A few weeks ago, Scoutyn released the National Report on Tech and Innovative Companies 2025, crafted from verified information drawn from the Mercantile Registry. One of the report’s standout findings is that, for the first time, the number of technology companies in Spain has surpassed the 10,000 mark. In total, we count 10,924 technology firms, representing a 20% increase from the previous year.
This growth signals that Spain’s innovative sector has solidified, moving beyond the era of an emerging ecosystem to become a market that is increasingly robust and developed. The evolution is evident not only in the creation of new companies, but also in their impact on employment. During 2025, tech companies generated 137,042 direct jobs, up 26.9% from the year before.
Regarding revenue figures, last year tech firms reached €19.442 billion, up 31.2% year over year. These numbers show that technology is becoming a top-tier economic engine for our country, leaving behind its growth phase to enter a stage of corporate maturity. The report shows that while startups declined by 3% last year, scaleups and tech SMEs grew by 38.8% and 59%, respectively.
The AI sector is solidifying as a driver of transformation. In just one year, the number of companies devoted to this sector has tripled, recording growth above 200%. SaaS (Software as a Service) and eHealth remain strategic sectors in our country, with 1,387 and 1,000 companies respectively. However, it is crucial to have policies that foster growth and access to capital to ensure balanced and sustainable development.
Where is tech growth concentrated in Spain?
Catalonia remains the region with the most tech companies, followed closely by the Community of Madrid and, with a slightly larger gap, the Valencian Community and the Basque Country. Nevertheless, Madrid outpaces Catalonia in jobs created (44,276 vs. 41,382) and in revenue (€7,266 million vs. €5,531 million).
This concentration is also reflected in investment. Catalonia and Madrid captured close to 77% of the total capital destined for startups and innovative companies, which last year amounted to €3.12 billion distributed across 327 deals. This is undoubtedly one of the main challenges facing the Spanish tech ecosystem. Such concentration can make it difficult for high-potential projects in less favored regions to scale and generate a comparable economic impact.
Another major challenge lies in the gender gap. In 2025, only 17% of tech founders are women, a share that has shown no progress compared with the previous year. This large imbalance limits innovation prospects and reduces the social impact that could be achieved with a more equitable representation.
In conclusion, this report confirms that the Spanish tech ecosystem is not only growing but is becoming more established, generating jobs and wealth. However, to sustain this trend and prevent innovation and development from remaining confined to certain hubs, it is essential to close the gender gap and avoid investment concentration. The sector’s health should be measured not only by the growth in the number of companies or jobs created but by whether this development is inclusive and balanced.
Javier Saldaña Ramos, Managing Director of Innovation at Euro-Funding.
