Too Long; Didn't Read
Eastern European tech hubs are on the rise, and early stage investment in the region has surged from $10 million to $283 million in five years (2011 to 2016) There are almost 30,000 startups now operating in Eastern Europe. Estonia has the third highest number of startups per capita in Europe, Tallinn, the capital city of Estonia, has been named as the center of innovation in the CEE region. Prague has turned out to be a very competitive player when it comes to startups. Czech Republic is now the second largest private equity market in CEE.