This is the list of some Greek startups that have been funded (seed or VC level) in the last months, according to online published information. Last updated on 15 July 2016
- Resin.io. Received 3m USD from Openfund II, Pano Papadopoulo and Gil Dibner. Source: Here
- Forky. Received 800kE in 2015 from Openfund II and Jeremie Capital. Source: Here
- Nannuka. Received 245k in two rounds (45k and 200k) on 2014 and 2015. Source: Here
- TravelPlanet24. Received 3.5mE from Elikonos and Odyssey Jeremie Partners . Source: Here
- Discoveroom. Received 110kE from Openfund. Source: Here
- Goodvid.io. Received 300k
- Pockee. Received 500k
- Rocketgraph. Received 500k from Openfund
- Re-embed. Received 80k.
- ParkAround. Received 185k from PJTech. Source: Here
- Offerial. Received 60kE from PJ Tech and IQbility. Source: Here
- Taxibeat. Received 1M E. Source: Here . Received 4M USD in SeriesA. Source: Here
- Total Eclipse. Received 430k from Openfund II, Sep 2013. Source : Here
- LongAccess. Received 110kE from Openfund II, July 2013. Source: Here. Update: On Jul 16, 2015, Longaccess shut down.
- Intale (former i-kiosk): 350K€ by PJ Tech Catalyst Fund, followed by angel investors. Source: Here
- RadioJar. €330k seed round for Radiojar from PJ Tech Catalyst fund. PJTC’s #1 investment. Amount officially disclosed in March. Source: Here
- Warply. Received 500k USD by angel investors Apostolos Apostolakis, Dimitris Vranopoulos, Nicos Ipchiotis. Source: Here
- Schoox. Received 1M USD from a 2M USD planned investment. Source: http://www.bizjournals.com/
- Incrediblue. Received 100k E, from Openfund II. Source: Openfund. Received a Round 2 of 500kE from Openfund II. Source: Here
- WorkableHR. Received 600k E, from Openfund II. Source: Openfund . Received 1.5mE from Greylock on March 2014. Source: Here
- Bugsense. Received 100k USD.
On the road for 400k USD. Update: Not anymore as Bugsense is cash positive now. Source: Here. Update on 17 Sep 13–> Bugsense Got Acquired by Splunk: Source at WSJ here - ParkingDefenders. Received 15k from Aegean Startups. Source: Here . Update: Parkingdefenders team pivoted to Parkaround.com.
- Pinnatta. Received two Rounds, one of 350k USD and one of 100kUSD. Sources: Here and Here . Received second round bridge fund of 250k: Source: Here .Received 1.5M E from PjTech and Odyssey. Source: here
- Locish. Received 60k E from Openfund II. Source: Bankwars
- Useum. Received 110k GBP from angel investors. Source: Here. Note: Useum has been the first winner of Athens Startup Weekend 2012.
- Athens Daily Secret. Raised 1.85m USD. Source: Here
- Intelen: Raised 250k USD. Source: Here
- Spitogatos: Raised 750kE. Source: Here (funding took place three years ago)
- Listiki: Raised Seed Level Funding from Openfund I. Listiki shut down its operations on 30.11.2012. Source: Here
- Fashinating: Raised 3okE from Openfund I and 65kE from Angel Investors. Source: Here
- Kamibu: Raised 50kE from Openfund I. Source: Here. Update: Kamibu has shut down.
- Weendy: Raised seed round from MindTheBridge & $240k seed round led by Archimedes Labs. Source: Here
- Persado: (UK-based, spinoff of Upstream): $15mln led by Bain Capital Ventures. Source: Here
- Advent: $2.3 mln funding round and relocation to Connecticut for Advent Technologies. Round led by Connecticut Innovations ($1mln), also involving Piraeus Capital Management, Systems Sunlight, Velti and individual investors. Source: Here and here
- Abzorba Games: Raised €250,000 from UK in 2012, Profitable, Source: Here
- Epignosis, and http://www.talentlms.com, eLearning, 2003, 700K, Profitable. Source: Here
- Helic. Raised about US $3.5mi in 2008, from a consortium of Silicon Valley strategic and angel investors, and Japan’s Fujitsu. (Source: https://www.semiwiki.com/forum/content/1664-brief-history-helic.html).
- MVNS, Mobile games, 2008, 480K, Profitable. Source: Here
- Flipnode, Unified communications, 2009, 920K, Break-even. Source: Here
- Insurance Manager, Cloud-enabled Business Software, 2010, 280K, Break-even. Source: Here
- VerITA, Digital Signage, 2009, 280K, Break-even. Source: Here
- Diagramma, Cloud-enabled Business Software, 2010, 280K, In R&D. Source: Here
- S4Trips, Travel – Booking mediation services, 2010, 220K, In R&D. Source: Here
- IT Center, IT support stores for SMEs, 2007, 500K, Failure. Source: Here
- NGLS, eLearning services, 2006, 180K, Failure. Source: Here
- Infomap, GIS, 2006, 320K, Failure. Source: Here
- TS Consulting, Business & IT Consulting, 2007, 220K, Failure. Source: Here
This is not a complete list of course – feel free to contribute!
