CEE Startup Value Reaches €243B but Growth Rounds Remain Scarce

The report puts the Central and Eastern European startup ecosystem at €243 billion in value but notes only 16 funding rounds above $15 million. It examines why growth capital remains scarce, which countries and cities are expanding, and which sectors attract investors. It also considers the region's position in Europe's AI boom and policy efforts such as EU Inc. and the 28th regime.
The 2026 CEE startup report values the region’s startup ecosystem at €243 billion but counts only sixteen rounds larger than $15 million. It contrasts bootstrapped and VC-backed paths and tracks expanding hubs such as the Baltics, Bucharest, Sofia, and Ukraine.
The material also examines average investor cheque sizes by sector, women-led and solo founders, deeptech, defense tech, and Series A odds. It asks whether CEE is participating in Europe’s AI boom and notes policy ideas including EU Inc. and the 28th regime.
The scarcity of large growth rounds may push CEE founders to bootstrap, relocate, or seek foreign investors, which could affect local job creation and talent retention. Employees in expanding hubs such as Bucharest, Sofia, and the Baltics may see more opportunities, while women-led and solo founders could remain underserved if capital stays concentrated. Policy efforts like EU Inc. and the 28th regime may influence cross-border fundraising, though their societal effects are uncertain.