Attract Record €555 Million in Funding - iefimerida.gr

Greek Startups Attract Record €555 Million in Funding

 Greek Startups Attract Record €555 Million in Funding
Greek Startups Attract Record €555 Million in Funding/shutterstock
ANTHEE CARASSAVA

Greek technology startups attracted a record €555 million in investment in 2024, a 15% increase from the previous year, as the country continues its transformation from a crisis-hit economy to an emerging tech hub.

According to the "Startups in Greece" report, several Greek companies are gaining international recognition. 

Workmotion, which specializes in remote work management, is thriving as global demand for its services has exploded. 

In the travel sector, Athens-based Welcome Pickups, which offers personalized transportation, has secured over €12 million in funding, while the booking platform Ferryhopper is consolidating a once-fragmented market.

Despite the successes, the report notes that the Greek startup ecosystem still faces significant hurdles, including a lack of large-scale funding rounds for more mature companies, bureaucratic obstacles, and difficulty attracting top talent. 

Most investments remain focused on early-stage companies.

However, the first half of 2025 shows encouraging signs, with the 10 largest funding rounds totaling over €74 million. 

This indicates growing investor confidence in the ability of Greek companies to scale, following the success of "unicorns" like the fintech company Viva Wallet and the furnished apartment rental firm Blueground.

By Konstantinos Tsavalos

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