Israel Innovation Seminar pt.2
summary
Greek VC ecosystem rebuilds from scratch with a 100 million group split across three sector funds (ICT small fund €15M, tickets up to €750k), reports 30+ early-stage investments and a recent Bulgarian exit at 1.5x in 11 months, and estimates national VC at about $1B. Finnish foundation screens 5,000 inventions a year, funnels ~1,000 onward, ~300 to the core team and ~150 that become usable innovations funded typically €20–40k. Israeli startups now reach break‑even on $300–400k thanks to open source, cloud (costs down ~99%) and direct consumer go‑to‑market; exits in Israel hit $6.5B last year.
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