Ecosystem
The entrepreneurial ecosystem in Spain generates almost 100,000 jobs per year and a wealth of 11.541 billion euros

Ecosistema Startup, the largest database in Spain for startups and investors created by El Referente, has published the 2024 report on the ecosystem of technology and innovative companies in Spain. The aforementioned reveals that the country has more than 7,000 active technology companies, of which 3,640 are startups and 1,185 are scaleups. The annual economic […]

Investments
Danelfin, the AI-Powered stock analytics platform, raises €2M

Danelfin, an award-winning company developing artificial intelligence technology to improve stock selection and portfolio management for retail investors, has raised 2M € in a funding round led by pan-European venture capital firm Nauta Capital, with participation from existing investors. Danelfin provides an AI-powered stock analytics platform that revolutionises decision-making for retail investors worldwide. The platform […]

Investments
Mitiga announces a new investment from Elaia

Climate tech company Mitiga announces a new investment from Elaia with participation of existing investors Kibo Ventures, CREAS Impacto and Faber alongside other strategic partners. This new investment completes Mitiga’s May 2023 Series A, with a view of accelerating the company’s European expansion as new regulation mandates the disclosure of climate risk for companies across […]

Investments
ifeel raises $20M to save millions in mental health-related disability, productivity and claims for insurance companies and corporates around the world

Ifeel, the leading European mental health solution for the enterprise and insurance world, has raised a $20M Series B investment co-led by FinTLV Ventures and Korelya Capital, and with the participation of its’ existing investors SCOR Ventures, Nauta and UNIQA Ventures.   ifeel has filled a much-needed gap in the market as corporates and  insurance companies struggle to face the costs associated with mental health […]

Investments
Internxt receives 1.4 million euros from the Spanish government to develop post-quantum encryption algorithms and new services

The innovative Valencian startup Internxt continues unstoppable. A few weeks ago, the company announced the closure of its best year to date, exceeding €3 million in turnover, a round for a valuation close to €40 million, partnerships with companies of the size of PcComponentes or Revolut, and an exponential growth in the number of paying […]

Startups
YNSAT Awarded ESA Contract for Satellite Imagery Processing and Visualization Platform

YNSAT, a leader in Software as a Service (SaaS) solutions specializing in satellite imagery access, is thrilled to announce its recent contract win with the European Space Agency (ESA). Starting in April 2024, YNSAT will provide ESA with a subscription-based platform dedicated to satellite imagery processing and visualization, aligning with the cutting-edge capabilities of Remote […]

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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Highlights

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.