IFound.ation, in collaboration with 28DIGITAL (formerly EIT Digital), and the Hellenic Development Bank of Investments (HDBI), published a renewed and expanded edition of its annual report, aiming to map not only the Greek startup ecosystem but the wider landscape of innovation across the country.
Key Findings
- More than €732M were invested through 95 deals in over 90 startups, marking a 35% increase vs 2024.
- 18 VC funds and 10 additional investment platforms actively target Greek startups.
- Over 143 unique investors from around the world participated in funding rounds.
- Pre-seed & Seed rounds account for 75% of all deals, showing encouraging recovery in early-stage activity, while Series A and above (25% of deals) attracted over €600M, signalling market maturity.
- Spotawheel recorded the largest round of the year with €300M (Mixed Round: Series C & Venture Debt).
- Venture Debt financing appears to be gradually gaining ground in 2025, adding an alternative funding instrument beyond traditional equity rounds.
- AI, SaaS and HealthTech are the top-funded sectors, with Defence Tech emerging as a standalone domain.
- AI is transforming how companies operate. The transition, however, depends on both technological readiness and the ability of people and organizations to learn, adapt and redesign processes.
- As organizational structures evolve, corresponding changes are expected in roles and governance models. Organisations adopting AI-enabled models may see shifts in middle-management responsibilities and an expanded C-suite that includes AI-focused roles.
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