2024年西班牙科技生态系统报告

Report 2024 May 2024 1The rise of Spanish tech The combinedenterprise valueof Spanishstartups has Spain has growninto a midsize Spainʼs EV remains above itsSouthern Europeancounterparts, but behind thetop European ecosystems, as The value ofSpanish tech isone of thefastest growing Spanish ranks7th in Europe bynumber ofunicorns. VC investmentgrowth has beentrending belowEurope average, At early stage, VCinvestment hasbeen outpacingEurope averagein recent years. Spanish entrepreneurship is increasingly distributed throughout the country.Investment is growing faster in smaller regions. 1The rise of Spanish tech 2Ecosystem today 3Outlook Spanish startupsraised €2.2B in2023 (across850+ funding Late stage was quiet: only2 megarounds, DenodoTechnology and Fever. “The evolution of the Spanishtech ecosystem in the past 10 Last year, as in many other geographies, overall investment volume wasdown, but one positive sign is that early stage activity (pre-seed to Series A)remains very healthy. Weʼre very confident that several companies being In Q1 2024,Spanish VCinvestmentis tracking above2019 and 2020. Median early-stageround sizes haveremained largely Late-stage roundssizes have comedown significantly Top Spanish cities by VC investment raised. SaaS overtookMarketplaces in2023, as part of abroader trend. Share ofManufacturingVC investment is “Data shows a strong support for theSaaS model in the Spanish tech sector,evidenced by a 50% market This trend confirms the interest of both national and international funds inSpanish software startups, aligning with our investment thesis. As businessescontinue to prioritize digital transformation, SaaS companies become Inés CalabuigManaging Partner @ GoHubVentures Top fundedfrontier tech andenablingtechnology Spanish Climate tech startups View more » €1.6B wasinvested in intofemale-foundedSpanish startupsbetween 2019 12% of VCinvestment since2019 was madeintofemale-founded Some investors active in Spain in 2023. “The future of a country must be built byinnovation. Spain is aware of this andnowadays, we use all kind of tools that allow us So, we demonstrate that public and private funding does not only work, butalso generates a boosting economy and a better society. The direction being Borja CabezónCEO @ ENISA - EmpresaNacional de Innovación 1The rise of Spanish tech2Ecosystem today 3Outlook Graduation rate of Spanish startups: below European average at Series A, similar Success breeds success:Spanish unicorns haveproduced dozens of “A unicorn that doesn'tbreed even moreunicorns is just an Linda RottenbergCofounder & CEO @ Endeavor Spain ranks 7thby universityspinouts valuecreated. Source :Dealroom.coData as of 27 Nov 2023 University value creation is ranked by multiplying the number of startups atevery stage of maturity for a score 2 for a VC-backed startup to100 for a unicorn. Spinouts policies vary from country tocountry. Countries like France and Sweden are hard tocompare due to the professor privilege model, whereuniversities have no stake in any research innovation comingout of the activities carried out there. The definition ofspinouts and their comparison with other countries like UK,Germany and Switzerland is therefore challenging. Some Spanish investors aremost active at earlystage. Breakout stage switchedfrom US to non-SpanishEuropean investors. Late stage increasinglyfunded by the US. Foreign investors still contribute to most VC investment raised, though the participation ofcross-border investors (Spanish and foreign investors investing in the same round) is rising. “Thanks to the investment of VentureCapital GPs, national and international,the quality of Spanish projects andtalent of founders along withcontinuous public-private collaboration, Number ofunique investorshas increased Number ofCorporatesinvestors Share of Corporate participation is at an all time high. “We have learned from 15 yearsof investing experience that theconnection between startups and Wayra's commitment, as Telefónica's CVC, is clear: to continue promotinginnovation and facilitating the growth of these companies.” Irene GomezCEO @ Wayra Debt financing isplaying a moreprominent rolealongside » view more "Banks must play a key role inunlocking the growth potential Since the launch of BBVA Spark in 2022, we have worked with more than1,000 companies in 4 countries and granted loans worth more than 300 Roberto AlbaladejoHead of BBVA Spark Open-access data platform forthe Spanish tech ecosystem. Accessible to Plataforma ONE registeredusers to provide data transparency, learnabout the ecosystem, KPI measurementand promote startups. Plataforma Meeting point for Spanishentrepreneurs, startups andecosystem players. Register to access » Methodology. What is a startup? Underlying Data Regional Breakdown Dealroomʼs proprietary database and softwareaggregate data from multiple sources: harvestingpublic information, user-submitted data ver