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The Startup Ecosystem of Thessaloniki

Home to 12% of Greece’s startups, Thessaloniki has a vibrant startup ecosystem that is ranked 470 in the world.

CITY RANKING

While Thessaloniki decreased by 5 spots in its global rank in the Global Startup Ecosystem Index of 2024, its ranking in Greece remained stable at 2 nationally since 2023.

National Ranking

2nd
0
In Greece

Regional Ranking

135th
+
4
In Western Europe

Global Ranking

470th
-
5
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Thessaloniki Top Startup Industries

Software & Data icon
Software & Data
#317 worldwide

20 startups

Ecommerce & Retail icon
Ecommerce & Retail
4 startups
Hardware & IoT icon
Hardware & IoT
3 startups

Ecosystem HealthCheck

Thessaloniki Ecosystem Health Check

The health check tables allow you to look at the performance Thessaloniki 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
Global47036
Software & Data3171020
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 Thessaloniki

Download list
Routee startup logo
Software & Data | Cloud
Unranked
Progressive Robotics startup logo
Software & Data | Enterprise Technology
Unranked
Cyclopt startup logo
Fintech | Fintech-Other
Unranked
Draxis Environmental startup logo
Software & Data | Enterprise Technology
Unranked
AidPlex startup logo
Healthtech | Health Care
Unranked
Apifon startup logo
Software & Data | Comtech
Unranked
Goodvidio startup logo
Ecommerce & Retail | Ecommerce
Unranked
Athletopia startup logo
Software & Data | Apps
Unranked
Loceye startup logo
Marketing & Sales | Adtech
Unranked
BIO2CHP P.C. startup logo
Energy & Environment | Energy
Unranked
Moverse startup logo
Software & Data | Artificial Intelligence
Unranked

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Startup Ecosystem Charts

Startup Funding in Thessaloniki2017 - 2024

Startup Funding in Thessaloniki 2017 - 2024

From 2022 to 2023, startup funding in Thessaloniki has increased by 1250.79%. During this period, the number of deals in Thessaloniki has increased by 400%. Since 2017, total startup funding in Thessaloniki exceeded US$ $5.69M.

Average Funding in 2023

$330.05K

Thessaloniki
Greece
+170.16% YoY

Funding in 2023

$1.65M

Thessaloniki
Greece
+1250.79% YoY

Deals in 2023

5

Thessaloniki
Greece
+400.00% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B02468

Ecosystem

The Startup Ecosystem in Thessaloniki

Startups in Thessaloniki excel in Software & Data, Ecommerce & Retail, and Hardware & and IoT. There are some notable success stories contributing to the city’s growing Software & Data industry. One of the most promising startups in Thessaloniki in 2024 is Routee, Progressive Robotics, and Cyclopt.

Global Rank

Thessaloniki is ranked within the top 500 startup ecosystems globally.

Top Industries

Thessaloniki’s startups excel particularly in Software & Data where it ranks 317 and in Ecommerce & Retail, and Hardware & IoT. Find out more

Top Cities for Startups in Greece - 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
120th
-
4
6.176
00.00
00.00
00.00
2nd
0
470th
-
5
0.557
00.00
00.00
00.00
3rd
new
759th
new
0.205
00.00
00.00
00.00
4th
new
1181st
new
0.069
00.00
00.00
00.00
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Download CSV file
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Startups

Notable Startups in Thessaloniki
Routee startup icon
Routee
Progressive Robotics startup icon
Progressive Robotics
Cyclopt startup icon
Cyclopt

ECOSYSTEM

Why should you join Thessaloniki's Startup Ecosystem?

Overview

Within Thessaloniki there is an increased attraction for entrepreneurs to set up their startups in industries such as Software & Data, Ecommerce & Retail, Hardware & IoT. These three industries represent about 75% of the startups represented on the Startup Ecosystem Map of Thessaloniki.

2nd

National Rank

135th

Regional Rank

Overview

Thessaloniki is Greece's 2nd best startup ecosystem and is ranked 135th in Western Europe. With a population of 0.1M - 0.5M people, Thessaloniki is ranked 470th in the world. The city has some notable startup success stories including Routee.

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

BLOG

Recent Posts

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 […]

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 […]