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Briolink

Spanish Startups Soar with €2.4 Billion in Funding

Tech Innovators Redefine Multiple Industries

May 2, 2024
in Investment
Reading Time: 2 mins read
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In the dynamic landscape of Spain’s tech startup ecosystem, the year 2023 marked a milestone with a staggering €2.4 billion in capital raised across more than 345 deals. This impressive figure positions Spain within the top ten nations globally for total investment acquired in the sector.

These startups, with their robust funding rounds, are trailblazers across various fields, encompassing tech innovation and ecological stewardship.

IGNIS: This tech enterprise is at the forefront of pioneering sustainable energy and environmental solutions. Their dedication to R&D in renewable energy, storage, and eco-technologies is aimed at tackling global issues like climate change and resource scarcity. They’re on a mission to deliver scalable and efficient greener solutions. Industry: Energy. Amount raised in 2023: €335M.

Eranovum: Launched in 2019, Eranovum is steering the shift toward renewable energy, promoting self-consumption and electromobility. They run solar and wind installations, and as an operator of charging stations, they offer full solutions for electric vehicles, fostering sustainable mobility. Industry: Energy. Amount raised in 2023: €132M.

REVEL: This company is revolutionizing the car subscription industry by delivering vehicles directly to subscribers, emphasizing flexibility and sustainability by offsetting emissions. They are dedicated to making car ownership easy, affordable, and green. Industry: Transportation. Amount raised in 2023: €115M.

Cabify: As a global ride-hailing service established in 2011, Cabify provides a seamless app experience for users to secure rides with professional drivers, focusing on safety, reliability, and environmental consciousness. Industry: Software. Amount raised in 2023: $110M.

Fever: This entertainment discovery platform is your gateway to booking unique local experiences. With personalized suggestions and easy booking, Fever connects people to unforgettable events and activities. Industry: Events. Amount raised in 2023: $110M.

Jeff: Starting as a laundry service, Jeff now spans beauty, fitness, and more, offering integrated solutions to jumpstart entrepreneurial ventures and foster community growth. Industry: Software. Amount raised in 2023: €90M.

Wallapop: A premier online platform for local secondhand transactions, Wallapop makes it simple to buy and sell pre-loved items ranging from tech to apparel. Industry: E-commerce. Amount raised in 2023: €80M.

Zunder: Specializing in ‘ultra-fast’ EV charging infrastructure, Zunder is committed to creating a convenient, accessible network powered by renewable energy. Industry: Transportation. Amount raised in 2023: €62.5M.

Twinco Capital: In the fintech space, Twinco Capital provides innovative supply chain finance solutions, helping businesses manage cash flow and capital more effectively. Industry: Fintech. Amount raised in 2023: €61M.

Wallbox: Wallbox is a key player in EV charging, offering smart solutions to facilitate the transition to electric vehicles through reliable and efficient charging stations. Industry: Energy. Amount raised in 2023: €54.4M.

Tags: InvestmentSpainStartupssustainabilityTech Companies
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