For fast growing American, Israeli or Asian companies, going international and addressing the European Market usually means setting up operations on the ground somewhere in the region. Luxembourg should be top of your list. A long list of superb world leading tech companies and startups have made that choice before: Amazon, Apple, eBay, Paypal, Rakuten and Vodafone.
The country is a founding member of the European Union and home to many of its key institutions such as the European Investment Bank, European Court of Justice, European Court of Auditors, etc.
And Luxembourg is by far the world’s 2nd largest investment fund industry centre and a concentration of the world’s banks and insurance companies: the perfect place for Fintech, InsureTech and RegTech to prosper.
Our country’s presence in Space is far larger than its land footprint: SES was founded in Luxembourg in 1985 and is the world’s second largest private satellite operator. And Luxembourg’s pioneering SpaceResources.lu initiative, aimed at contributing to the peaceful exploration and sustainable utilization of Space Resources for the benefit of humankind is attracting leading companies from around the world: Planetary Resources, Deep Space Industries are the first examples.
The first two entrepreneurs the Digital Tech Fund backed viewed in Luxembourg the solution to address part of their target market. Nektria wanted a base for Northern Europe and iTravel, a platform for Western and Southern Europe.
What you’ll find in Luxembourg City is a concentration of Europe: