València’s Tech Ecosystem By the Numbers

Valencia’s tech ecosystem is valued at $3.9B, with 15.45% startup growth in 2024. Key strengths include AI, life sciences, gaming, and strong public-private collaboration through initiatives like Valencia Digital Summit.

Anna Chadwell
Anna Chadwell
Key Account Manager
On November 18, 2024

València Innovation Capital and Startup Genome have teamed up to spotlight València’s entrepreneurial ecosystem in the Global Startup Ecosystem Report:

  • València created $5.3 billion in Ecosystem Value from Jul 01, 2021 to Dec 31, 2023, representing 10% compound annual growth compared to Jul 01, 2019 to Dec 31, 2021 time period. Ecosystem Value is a measure of economic impact, calculated as the value of exits and startup valuations.

  • Top 35 European Ecosystem in Affordable Talent — measures the ability to hire tech talent

  • The AI & Big Data, Life Sciences, and Gaming sectors are highlighted for their density of talent, support resources, and startup activity

  • Public-private collaboration, Startup Valencia's Soft Landing Program, and a competitive education system are cited as reasons a startup should move to the ecosystem

 

"We are thinking big and we aim for Valencia to stand out as an avant-garde city, the most important innovation hub in the Mediterranean, where investors bring in capital and outstanding startups are born," says Paula Llobet, Councilor for Innovation, Tourism and Investment Attraction.

 

"We take great pride in our collaboration with València Innovation Capital to showcase the success and potential of Valencia's fast-growing startup ecosystem, now worth an impressive $5.3 billion in Ecosystem Value. We know Valencia's growing investments and inclusion in our global network of ecosystem leaders will drive further success," shares JF Gauthier, Founder & CEO of Startup Genome.

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