The report entitled “Venture Capital & Private Equity Activity in Spain 2016”, compiled by the Spanish Association for Capital, Growth and Investment (ASCRI) in partnership with Webcapitalriesgo, revealed some very positive data with regard to the capture of investments by Spanish companies.
Continuing the return to growth begun in 2014, the total volume of investment was 3 billion euros, shared among 657 investments. Although the total quantity is somewhat less than last year, it was distributed in more investments. Disinvestment was also up, with 4.714 billion euros in 491 transactions, without reaching 2014 figures.
Fundraising saw a rise of 3.359 billion euros, of which 1.725 billion came from international funds, 1,481 billion from private national operators and the rest from public national operators.
The investment ecosystem generated around startups continues to consolidate the new forms of investment and the actors arriving on the scene in recent years, from incubators and accelerators to crowdfunding and business angels who support them in their early stages, through to venture capital companies and corporate ventures that underwrite their international expansion.
In total figures, Spanish startups received 659.4 million euros in 2015, 83% more than in 2014, when the figure was 359.9 million. A total of 1,527 investments were made by 200 investors.
Venture capital institutions supplied 81% of that amount (in 464 transactions), while the rest were shared between public institutions, with 14% (in 763 transactions) and business angels, crowdfunding platforms and accelerators, with 5% and a total of 300 investments. 60% of the investment operations in 2015 were concentrated in Catalonia and Madrid.
Investment by international venture capital funds in Spanish startups grew by 152.6% to 388 million euros, the highest figure ever recorded. 15% of that amount –99 million euros– came from large corporations (corporate venture capital).
Venture capital investment in Spanish startups was mainly concentrated in the technology sector, which in 2015 reached an all-time high, with 509 million euros invested in 260 companies. 78% of those investments went to ICT and digital projects and the rest were shared between the industrial and life sciences sectors.
Last updated: 29|06|2016