Ecosystem
New report estimates €1.5 trillion investment needed for sustainable mobility by 2050 in Europe

EIT Urban Mobility, an initiative of the European Institute of Technology and Innovation (EIT), a body of the European Union, has today unveiled its latest study, “Cost and Benefit of the Urban Mobility Transition.” This extensive research explores how European cities can navigate the complex journey towards achieving the EU Green Deal objectives for the […]

Investments
TiLT invests €15 million in Nomad Solar Energy to decarbonize the off-grid market

Nomad Solar Energy (NSE), a Spanish company specialising in manufacture and commercialisation of last generation mobile and off-grid solar generators, has secured a major investment of 15 million euros from TiLT Capital Partners, the french energy transition platform of the Siparex Group. This funding will enable NSE to strengthen its R&D efforts and accelerate its […]

Ecosystem
The Lanzadera accelerator will provide support to more than 150 startups in its biggest selection round ever

Lanzadera, the business accelerator forming part of the Marina de Empresas, led by Juan Roig (president and owner of the Mercadona supermarket chain), today begins its September acceleration programme with more than 150 startups, making it the biggest selection round in its history. The companies are innovating in sectors such as health, sports, fashion, training […]

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
Colibid Secures €400,000 Seed Round and Launches AI-Powered SaaS Technology, Extracto.io

Colibid, the innovative fintech platform transforming mortgage access, has successfully closed a €400,000 Seed Round. The round saw follow-on investments from existing investors Demium Capital and prominent business angel Andreas Mihalovits, highlighting their confidence in Colibid’s growth trajectory and vision for the future. New partner OK Ventures (the VC investment arm of OK Group) also […]

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 […]

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Highlights

Investments
Samara extends its June Series A round to €10.5 million with the participation of impact fund Mustard Seed Maze

The initial round of 9 million closed last June is now being extended with the Portuguese fund to continue driving Samara’s expansion and the development of new products.

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.