Luxembourg City boasts 106 startups in our sample database which represents about 80% of Luxembourg’s sampled startups. Luxembourg City is the highest-ranked startup ecosystem in Luxembourg.
In 2022, the startup scene of Luxembourg City shows much promise after advancing in the Global Ecosystem Index by 11 spots.
Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!
Luxembourg City is ranked within the top 200 startup ecosystems globally.
Luxembourg City’s startups excel particularly in Hardware & IoT where it ranks 34 and in Fintech, and Transportation. Find out more
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 |
On our map, you can explore a total of 37 startups for Hardware & IoT.
In Western Europe, Luxembourg City's Fintech is in top 77. Luxembourg City has a concentration of about 0% of the country's total Fintech startups that are represented on our map.
Transportation is ranked 131st in the world. Our database contains 12 startups for this industry.
Within Luxembourg City there is an increased attraction for entrepreneurs to set up their startups in industries such as Hardware & IoT, Fintech, Transportation. These three industries represent about 71% of the startups represented on the Startup Ecosystem Map of Luxembourg City.
Luxembourg City is Luxembourg's 1st best startup ecosystem and is ranked 48th in Western Europe. With a population of 0.1M - 0.5M people, Luxembourg City is ranked th in the world. The city boasts some notable startup success stories including Eurofins Scientific.
If you are a startup ecosystem developer in Luxembourg City, 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 […]