Includes SEE-born (relocated) and SEE-based startups.
The study includes the following countries: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Greece, Montenegro, Kosovo, North Macedonia, Romania, Serbia, Slovenia.
Startups in Southeast Europe (SEE) had a combined enterprise value of **** billion euros in the first half of 2022. Over the observed period, the highest annual enterprise value of startups in the region was recorded in 2021 at over ** billion euros.
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Bulgarian Private Equity and Venture Capital Association. (November 8, 2022). Total enterprise value of startups in Southeast Europe (SEE) from 2017 to 1st half 2022 (in billion euros) [Graph]. In Statista. Retrieved May 07, 2026, from https://www.statista.com/statistics/1404408/see-startup-enterprise-value/
Bulgarian Private Equity and Venture Capital Association. "Total enterprise value of startups in Southeast Europe (SEE) from 2017 to 1st half 2022 (in billion euros)." Chart. November 8, 2022. Statista. Accessed May 07, 2026. https://www.statista.com/statistics/1404408/see-startup-enterprise-value/
Bulgarian Private Equity and Venture Capital Association. (2022). Total enterprise value of startups in Southeast Europe (SEE) from 2017 to 1st half 2022 (in billion euros). Statista. Statista Inc.. Accessed: May 07, 2026. https://www.statista.com/statistics/1404408/see-startup-enterprise-value/
Bulgarian Private Equity and Venture Capital Association. "Total Enterprise Value of Startups in Southeast Europe (See) from 2017 to 1st Half 2022 (in Billion Euros)." Statista, Statista Inc., 8 Nov 2022, https://www.statista.com/statistics/1404408/see-startup-enterprise-value/
Bulgarian Private Equity and Venture Capital Association, Total enterprise value of startups in Southeast Europe (SEE) from 2017 to 1st half 2022 (in billion euros) Statista, https://www.statista.com/statistics/1404408/see-startup-enterprise-value/ (last visited May 07, 2026)
Total enterprise value of startups in Southeast Europe (SEE) from 2017 to 1st half 2022 (in billion euros) [Graph], Bulgarian Private Equity and Venture Capital Association, November 8, 2022. [Online]. Available: https://www.statista.com/statistics/1404408/see-startup-enterprise-value/
