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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.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50S.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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
