Prague is a city well-known for its cobbled streets, bustling nightlife and gorgeous architecture.
But it is also becoming a hub of startup activity. According to CrunchBase, there are over 700 startups in Prague – a number that is impressive for a city with a population of just over a million.
Why Is Prague A Good Place To Start A Business?
The city has not only drawn in Czech entrepreneurs, but also those from around the world. Prague is a particularly good location for a number of reasons. These include:
Location: Prague is located in the heart of Europe, making it accessible to both Eastern and Western European markets. This also makes it easy to travel to other cities from, which is important for international businesses.
Low cost of living: Compared to other major cities in Europe, the cost of living is relatively now. This extends to things like employee wages, office space and living expenses, making it an appealing location.
Growing tech scene: Prague is becoming a tech hub, with companies innovating in artificial intelligence, fintech, cybersecurity and more. This is great for networking, hiring employees and connecting with likeminded innovators.
Here, we look at 10 startups in Prague that we think are worth keeping an eye on
Urban Comfort: Eco-Cities
Urban Comfort is a company that focuses on making cities more green.
By identifying areas that leak heat, affect microclimates and have high levels of pollution, they are contributing to greener urban environments.
BlindShell: Mobile Access For The Blind
BlindShell has created mobile phones designed for visually impaired and blind people to use.
Their devices come with loud speakers, voice controlled SOS buttons and a number of apps that have been adjusted to the visually impaired. The company has continued to expand in recent years, helping more people enjoy mobile technology.
FaceUp: Whistleblowing Technology
FaceUp is an anonymous reporting platform that allows people to whistleblow safely.
Compliant with GDPR and all whistleblower protection laws, the company gives people the highest level of data protection, whilst also allowing them to speak up. This can help companies build a more transparent culture and give their people a voice.
Mild Blue: Healthcare Service Solutions
Mild Blue is a company that specialises in healthcare service apps, that streamline various areas of care.
For example, their tool slp.blue manages lab documentation, whilst their tool HealthWarden helps manage outpatient care. Their first app, Breviary, helps healthcare workers calculate medications and follow patient histories. By providing hospitals with high-tech apps, Mild Blue is helping to make healthcare more manageable.
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Cruxo: Retail Media Platform
Cruxo is a retail media platform, designed to help companies boost their earnings. By allowing them to track how their media adverts are performing, trying new ad formats and targeting specific audiences, businesses can ensure they are being seen by the right people.
Not only that, but by being able to handle campaigns all in one place, companies can help turn analytics into sales.
Resistant AI: AI Fraud Protection
Resistant AI has developed security apps using AI to help companies protect their financial systems.
As cyber threats are becoming more common, Resistant AI protects companies from manipulation and attack. By analysing data in real time, Resistant AI can catch cyberthreats more quickly and help companies keep themselves safe.
NutritionPro: Personalised Nutritional Meals
NutritionPro helps people stick to their diets by delivering them health meals based on their health goals.
Whether it’s weight loss, muscle gain or simply healthier eating, NutritionPro adjusts its means to fit each client. They also handle the cooking and delivery, making it easier than ever to achieve results.
ClaimAir: Automated Flight Compensation
ClaimAir helps passengers claim compensation for delayed or cancelled flights and lost luggage.
The company simplifies the process of claiming for travel disruptions, by allowing people to do it through their platform. Whether it’s a delayed flight or lost luggage, the ClaimAir automatically handles everything, getting them the compensation they deserve.
Better Stack: Troubleshooting Software
Better Stack helps companies monitor their websites and online stores.
Better Stack provides real-time monitoring, alerting, and incident management. Whether it’s a website crash or a server issue, their platform helps IT teams respond quickly.
Upheal: AI-Powered Therapy Notes
Upheal uses AI to help therapists, psychiatrists and coaches make notes.
This allows them to stay more present during sessions, allowing them to save time without compromising on admin.