Why Greek and Slovenian startups struggle with VC fundraising
“Because it's one thing that because we can all, I think, agree that the SaaS market in Portugal is quite well developed.”
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also difficult. Greece is difficult. Slovenia is difficult. So And these are countries much less when we talk about verticals.
Yep. Because it's one thing that because we can all, I think, agree that the SaaS market in Portugal is quite well developed. Yep. But when you're looking to deep tech Tech, it's tougher. It's a different situation. So one reason is it geographically. The second one is that it
let's say, the companies have to learn how to deal with VCs. So they have also to be selective to go to the right ones. So often it takes long because they start in a wrong way. So we also train them to do the right ones.
About this clip
A discussion of how geography and sector specialization create fundraising challenges for startups in smaller European markets. The speaker explains that while some sectors like SaaS may be well-developed in countries like Portugal, deep tech faces different regional constraints. They also highlight how founders often struggle with VC selection and approach strategy.
Why this clip
This provides concrete insight into the geographic and sectoral disparities within European startup ecosystems that VCs and founders should understand.
What they said next
55% of European startups get funding easily, but entire regions lack VC systems
37:49 - 28s · market insight
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