10 New Startups In Greece

Greece has recently emerged as a very popular place to launch startups, with startups in sectors such as healthcare, education, and even AI making waves in Greece.

Why Do People Launch Startups In Greece?

There are many reasons why Greece is a very popular place for people to start a business. One of the most attractive reasons is how supportive the government is towards startups, with initiatives such as ‘Elevate Greece’ offering targeted support and international visibility to startups.

Venture capital funding is also increasing each year, with AI startups seeing a large number of investments in 2024.

Greece is also located in a strategic location with easy access to the rest of the EU and Africa.

This is also a very beautiful country, making it a great place to start a business and enjoy a work-life balance.

10 New Startups In Greece

These are 10 new startups making waves in Greece:

1. Agritrack

Agritrack is an agriculture startup that was founded in 2020 in Athens. They’ve developed an innovative agriculture management platform aimed at helping farmers tackle food loss and combat food fraud.

This platform harnesses the power of machine learning and blockchain technology to streamline data recording throughout the agricultural production chain. By gathering real-time food quality information, it empowers farmers to make informed decisions, minimise food waste, promote sustainable farming practices, and oversee harvest operations, all with the goal of boosting both the quantity and quality of food produced.

2. Billys

Billys is a proptech startup that was founded in 2022 in Athens. Billys is a SaaS platform designed specifically for property management.

It makes managing buildings a breeze by ensuring transparency and security for both administrators and residents. With a solid €805K in funding, Billys is all about simplifying financial management, resolving issues, and providing easy access to services for residential buildings.

3. Harbor Lab

Harbor Lab is a startup focusing on end-to-end disbursement account (DA) processing, established in 2020 in Athens.

They’ve created a cloud-based platform on a mission to transform how port operations and the disbursement process function. Their innovative platform enhances cost management at ports and simplifies the analysis of disbursement accounts. This empowers ship owners, management companies, and charterers to boost their operational efficiency.

4. Lambda Automata

Lambda Automata is a startup established in 2021 in Paiania that focuses on AI-driven hardware and software for autonomous defence systems, in short, robotic solutions for surveillance.

With a generous €6 million in funding, the company is on a mission to protect one billion people living in European democracies and their allied nations by harnessing cutting-edge technology.

5. WeatherXM

WeatherXM is a startup that was founded in 2020 in Athens and is the world’s first decentralised weather station network.

This startup, which has secured €4.6 million in funding, is merging IoT and Web3 technologies to build a worldwide network of affordable weather stations powered by the community. By facilitating precise and decentralised weather data collection, WeatherXM is making a difference in sectors like agriculture and logistics, highlighting Greece’s knack for innovation at the crossroads of IoT and blockchain.

6. Finloup

Finloup is a fintech startup that was established in 2020 in Athens. They’re an operator for a leasing platform that specialises in renting out electronics. Their company offers a variety of models and products, including smartphones, tablets, and laptops.

They make it easy for businesses to access the documentation they need for tax redemption, all while keeping initial costs low.

7. Woli

Woli is a fintech startup that was established in 2020 in Athens and focuses on family banking and financial education for children and teens.

Woli is an innovative financial software aimed at empowering kids and teens with the knowledge and freedom to manage their money. This company’s platform offers a digital banking tool, a money app, and a smart prepaid bank card, all designed to help children navigate digital payments while learning essential money management skills.

8. Protio

Protio is a proptech startup that was established in 2021 in Athens, and they are trying to revolutionise the real estate market with their innovative “Rebuild-To-Rent” model.

This property investment platform is tackling affordable housing and the environmental crisis. Their innovative platform employs a unique algorithm to sift through all the necessary information, keeping the property owner informed every step of the way. It manages the whole process, from buying and renovating to finding tenants, and even offers free online property ratings, technical inspections, and contract signing services. This approach opens up a new avenue for real estate agents to boost their home transactions.

9. BibeCoffee

BibeCoffee is a startup that was established in 2018 in Greece, and they have developed an IoT real-time monitoring solution for coffee machines.

This innovative startup is all about linking coffee machines to smart terminals to deliver top-notch coffee, cut down on waste, and make maintenance a breeze!

10. Swaplanet

Swaplanet is a sustainable fashion startup that was established in 2020 in Athens. The platform offers a fantastic way for parents to swap outgrown clothes for credits, which they can use to shop for gently used items.

By taking care of pickup, sorting, and cleaning, Swaplanet champions circular fashion and helps cut down on waste. This approach not only aligns with global sustainability trends but also resonates with eco-conscious shoppers.