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Startup Genome’s Global Startup Ecosystem Report 2024 highlights Turin among the best emerging ecosystems in the world. Between 2021 and 2023, the Piedmontese capital saw its startups and related companies generate a total value of $2.9 billion (about €2.7 billion), with an average annual growth rate of 122%. These results have placed the city among the top 40 European ecosystemsboth in terms of performance and ability to attract capital.
In recent years, Turin has developed an increasingly solid technological ecosystem thanks to initiatives that have fostered collaboration between public and private entities, attracting startups from all over the world and expanding the number of companies and institutions involved. Since 2021, Startup Genome has started working from Turin to collect fundamental data to analyze and support the development of Italian startups, with a particular focus on our local context.
The success of the Turin ecosystem is the result of systematic work that aims to promote innovation and competitiveness at local and national level. Initiatives in the city aimed at supporting new talent, intercepting global trends and channeling capital towards advanced technologies have grown considerably. Venture capital activities are also of particular importance, as they are essential for financing innovative projects and facing the challenges of the global market.
Strategic collaborations with local and international partners have further strengthened Turin’s ability to attract investors, startups and institutions, consolidating its role as a hub for innovation. This path is guided by a constant commitment to inclusive and sustainable growth, with the aim of making the most of the potential of the territory and establishing the city among the leaders of innovation at a global level.
Turin has also distinguished itself for projects such as CTE NEXT, the House of Emerging Technologies, which has helped to consolidate its position as an engine of international growth and innovation. The numerous awards obtained, including the EU Mission Label and the nomination as European Capital of Innovation, confirm its strategic value. The city is also a pioneer in Italy in the adoption of an ethical board for emerging technologies, assuming a leadership role within European networks such as Eurocities and Enoll.
These achievements demonstrate how Turin has become a model of innovation and sustainable development, capable of establishing itself as a protagonist on the European and global scene.
Do you have a startup or are you trying to develop your innovative idea? You can find the best services offered, free of charge or in agreement, by the Turin innovation ecosystem on our ToTeM Doorway portal: book a free call, we will find the perfect match between the needs of your project and the services offered by our partners!
