Prague Report 2025

In partnership with the Prague Innovation Institute, this report puts a spotlight on the capital of Czechia.

Key findings

• Prague's tech ecosystem is worth €19.2B, the third largest in CEE behind Kyiv at €25.7B and Tallinn at €23.1B, after growing 8x since 2019.
• Prague startups have raised €2.5B in VC since 2019, the second highest total among CEE hubs, behind Tallinn's €4.2B.
• Prague companies raised €90M in H1 2025, 31% of the H1 2024 figure, and are on track for €165M over the full year against €341M in 2024.
• Prague's 50-plus AI-first startups are 4% of the city's companies but hold 23% of its enterprise value and 32% of all VC raised since 2019.
• Prague is the only CEE hub whose investors have raised more than €1B in new funds since 2019, at €1.3B, a quarter of all new CEE funds.