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Europe’s startup ecosystems hold ground, competition intensifies

IO+ 2025

Paris and Madrid climb, while London faces new pressure in the evolving global startup landscape. Amsterdam loses ground. Europe's startup ecosystems are standing firm but increasingly feel the heat of global competition, according to the newly released Global Startup Ecosystem Report 2025 (GSER 2025) by Startup Genome. Although eight European cities remain in the world’s Top 40 ecosystems, only two managed to improve their positions in this year’s ranking: Paris and Madrid. The rest either held their ground or lost momentum as Asia and North America continue to outpace much of Europe in growth and late-stage funding...

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