Summary:
$28 million raised by Greek startups within a month amid global investment surge.
Key sectors attracting interest include robotics, AI, and blockchain.
Progressive Robotics raised €1.6 million to enhance industrial robot capabilities.
Neurohive secured nearly €150,000 to aid livestock farmers using AI.
Total funding exceeded $1.37 billion in 2024, up from $1.12 billion in 2023.
In light of the significant disruption caused by DeepSeek, which has posed a direct challenge to US dominance in the realm of artificial intelligence, the global technology startup scene is witnessing an influx of investment, including a notable surge in Greece.
In just 30 days, Greek startups have successfully raised $28 million, with particular attention on sectors that are attracting substantial investor interest worldwide, including robotics, artificial intelligence, and blockchain.
According to insights from Marathon Venture Capital, a prominent Greek investment fund known for backing startups such as Augmenta and Hack The Box, from the beginning of 2025 until early February, startups based in Greece or those with Greek affiliations secured a total of $28 million from 11 investors across 10 funding rounds.
Of this amount, $18 million went to companies operating within Greece, while the rest was raised by startups founded by Greeks without a physical presence in the country.
Progressive Robotics is a standout company, recently raising €1.6 million from Greek venture capital firms like Marathon Venture Capital and Genesis Ventures. The company, inspired by Amazon, has developed software that enhances the capabilities of industrial robots, making them smarter and more adaptable. Their technology aims to improve automation for small and medium-sized enterprises while significantly reducing costs.
Fotis Dimeas, co-founder and CEO of Progressive Robotics, stated, “Anyone on the production line can program a robotic arm using our software without any knowledge of robotics or coding. In less than a minute, they can configure the robot for palletizing – a process that typically takes one or even two days with other technologies. With our software, programming time is reduced by 80%.”
Another notable startup, Neurohive, raised nearly €150,000 last month, enabling livestock farmers to monitor and detect animal diseases in real-time using artificial intelligence and other technologies.
In the previous year, Greek-founded startups and those with a Greek presence performed impressively, especially in the AI sector, which has become the favorite among both foreign and Greek investors. Total funding in 2024 surpassed $1.37 billion, a rise from $1.12 billion in 2023, although still below the 2021 peak of over $4.4 billion.
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