The Czech Republic has seen a growth in the startup ecosystem, with the country becoming increasingly attractive to both local and international investors. Here are some key highlights:
Investment Figures:
In 2020, the country saw a total of €225 million invested in startups, a significant increase compared to previous years.
Over 60% of this investment came from international investors, demonstrating the country's growing appeal as a destination for startups.
Growing Industries:
The technology sector has been one of the strongest performing industries in the Czech Republic, with a focus on artificial intelligence, fintech, and cybersecurity.
E-commerce and food delivery startups have also seen a significant increase in investment, as more people are shopping and ordering food online due to the COVID-19 pandemic.
Well-known Investors:
Rockaway Capital
Credo Ventures
Inventure
Ceska Sporitelna
Praha Invest
Main Startups:
Productboard - a product management platform
Avast - a cybersecurity software company
Twisto - a fintech company offering alternative payment solutions