When it comes to startups, little Luxembourg packs a big punch - News Summed Up

When it comes to startups, little Luxembourg packs a big punch


Located in downtown Luxembourg City, House of Startups is the epicentre of the country’s tech ecosystem. A 2022 report from Startup Genome found that startup funding deals in Luxembourg increased five-fold between 2012 and 2021. Funded by the Chamber of Commerce, the centre houses a whopping 200 of the country’s 521 tech startups. All of this puts Luxembourg’s tech ecosystem on track to continue its upward growth trajectory in coming years, not just in fintech but also SaaS, climatetech, spacetech, and manufacturing. 5. nZeroLast but not least is nZero, a carbon management platform that gives NGOs, government agencies, and organisations accurate data on their carbon emissions.


Source: Punch November 24, 2023 15:30 UTC



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