13 Jul 2021

Spain: A Vibrant Clean & Green Tech Start-up Hub


Innovation Nation Series

60-Minute session

In the latest episode in our Innovation Nation Series,
do a deep dive into the European innovation landscape, one nation at a time. In this session, we’re
our attention to Spain, with its vibrant and growing ecosystem of entrepreneurs, angel investors,
incubators and venture capital funds.

Spain is recognised as an important player in the European innovation landscape with Barcelona and
routinely appearing in the Top Ten of European start-up hubs. In more recent times, its third-largest city,
Valencia, has also emerged as an attractive destination for start-up founders in terms of access to tech,
talent and

However, as seen across Europe last year was challenging for the innovation sector, and Spain was
exception. According to Atomico’s latest edition of its State of European Tech report, the total
into Spanish start-ups more than halved compared to 2019, falling from €1.2 billion to €525

Thankfully there is genuine optimism in the sector that it’ll rebound over the course of
this year
[2021] and next, with Spanish entrepreneurs, for example, well-positioned to capitalise on the large
emerging Latin
American market.

One area that Spain has its sights on global leadership is next-generation cleantech and green
energy tech,
where there’s a growing number of start-up launches and several unique funding opportunities on

This is not surprising as Spain is one of the world leaders in renewable energy, as
a producer and an exporter. And not forgetting its environmental legacy when in 2013 it became the first
country in
the world to have wind power as its main source of energy.

In this session, a panel of key stakeholders will discuss in detail Spain’s cleantech and
green tech
sector, sharing their insight and perspectives and exploring such areas as:

  • What are the key pillars that form the foundation of Spain’s innovation ecosystem?
  • How is its regulatory landscape empowering innovation and entrepreneurship?
  • What are the gaps that exist and how do we bridge them to accelerate greater innovation and
  • How important a role does cultural setting and mindset play in enabling entrepreneurship?

Heather Johnstone,
Director | Initiate and Enlit Europe

Oscar Cantalejo,
Investment Manager | Iberdrola Ventures – PERSEO

Maria Sansigre, Investment Director | KLIMA Energy Transition Fund,

Martin Jerch, Rising up Program Manager | ICEX Spain Trade and