Startup Luxembourg Ecosystem Report 2025 (Luxinnovation)

Summary

• There are over 810 startups and scaleups active in Luxembourg, with over 690 (84%) headquartered locally.p.3
• Startups headquartered in Luxembourg have raised over €1.8 billion in total disclosed funding.p.3
• Total funding across 75 rounds in 2025 reached €407 million, including €115 million raised by Luxembourg-headquartered startups.p.12
• Women (co-)founded 98 active startups in Luxembourg, 51% of which have raised disclosed funding.p.9

Key insights

1. Luxembourg's extended startup ecosystem, including foreign-headquartered companies with local offices, accounts for €7.8 billion in total funding.p.7
2. Early-stage ventures dominate the ecosystem, with Pre-Seed startups alone accounting for 14% of all entities.p.8
3. Half of all startup funding rounds in 2025 were raised by companies integrating artificial intelligence.p.6
4. The energy startup sector in Luxembourg has expanded by 135% since 2020.p.5
5. Around 27% of startups active in Luxembourg maintain additional offices or headquarters abroad.p.14
6. Foreign-headquartered startups make up 16% of all startups active in the Luxembourg ecosystem.p.15
7. OQ Technology secured a €2.5 million grant and up to €15 million in equity from the EIC Accelerator in 2025.p.16
8. Luxembourg medtech startup MDsim closed an oversubscribed €2.3 million seed round led by Kadmos Capital.p.16