The Spanish startups and scaleups to watch in 2022

Home to the likes of Cabify, Glovo, and Paack, Spain is not only the leader of southern Europe’s tech scene, but also a competitive player across the continent.

The value of the Spanish ecosystem — measured as the total valuation of its startups — has grown nearly 40% on average each year over the last five years. The country closed the doors to 2021 with a blazing $500m Series E for staffing marketplace Jobandtalent, and walked into 2022 with another €101m Series E for Barcelona-based TravelPerk, adding up to its growing unicorn tally.

High hopes are set upon the fleet of exciting startups leading the way in the country. Sifted ranked the most promising amongst them — including big hits, household names and fast-growing wonders.

If there is anyone missing from this list, or anything is wrong, please let us know by email at [email protected]

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Barcelona, Spain

2013

Late VC

€173.6m

€310m

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Barcelona, Spain

2012

Series C

€122.7m

€169.9m

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Madrid, Spain

2017

Late VC

€78.2m

€149.8m

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Barcelona, Spain

2007

Growth Equity VC

€100m

€123.5m

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Madrid, Spain

2018

Early VC

€100m

€100m

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Madrid, Spain

2008

Growth Equity VC

€100m

€100m

Logo

Madrid, Spain

2014

Series B

€26.4m

€90.6m

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Madrid, Spain

2012

Series C

€55.5m

€81.4m

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Madrid, Spain

2018

Series A

€59.1m

€72.1m

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Mataró, Spain

2011

Grant

€25m

€71.9m

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Barcelona, Spain

2016

Series C

€45m

€69.7m

Logo

Madrid, Spain

2017

Series C

€56m

€67.8m

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Barcelona, Spain

2011

Debt

€15m

€58.4m

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Madrid, Spain

2016

Series C

€36.4m

€56m

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Elx, Spain

2011

Series B

€25.4m

€52.6m

Logo

Madrid, Spain

2016

Late VC

€17m

€52.5m

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Barcelona, Spain

2012

Series A

€50m

€51.7m

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Bilbao, Spain

2016

Series C

€27.3m

€51.3m

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Barcelona, Spain

2019

Series A

€45.5m

€50.5m

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Madrid, Spain

2014

Series B

€40m

€50.1m

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Barcelona, Spain

2019

Series A

€40m

€50m

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Doñinos de Salamanca, Spain

2014

Series A

€50m

€50m

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Barcelona, Spain

2013

Series C

€25.2m

€48.2m

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Madrid, Spain

2018

Series A

€47m

€48m

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LHospitalet de Llobregat, Spain

2015

Series B

€30.9m

€47.1m

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Barcelona, Spain

2014

Late VC

€26.1m

€44.4m

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Barcelona, Spain

2018

Early VC

€40m

€42m

Logo

Madrid, Spain

2019

Series A

€37m

€40m

Logo

Madrid, Spain

2019

Early VC

€20m

€40m

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Barcelona, Spain

2020

Series A

€38.6m

€38.6m

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Leioa, Spain

2014

Late VC

€16.5m

€35.9m

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Valencia, Spain

2015

Late VC

€18m

€35.2m

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Sant Cugat del Vallès, Spain

2015

Debt

€10m

€35.2m

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Barcelona, Spain

2006

Angel

€20m

€35m

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Barcelona, Spain

2017

Series A

€27m

€34.1m

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Barcelona, Spain

2019

Series A

€30m

€31.5m

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Madrid, Spain

2016

Series A

€4.3m

€31.1m

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Derio, Spain

2013

Series B

€30.9m

€31m

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Barcelona, Spain

2020

Series A

€15.9m

€30m

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Valencia, Spain

2018

Early VC

€25m

€25.6m

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Córdoba, Spain

2014

Series B

€18.2m

€23.8m

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Barcelona, Spain

2016

Late VC

€10m

€22.7m

Logo

Barcelona, Spain

2017

Early VC

€4.5m

€20.5m

Logo

Barcelona, Spain

2019

Series A

€14.3m

€16.4m

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Madrid, Spain

2018

Series A

€14m

€16.3m

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Granollers, Spain

2018

-

€5.8m

€15.8m

Logo

Madrid, Spain

2018

Early VC

€8m

€15.5m

Logo

Madrid, Spain

2017

Early VC

€15m

€15m

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Valencia, Spain

2016

Series A

€7m

€14.2m

Logo

Madrid, Spain

2020

Debt

€184m

€13.8m

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San Sebastián, Spain

2019

Seed

€10m

€11.5m

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Barcelona, Spain

2020

Series A

€8.3m

€11.3m

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Madrid, Spain

2015

Series B

€5.5m

€11.2m

Logo

Madrid, Spain

2019

Series A

€8.7m

€11.2m

Logo

Madrid, Spain

2018

Series A

€10m

€10.9m

Logo

Madrid, Spain

2014

Late VC

€7.3m

€10.8m

Logo

Madrid, Spain

2020

Early VC

€10m

€10.2m

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Barcelona, Spain

2021

Series A

€10m

€10m

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Hospitalet de Llobregat, Spain

2014

Series A

€8m

€10m

Logo

Barcelona, Spain

2019

Seed

€9.1m

€9.4m

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Barcelona, Spain

2012

Seed

€3.4m

€9.4m

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Madrid, Spain

2019

Early VC

€6.2m

€9.2m

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Coruña, Spain

2015

Seed

€4.8m

€9.1m

Logo

Barcelona, Spain

2016

Series B

€7m

€9m

Logo

Madrid, Spain

2018

Series A

€9m

€9m

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Barcelona, Spain

2017

Early VC

€2.3m

€8.8m

Logo

Madrid, Spain

2019

Early VC

€5.5m

€8.8m

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Valencia, Spain

2017

Series A

€6.5m

€8.4m

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Esparreguera, Spain

2020

Seed

€8.2m

€8.2m

Logo

Madrid, Spain

2017

Series A

€6m

€8m

Logo

Madrid, Spain

2020

Early VC

€8m

€8m

Logo

Barcelona, Spain

2020

Seed

€5.7m

€7.7m

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Villanueva del Pardillo, Spain

2017

Series A

€7.3m

€7.6m

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Valencia, Spain

2017

Seed

€7m

€7m

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Barcelona, Spain

2020

Early VC

€5m

€6.4m

Logo

Madrid, Spain

2019

Seed

€5.7m

€6.3m

Logo

Barcelona, Spain

2018

Seed

€5.8m

€6m

Logo

Madrid, Spain

2019

Seed

€5.5m

€5.5m

Logo

Barcelona, Spain

2020

Seed

€2.7m

€5.5m

Logo

Madrid, Spain

2018

Series A

€5m

€5m

Logo

Barcelona, Spain

2020

Seed

€2.5m

€3.5m

Logo

Madrid, Spain

2018

Grant

€2m

€2.5m

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Bilbao, Spain

2019

Seed

€168k

€2m

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Barcelona, Spain

2020

Seed

€1.8m

€1.8m