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City	Country	Region	Investment Volumes	Funding Growth	Internationality	Ease of Doing Business	Affordable Developers	Strong Verticals	Early Stage Support	Expansion Friendly	Community Focus	Popularity	City	Trust Score	Investments 2019 (bn)	Activity Trend
London	United Kingdom	UK.Ire	Large Investments		Global Connectivity	Ease of Doing Business		Consumer & Platforms, Tech/Hardware & IoT&VR, SaaS & Enterprise Software, Health & BioTech, FinTech, Big Data, Other, eCommerce	Strong Early-Stage Support		AI & Data Drone Female FinTech High-Tech Infrastructure Logistics Mobile SaaS	Founders' Choice	London Find Opportunities here Find Accelerators here	99.13	8.40	+1748%
Berlin	Germany	West	Large Investments		Global Connectivity			Consumer & Platforms, Tech/Hardware & IoT&VR, SaaS & Enterprise Software, Health & BioTech, FinTech, Big Data, Other, eCommerce	Strong Early-Stage Support		AgTech FinTech Health & BioTech Logistics	Founders' Choice	Berlin Find Opportunities here Find Accelerators here	100.00	4.00	+203.%
Barcelona	Spain	Med	Large Investments		Global Connectivity		Cheap Developers	Consumer & Platforms, Tech/Hardware & IoT&VR, SaaS & Enterprise Software, Health & BioTech, FinTech, Big Data, Other, eCommerce			AgTech Drone Female High-Tech Infrastructure IoT Mobile SaaS	Founders' Choice	Barcelona Find Opportunities here Find Accelerators here	98.26	0.66	+113.%
Paris	France	West	Large Investments					Consumer & Platforms, Tech/Hardware & IoT&VR, SaaS & Enterprise Software, Health & BioTech, FinTech, Big Data, Other, eCommerce	Strong Early-Stage Support		AI & Data Cybersecurity Gaming High-Tech IoT	Founders' Choice	Paris Find Opportunities here Find Accelerators here	94.78	2.90	+1776.%
Amsterdam	Netherlands	Benelux	Large Investments		Global Connectivity	Ease of Doing Business		Consumer & Platforms, Tech/Hardware & IoT&VR, SaaS & Enterprise Software, Health & BioTech, FinTech, Big Data, Other, eCommerce			3D Printing AgTech AI & Data CleanTech Cybersecurity Female Infrastructure Mobility SaaS Sustainability	Founders' Choice	Amsterdam Find Opportunities here Find Accelerators here	96.52	0.65	+536%
Lisbon	Portugal	Med			Global Connectivity		Cheap Developers	Consumer & Platforms, Tech/Hardware & IoT&VR, SaaS & Enterprise Software, Health & BioTech, FinTech, Big Data, Other, eCommerce	Strong Early-Stage Support		AI & Data Gaming Infrastructure	Founders' Choice	Lisbon Find Opportunities here Find Accelerators here	97.39	0.07	+738%
Munich	Germany	West	Large Investments					Tech/Hardware & IoT&VR, SaaS & Enterprise Software, Health & BioTech, Big Data, Other, eCommerce	Strong Early-Stage Support		3D Printing Drone FinTech Health & BioTech High-Tech Infrastructure Logistics Mobile Mobility VR	Founders' Choice	Munich Find Opportunities here Find Accelerators here	93.91	1.30	+3783%
Milan	Italy	Med					Cheap Developers	eCommerce			Crowdfund Cybersecurity IoT Mobility	Founders' Choice	Milan Find Opportunities here Find Accelerators here	90.43	0.14	+815%
Tallinn	Estonia	Nord.Balt			Global Connectivity	Ease of Doing Business	Cheap Developers	Consumer & Platforms, SaaS & Enterprise Software, FinTech, Other, eCommerce			3D Printing Cybersecurity Gaming High-Tech Infrastructure Mobility VR	Founders' Choice	Tallinn Find Opportunities here Find Accelerators here	95.65	0.08	+320%
Stockholm	Sweden	Nord.Balt	Large Investments			Ease of Doing Business		Consumer & Platforms, Tech/Hardware & IoT&VR, SaaS & Enterprise Software, Health & BioTech, FinTech, Big Data, Other, eCommerce	Strong Early-Stage Support		AgTech AI & Data CleanTech Health & BioTech Mobility Sustainability COVID-19	Founders' Choice	Stockholm Find Opportunities here Find Accelerators here	93.04	1.50	+2500%
Dublin	Ireland	UK.Ire				Ease of Doing Business		Consumer & Platforms, Tech/Hardware & IoT&VR, SaaS & Enterprise Software, Health & BioTech, FinTech, Big Data, Other			Cybersecurity Female		Dublin Find Opportunities here Find Accelerators here	88.70	0.30	+60%
