Munich beat London and Paris to carry the lead as the IT Start-Up hub in Europe. Surprisingly, Berlin wasn’t at the top, albeit being taunted as the “next silicon valley”.
Most of Europe’s ICT activity takes place in 34 regions across 12 countries. Key ingredients to success included access to top Universities and research centres and funding opportunities such as venture capital.
Other cities ranked can be found on the EU Atlas of ICT hotspots.