The Spanish startups and scaleups to watch in 2022

Spain has a rapidly growing ecosystem of entrepreneurs, angel investors, early-stage incubators and venture capital funds.

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]).

Key

Year founded

Amount raised

Last funding round

Valuation

Employees

Insurama's logo

Insurama

Fintech /

insurama.com

Madrid, Spain

2018

€5m

Series A

€25

11-50

Barkibu's logo

Barkibu

Pet Tech /

barkibu.com

Cambre, Spain

2015

€5m

Seed

€26

Emjoy's logo

Emjoy

Sexual wellness / Audio erotica

letsemjoy.com

Barcelona, Spain

2020

€4m

Seed

€0

11-50

APlanet's logo

APlanet

Bilbao, Spain

2019

€2m

Seed

€8

50-200

SolarMente's logo

SolarMente

Solar panels /

solarmente.es

Barcelona, Spain

2020

€2m

Seed

2-10

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