We continue our series dedicated to mapping early-stage startups with Greece, a flourishing innovation ecosystem in Southeast Europe. Greece is renowned for its deep tech, fintech, agritech, and health tech verticals, as well as strategic location, strong legacy in science and technology, and rapidly improving infrastructure. So we are not surprised to see early seeds in AI and transportation, as well as proptech and the circular economy.
In this article, we will explore a selection of Greek early-stage ventures, many of which have already caught the eye of local investors or partners, indicating growth potential.
They have been supported by local venture capital firms like Metavallon, Marathon VC, Velocity.Partners, and Venture Friends, angel networks such as Hellenic Business Angels Network or global accelerator funds such as Startup Wise Guys.
The following list is presented in alphabetical order.
15 Early-stage Greek startups
Agritrack
Stage: Pre-seed
Funding: €383,000
Investors: Startup Wise Guys
Vertical: agritech, food tech
Founders: Vlasis Tsezos
About: Agritrack offers a process automation platform that helps track quality from farm to fork, and thus improve quality control and traceability.
BIOPIX-T
Stage: Seed
Funding: €1.7 million
Investors: Metavallon VC, Eleven Ventures
Vertical: medtech
Founders: Dr. George Papadakis, Prof. Electra Gizeli, Dr. Alexandros Pantazis, Nikolaos Fikas, Sergios Katsaros
About: BIOPIX-T designs and manufactures molecular diagnostic devices for the point of care, such as instruments and standardized assays for the detection and monitoring of infectious diseases.
Bitloops
Stage: Grant
Funding: ~€55,400
Investors: European regional development fund (ERDF), Hellenic Republic
Vertical: enterprise software, AI
Founders: Vasilis Danias, Sergio Pereira
About: Bitloops is a developer platform that allows software engineers to build high quality backend systems faster than traditional coding, using AI and automation.
CaptainBook.io
Stage: Pre-seed
Funding: €250,000
Investors: SeedBlink
Vertical: travel tech, booking software
Founders: Jerome Bajou, Luca Lattanzio
About: CaptainBook.io offers booking solutions to providers of tours and activities.
Coffe-eco
Stage: funded by startup programs
Funding: N/A
Investors: N/A
Vertical: alternative materials, upcycling
Founders: Dr.-Ing Alexis Pantziaros, Marios Vlachogiannis
About: Aiming to reduce waste and plastic pollution, Coffe-eco uses coffee grounds as a base for skincare products, as well as biodegradable bioplastics.
Cordella
Stage: Pre-seed
Funding: $100,000
Investors: Hellenic Business Angels Network
Vertical: e-Commerce
Founders: Michaela Plaka
About: Cordella is an online wedding fit registry aiming to offer a seamless gift selection experience.
deeptraffic
Stage: Seed
Funding: undisclosed
Investors: N/A
Vertical: transportation, automated mobility
Founders: Evangelos Mitsakis
About: Deeptraffic is a spin-off company of CERTH-HIT, developing solutions and technologies that enable traffic management as a service, targeting connected and automated vehicles.
Finloup
Stage: Pre-seed
Funding: €1 million
Investors: Velocity.Partners (lead), TECS Capital, Everypay
Vertical: fintech – BNPL
Founders: Antonis Prentzas, Marios Noutsos
About: Finloup is a buy-now-pay-later (BNPL) startup on a mission to bring more affordable credit options to consumers.
Hosthub
Stage: Pre-seed
Funding: $810,000
Investors: Velocity.Partners
Vertical: SaaS, proptech
Founders: Alexander Caravitis, Petros Ziogas
About: Hosthub offers a SaaS solution through which vacation rental home owners can list their property on multiple channels, avoiding double bookings.
Purposeful
Stage: Seed
Funding: $2 million
Investors: Metavallon VC
Vertical: medtech
Founders: Georgios Drakakis, Charalampos Chomenidis
About: Purposeful uses advanced computational workflow that combines AI, data analytics, and smart filtering to discover alternative effects for existing drugs.
Simpler
Stage: Seed
Funding: €1 million
Investors: VentureFriends
Vertical: Fintech
Founders: Rania Lamprou, Alexandros Kyriakopoulos
About: Simpler aims to offer retailers a simple solution for checkout – a single online shopping passport through which customers can make purchases with just one click.
Swaplanet
Stage: Seed
Funding: €1 million
Investors: Acasia Angels, Zeno capital
Vertical: e-commerce, circular fashion
Founders: Sherif Barakat, Helena Stamou, Jimmy Nicolaides
About: Swaplanet is a circular fashion platform where parents can exchange children’s clothes to save money and resources.
Tendertec
Stage: Pre-seed
Funding: €624,000
Investors: Metavallon VC
Vertical: healthcare
Founders: Afroditi Konidari, Rui Zhang
About: Tendertech is building AI-enabled technologies for home care, such as Hestia, an integrated machine learning platform that helps caretakers by monitoring deterioration and helping put preventative measures in place.
Velos Rotors
Stage: Seed
Funding: $2 million
Investors: Marathon Venture Capital
Vertical: logistics, transportation
Founders: Aris Kolokythas
About: The company develops unmanned aerial vehicles (UAVs), to fulfill new possibilities for critical missions with valuable payloads. They have developed a helicopter with a patented twin-engine design that can carry a 13 lb payload for 60 minutes at a 35 MPH cruise speed.
VERTLINER
Stage: Pre-seed
Funding: $350,000
Investors: EIT Urban Mobility
Vertical: robotics, AI
Founders: Michael Striligás
About: VERTLINER creates advanced technology solutions for indoor assessments, such as an integrated robotic platform using autonomous aerial robots and AI software.
