The Startup Ecosystem of Budapest

Budapest has 176 startups in our sample database which represents about 73% of Hungary’s sampled startups. Budapest is the highest-ranked startup ecosystem in Hungary.

CITY RANKING

In 2023, the startup scene of Budapest developed considerably and increased in the Global Ecosystem Index by 33 spots.

National Ranking

1st
0
In Hungary

Regional Ranking

10th
0
In Eastern Europe

Global Ranking

134th
+
33
Worldwide

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ECOSYSTEM

Browse the startup ecosystem database of Budapest

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Ecosystem

The Startup Ecosystem in Budapest

Startups in Budapest excel in Education, Transportation, and and Foodtech. There are some notable success stories contributing to the city’s growing Education industry. One of the most promising startups in Budapest in 2023 is Bitrise, SEON. Fraud Fighters, and Shapr3D.

Global Rank

Budapest is ranked within the top 150 startup ecosystems globally.

Top Industries

Budapest’s startups excel particularly in Education where it ranks 57 and in Transportation, and Foodtech. Find out more

Top Cities for Startups in Hungary - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2023 National Rank & Change ▲
Access subscores for 1000 cities and 100 countries
2023 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
134th
+
33
5.212
00.00
00.00
00.00
2nd
+
1
626th
+
137
0.328
00.00
00.00
00.00
3rd
-
1
637th
-
21
0.322
00.00
00.00
00.00
4th
0
978th
-
57
0.118
00.00
00.00
00.00
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Startups

Notable Startups in Budapest
Bitrise startup icon
Bitrise
SEON. Fraud Fighters startup icon
SEON. Fraud Fighters
Shapr3D startup icon
Shapr3D

Startups

Successful Education startups in Budapest
Codecool startup icon
Codecool
Logiscool startup icon
Logiscool
ff.next (previously Family Finances) startup icon
ff.next (previously Family Finances)

Startups

Startups Ranking by Industry

Education icon
Education
#57 worldwide

On our map, you can explore a total of 55 startups for Education.

Transportation icon
Transportation
#75 worldwide

The Transportation industry in Budapest is ranked 75 globally. There are 17 startups for Transportation on our sample database and map.

Foodtech icon
Foodtech
#86 worldwide

Foodtech is ranked 86th in the world. Our database contains 16 startups for this industry.

ECOSYSTEM

Why should you join Budapest's Startup Ecosystem?

Overview

Within Budapest there is an increased attraction for entrepreneurs to set up their startups in industries such as Education, Transportation, Foodtech. These three industries represent about 50% of the startups represented on the Startup Ecosystem Map of Budapest.

1st

National Rank

10th

Regional Rank

Overview

Budapest is Hungary's 1st best startup ecosystem and is ranked 10th in Eastern Europe. With a population of 2M - 10M people, Budapest is ranked 134th in the world. The city has some notable startup success stories including Bitrise.

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

Accelerators

Illumina Accelerator startup icon

Illumina Accelerator

CEU InnovationsLab startup icon

CEU InnovationsLab

Hiventures startup icon

Hiventures

Coworking Spaces

Regus - Budapest, West End startup icon

Regus - Budapest, West End

Regus - Budapest, Ujbuda Allee Corner startup icon

Regus - Budapest, Ujbuda Allee Corner

Spaces - Budapest, Spaces Corvin Towers startup icon

Spaces - Budapest, Spaces Corvin Towers

Organizations

National Research, Development and Innovation Office startup icon

National Research, Development and Innovation Office

Budapest Business School - University of Applied Sciences (BBS) startup icon

Budapest Business School - University of Applied Sciences (BBS)

CEE Women Startup Competition startup icon

CEE Women Startup Competition

Featured Ecosystem Portals

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Go to portal

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