SpainecosystemREPORT2023April2023Page/2Source:Dealroom.co.ThecombinedvalueoftheSpanishstartupecosystemhasreached€93B.Thegrowthinthenationʼsecosystemvaluehasbeendrivenbytheemergenceoffournewhomegrownunicorns:Factorial,Fever,DomestikaandTravelPerk.SpainexperienceditssecondbestyearonrecordforVCinvestment,with€4Braisedin2022.LatinAmericancountriesrepresent3ofthetop10recipientsofSpanishVCinvestment.TheSpanishtechecosystemisnowworth€93B,up3.6xsince2018.Spainranks6thinEuropeand16thgloballyfortotalinvestmentraisedin2022.SpainshowedstrongerresiliencethanitsEuropeancounterparts,withVCInvestmentdroppingonly15%since2021.Earlystageinvestmentreachedarecordhighof€1...
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