The Startup Ecosystem of Magdeburg
Magdeburg has 34 startups in our sample database. This represents about 1% of Germany’s startups. Magdeburg is the 24th best startup ecosystem in Germany.
CITY RANKING
Since 2024, Magdeburg lost 16 spots in the Global Startup Ecosystem Index, having now positioned itself as 486th worldwide.
National Ranking
In Germany
Regional Ranking
In Western Europe
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Magdeburg Top Startup Industries
8 startups
5 startups
10 startups
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Ecosystem HealthCheck
Magdeburg Ecosystem Health Check
The health check tables allow you to look at the performance Magdeburg 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 Magdeburg
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Startup Ecosystem Charts
Startup Funding in Magdeburg2017 - 2024
Startup Funding in Magdeburg 2017 - 2024
From 2022 to 2023, startup funding in Magdeburg has remained stable%. During this period, the number of deals in Magdeburg has remained stable%. Since 2017, total startup funding in Magdeburg exceeded US$ $0.00.
Ecosystem
The Startup Ecosystem in Magdeburg
Global Rank
Magdeburg is ranked within the top 500 startup ecosystems globally.
Top Industries
Magdeburg’s startups excel particularly in Healthtech where it ranks 272 and in Hardware & IoT, and Software & Data. Find out more
Top Cities for Startups in Germany - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
No Data Available | ||||||
Startups
Notable Startups in Magdeburg
ECOSYSTEM
Why should you join Magdeburg's Startup Ecosystem?
Overview
Within Magdeburg there is an increased attraction for entrepreneurs to set up their startups in industries such as Healthtech, Hardware & IoT, Software & Data. These three industries represent about 68% of the startups represented on the Startup Ecosystem Map of Magdeburg.
24th
National Rank
140th
Regional Rank
Overview
Magdeburg is Germany's 24th best startup ecosystem and is ranked 140th in Western Europe. With a population of 0.1M - 0.5M people, Magdeburg is ranked 486th in the world. The city has some notable startup success stories including Raydiax .
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 […]