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Analysis

June 20, 2025

Why Spanish tech is sizzling: ‘The mentality has completely shifted in the last six months’

Founders and investors tell Sifted what’s behind dealmaking surge


There’s no tech pain in Spain: both the number and size of deals have ballooned in 2025, with startups landing chunky offers from big name VCs and founders giddily trading gossip on (still unannounced) future rounds.

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‘Qkice nu ur gyd ytox dzo wfgzt’
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Éanna Kelly

Éanna Kelly is a contributing editor at Sifted, and writes Startup Life , a weekly newsletter on what it takes to build a startup. Follow him on X and LinkedIn

Jonathan Sinclair

Jonathan Sinclair is head of research at Sifted. Find him on LinkedIn

Hessa Alabbas

Hessa Alabbas is a data analyst at Sifted, based in London. You can find her on LinkedIn.

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