Top 12 Luxembourg Startups to Watch in 2026
Luxembourg's startup ecosystem shows significant diversity, with companies in sectors from cloud computing to satellite communications. The area is home to both emerging tech startups and major international organizations.
Among them is Greeneden Topco, which has raised over $591M while remaining in stealth mode. Cloud provider Gcore is another notable company, having secured $60M in funding.
Below is our list of 12 Luxembourg startups worth keeping an eye on.
Failory's Top 10 Picks
S.P.O.N.S.O.R. develops an AI-powered fintech platform to help scale projects within the climate mitigation industry. Their technology provides financial tools and AI-driven analysis to accelerate the development of renewable energy initiatives.
| Headquarters | Luxembourg, Luxembourg, Luxembourg |
| Year Founded | 2025 |
| Founders | A.T.M Rahat Mohammad, Michael Grimm, Steven Lawson, Steven Lawson |
| Funding Amount | $850k |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Michael Grimm, Steven Lawson, Takamitsu Ito, Yoshi Takase, Mark Giblett |
Gcore builds a global cloud and edge platform that provides content delivery, hosting, and security solutions. Their infrastructure is designed to support high-performance computing and demanding AI workloads for businesses.
| Headquarters | Luxembourg, Luxembourg, Luxembourg |
| Year Founded | 2014 |
| Founders | Andre Reitenbach |
| Funding Amount | $60M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series A |
| Top Investors | Han River Partners, Wargaming, Constructor Capital |
Emma offers a cloud management platform for optimizing and governing complex cloud environments. Their solution provides DevOps teams with the tools needed to effectively manage infrastructure and streamline operations.
| Headquarters | Luxembourg, Luxembourg, Luxembourg |
| Year Founded | 2019 |
| Founders | Dmitry Panenkov |
| Funding Amount | $23M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | RTP Global, SmartFin, AltaIR Capital, AAL VC, CircleRock Capital |
DYWIDAG creates innovative technologies and systems for the global construction and underground sectors. The company is known for its specialized solutions in complex infrastructure projects, particularly in post-tensioning and geotechnical systems.
| Headquarters | Luxembourg, Luxembourg, Luxembourg |
| Year Founded | 1865 |
| Founders | Eugene Dyckerhoff, Gottlieb Widmann |
| Funding Amount | $90M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Debt Financing |
| Top Investors | — |
OQ Technology is building a global 5G satellite network to connect Internet of Things (IoT) devices. Their network provides connectivity for machines and sensors in remote areas, extending coverage where terrestrial networks are unavailable.
| Headquarters | Wasserbillig, Grevenmacher, Luxembourg |
| Year Founded | 2016 |
| Founders | Omar Qaise |
| Funding Amount | $56.8M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Grant |
| Top Investors | Wa’ed Ventures, SES, EIC Accelerator, 5G Ventures, Luxembourg Space Sector Development fund |
Mission Space operates a real-time space weather forecasting system to safeguard assets in space and on Earth. They provide actionable data and alerts that help industries like aerospace, aviation, and energy mitigate operational risks.
| Headquarters | Luxembourg, Luxembourg, Luxembourg |
| Year Founded | 2021 |
| Founders | Alex Pospekhov, Alexey Shirobokov, Genrikh Lukianchuk, Serge Filippy |
| Funding Amount | $2.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Seraphim Space, Alex Pospekhov, Fit4Start |
Uplift360 regenerates advanced materials from complex waste streams using a novel chemical recycling process. This approach helps industries like aerospace and defense build a circular supply chain by converting end-of-life components into virgin-equivalent materials.
| Headquarters | Luxembourg, Luxembourg, Luxembourg |
| Year Founded | 2021 |
| Founders | — |
| Funding Amount | $1.1M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Promus Ventures, Sustainable Ventures, Luxinnovation, Twin Track Ventures |
The team behind Greeneden Topco is developing a large-scale project in the green technology or sustainability sector. They are currently operating in complete stealth mode.
| Headquarters | Luxembourg, Luxembourg, Luxembourg |
| Year Founded | 2011 |
| Founders | — |
| Funding Amount | $591.3M |
| Startup Size | — |
| Last Funding Status | Private Equity |
| Top Investors | — |
CarPay-Diem has developed a platform that lets drivers activate fuel pumps and manage payment from inside their vehicle. Their service is designed to be integrated into any mobile app or connected car, enabling partners to offer seamless, in-vehicle refueling experiences.
| Headquarters | Koerich, Luxembourg, Luxembourg |
| Year Founded | 2016 |
| Founders | Alain Tayenne, Frederic Stiernon |
| Funding Amount | $8.2M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Corporate Round |
| Top Investors | ZF Group |
Machinations has built a browser-based platform that helps game developers design, prototype, and balance their game systems. Their visual modeling tools allow teams to simulate game economies and test mechanics without needing to write code.
| Headquarters | Luxembourg, Luxembourg, Luxembourg |
| Year Founded | 2018 |
| Founders | Alin Moldovan, Dana Moasa Gheza, Joris Dormans, Mihai Gheza, Radu Craciun |
| Funding Amount | $4.8M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Seedcamp, Acequia Capital (AceCap), GapMinder VC, Hiro Capital, SeedBlink |
2 Additional Luxembourg Startups Worth Following
The ten startups we highlighted are just the beginning of the story in Luxembourg. Across the country, more founders are tackling problems in fields like logistics and artificial intelligence.
Some are early in their journey, while others are further along in their growth. Here is a look at two more companies helping to define the local startup scene.
