The Startup Ecosystem of Luxembourg City
Luxembourg City has 168 startups in our sample database. This represents about 80% of Luxembourg’s startups. Luxembourg City is the highest-ranked startup ecosystem in Luxembourg.
CITY RANKING
In 2024, the startup scene of Luxembourg City shows much promise after advancing in the Global Ecosystem Index by 2 spots.
National Ranking
In Luxembourg
Regional Ranking
In Western Europe
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Luxembourg City Top Startup Industries
10 startups
33 startups
20 startups
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Ecosystem HealthCheck
Luxembourg City Ecosystem Health Check
The health check tables allow you to look at the performance Luxembourg City 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
ECOSYSTEM
Browse the startup ecosystem database of Luxembourg City
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Startup Ecosystem Charts
Startup Funding in Luxembourg City2017 - 2024
Startup Funding in Luxembourg City 2017 - 2024
From 2022 to 2023, startup funding in Luxembourg City has decreased by 58.06%. During this period, the number of deals in Luxembourg City has decreased by 53.33%. Since 2017, total startup funding in Luxembourg City exceeded US$ $1.54B.
Average Funding in 2023
$6.80M
Funding in 2023
$142.84M
Deals in 2023
21
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Luxembourg City
Global Rank
Luxembourg City is ranked within the top 150 startup ecosystems globally.
Top Industries
Luxembourg City’s startups excel particularly in Hardware & IoT where it ranks 67 and in Fintech, and Ecommerce & Retail. Find out more
Top Cities for Startups in Luxembourg - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
1st 0 | 130th + 2 | 5.248 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 620th - 106 | 0.309 | 00.00 | 00.00 | 00.00 |
Startups
Notable Startups in Luxembourg City
ECOSYSTEM
Why should you join Luxembourg City's Startup Ecosystem?
Overview
Within Luxembourg City there is an increased attraction for entrepreneurs to set up their startups in industries such as Hardware & IoT, Fintech, Ecommerce & Retail. These three industries represent about 38% of the startups represented on the Startup Ecosystem Map of Luxembourg City.
1st
National Rank
31st
Regional Rank
Overview
Luxembourg City is Luxembourg's 1st best startup ecosystem and is ranked 31st in Western Europe. With a population of 0.1M - 0.5M people, Luxembourg City is ranked 130th in the world. The city has some notable startup success stories including DOCTENA.
ECOSYSTEM
Startup Infrastructure in Luxembourg City
BLOG
Recent Posts
Mon Apr 14 2025
From Service-Based to Product-Based Economy – Lessons from North Macedonia
In this special episode of the Startup Ecosystem Podcast, we revisit a conversation from two years ago, recorded during a visit to North Macedonia. Eli David Rokah, CEO of StartupBlink, sits down with Igor Madjov, founder of Startup Macedonia, to explore how Skopje is evolving from a service-based IT outsourcing city into a product-driven startup […]
Wed Apr 02 2025
Corporate Startup Activity Index 2025
For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]
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 […]