As we come closer to 2025, I take a look at what has been yet another high-impact year for the Greek entrepreneurship ecosystem, and I feel proud, inspired and excited by what the innovative Greek entrepreneurs are achieving, both in Greece and abroad. Endeavor is the top organization in the world, dedicated in supporting such founders to dream bigger, grow faster and pay-it-forward by maximizing their multiplier effect and our work in Greece is to create as much value as possible for all high-impact entrepreneurs in Greece.

The Greek Tech ecosystem is valued at $12B+ and has created 3 Unicorn companies, Viva Wallet, Blueground and Beta CAE, after the last one was acquired by Cadence at a whopping $1,2B – a deal that represents 25% of Greece’s total 2023 Foreign Direct Investments. Additionally, the US-based and Greek-founded ActionIQ was acquired by Uniphore and the timing of coming together with the amazing Diaspora network of Greek founders has never been more opportune. Greek founders have raised $1,3B+ in equity and debt in 2024, out of which $390M were raised by startups launched and grown in Greece.

Endeavor Greece has selected 43 Endeavor Entrepreneurs in Greece who have founded 33 companies which are some of our country’s top scale-ups. These founders are building category leading companies and push the boundaries of Greek Innovation in ways we could not even imagine a few years ago. In 2024 they raised $158.5M and generated $2.01B in revenues. They have cumulatively created a total of 5686 jobs and are making the top headlines for Greece. This year we celebrated Blueground’s new investment that gave them Unicorn status as well as the new investment rounds from Cameo and Numa. From Hack the Box and Orfium to TileDB and Harbor Lab, as well as Ergon Foods, Hellas Direct, Sychem and HotelBrain Endeavor Entrepreneurs lead their industries, impact the world and continue to scale up in revenues, markets and impact at impressive rates.

Our co-investment fund, Endeavor Catalyst in 2024 invested in the rounds of Harbor Lab, Cameo and Numa. Overall, with Endeavor Catalyst we have invested $13M+ in 10 Greek companies.

This year, Scale Up by Endeavor, our early-stage program, selected 16 new rising stars in our portfolio and since we launched the program in 2021, the Scale Up community has grown to 100 founders from 65 companies, across 8 batches. It is not just the largest support program of tech founders in Greece, it is also the most diverse and international program as we have founders based in 13 countries, across all industries. In 2024, the Scale-Up founders raised a combined total of $102.45M and have generated $375M in aggregated revenues. Companies like Causaly, OQ Technology, iCOMAT, Seismos, Connectly, Dyania, Zeal amongst many others are the rising stars who made headlines in 2024 and we expect big success stories.

Overall, the Endeavor Greece team and our global network has created 9.500 servicing hours for these high-impact entrepreneurs, hours that went into making key introductions to experts, leaders, investors, talent and founders around the world, and who support our founders make better decisions, scale faster, enter new markets, think bigger.

I am also proud of the institutional work Endeavor is doing in Greece. As a global organization, with access to an incredible network of thousands of high-impact founders from 45+ countries, as well as with deep knowledge, insights and learnings from innovation ecosystems from around the world, Endeavor can truly be of big service for Greece. We are putting together an incredibly valuable community of high-impact founders and the protagonists behind the Greek Transformation, from all around the world.

Our country’s Innovation and Entrepreneurship ecosystem’s next big opportunity is to successfully become a competitive and attractive global destination for talent, founders and investors. Towards this, in 2024 we suggested the Greek Tech Visa and the Extraordinary Talent Visa as well as tech-focused Golden Visa initiatives and products to the Greek Government.

This year we also launched Innovation Nation, the first ever Greek national campaign aiming to promote Greece as an innovation destination for international founders, investors and talent. It is one common platform where every meaningful legislation and incentive, every world-class business story and investment, world-class job opportunities from Greek tech startups as well every organization’s work and output is in one place servicing one common narrative. The campaign debuted at the end of June, perfectly timed to capture the city’s most vibrant season. Overall, during the summer months we estimate that more than 10M people saw the Innovation Nation Campaign while moving around Athens.

In the same spirit of promoting Greece globally, Endeavor worked with FT’s Sifted and published its second Greeking Out 2.0 report in Greece. We asked 50+ of the country’s top high-impact entrepreneurs and contributors to share insights about their industries and perspectives on Greece. The Greeking Out messages have reached 500K+ views worldwide, with the report downloaded 2K+ times, the first-ever Sifted video interviews accumulating over 165K views, and the joint online campaign reaching 250K views. Moreover, the Greeking Out 2.0 was translated and distributed by major Greek publications such as Kathimerini and Startupper to 100K+ Greek households. We continued hosting Greeking Out events around the world, inviting the Greek Diaspora and foreign business leaders to connect with the growing Greek Ecosystem. In 2024, more 4K participants at Greeking Out events, in Athens, New York, San Francisco, Boston, Austin, Helsinki, New Delhi, London, Riyadh, and Dubai, further amplifying Greece’s global reach.

We celebrated 50 episodes and 1M views of our “Outliers” Podcast. Our podcast series brings forward and sheds light on the personal stories of high-impact Greek founders who are pushing the boundaries of Greek entrepreneurship. The Outliers Podcast is a celebration of Greek ingenuity and also an Atlas of the next generation of Greek founders who redefine what is possible for our country.

Endeavor Greece also organized the first-ever national delegation to Slush, one of the most important tech events in the world. A mix of 100+ founders, investors, institutional players and government officials was assembled to represent all of Greece. Not only we came closer together as #OneCommunity, but we also managed to attract the attention of the Finnish Government, the Aalto University, Index, Station F and many international Endeavor Entrepreneurs who were at the event, ensuring that our delegation received unique and world-class connections as well as ideas and inspiration.

Looking ahead, I am excited for what high-impact founders will achieve as they continue to push our country even more forward and as they reposition the entrepreneurial mentality and the country’s narrative. Endeavor Greece will be by their side making sure they are supported, empowered and at the epicenter of our work.

On behalf of the Endeavor Greece Board of Directors, Ambassadors, Endeavor Entrepreneurs and our Endeavor team, we wish you a Happy and High-Impact New Year.

Costantza Sbokou Constantakopoulou

Chairwoman of Endeavor Greece