Innovate in Greece by SEV & Endeavor Greece |
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Odisseas Athanasiou: in Ellinikon, we seek to create something unique in the world. Odisseas Athanasiou discusses with Marco Veremis about his first years in America, the experiences he gained and how they proved useful in his professional career. The CEO of Lamda Development talks about the hard years of the economic crisis and the ways in which he managed to overcome the difficulties that came along. A special reference is made to Ellinikon, as he describes Lamda Development's vision to create something unique in the world. |
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| The Greek startup ecosystem has dropped three places this year, while remaining in the top 50 of the world. In particular, as shown in the new report "Global Startup Ecosystem Index 2024" by StartupBlink, which maps and evaluates the startup ecosystems of 1,000 cities in 100 countries worldwide, Greece fell to the 49th place in the global ranking, (with a score of 4,515). |
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Greek startups have raised $490 million in capital since the beginning of the year, proving that the ecosystem remains visible on investors' radars and that innovation made in Greece is able to mobilise capital. Capital was raised in 46 funding rounds, involving 42 domestic and international investors. |
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The Greek startup iCOMAT is raising $22.5 million, with the support of the NATO Innovation Fund. The company will use the funds, to develop technology for high-end applications in the fields of defence, automotive, aeronautics and space. Real estate data analytics company Ask Wire has announced the successful completion of its equity extension round, opening the way to its further expansion. This new capital injection will enable Ask Wire to accelerate its expansion plans across key European markets, particularly Greece and Romania, which have been identified as key strategic growth areas, a press release from the company notes. WeatherXM, core contributor to the WeatherXM Network, a leading decentralized physical infrastructure network, announced the closing of a $7.7 million USD Series A round led by Lightspeed Faction. The company plans to utilize this investment to grow the team, and the network, and continue research and development in crypto-enabled weather hardware and decentralized infrastructure. |
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| AI solutions offer significant benefits. Companies that have adopted AI-powered solutions report practical benefits that include: 17% higher profit margins, 13% higher profitability, 12% fuel savings, 10% faster time to market, increased market share, improved customer experience and enhanced employee productivity. This and other findings are pointed out by a significant study delivered by Hellenic Federation of Enterprises. The study includes case studies from giants TITAN and Metlen. |
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| Maggie Athanassiadi, Director of Industry, Growth, Technology and Innovation at SEV, discusses how Innovation becomes a prerequisite for a modern, digital, green Greece, with human resources as its core. In this context, start-ups play a central role in the development of innovation, as they are usually at the forefront of technological innovation. Read more at capital.gr. |
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| Sotiris Ptochos is co-founder and Senior Executive at PEOPLE. The company has developed sustainable and interconnected solutions for global freight transport –Container2.0 – and a globally connected cargo ecosystem, providing right-time end-to-end visibility throughout the supply chain for all stakeholders involved. We met with Sotiris and discussed about PEOPLE and his learnings in the entrepreneurial stage. Here's what he told us. |
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| Hellenic Federation of Enterprises - SEV is organizing the 15th Innovation Ready, a matchmaking event about Artificial Intelligence and its applications to the industry and the large enterprises. The event will feature 1-on-1 meetings between the industry, big enterprises, startups, and university spin-offs and is scheduled for July 10. For more information please email us. |
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Hellenic Federation of Enterprises in collaboration with EGG is organizing a business day with Druckfarben on July 2. Company’s executives will meet and discuss with Greek startups and scaleups at EGG premises. To learn more about the Business Days initiative click here. |
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Interested in a job with a fast-growing Greek startup? Are you a Greek startup looking for the right people to hire? |
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Do you want to get involved in the Greek innovation ecosystem? |
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Tell us what you want us to cover in the next issue, and who to interview or invite to speak at one of our next events. Get in touch at info@innovativegreeks.gr Want to stop receiving emails from us? You can unsubscribe here. |
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