The Startup Ecosystem of Luxembourg
Luxembourg boasts 2 cities in the top 1000 and is the leading startup hub in Western Europe.
COUNTRY RANKING
Luxembourgâs startup scene saw an increase in 2022 and jumped 3 spots from the previous year, outranking Iceland.
Population
Million
Regional Ranking
In Western Europe
Global Ranking
Worldwide
ECOSYSTEM
Browse the startup ecosystem database of Luxembourg
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Ecosystem
The Startup Ecosystem in Luxembourg
Global Rank
Luxembourg is ranked within the top 50 startup ecosystems globally.
Top Industries
Luxembourgâs startup scene is best represented in Hardware & IoT, Fintech, and in and Health.
Top Cities for Startups in Luxembourg - Ranked by StartupBlink
| 2022 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
|---|---|---|---|---|---|---|
1st 0 | 175th + 11 | 4.617 | 0.63 | 1.53 | 2.47 | |
2nd 0 | 573rd - 84 | 0.545 | 0.08 | 0.06 | 0.41 |
Startups
Notable Startups in Luxembourg
Startups
Successful Hardware & IoT startups in Luxembourg
Startups
Startups Ranking by Industry
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.
ECOSYSTEMSFeatured Ecosystem Portals
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Recent Posts
Tue Mar 14 2023
EP 33: Do Small Countries Have an Edge in Building a startup Ecosystem?
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 StartupBlinkâs Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, [âŠ]
Wed Mar 08 2023
How can collaborating with StartupBlink as an ecosystem partner help your ecosystem and organization?
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. StartupBlinkâs GSEI is based on an elaborate algorithm [âŠ]
Tue Feb 28 2023
The Top 30 Countries by Absolute Power in 2022
What is Absolute Power? Generally, StartupBlinkâs GSEI scoring algorithm calibrates the countriesâ total score to their population size to check the startup outputs of countries per capita.  The âAbsolute Powerâ 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 [âŠ]