Lisbon ranked fourth in the top 10 most popular startup hubs in Europe, rising two places in the rankings compared to the previous year.
The Portuguese capital is also the small and medium-sized European capital with the highest percentage of female founders in 2021, followed by Dublin and Stockholm.
The data is from DEEP Ecosystem's Startup Heatmap Europe Report 2022, based on a sample of 24,000 pre-selected founders of European startups.
Lisbon rose two places in the ranking compared to the previous year, gathering 16.36% of the founders' votes. Berlin took first place, for the second year in a row, followed by London and Barcelona. Rounding out the top five, after Lisbon, is the Dutch capital, Amsterdam.
The year 2021 also marks a record for the European startup ecosystem in terms of investment raised – €101 billion in venture capital investments – having narrowed the gap to the US market, which in the same year saw its ecosystem raise €119 billion, 18% more than in Europe, according to data from Pitchbook 2021, cited in the report.
Top 10 most popular startup hubs in Europe
