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As location becomes irrelevant, Greek VCs eye local talent and spread their wings There is an amazing opportunity in the diaspora
According to a recent report on Greece’s startup ecosystem by management consultants Found.ation, venture capital and venture debt have continued to grow in the country, although its angel scene remains low-key.
Oddly enough, 2020 was a banner year, with the sale of InstaShop to Delivery Hero valuing the company at $360 million, making it the largest exit for a Greek-founded startup with operations in Greece.
The pandemic has meant Greek investors and startups realize that if they can work from anywhere and hire from anywhere, then Greece is not such a bad place to be. And the Greek VC market benefits as the diaspora returns from the mega cities of the West. The nation’s startup ecosystem is also attracting more outside investors, who see low capital costs, an educated workforce and the move to remote working/hiring.
Papadimoulis’ commitment to create a wider political front for patents in the EU Snapshot from the discussion “Vaccines without patents for all”
20 January 2021. At the initiative of the office of the former Minister of Health, Andreas Xanthos, a very interesting discussion was organized on the subject of vaccines, of patents, the EU’s position and that of the member states, the overall supplies of vaccines, and bilateral additional agreements. On the panel, apart from him, were the MEP Dimitris Papadimoulis, Professor George Papanikolaou, the policy manager of the European Public Health Alliance, Giannis Natsis, and Apostolos Veizis from Doctors without Borders. Some important interventions were made by Katerina Antoniou, former President of the EOF