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Startup Ecosystem in Czechia

Map of Czechia

Startup Ecosystem in Czechia

Startup Ecosystem in Czechia

Czechia has developed a dynamic innovation ecosystem that increasingly attracts international attention, particularly for its strengths in cybersecurity, artificial intelligence, and gaming. The country has produced notable success stories such as Avast (cybersecurity), Productboard (product management platform), and Rohlik (e-grocery), while a new generation of startups in areas like fintech, spacetech, and advanced manufacturing continues to emerge. The investment landscape features local venture capital firms such as Credo Ventures, Reflex Capital, and Presto Ventures, complemented by increasing participation from regional CEE funds and Western European investors. Angel investors organize through networks like Czech Business Angel Association and Grouport, with many coming from the first generation of successful Czech tech entrepreneurs reinvesting their expertise and capital. Accelerator programs have matured significantly with initiatives like StartupYard in Prague (Central Europe's oldest accelerator) and specialized programs like ESA BIC for space technologies providing structured support. Government backing comes through agencies like the Technology Agency of the Czech Republic and CzechInvest, offering a variety of innovation vouchers, tax incentives for R&D, and EU-funded instruments. While Prague remains the undisputed center of startup activity, regional ecosystems have developed in Brno (with strengths in cybersecurity and AI), Ostrava (focusing on industrial technologies), and Pilsen (specializing in smart manufacturing). Czech startups benefit from the country's excellent technical universities, high quality of life at competitive costs, and strategic location in Central Europe, though they still navigate challenges including skilled labor shortages and the need to look beyond the domestic market from early stages.

Czechia has developed a dynamic innovation ecosystem that increasingly attracts international attention, particularly for its strengths in cybersecurity, artificial intelligence, and gaming. The country has produced notable success stories such as Avast (cybersecurity), Productboard (product management platform), and Rohlik (e-grocery), while a new generation of startups in areas like fintech, spacetech, and advanced manufacturing continues to emerge. The investment landscape features local venture capital firms such as Credo Ventures, Reflex Capital, and Presto Ventures, complemented by increasing participation from regional CEE funds and Western European investors. Angel investors organize through networks like Czech Business Angel Association and Grouport, with many coming from the first generation of successful Czech tech entrepreneurs reinvesting their expertise and capital. Accelerator programs have matured significantly with initiatives like StartupYard in Prague (Central Europe's oldest accelerator) and specialized programs like ESA BIC for space technologies providing structured support. Government backing comes through agencies like the Technology Agency of the Czech Republic and CzechInvest, offering a variety of innovation vouchers, tax incentives for R&D, and EU-funded instruments. While Prague remains the undisputed center of startup activity, regional ecosystems have developed in Brno (with strengths in cybersecurity and AI), Ostrava (focusing on industrial technologies), and Pilsen (specializing in smart manufacturing). Czech startups benefit from the country's excellent technical universities, high quality of life at competitive costs, and strategic location in Central Europe, though they still navigate challenges including skilled labor shortages and the need to look beyond the domestic market from early stages.

Czechia startups in numbers

Startups in Czechia on Foundersbase show a range of characteristics across different early development stages. Among the projects in this region, 40% are currently in the concept phase, exploring early validation, while 60% have developed a minimum viable product (MVP) and are open to forming strategic partnerships. Currently, 40% of startups have reached the Prototype phase, one of several indicators of how innovative founding projects in Czechia are evolving. A significant share (62%) report open positions, making this a valuable space for entrepreneurial talent looking to join a team early. In terms of funding, 49% of startups are currently seeking investment, while others pursue different approaches to growth. Startups in Czechia are active across a wide range of industries, with many focusing on areas such as Real Estate, Software, and SaaS. Alongside sector diversity, projects also address major global challenges. Notable impact innovation topics include Small Business Support, Art & Creative Expression, Community Development, and Global Health, adding purpose-driven perspectives to the local startup scene. Whether you’re interested in supporting founders, investing in early-stage ventures, or finding opportunities to get involved, the startup activity in Czechia offers a great starting point.

Job Offerings

More than (40%) of startups in Czechia are actively recruiting talent, while (60%) are focused on building with their current team.

Hiring 40%

Startup Stage

The Czechia startup ecosystem spans various development stages from early ideas to profitable businesses, with most ventures (40%) currently at the Prototype stage.

Funding Need

About (58%) of early-stage startups in Czechia are seeking external investment to scale their innovations, while (42%) are pursuing a bootstrapped growth approach.

Fundraising 58%

Top innovation sectors

Discover the industries where early-stage startups in Czechia are developing innovative solutions and seeking collaboration partners.

Sports
Real Estate
Software
SaaS
Property Management
Media
Recreation
Entertainment

Impact Focus

Startups from Czechia on Foundersbase most often focus on Small Business Support, driving innovation in this area.

Small Business Support
Art & Creative Expression
Community Development
Global Health

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