Luxembourg boasts 2 cities in the top 1000 and is the leading startup hub in Western Europe.
Luxembourg’s startup scene saw an increase in 2022 and jumped 3 spots from the previous year, outranking Iceland.
Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!
Luxembourg is ranked within the top 50 startup ecosystems globally.
Luxembourg’s startup scene is best represented in Hardware & IoT, Fintech, and in and Health.
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On our map, you can explore a total of 48 startups for Hardware & IoT.
In Western Europe, Luxembourg's Fintech is in top 25. Luxembourg has a concentration of about 31 of the region's total Fintech startups that are represented on our map.
Luxembourg's Health is ranked 34th in the world. Our database contains 13 for this industry.
If you are a startup ecosystem developer in Luxembourg, you can grow your startup economy by becoming a partner.
Do small countries have an edge in building a startup ecosystem? In this episode, the StartupBlink team and Eli David discuss the unique advantages of small countries for building a thriving ecosystem. In StartupBlink’s Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, […]
Collaborating with StartupBlink as a data partner can bring a range of benefits to your organization and ecosystem. As the most comprehensive startup ecosystem map and research center, we publish the Global Startup Ecosystem Index Report (GSEI) annually, ranking the top 1,000 cities and 100 countries worldwide. StartupBlink’s GSEI is based on an elaborate algorithm […]
What is Absolute Power? Generally, StartupBlink’s GSEI scoring algorithm calibrates the countries’ total score to their population size to check the startup outputs of countries per capita. The “Absolute Power” algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population […]