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The startup scene in Austria

Graz’s startup ecosystem includes research-linked technology activity. Unicorn describes its hub as focused on aging, physics, green chemistry, biology, the circular economy, and AI-enabled data applications. TU Graz’s Spinnovation is an eight-week project that assesses the market potential of patented technologies and supports venture idea development. (Claim 84892; Claim 84893)

Country
Austria
Population
295,424
Time zone
Europe/Vienna
Fig. 1118 · Giant Ferris wheel

About

Graz’s startup ecosystem includes research-linked technology activity. Unicorn describes its hub as focused on aging, physics, green chemistry, biology, the circular economy, and AI-enabled data applications. TU Graz’s Spinnovation is an eight-week project that assesses the market potential of patented technologies and supports venture idea development. (Claim 84892; Claim 84893)

Science Park Graz describes AplusB as academic technology-startup incubation, with an application followed by fit assessment and Project Advisory Board selection. An application does not establish acceptance or current availability. (Claim 84894)

TechCrunch reported that Blackshark.ai was a Graz startup and Bongfish spin-off whose AI helped Microsoft Flight Simulator reconstruct cities and towns; in 2021 it reported the company’s $20 million Series A led by M12 and Point72 Ventures. Easelink identifies itself as headquartered in Graz, founded in 2016, and developing automated conductive EV charging; its company page reports about 60 employees and partner projects preparing for serial production. (Claims 84895, 84896, 84897)

Tech.eu reported in 2016 that Nuki was a Graz-based smart-lock startup that had raised more than €385,000 through Kickstarter and a €2 million seed round. Separately, ORF reported a recurring growth-capital gap for university startups in Graz after early-stage support. (Claims 84898, 84900)

A regional report attributed 19 startup financing rounds totaling €29 million to Styria in 2025, and distinguished Easelink’s €11.5 million EIC support from conventional venture capital; these are regional, not Graz-city, figures. On October 4, 2026, Ideentriebwerk listed Startup Spritzer #112, a pitch and networking evening at Unicorn, for October 15, 2026. The City of Graz describes Startup Spritzer as a recurring startup pitch and networking event. (Claims 84901, 84902, 84903)

Startup ecosystem standing

Where Graz ranks

Rankings that list Graz
RankingEditionPositionSince last editionTrustWhat it measures
Global Startup Ecosystem Index (cities)2025#291No prior editionBEcosystem, Activity, Finance, Business Climate
Positions come from each publisher's edition. Open a ranking for its method and trust notes, or an edition for the full list.

15 organizations with a profile

Who's based in Graz

Investors 5

eQventure logoInvestor

Empowering Austrian high-tech ventures for global success.

GL Invest GmbH logoInvestor

Hands-on investment partner for Austrian startups and SMEs.

The 3 most prominent of 5. Browse all investors

Accelerators 4

JET Growth logoAccelerator

Empowering startups and accelerators to grow.

The 3 most prominent of 4. Browse all accelerators

Incubators 3

Next-Incubator logoIncubator

Innovation hub for sustainable energy projects.

Venture studios 3

Room4 Ventures logoVenture studio

Creating high-end brands from innovative ideas.

Ventnos e.U. logoVenture studio

Decentralised crowdfinancing platform for startups and investors.

Pick what describes you

Your way in

From public sources

What the sources say about Graz

Questions about Graz

How does Graz rank as a startup ecosystem?

Its best position is #291 in StartupBlink Index (cities) (2025).

How many startup investors are based in Graz?

5 investors based in Graz have a profile here, including eQventure, Situlus Holding and GL Invest GmbH. The real number is higher.

Are there accelerators or incubators in Graz?

Yes. Graz has 4 accelerators, 3 incubators and 3 venture studios on record, including Gründungsgarage, Science Park Graz (SPG) and Room4 Ventures.

Geographic proximity

Nearby cities to Graz

All cities in Austria

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