The Spanish Tech Ecosystem Report 2024
The combined enterprise value of Spanish startups surpassed €100B in 2023.
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The combined enterprise value of Spanish startups surpassed €100B in 2023.
Private equity-backed European companies employed 10.9 million people in 2022, representing 5% of Europe's total workforce of 236 million.
Total reported investment by FiBAN members declined by 29% in 2023 to €26.4 million, reaching 2017 levels.
In 2023, 63 per cent of survey respondents paid by debit card for their last in-store purchase, while 9 per cent paid using a card in their mobile phone.
Private equity portfolio companies directly and indirectly employ approximately 250 000 people, representing 4.8% of total employment in Sweden.
The Swiss venture capital market recorded a 35% decrease in overall capital invested during its first downturn since the financial crisis.
Europe's tech workforce reached 3.5M employees in 2024, expanding at a 24% compounded annual growth rate since 2015.
Total fundraising in Europe reached €120bn during 2024, representing a 12% decrease from the previous year.
Private equity and venture capital backed companies accounted for 4% of Belgium's total 4.9 million workforce.
reached 483 companies by the close of 2023, reflecting a yearly growth of eleven percent, while Liechtenstein hosted 22 FinTech companies.
The average individual worldwide is estimated to be 1.5 times wealthier than in 2000, but global poverty is rising and sustainable development progress has stalled.
Venture Capital and Private Equity invested a total of €6,709M across 844 investments in Spain in 2023, returning to pre-pandemic levels.
Since 2007, a total of 25.7 billion euros has been invested in Belgian companies through venture capital and private equity.
A new record of 397 financing rounds was set for Swiss start-ups in 2023.
Global private market total assets under management reached US$ 13.1 trillion mid 2023, following 20% annual growth over the prior five years.
The visible angel investment market in Europe reached 1,220 Million Euros in 2024, reflecting a -2,8% decrease from 1,255 Million Euros in 2023.
CEE fundraising rebounded strongly in 2024, reaching €1.42 billion, representing a 66% increase from 2023.
According to data from Dealroom, the seed fund graduation rate to Series A is just 19%.
In 2024, Triodos Bank's financing across wind, solar, battery storage, and bio-based mortgages prevented the release of 875 kilotons of greenhouse gas emissions equivalents.
CVC manages approximately €186 billion of assets across a network of 29 offices in EMEA, the Americas, and Asia.
The aggregate net IRR for Spanish private equity and venture capital funds reached 11.3% for the 2006–2022 period, with a TVPI of 1.5X.
Preliminary H1 2023 fundraising figures for Europe reached €32.9bn, marking a 60% drop compared to the revised H1 2022 figure.
Pessimistic perception of the current fundraising environment was shared by 70% of VC respondents in 2023.
Over a 10-year horizon at end 2022, French private equity achieved a PERACS Rate of Return of 13.5% and a PERACS Alpha of 4.4% compared to a market return of 9.2%.
French private equity achieved a net annual IRR from inception of 12.1%.
Total funding for Pre-seed to Series B European healthtech companies grew 49% YoY from 2020 to 2021 and remained resilient in 2022 with an 8% YoY growth, reaching $4.4 billion.
Global venture capital investment in Q2 2023 reached $87.4bn, down 43% yoy compared to $153bn in Q2 2022.
The cumulative enterprise value of European startups and scaleups has grown by approximately EUR 2,5 tn since 2012.
SECA represents Switzerland's private equity, venture capital, and corporate finance sectors with more than 500 members
European venture capital firms receive an average of 851 investment proposals per year, with 6% leading to closed deals.