Investment in startups remains at last year’s levels

"Stagnation" is the term used by several representatives of investment funds in Greece to describe the trajectory of the Greek startup ecosystem at the end of the first quarter of this year compared to the corresponding period last year.

"So far, a total of 15 investments have been made in startups with a presence in Greece. If the number of investment rounds continues at these rates in the next quarters of the year, then we will reach the levels of 2023," an official told Kathimerini, although there are also cases of financing that are not announced.

According to data from Greek investment fund Marathon Venture Capital, from the beginning of the year until today, all the startups that have a presence in the country (head office or branch) or are made up of Greek founders, without however having a presence here, raised $174 million in 25 funding rounds from 22...