Anuario SpainCap 2025 (SpainCap (ex-ASCRI))

Summary

• The private equity and venture capital industry in Spain manages €49,778 million in assets, with €32,174 million coming from international management companies.p.11
• SpainCap currently groups more than 174 national and international VC and PE firms, 100 service providers, and 26 institutional investors.p.25
• Over the last five years, €38,322 million in equity has been invested across 3,068 Spanish companies.p.21
• A total of 2,535 companies are currently managed by member firms, supporting 568,200 jobs in Spanish portfolio companies.p.21
• Divested Spanish private equity and venture capital funds achieved an 11% average return.p.21
• Small and medium-sized enterprises represent 90% of all companies backed by SpainCap members.p.21

Key insights

1. Barcelona and Madrid are recognized worldwide as key centers for entrepreneurship and innovation.p.21
2. Spain ranks 7th in Europe by total number of future unicorns according to the Spanish Tech Ecosystem 2024 study.p.21
3. Spanish exports to Singapore increased by 49.3% up to August.p.28
4. SpainCap expanded its international ecosystem by signing a MoU with the Singapore Venture & Private Capital Association, bringing its global partners to 17.p.6
5. SpainCap has increased its digital reach to over 21,000 followers across LinkedIn and Twitter.p.9
6. In 2024, SpainCap added 24 new partners, growing its total membership network to 300 members.p.6