Technological revival and innovation surge in Greece
Greece's tech sector is experiencing a remarkable surge, with artificial intelligence (AI) as the dominant investment theme, attracting around one-third of the total capital raised. This rapid growth makes Greece one of the fastest-growing tech ecosystems in Europe.
AI-powered Foodtech Start-up STIQ Leads the Way
One of the standout companies to watch in 2025 is STIQ, a fast-growing foodtech start-up that uses AI-powered cloud kitchen technology. The European Investment Bank has recognised STIQ's potential, investing €20 million to help the company scale its platform and expand across Europe.
FORUM S.A.: A Recognised Leader in Exhibitions
Forum S.A., another notable Greek tech company, has been recognised as one of the "Greek Business Champions 2025". Known for its significant growth and leadership in the exhibition industry, Forum S.A. boasts an entrepreneurial drive and impressive financial performance.
Major Greek IT Groups Expand Regionally
Major Greek IT groups are also making their mark, expanding their footprints in neighbouring markets like Cyprus. This regional growth and increased presence indicate a promising future for the Greek tech sector.
Simplified Company Formation Conditions and Favourable Regulatory Environment
The growth of the Greek tech sector in 2024 was significantly influenced by simplified company formation conditions and a favourable regulatory environment. These factors have encouraged dynamic entrepreneurship in the sector.
R&D Tax Incentives and Access to Capital
Founders in the Greek tech sector also benefit from R&D tax incentives, and the sector is marked by growing access to capital. These factors have contributed to the sector's 15% expansion rate in 2024, one of the highest growth rates among European ecosystems.
EU-backed Initiatives and Venture Capital Infrastructure
Various EU-backed initiatives have also played a crucial role in the growth of the Greek tech sector. Programs such as Elevate Greece have expanded the country's venture capital infrastructure, providing much-needed support for innovative start-ups.
Golden Visa Options for Foreign Investors and Skilled Talent
Foreign investors and skilled talent in the Greek tech sector can apply for Golden Visa options, further boosting the sector's growth potential.
In summary, the Greek tech sector is a thriving ecosystem that reflects the country's expanding innovation. Keep an eye on companies like STIQ, FORUM S.A., and major Greek IT groups as they continue to shape Greece's tech landscape in 2025 and beyond.
The newsletter showcasing Greece's tech sector growth could feature stories about fintech innovations, such as the AI-powered foodtech start-up STIQ and their investment from the European Investment Bank. Furthermore, it could discuss the advancements of companies like FORUM S.A., a leader in exhibitions, and major Greek IT groups expanding regionally, all of which indicate a prosperous future for technology and artificial intelligence in Greece.
