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Top Unicorns in the Czech Republic

  • The Czech Republic has a strong industrial base and export-driven economy.
  • Pros of launching a startup in the Czech Republic include a skilled and cost-effective workforce, strategic location in Europe, membership to the European Union, governmental support, strong industrial sector, supportive startup community, relatively stable government and economy, and focus on research and development.
  • Cons of launching a startup in the Czech Republic include an ageing population, complex regulatory environment, conservative investment culture, limited collaboration between large corporations and startups, limited access to late-stage funding, dependence on exported energy, and a fairly small domestic market.
  • Unicorns in the Czech Republic include Product Board valued at $1.725 billion, Rohlik Group valued at $1.05 billion, and Avast valued at $8.86 billion.

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