Investments
Kreios Space, the Very Low Earth Orbit satellite company, closes a Pre-Seed round of €2.3M

Kreios Space, a pioneering company in electric propulsion technologies for satellites, announces the closure of its Pre-Seed funding round, reaching a total of 2.3 million euros in private and public capital. The private investment includes contributions from Grow Venture Partners, XesGalicia, and SpaceQuest Ventures, the family office Tasivia Global, and a successful crowdfunding campaign through […]

Investments
EIF invests €350 million in Spain-based Kembara

The European Investment Fund (EIF) commits €350 million to Kembara Fund I FCR, a €1 billion target-size pan-European fund with a strong focus on Deep Tech and climate, managed by Spain-based Alma Mundi Ventures SGEIC (Mundi Ventures). The world is facing the biggest wave of innovation in history with the convergence of frontier technologies like […]

Investments
Citibox raises €80M to fill Spain with smart mailboxes

Citibox has closed the largest bond issue by a startup in Spain. The leading technology platform in smart mailbox solutions for the delivery and return of ecommerce parcels, has just raised €80M in debt led by international funds Growth Credit Partners (London) and CoVenture (New York) to execute its expansion plans in Spain and multiply […]

Ecosystem
Plus Partners, a new VC from a unicorn founder and a top seed investor building the next generation of VC in Southern Europe 

The Southern European startup ecosystem is growing with a new Venture Capital fund, Plus Partners, launched by co-founders Enrique Linares and Oriol Juncosa, two prominent figures of the startup space — a unicorn founder and a top investor in over 75 start-ups. They have joined forces to support startups in their earliest stages. The Spanish […]

Investments
MOA Foodtech secures €3 Million in Series A funding led by ICOS Capital

MOA Foodtech, a pioneer in the integration of biotechnology and artificial intelligence, has successfully closed a €3 million Series A funding round. The round was spearheaded by ICOS Capital, a Dutch venture capital firm, with additional financial and strategic contributions from notable investors including Clave Mayor, Viscofan, SODENA and Banco Sabadell. Funds to Boost Scale-Up […]

Investments
FOSSA Systems raises €6.3M for its Industrial IoT Satellite Constellation

FOSSA Systems announced today it has raised a €6.3M Series A round to grow its IoT satellite constellation focused on remote asset management for industrial use cases. The funding was co-led by Indico Capital Partners and Nabtesco Technology Ventures, with the participation of Newmind Venture and Sabadell Venture Capital. This capital raise will help FOSSA […]

Investments
Samara raises €9M in Series A funding

Samara, the startup that supports households in their energy transition, announces today that it has raised a Series A funding round of 9 million euros. This funding will be used to further accelerate its national expansion and continue to develop its own technological platform to offer a personalized energy transition service for households, thereby strengthening […]

News
European Innovation Council Fund partners with Methinks AI in €2.5 Million Investment

The European Innovation Council (EIC) Fund and Methinks AI, a leading digital health company specializing in early detection and management of acute stroke patients using artificial intelligence (AI), has announce a significant investment from the EIC Fund along with participation from existing investors and the addition of a new investor. Methinks AI has secured €2.5 […]

News
Spanish startup Frenetic raises $12M Series A to rapidly reduce the time required to produce magnetics

Frenetic, a pioneer in custom magnetics technology, has announced a $12M Series A led by Kibo Ventures. Existing investors 42Cap, Join Capital, Bankinter, Bonsai, and Big Sur participated in the round. The funding will enable the company to embark on an ambitious new manufacturing project, open an office in Silicon Valley and expand its presence […]

News
Arkadia Space, a green orbital propulsion company, announces the closure of its 2.8M€ Seed round

Arkadia Space, a Spanish company specializing in chemical propulsion systems for satellites and spacecrafts, announces the closure of a €2.8 million Seed funding round from private and public sources. The oversubscribed round was led by Draper B1, a VC based in Valencia and part of the Draper Venture Network, founded by the renowned American investor […]

News
Jotelulu raises €4M to help IT companies easily deliver cloud services to SMEs

Jotelulu, a platform that helps transform IT companies into cloud service providers, announced today it has successfully closed €4 million in a Series A round of investment. Adara Ventures, one of the leading European deep tech funds, led the round, with participation from US-based fund G2A Investment Partners and previous investors Fundación Bankinter and Big […]

News
New technologies in sports: South Summit Madrid 2023 bets on Sportstech, with Pau Gasol, the NBA and Iker Casillas as protagonists

South Summit Madrid 2023, the leading event for the entrepreneurial and innovative ecosystem co-organised by IE University, will feature content and conversations dedicated to analysing the growing trend of Sportstech, i.e. the application of innovation and new technologies to the world of sport.  The 11th edition of South Summit, to be held between the 7th […]

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News
iPronics raises €3.7 Million to accelerate the adoption of programmable photonic chips

iPRONICS, the pioneering photonic computing company that has developed the first general-purpose photonic processor that is reconfigurable by software, today announced a €3.7M investment led by Amadeus Capital Partners, with participation from Caixa Capital Risc.  Emerging technology trends in autonomous vehicles and LIDAR, 5G signal processing, deep learning and AI, cyber security, DNA sequencing, and […]

Ecosystem
There are currently 9 unicorns in Spain and there are 20 other companies that could become unicorns in the next two years

2021 ended with a cumulative investment in tech companies in excess of €4 billion and it was partly thanks to the mega rounds that took place over the past year. The 25 largest rounds of 2021 (over €60M) achieved more than 85% of the cumulative investment in Spain and led to two new companies, Jobandtalent […]

Investments
2021 exceeds €4 billion invested in Spanish startups

The year 2021 ends with the highest investment figure ever obtained in Spanish history: €4,207 billion in a total of 400 operations. Madrid and Barcelona are consolidating their position as national entrepreneurial hubs, accounting for 85% of the country’s investment. Jobandtalent becomes a new unicorn, after raising €628M in 2021 alone. The fastest-growing sectors in Spain in terms of startups and innovation are healthcare and Fintech.

Investments
Investment in Spanish startups reaches €1,767,271 million in the first four months of 2021

The 11 largest investment rounds of 2021 accumulate a total of €1,520.50M, which represents 86% of the total investment of the year. Glovo, one of the Spanish unicorns, leads the largest round of the year with €450 million.

Investments
2020 ends with €1.101M invested in Spanish startups

Glovo and Flywire were the only investment rounds to exceed €100 million. The accumulated total for the year was 1,101,786 million Euro invested in a total of 338 public operations, the second best figure in the history of Spain.