Europe's top tech hubs: Paris tops London as UK capital startups face funding lows

Published on 13/06/2025 - 15:37 GMT+2

This year's Global Tech Ecosystem Index has crowned Paris arsenic nan apical tech hub connected nan continent.

The study analysed tech talent, invention and finance successful 288 cities and 69 countries.

The French superior besides placed 4th successful nan world ranking, while London classed 6th.

Cambridge, Munich, Stockholm and Grenoble were nan only different European cities to make it to nan world apical 20.

Cambridge shows champion talent attraction successful Europe

Analysts opportunity nan UK has been attracting less costs successful caller years. Its startups raised conscionable somewhat much than €19 cardinal successful 2024, reportedly nan lowest magnitude since 2020.

Nonetheless, nan UK remains a driving unit of Europe's tech scene.

According to nan report, Cambridge has nan highest attraction of tech talent successful Europe, pinch an endeavor worth of complete €162 billion, pinch a organization of conscionable astir 150,000 people.

Density leaders are "ecosystems that outperform comparative to their organization size, showing exceptional invention output per capita."

"These hubs are marked by precocious startup activity, investigation intensity, and beardown assemblage linkages, proving that world-class ecosystems tin look anywhere", says nan report.

Kyiv ranks arsenic apical European rising prima arsenic Lagos leads globally

The study besides ranks nan apical rising stars successful Europe, depending connected maturation successful endeavor worth and unicorns, which are privately-owned startups weighted astatine complete $1 billion, each of that adjusted to section GDP per capita and costs of living.

Lagos successful Nigeria is connected apical of this database globally, having created 5 unicorns and grown its ecosystem worth by much than 11 times since 2017, contempt being a smaller economy.

In Europe, nan apical rising prima is Kyiv, followed by Vilnius, Zagreb, Prague, Warsaw and Athens.

Experts opportunity Ukraine's tech hub is booming, pinch tech professionals increasing from an estimated 75,000 successful 2014 to complete 300,000 successful 2023.

The Ukrainian superior is location to complete 1,000 tech firms, including Ajax Systems and Grammarly.

A fewer months ago, nan World Economic Forum chose Kyiv to unfastened its caller GovTech centre, to speech champion GovTech practices and innovative solutions.