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The Startup Ecosystem of Hanover

Hanover has 55 startups in our sample database. This represents about 1% of Germany’s startups. Hanover is the 17th best startup ecosystem in Germany.

CITY RANKING

While Hanover decreased by 40 spots in its global rank in the Global Startup Ecosystem Index of 2024, its ranking in Germany remained stable at 17 nationally since 2023.

National Ranking

17th
0
In Germany

Regional Ranking

97th
-
8
In Western Europe

Global Ranking

326th
-
40
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Hanover Top Startup Industries

Software & Data icon
Software & Data
#280 worldwide

22 startups

Ecommerce & Retail icon
Ecommerce & Retail
#323 worldwide

6 startups

Edtech icon
Edtech
#350 worldwide

4 startups

Ecosystem HealthCheck

Hanover Ecosystem Health Check

The health check tables allow you to look at the performance Hanover 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
Global32655
Software & Data280-8422
Ecommerce & Retail00.0000.0000.00
Edtech00.0000.0000.00
Energy & Environment00.0000.0000.00
Fintech00.0000.0000.00
Foodtech00.0000.0000.00
Hardware & IoT00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Hanover

Download list
2U startup logo
Software & Data | Cloud
Unranked
Hero Software startup logo
Software & Data | Enterprise Technology
Unranked
smapOne startup logo
Software & Data | Enterprise Technology
Unranked
cruisewatch.com startup logo
Social & Leisure | Travel
Unranked
Wingfield startup logo
Hardware & IoT | Consumer Electronics
Unranked
SYNAOS startup logo
Software & Data | SaaS
Unranked
AyeTstudios startup logo
Marketing & Sales | Digital Marketing
Unranked
Graswald startup logo
Hardware & IoT | Hardware
Unranked
APPVISORY startup logo
Software & Data | Apps
Unranked
Hornetsecurity startup logo
Software & Data | Cloud
Unranked
Crafting Future GmbH startup logo
Healthtech | Biotechnology
Unranked

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Startup Ecosystem Charts

Startup Funding in Hanover2017 - 2024

Startup Funding in Hanover 2017 - 2024

From 2022 to 2023, startup funding in Hanover has decreased by 96.36%. During this period, the number of deals in Hanover has decreased by 71.43%. Since 2017, total startup funding in Hanover exceeded US$ $370.56M.

Average Funding in 2023

$332.65K

Hanover
Germany
-87.25% YoY

Funding in 2023

$1.33M

Hanover
Germany
-96.36% YoY

Deals in 2023

4

Hanover
Germany
-71.43% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B0481216

Ecosystem

The Startup Ecosystem in Hanover

Startups in Hanover excel in Software & Data, Ecommerce & Retail, and and Edtech. There are some notable success stories contributing to the city’s growing Software & Data industry. One of the most promising startups in Hanover in 2024 is 2U, Hero Software, and smapOne.

Global Rank

Hanover is ranked within the top 400 startup ecosystems globally.

Top Industries

Hanover’s startups excel particularly in Software & Data where it ranks 280 and in Ecommerce & Retail, and Edtech. Find out more

Top Cities for Startups in Germany - 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
13th
-
2
49.918
00.00
00.00
00.00
2nd
0
39th
-
5
21.959
00.00
00.00
00.00
3rd
0
98th
-
8
8.060
00.00
00.00
00.00
4th
+
1
134th
+
26
5.112
00.00
00.00
00.00
5th
-
1
152nd
-
4
4.237
00.00
00.00
00.00
6th
0
154th
+
12
4.149
00.00
00.00
00.00
7th
+
1
163rd
+
25
3.886
00.00
00.00
00.00
8th
+
1
178th
+
26
3.244
00.00
00.00
00.00
9th
-
2
206th
-
24
2.481
00.00
00.00
00.00
10th
+
5
225th
+
40
2.084
00.00
00.00
00.00
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Download CSV file
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Startups

Notable Startups in Hanover
2U startup icon
2U
Hero Software startup icon
Hero Software
smapOne startup icon
smapOne

ECOSYSTEM

Why should you join Hanover's Startup Ecosystem?

Overview

Within Hanover there is an increased attraction for entrepreneurs to set up their startups in industries such as Software & Data, Ecommerce & Retail, Edtech. These three industries represent about 58% of the startups represented on the Startup Ecosystem Map of Hanover.

17th

National Rank

97th

Regional Rank

Overview

Hanover is Germany's 17th best startup ecosystem and is ranked 97th in Western Europe. With a population of 1M - 2M people, Hanover is ranked 326th in the world. The city has some notable startup success stories including 2U.

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

BLOG

Recent Posts

Wed Apr 02 2025

Corporate Startup Activity Index 2025

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Thu Mar 06 2025

The Impact of Government Support on Startups

A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]

Thu Feb 20 2025

Learning from Bulgaria: Stakeholder Engagement in Startup Ecosystems

In this episode of the Startup Ecosystem Podcast, we’re traveling back in time by revisiting an old recording to explore the state of Bulgaria’s startup ecosystem in 2022. This episode features an interview by Eli David Rokah, CEO of StartupBlink, with Momchil Vassilev, the Managing Director of Endeavor Bulgaria, discussing how different stakeholders’ engagement in […]