Google for Startups, Atomico and Dealroom.co present “Coming of age: Central and Eastern European startups” report.
Companies founded in CEE have now a combined enterprise value of over €186 billion, up 19x since 2010. But it has not been an overnight success. The CEE region has created huge success stories, especially in enterprise software thanks to some of the best tech developers in the world. However, many of these successes have been bootstrapped for a long time and the region still lacks a strong VC scene, especially at later stages beyond series A.