Madrid	Spain	Med	Large Investments				Cheap Developers	Big Data			Drone Gaming Infrastructure	Founders' Choice	Madrid Find Opportunities here Find Accelerators here	92.17	0.53	+188%
Vienna	Austria	West				Ease of Doing Business		Consumer & Platforms, Tech/Hardware & IoT&VR, SaaS & Enterprise Software, FinTech, Big Data, Other	Strong Early-Stage Support		3D Printing Crowdfund Female FinTech Health & BioTech IoT Mobility SaaS COVID-19		Vienna Find Opportunities here Find Accelerators here	87.83	0.22	+1795%
Zurich	Switzerland	West				Ease of Doing Business		Tech/Hardware & IoT&VR, Health & BioTech, FinTech, Big Data	Strong Early-Stage Support		AI & Data CleanTech Crowdfund FinTech Health & BioTech High-Tech IoT Mobile COVID-19	Founders' Choice	Zurich Find Opportunities here Find Accelerators here	91.30	0.47	+375%
Tel Aviv	Israel	Non-EU	Large Investments								AgTech AI & Data Cybersecurity Drone Health & BioTech Infrastructure Mobile Mobility SaaS COVID-19		Tel Aviv Find Opportunities here Find Accelerators here	80.00	2.10	+103%
Copenhagen	Denmark	Nord.Balt				Ease of Doing Business		Consumer & Platforms, Tech/Hardware & IoT&VR, SaaS & Enterprise Software, Health & BioTech, Other	Strong Early-Stage Support		3D Printing CleanTech Health & BioTech Infrastructure SaaS Sustainability		Copenhagen Find Opportunities here Find Accelerators here	83.48	0.14	+1126%
Warsaw	Poland	CEE				Ease of Doing Business	Cheap Developers	FinTech, eCommerce			FinTech Gaming High-Tech Logistics Mobile		Warsaw Find Opportunities here Find Accelerators here	86.96	0.08	+11%
Oslo	Norway	Nord.Balt				Ease of Doing Business							Oslo Find Opportunities here Find Accelerators here	60.00	0.13	+123%
Edinburgh	United Kingdom	UK.Ire				Ease of Doing Business					Gaming Mobile SaaS		Edinburgh Find Opportunities here Find Accelerators here	40.87	0.15	+21%
Brussels	Belgium	Benelux							Strong Early-Stage Support		AgTech CleanTech Crowdfund Drone Sustainability COVID-19		Brussels Find Opportunities here Find Accelerators here	85.22	0.02	+957%
Bucharest	Romania	CEE	Large Investments			Ease of Doing Business	Cheap Developers						Bucharest Find Opportunities here Find Accelerators here	74.78	0.70	+689%
Cologne	Germany	West				Ease of Doing Business					CleanTech Crowdfund IoT Logistics Mobility Sustainability COVID-19		Cologne Find Opportunities here Find Accelerators here	57.39	0.07	-40%
Geneva	Switzerland	West				Ease of Doing Business							Geneva Find Opportunities here Find Accelerators here	60.00	0.01	+359%
Hamburg	Germany	West				Ease of Doing Business					CleanTech Mobility Sustainability COVID-19		Hamburg Find Opportunities here Find Accelerators here	72.17	0.18	+89%
Luxembourg	Luxembourg	Benelux				Ease of Doing Business					AgTech Crowdfund Cybersecurity Female FinTech Mobility VR		Luxembourg Find Opportunities here Find Accelerators here	75.65	0.06	+126%
Eindhoven	Netherlands	Benelux				Ease of Doing Business							Eindhoven Find Opportunities here Find Accelerators here	67.83	0.07
Turin	Italy	Med				Ease of Doing Business	Cheap Developers						Turin Find Opportunities here Find Accelerators here	25.22	0.00
Budapest	Hungary	CEE				Ease of Doing Business	Cheap Developers				Gaming Mobile VR		Budapest Find Opportunities here Find Accelerators here	73.91	0.06
Krakow	Poland	CEE			Global Connectivity	Ease of Doing Business	Cheap Developers						Krakow Find Opportunities here Find Accelerators here	14.78	0.04	+1607%
Kiev	Ukraine	CEE				Ease of Doing Business	Cheap Developers						Kiev Find Opportunities here Find Accelerators here	53.04	0.00
Athens	Greece	Med					Cheap Developers						Athens Find Opportunities here Find Accelerators here	81.74	0.01	+2528%
Valencia	Spain	Med					Cheap Developers		Strong Early-Stage Support				Valencia Find Opportunities here Find Accelerators here	86.09	0.03
Prague	Czech Republic	CEE				Ease of Doing Business	Cheap Developers				AI & Data CleanTech Drone Female Gaming Infrastructure Sustainability VR		Prague Find Opportunities here Find Accelerators here	66.09	0.01	+173%
