Prague is central Europe’s unicorn capital — and a serious hardware exporter

How Prague’s tech scene grew

Software, hardware and manufacturing, all represented — not one narrow specialism.

The scale

Dealroom values Prague’s tech ecosystem at $13.9 billion in combined enterprise value, with 5 unicorns and $185.5 million in VC invested — the clear centre of gravity for Czech technology. Individual outcomes back that up: Prague-founded Productboard raised a $125 million Series D in February 2022 at a $1.7 billion valuation, and Prusa Research, a major 3D-printing manufacturer, is headquartered in the city and sells hardware internationally rather than just software.

How Prague businesses buy digital work

An undisputed capital-city concentration of Czech capital, talent and company headquarters, with software, hardware and manufacturing all represented. Prague is also, straightforwardly, one of central Europe’s major tourist and hospitality economies, running alongside and largely separate from its tech sector. The tech layer is internationally funded, English-comfortable and moves at a pace closer to Berlin or Amsterdam than to smaller Czech cities. The tourism and hospitality economy is a different, faster-turnover market entirely, heavily geared toward online booking and reviews.

The full piece

Prague: central Europe’s unicorn capital, and a serious 3D-printing manufacturer

How well do you know Prague’s digital economy?

Why FastSites works here

Decide which Prague you’re building for — the tech sector wants a credible international presence, hospitality wants fast, reliable booking. Either way, a clear published price beats a drawn-out project.

Built mobile-first. If you’re in hospitality or retail, booking and review management matter more than anything else — this is a market with no real off-season.