Tolis Aivalis says:
Great work Fotis.
January 21, 2013 — 8:12 pm
Fotis Draganidis says:
Thank you Toli :)
January 22, 2013 — 9:13 am
George Tziralis says:
Hi Fotis, nice list. Please add up all Openfund I investments in Greek teams, including Fashinating, Listiki & Kamibu. If you intend to include angel investments, I think you will end up with some more. Thanks.
January 21, 2013 — 10:24 pm
Fotis Draganidis says:
Thank you George. I just updated the list with Fashinating, Listiki and Kamibu. Sorry to see Listiki seize operations – I really liked the idea..
January 22, 2013 — 9:14 am
Andrew Hughes says:
AbZorba Games raised €250,000 from UK in 2012
January 22, 2013 — 11:06 am
Fotis Draganidis says:
Thank you Andrew – list updated
January 22, 2013 — 11:22 am
Dimitris Tsigos says:
Hi Foti,
Great work, well done! Perhaps, you could add the StartTech Ventures portfolio:
Company name – URL – Sector – Entry – Investment – Current status
1. Epignosis, http://www.efrontlearning.net and http://www.talentlms.com, eLearning, 2003, 700K, Profitable
2. MVNS, http://www.mobilesocial.mobi, Mobile games, 2008, 480K, Profitable
3. Flipnode, http://www.sologateway.com, Unified communications, 2009, 920K, Break-even
4. Insurance Manager, http://www.insurancemanager.gr, Cloud-enabled Business Software, 2010, 280K, Break-even
5. VerITA, http://www.veritadv.com, Digital Signage, 2009, 280K, Break-even
6. Diagramma, http://www.diagramma.biz, Cloud-enabled Business Software, 2010, 280K, In R&D
7. S4Trips, http://www.s4trips.com, Travel – Booking mediation services, 2010, 220K, In R&D
8. IT Center, IT support stores for SMEs, 2007, 500K, Failure
9. NGLS, eLearning services, 2006, 180K, Failure
10. Infomap, GIS, 2006, 320K, Failure
11. TS Consulting, Business & IT Consulting, 2007, 220K, Failure
Also, AbZorba Games, a mobile casino games vendor, which is a spin-out of MVNS, has received 225K by a UK-based angel investor.
Best,
Dimitris
January 22, 2013 — 12:12 pm
Fotis Draganidis says:
Thank you Dimitri for the information – added to the list :)
January 22, 2013 — 12:47 pm
Nikos says:
How much of that money is public grants and how much is private investment?
Also these companies are funded by a fund or is it spin offs?
January 22, 2013 — 3:03 pm
Fotis Draganidis says:
Niko hi,
there are links in each investment with more information on them. At least the first 15 are investments from VCs and private funds. For the rest, maybe Dimitris Tsigos can help us with relevant information.
January 22, 2013 — 3:23 pm
Dimitris Tsigos says:
As far as the StartTech Ventures portfolio is concerned, the investments done from 2003 to 2011 are classified as ‘corporate venturing’, where the injected funds came from a number of different sources like corporate earnings, Greek and EU subsidies as well as debt financing.
January 22, 2013 — 6:23 pm
Fotis Draganidis says:
Dimitri thank you for the reply and the information :)
January 22, 2013 — 8:20 pm
Angelos Angelou says:
Fotis
Nice work!
January 22, 2013 — 3:38 pm
Fotis Draganidis says:
Thank you Angele :)
January 22, 2013 — 3:57 pm
Jon Romero says:
Nice work Fotis!
For the record, BugSense is not anymore searching for an additional seed round (the awesome thing about being cash positive:D)
January 25, 2013 — 11:24 pm
Fotis Draganidis says:
Thnx Jon :) I will update accordingly – and we are all proud of Bugsense’s progress!
January 26, 2013 — 2:01 pm
Dimitrios Pogkas says:
2013-01&02:
Weendy: $65k (? – amount uncofirmed) seed round from MindTheBridge & $240k seed round led by Archimedes Labs
(sources: http://www.EMEA.gr/?p=321816 & http://www.EMEA.gr/?p=324158)
Persado (UK-based): $15mln led by Bain Capital Ventures (source: http://www.EMEA.gr/?p=323177)
February 20, 2013 — 2:22 am
Fotis Draganidis says:
Thnx Dimitri – updated!
February 20, 2013 — 11:48 am
George Spanoudakis says:
Hi Fotis,
Awesome list!
Please also include the second part of our bridge round funding ($250K).
The relative blogpost link is: http://pinnatta.com/new-funding-round/
February 21, 2013 — 5:47 pm
Fotis Draganidis says:
Thnx George! Updated with info on Pinnatta’s second part of bridge round..
February 22, 2013 — 4:28 pm
Dimitrios Pogkas says:
2013-02-20: $500k seed round for Warp.ly led by angel investors Apostolos Apostolakis, Dimitris Vranopoulos, Nicos Ipchiotis
source: http://www.emea.gr/archives/warply-seed-funding/
blog post: http://www.warp.ly/blog/warply-raised-500k-seed-investment-expansion-uk-usa-and-south-america
February 22, 2013 — 5:23 pm
Fotis Draganidis says:
Thnx Dimitri. Great news for Niobium/Warply :)
February 22, 2013 — 5:44 pm
Dimitrios Pogkas says:
2013-01:
$2.3 mln funding round and relocation to Connecticut for Advent Technologies. Round led by Connecticut Innovations ($1mln), also involving Piraeus Capital Management, Systems Sunlight, Velti and individual investors. Source: http://www.advent-energy.com/news/Advent Technologies – reloc_13_1_3.pdf
First official announcement in 2012/12 during 12th International Venture Capital and Private Equity Forum in Athens (http://www.EMEA.gr/?p=313042).
February 27, 2013 — 5:16 pm
Fotis Draganidis says:
Thnx Dimitri! Updated.
March 4, 2013 — 9:21 am
Dimitrios Pogkas says:
2013-03
£110k ($165k) seed round for art social network USEUM (winners of SWAthens 2012) and a validation of £1mn. Source: http://www.EMEA.gr/?p=328607.
Announced during official launch, details here: http://www.bartlett.ucl.ac.uk/casa/news/2013-03-06-useumlaunch.
March 15, 2013 — 8:20 am
Fotis Draganidis says:
Thnx Dimitri – updated
March 26, 2013 — 12:52 pm
Dimitrios Pogkas says:
2012-10 $900k seed funding round for Fleksy.
Sources here: http://www.fundable.com/blog/how-fleksy-raised-900k and here: http://thenextweb.com/insider/2012/10/31/fleksy-closes-a-900000-funding-round-to-bring-its-keyboard-for-visually-impaired-onto-new-platforms/
March 26, 2013 — 7:53 pm
Dimitrios Pogkas says:
2013-01: €330k seed round for Radiojar from PJ Tech Catalyst fund. PJTC’s #1 investment. Amount officially disclosed in March. Source: http://www.emea.gr/archives/radiojar-pj-tech-catalyst-first-investment/
March 31, 2013 — 6:43 pm
Fotis Draganidis says:
Dimitri thank you again :) – Nice to see more and more Greek startups getting in the game..
June 13, 2013 — 6:56 pm
Wassilis Kazakos says:
nice list, Fotis. Just found this for intale (former i-kiosk): 350T€ by PJ Tech Catalyst Fund, followed by angel investors. Source: http://intale.com/intale-sets-forward-to-connect-and-unify-the-retail-market/
June 28, 2013 — 8:09 pm
Fotis Draganidis says:
Thank you Vasili :) – iKiosk (now Intale) is a great team and we all wish them best of luck!
June 30, 2013 — 9:36 am
Nikolaos Tsoniotis says:
Great List Fotis!
Live, kicking and updated….keep it up.
July 22, 2013 — 3:11 pm
Fotis Draganidis says:
Thnx Niko!
July 22, 2013 — 5:29 pm
Alexis Christodoulou says:
There are some updates. Offerial: http://tech.in.gr/news/article/?aid=1231267930 Pinnata Series A: http://www.fortunegreece.com/article/ependisi-funds-ipsous-15-ekat-gia-elliniko-pinnatta/ Parkaround: http://www.startup.gr/index.php?about=89&id=1468
October 14, 2013 — 6:49 pm
Fotis Draganidis says:
Thank you Alexi!
November 27, 2013 — 10:23 am
Nikos Anagnostou says:
Looks like you have missed Discoveroom (or I am blind).
Check here http://theopenfund.com/blog/discoveroom/
November 20, 2013 — 5:50 pm
Fotis Draganidis says:
Thnx Niko! I haven’t updated the page for a some time now. Good luck with Discoveroom :)
November 27, 2013 — 10:23 am
alex giamas says:
Incrediblue’s round of 0.5 mega is missing
Source:http://emeastartups.com/incrediblue-new-funding-round-e500000/349
April 4, 2014 — 7:32 pm
Fotis Draganidis says:
Thnx Alex! I will update accordingly –
May 7, 2014 — 11:11 am
Sotiris says:
Hello Fotis,
Helic (www.helic.com) raised about US $3.5mi in 2008, from a consortium of Silicon Valley strategic and angel investors, and Japan’s Fujitsu. (Source: https://www.semiwiki.com/forum/content/1664-brief-history-helic.html).
Thank you
October 9, 2014 — 8:56 am
Fotis Draganidis says:
Thank you Sotiris and many congratulations to Helic :)
October 24, 2014 — 10:46 am
User says:
http://www.news.gr/oikonomia/epiheirhseis/article/200644/katevase-rola-to-locish-.html
January 5, 2017 — 8:23 pm
User says:
closed down:
– weendy
– https://www.crunchbase.com/organization/fashinating#/entity
– verita (?)
– diagramma (?)
– S4 Trips (?)
January 5, 2017 — 9:02 pm