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The Startup Ecosystem of Galway

Galway has 84 startups in our sample database. This represents about 7% of Ireland’s startups. Galway is the 3rd best startup ecosystem in Ireland.

CITY RANKING

While Galway decreased by 3 spots in its global rank in the Global Startup Ecosystem Index of 2024, its ranking in Ireland remained stable at 3 nationally since 2023.

National Ranking

3rd
0
In Ireland

Regional Ranking

94th
+
6
In Western Europe

Global Ranking

318th
-
3
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Galway Top Startup Industries

Healthtech icon
Healthtech
#133 worldwide

24 startups

Social & Leisure icon
Social & Leisure
#227 worldwide

7 startups

Hardware & IoT icon
Hardware & IoT
#259 worldwide

7 startups

Ecosystem HealthCheck

Galway Ecosystem Health Check

The health check tables allow you to look at the performance Galway has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
IndustryGlobal rankMomentum YoYNumber of Startups
Global318084
Healthtech133024
Social & Leisure00.0000.0000.00
Hardware & IoT00.0000.0000.00
Software & Data00.0000.0000.00
Edtech00.0000.0000.00
Fintech00.0000.0000.00
Ecommerce & Retail00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Galway

Download list
Spotlight Oral Care startup logo
Ecommerce & Retail | Retail
Unranked
Peroptyx startup logo
Software & Data | Artificial Intelligence
Unranked
Ex Ordo startup logo
Edtech | Edtech
Unranked
Payslip startup logo
Software & Data | Enterprise Technology
Unranked
OnePageCRM startup logo
Marketing & Sales | Content Marketing
Unranked
spaceOS startup logo
Software & Data | Enterprise Technology
Unranked
mBryonics startup logo
Hardware & IoT | Consumer Electronics
Unranked
CitySwift startup logo
Software & Data | Artificial Intelligence
Unranked
Siren startup logo
Software & Data | Data Analytics
Unranked
Vivasure Medical startup logo
Healthtech | Medtech
Unranked
Luminate Medical startup logo
Healthtech | Health Care
Unranked

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Startup Ecosystem Charts

Startup Funding in Galway2017 - 2024

Startup Funding in Galway 2017 - 2024

From 2022 to 2023, startup funding in Galway has decreased by 9.34%. During this period, the number of deals in Galway has decreased by 31.03%. Since 2017, total startup funding in Galway exceeded US$ $567.54M.

Average Funding in 2023

$5.50M

Galway
Ireland
+31.46% YoY

Funding in 2023

$110.10M

Galway
Ireland
-9.34% YoY

Deals in 2023

20

Galway
Ireland
-31.03% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B08162432

Ecosystem

The Startup Ecosystem in Galway

Startups in Galway excel in Healthtech, Social & Leisure, and Hardware & and IoT. There are some notable success stories contributing to the city’s growing Healthtech industry. One of the most promising startups in Galway in 2024 is Spotlight Oral Care, Peroptyx, and Ex Ordo.

Global Rank

Galway is ranked within the top 400 startup ecosystems globally.

Top Industries

Galway’s startups excel particularly in Healthtech where it ranks 133 and in Social & Leisure, and Hardware & IoT. Find out more

Top Cities for Startups in Ireland - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
1st
0
54th
-
3
13.962
00.00
00.00
00.00
2nd
0
314th
-
39
1.202
00.00
00.00
00.00
3rd
0
318th
-
3
1.179
00.00
00.00
00.00
4th
0
373rd
-
21
0.941
00.00
00.00
00.00
5th
new
1072nd
new
0.094
00.00
00.00
00.00
6th
+
4
1114th
new
0.083
00.00
00.00
00.00
7th
0
1120th
-
179
0.081
00.00
00.00
00.00
8th
0
1124th
-
164
0.080
00.00
00.00
00.00
9th
new
1158th
new
0.073
00.00
00.00
00.00
10th
new
1203rd
new
0.064
00.00
00.00
00.00
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Startups

Notable Startups in Galway
Spotlight Oral Care startup icon
Spotlight Oral Care
Peroptyx startup icon
Peroptyx
Ex Ordo startup icon
Ex Ordo

ECOSYSTEM

Why should you join Galway's Startup Ecosystem?

Overview

Within Galway there is an increased attraction for entrepreneurs to set up their startups in industries such as Healthtech, Social & Leisure, Hardware & IoT. These three industries represent about 45% of the startups represented on the Startup Ecosystem Map of Galway.

3rd

National Rank

94th

Regional Rank

Overview

Galway is Ireland's 3rd best startup ecosystem and is ranked 94th in Western Europe. With a population of <0.1M people, Galway is ranked 318th in the world. The city has some notable startup success stories including Spotlight Oral Care.

ECOSYSTEM
Startup Infrastructure in Galway
With a large variety of initiatives, Galway's startup ecosystem stands out from other cities in Western Europe. Galway offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Galway's most prominent support initiatives:

BLOG

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