The Startup Ecosystem of Luxembourg City

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.

CITY RANKING

In 2022, the startup scene of Luxembourg City shows much promise after advancing in the Global Ecosystem Index by 11 spots.

National Ranking

1st
0
In Luxembourg

Regional Ranking

48th
+
2
In Western Europe

Global Ranking

175th
+
11
Worldwide
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ECOSYSTEM

Browse the startup ecosystem database of Luxembourg City

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Ecosystem

The Startup Ecosystem in Luxembourg City

Our startup ecosystem map for Luxembourg City includes a sample of 106 tech companies. We have identified as unicorns 1 startups that have passed the USD 1 billion valuations. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Luxembourg City is ranked within the top 200 startup ecosystems globally.

Top Industries

Luxembourg City’s startups excel particularly in Hardware & IoT where it ranks 34 and in Fintech, and Transportation. Find out more

Top Cities for Startups in Luxembourg - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2022 National Rank & Change ▲
2022 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness 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
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Startups

Notable Startups in Luxembourg City
Eurofins Scientific startup icon
Eurofins Scientific
Global Fashion Group startup icon
Global Fashion Group
Machinations.io startup icon
Machinations.io

Startups

Successful Hardware & IoT startups in Luxembourg City
Keymitt startup icon
Keymitt
factory14 startup icon
factory14

Startups

Startups Ranking by Industry

Hardware & IoT icon
Hardware & IoT
#34 worldwide

On our map, you can explore a total of 37 startups for Hardware & IoT.

Fintech icon
Fintech
#77 worldwide

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 icon
Transportation
#131 worldwide

Transportation is ranked 131st in the world. Our database contains 12 startups for this industry.

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ECOSYSTEM

Why should you join Luxembourg City's Startup Ecosystem?

Overview

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.

1st

National Rank

48th

Regional Rank

Overview

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.

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

Accelerators

EYnovation startup icon

EYnovation

The KHUBE startup icon

The KHUBE

Founder Institute Luxembourg startup icon

Founder Institute Luxembourg

Coworking Spaces

House of Startups startup icon

House of Startups

The Office Luxembourg startup icon

The Office Luxembourg

The LHoFT startup icon

The LHoFT

Organizations

Startupgrind Luxembourg startup icon

Startupgrind Luxembourg

Silicon Luxmebourg startup icon

Silicon Luxmebourg

Sacred Heart University Luxembourg startup icon

Sacred Heart University Luxembourg

Featured Ecosystem Portals

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If you are a startup ecosystem developer in Luxembourg City, you can grow your startup economy by becoming a partner.

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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 StartupBlink’s Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, […]

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.  StartupBlink’s GSEI is based on an elaborate algorithm […]

Tue Feb 28 2023

The Top 30 Countries by Absolute Power in 2022

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 […]