Spain’s startup ecosystem is diverse, with startups emerging across industries from healthcare to AI and renewable energy. Barcelona, Madrid, Valencia, and Málaga are recognised as the country’s key startup hubs, driven by exceptional talent, strong government support and initiatives, and competitive wage costs.
Why Is Spain a Popular Startup Destination?
Spain’s popularity as a startup hub stems from a variety of factors. Firstly, there is strong international interest in Spain’s startup ecosystem, which is beneficial for attracting investment. The government is also highly supportive of startups, offering access to public investments and incentives—such as the 2022 Startup Law, which provides tax breaks and labour-related benefits.
Spain also boasts over 300 incubators and accelerators dedicated to supporting early-stage ventures.
One standout initiative is the Next Tech Fund, the second-largest in Europe, created to boost digitalisation and innovation. It is specifically aimed at supporting high-growth technology startups.
Spain offers excellent opportunities for startups in key sectors such as healthcare, renewable energy, agriculture, and education. Technological advancements in these areas help the country respond to global demand and remain competitive.
The country’s strategic location also makes it an ideal place to launch a business, offering easy access to both the rest of Europe and markets in Africa and Latin America. In addition, Spain is home to several world-class universities that contribute to a highly skilled and talented workforce.
Beyond business, Spain is simply a beautiful place to live. With historical landmarks, natural beauty, and affordable living costs, it’s a country that blends lifestyle and opportunity—making it an attractive base for entrepreneurs and digital nomads alike.
10 Recent Startups In Spain
Here are ten new startups currently making waves across Spain’s vibrant startup landscape:
1. GoodNews
GoodNews Coffee was established in 2020 in Barcelona. GoodNews Coffee began as a single kiosk on Avinguda Diagonal and has since grown to at least 28 locations, including a recent expansion into Amsterdam.
The concept started by offering free coffee in exchange for a snippet of good news. Today, it’s more than just a coffee brand—GoodNews promotes health, community, and positivity. It’s also a certified B Corp, advocating for responsible consumption and the zero-waste movement.
2. Divilo
Divilo is a B2B Fintech startup that was established in 2020 in Madrid. Divilo is a B2B fintech platform offering financial services for businesses and individual traders. It is regulated by the Bank of Spain and is part of the Visa network.
Their platform provides mobile payment solutions, including QR charging, payment links, and e-commerce integrations—making transactions simpler and faster. Divilo raised €6 million in a successful Series A funding round.
3. Ukio
Ukio is a premium apartment rental platform that was established in 2020 in Barcelona. Ukio is a premium apartment rental platform designed for people seeking flexibility—whether for personal or professional reasons. It offers fully furnished apartments for short-term rental periods.
Ukio raised €27 million in Series A funding and currently operates in five cities, offering over 1,000 rental options. Its growth reflects increasing demand for remote work and lifestyle mobility.
4. 011h
011h is a construction startup that was founded in 2020 in Spain. 011h is a construction startup focused on building intelligent, high-quality, sustainable structures. Their approach leverages innovations in design, technology, industrialisation, and sustainability to deliver buildings that are faster, more affordable, and more environmentally friendly.
The company secured over €25 million in Series A funding to further scale its impact.
5. Vitaance
Vitaance is an insurtech startup that was established in 2021 in Spain. Vitaance is an insurtech company offering a modern approach to life insurance. It rewards users for leading healthier lives—physically, mentally, and socially—through an engaging digital platform.
The startup raised €3 million from five leading venture capital firms. These funds will help them establish a dedicated research and innovation lab.
6. Samara
Samara is a renewable energy startup that was established in 2022 in Spain. Samara is a renewable energy company aiming to help households transition to smart, efficient, and sustainable energy systems. Their platform offers solar panels, battery storage, and EV chargers with end-to-end services—from consultation to installation.
Despite fierce competition, few offer the comprehensive service Samara does. The startup has raised €15.5 million in total, including €9 million in its Series A round.
7. Luzia
Luzia that is a WhatsApp-based intelligent personal assistant was established in 2023 in Madrid. Luzia is an AI-powered personal assistant that operates through WhatsApp. It helps users with scheduling, translation, productivity tasks, and more, using multilingual AI capabilities.
Luzia has raised €12.2 million to date, including €9.5 million in its most recent funding round. It already boasts over 17 million users, showcasing rapid growth and mass appeal.
8. Clidrive
Clidrive is an automotive startup that was founded in 2023 in Madrid. Clidrive is an automotive fintech company offering a car financing platform that allows users to access loans using their vehicle as collateral—without surrendering ownership.
This offers a flexible financial solution for those needing quick access to cash, especially during emergencies. The platform connects car owners directly with banks, streamlining the process.
9. Acoru
Acoru is a fraud detection startup that was established in 2023 in Spain. Acoru is a fraud detection startup tackling both authorised and unauthorised fraud. Their platform performs continuous account analysis using pre-fraud signals to stop suspicious transactions before they occur.
It supports structured and unstructured data, allowing fintechs and banks to detect mule accounts, fight money laundering, and adapt to evolving threats with real-time solutions. Acoru raised €4 million in its seed funding round.
10. Woza Labs
Woza Labs is an startup that was founded in 2021 in Bilbao in Spain. Woza Labs builds forecasting and decision-making tools powered by AI and complex data analysis. Their SaaS platforms support innovation and digital transformation—particularly in climate and sustainability fields.
By offering ready-to-use, expert-driven platforms, Woza helps businesses avoid common digital pitfalls while improving their sustainability and profitability.
