We’re thrilled to announce that Extra Crunch is now available in three new countries: Ireland, Portugal, and Greece. This expansion brings our total European support to 13 countries, including Austria, Belgium, France, Germany, Italy, the Netherlands, Poland, Romania, Spain, and the UK.
A Thriving Startup Scene in Portugal
Portugal’s startup ecosystem has been gaining momentum in recent years. According to Crunchbase, the country has already seen 813 startup investments this year, with 113 of those announced in 2020 alone. This represents a significant increase from last year’s total of 206.
Notably, some of Portugal’s most successful startups have gone on to achieve remarkable success. For example, OutSystems, a software company founded in the country, is now based in Boston and valued at over $1 billion.
As Europe recovers from the COVID-19 pandemic, Portugal appears well-positioned to take a larger share of the continent’s startup activity. With its thriving ecosystem and innovative companies, the country has all the momentum it needs to succeed.
Greece’s Startup Scene is Booming
Greece has been making waves in the startup world, with data from recent years indicating a growing trend towards more significant seed deals and increased deal volume. In 2020, Greece saw an impressive 43 known startup rounds, putting the country on track to surpass its 2019 total of 59.
In fact, if the current pace continues, Greece could nearly double the number of startup deals it saw in 2019 – a remarkable feat given the challenges posed by the pandemic. This suggests that the country is experiencing a local maximum when it comes to startup activity.
Ireland: A Hub for Startup Success
Ireland’s reputation as a hub for startup success is well-deserved. With 2,327 known rounds of funding from Crunchbase, including 539 in 2019 and 335 so far this year, the country has seen significant acceleration in deal volume.
Irish startups have also raised an impressive $5 billion in 2020, according to Crunchbase. This bodes well for the future, with more exciting companies on the horizon.
Some notable Irish success stories include software company Fineos, which was founded in 1993 and is now a public company worth over $1 billion. Havok, another successful software company from Ireland, sold to Microsoft in 2015.
Welcome to Extra Crunch!
We’re thrilled to welcome readers from Greece, Portugal, and Ireland to our growing community of startups, investors, and entrepreneurs. Our membership program, Extra Crunch, offers a range of benefits, including:
- Market analysis: Stay ahead of the curve with in-depth market analysis and insights.
- Weekly investor surveys: Get a pulse on the startup ecosystem with regular surveys from top investors.
- Interviews on growth: Learn from successful entrepreneurs and investors who have achieved remarkable results.
- Access to an exclusive newsletter: Receive the latest news, trends, and insights straight to your inbox.
Sign up for Extra Crunch today and discover how our membership program can help you achieve your startup goals. Join now.
What is Extra Crunch?
Extra Crunch is a membership program from TechCrunch featuring market analysis, weekly investor surveys, and interviews on growth, fundraising, monetization, and other work topics. Our members enjoy exclusive benefits, including:
- No banner ads or video pre-rolls: Get an uninterrupted reading experience with our ad-free platform.
- Access to expert analysis: Stay informed about the latest trends and developments in the startup ecosystem.
Join us today and become part of a vibrant community of startups, investors, and entrepreneurs who are shaping the future. Sign up now.
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