Lausanne	Switzerland	West				Ease of Doing Business			Strong Early-Stage Support		3D Printing AgTech AI & Data Crowdfund Cybersecurity Drone Health & BioTech IoT Mobile SaaS VR		Lausanne Find Opportunities here Find Accelerators here	40.87	0.13	+155%
Helsinki	Finland	Nord.Balt				Ease of Doing Business					3D Printing CleanTech Cybersecurity Female Health & BioTech High-Tech IoT SaaS Sustainability VR		Helsinki Find Opportunities here Find Accelerators here	82.61	0.35
Lyon	France	West				Ease of Doing Business	Cheap Developers						Lyon Find Opportunities here Find Accelerators here	53.04	0.10	+171%
Malta	Malta	Med											Malta Find Opportunities here Find Accelerators here	71.30	0.00	+37785%
Trento	Italy	Med				Ease of Doing Business	Cheap Developers						Trento Find Opportunities here Find Accelerators here	63.48	0.00
Frankfurt	Germany	West				Ease of Doing Business	Cheap Developers				3D Printing CleanTech FinTech Gaming IoT SaaS Sustainability COVID-19		Frankfurt Find Opportunities here Find Accelerators here	66.96	0.02	+52%
Manchester	United Kingdom	UK.Ire				Ease of Doing Business							Manchester Find Opportunities here Find Accelerators here	35.65	0.21	-8%
Cluj-Napoca	Romania	CEE				Ease of Doing Business	Cheap Developers						Cluj-Napoca Find Opportunities here Find Accelerators here	65.22	0.00
Stuttgart	Germany	West				Ease of Doing Business							Stuttgart Find Opportunities here Find Accelerators here	61.74	0.00
Toulouse	France	West				Ease of Doing Business	Cheap Developers				3D Printing AgTech Drone Health & BioTech High-Tech IoT Sustainability COVID-19		Toulouse Find Opportunities here Find Accelerators here	25.22	0.03
Bratislava	Slovakia	CEE				Ease of Doing Business	Cheap Developers						Bratislava Find Opportunities here Find Accelerators here	64.35	0.01
Istanbul	Turkey	Non-EU				Ease of Doing Business	Cheap Developers						Istanbul Find Opportunities here Find Accelerators here	61.74	0.02	+548%
Bologna	Italy	Med				Ease of Doing Business	Cheap Developers						Bologna Find Opportunities here Find Accelerators here	53.04	0.00
Gdansk	Poland	CEE				Ease of Doing Business	Cheap Developers						Gdansk Find Opportunities here Find Accelerators here	54.78	0.00
The Hague	Netherlands	Benelux				Ease of Doing Business							The Hague Find Opportunities here Find Accelerators here	42.61	0.05
Vilnius	Lithuania	Nord.Balt				Ease of Doing Business	Cheap Developers				Logistics		Vilnius Find Opportunities here Find Accelerators here	73.04	0.16	+15756%
Palma de Mallorca	Spain	Med				Ease of Doing Business	Cheap Developers						Palma de Mallorca Find Opportunities here Find Accelerators here	76.52	0.00
Antwerp	Belgium	Benelux					Cheap Developers						Antwerp Find Opportunities here Find Accelerators here	79.13	0.03
Aarhus	Denmark	Nord.Balt				Ease of Doing Business							Aarhus Find Opportunities here Find Accelerators here	41.74	0.00
Ljubliana	Slovenia	CEE				Ease of Doing Business	Cheap Developers						Ljubliana Find Opportunities here Find Accelerators here	40.87	0.00
Riga	Latvia	Nord.Balt				Ease of Doing Business	Cheap Developers				AgTech Crowdfund Drone Female FinTech High-Tech VR		Riga Find Opportunities here Find Accelerators here	78.26	0.02	-61%
Utrecht	Netherlands	Benelux				Ease of Doing Business							Utrecht Find Opportunities here Find Accelerators here	62.61	0.26
Porto	Portugal	Med					Cheap Developers						Porto Find Opportunities here Find Accelerators here	89.57	0.00	+12213%
Belgrade	Serbia	CEE				Ease of Doing Business	Cheap Developers						Belgrade Find Opportunities here Find Accelerators here	81.74	0.00	+123%
Moscow	Russia	Non-EU				Ease of Doing Business	Cheap Developers						Moscow Find Opportunities here Find Accelerators here	30.43	0.06	-95%
Naples	Italy	Med				Ease of Doing Business	Cheap Developers						Naples Find Opportunities here Find Accelerators here	31.30	0.00
City	Country	Region	Investment Volumes	Funding Growth	Internationality	Ease of Doing Business	Affordable Developers	Strong Verticals	Early Stage Support	Expansion Friendly	Community Focus	Popularity

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