The Startup Ecosystem of Turku
Turku has 37 startups in our sample database. This represents about 3% of Finland’s startups. Turku is the 4th best startup ecosystem in Finland.
CITY RANKING
While Turku decreased by 56 spots in its global rank in the Global Startup Ecosystem Index of 2024, its ranking in Finland remained stable at 4 nationally since 2023.
National Ranking
In Finland
Regional Ranking
In Western Europe
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Turku Top Startup Industries
19 startups
Ecosystem HealthCheck
Turku Ecosystem Health Check
The health check tables allow you to look at the performance Turku 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 Turku
Become our Turku Ecosystem Partner
Startup Ecosystem Charts
Startup Funding in Turku2017 - 2024
Startup Funding in Turku 2017 - 2024
From 2022 to 2023, startup funding in Turku has increased by 162.45%. During this period, the number of deals in Turku has increased by 60%. Since 2017, total startup funding in Turku exceeded US$ $134.64M.
Average Funding in 2023
$4.73M
Funding in 2023
$37.84M
Deals in 2023
8
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Turku
Global Rank
Turku is ranked within the top 1000 startup ecosystems globally.
Top Industries
Turku’s startups excel particularly in Software & Data where it ranks 341 and in Ecommerce & Retail, and Edtech. Find out more
Top Cities for Startups in Finland - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
1st 0 | 47th - 4 | 16.655 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 170th - 35 | 3.639 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 322nd - 35 | 1.148 | 00.00 | 00.00 | 00.00 | |
4th 0 | 516th - 56 | 0.461 | 00.00 | 00.00 | 00.00 | |
5th + 1 | 630th + 117 | 0.302 | 00.00 | 00.00 | 00.00 | |
6th - 1 | 760th - 37 | 0.204 | 00.00 | 00.00 | 00.00 | |
7th 0 | 773rd + 78 | 0.200 | 00.00 | 00.00 | 00.00 | |
8th 0 | 848th + 41 | 0.166 | 00.00 | 00.00 | 00.00 | |
9th 0 | 1061st new | 0.098 | 00.00 | 00.00 | 00.00 | |
10th new | 1144th new | 0.076 | 00.00 | 00.00 | 00.00 |
ECOSYSTEM
Why should you join Turku's Startup Ecosystem?
Overview
Within Turku 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 65% of the startups represented on the Startup Ecosystem Map of Turku.
4th
National Rank
153rd
Regional Rank
Overview
Turku is Finland's 4th best startup ecosystem and is ranked 153rd in Western Europe. With a population of 0.1M - 0.5M people, Turku is ranked 516th in the world. The city has some notable startup success stories including Vaadin.
ECOSYSTEM
Startup Infrastructure in Turku
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 […]