{"id":1973,"date":"2015-02-04T11:00:07","date_gmt":"2015-02-04T10:00:07","guid":{"rendered":"https:\/\/startupxplore.com\/en\/blog\/?p=1973"},"modified":"2015-07-03T15:31:35","modified_gmt":"2015-07-03T13:31:35","slug":"spanish-startup-ecosystem-analysis-q4-2014","status":"publish","type":"post","link":"https:\/\/startupxplore.com\/en\/blog\/spanish-startup-ecosystem-analysis-q4-2014\/","title":{"rendered":"The Spanish startup ecosystem in Q4 2014: \u20ac77M raised (+315% YoY)"},"content":{"rendered":"

The Spanish startup ecosystem continues to mature<\/strong>, as investments and exits are increasing by the day as local startups mature and foreign investors come to Spain\u2019s shores to fund the next wave of great entrepreneurs.<\/p>\n

Following the Scytl effect, a great quarter for the Spanish ecosystem<\/h2>\n

\"spanish<\/a><\/p>\n

In the fourth quarter of 2014, Spanish startups raised \u20ac77 million from investors<\/strong>, a +315% increase compared to the same quarter a year ago. This brings the total for the year to \u20ac284 million, another significant increase compared to 2013.<\/p>\n

Quarter-on-quarter growth was negative (-25%), mostly due to Scytl\u2019s massive \u20ac80 million round closed in the third quarter<\/a>. As visible on the graph above, the number of deals was also down compared to Q3 (30 vs. 41).<\/p>\n

In total, Spanish startups raised \u20ac179 million in the second half of 2014, demonstrating significant growth compared to the same period a year ago (+153%).<\/p>\n

Although most investments in the fourth quarter were once again small and at the seed stage, it\u2019s worth noting that 10 of the 29 surpassed the \u20ac1 million mark<\/strong>.<\/p>\n

Investments worth highlighting<\/h2>\n
\"spanish<\/a>

Monthly investments in Spanish startups since 2013<\/p><\/div>\n

While in the third quarter there were notable investments (both in terms of size and relevance) in companies like Scytl, CartoDB, Socialpoint or Jobandtalent, in Q4 there were also some significant deals<\/strong> involving local startups and, in some cases, foreign investment firms.<\/p>\n