About Artificial Intelligence sector in Spain
The Artificial Intelligence sector in Spain comprises 279 companies, including 76 funded companies having collectively raised $204M in venture capital money and private equity. Out of these, 17 are Series A+ funded.
Artificial Intelligence sector in Spain has seen 11 acquisitions and 1 IPO.
This sector includes companies whose core products or offerings are (a) built around AI, making it essential for their operation, and (b) incorporate proprietary AI or machine learning technology.
Companies included in Artificial Intelligence
Includes companies that develop core AI infrastructure, platforms for deploying and managing AI systems, and AI development tools. It also encompasses companies creating core AI-powered applications for consumers, enterprises, and a wide range of industry sectors. Companies are included only if AI is central to their products or services, rather than serving as a secondary featureCompanies excluded in Artificial Intelligence
Exclude those companies whose primary business domain or revenue generation is not fundamentally dependent on AI. It also excludes businesses where AI functions merely as one of several features or components within a broader product or service. Additionally, companies that primarily provide AI services, consulting, or AI-enabled solutions built upon third-party or non-proprietary technologies, rather than developing native AI systems in-house, are not considered AI-native.Top Artificial Intelligence Companies in Spain
There are more than 279 companies in Artificial Intelligence in Spain. Mediktor is the top Artificial Intelligence company in Spain, ranked using Tracxn Score (what's this?).
Here are 5 of the top Artificial Intelligence companies in Spain:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
AI-based medical assistant for triage and pre-diagnosis that guides patients | Barcelona (Spain) | 2011 | Series B | $16.5M | |
Provider of AI-powered data anonymization and pseudonymization software platform | Bilbao (Spain) | 2019 | Acquired | $6.35M | |
Provider of facial recognition based biometric verification solution | Alicante (Spain) | 2010 | Public | - | |
Developer of real-time voice modification software and interactive audio tools | Valencia (Spain) | 2010 | Series B | $22.6M | |
Provider of a RAG-as-a-Service platform, offering AI search and answers | Barcelona (Spain) | 2019 | Acquired | $5.4M |
Companies founded year-on-year in the Artificial Intelligence sector in Spain
33 Artificial Intelligence startups in Spain were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | 20 |
2024 | 25 |
2023 | 31 |
2022 | 15 |
2021 | 33 |
2020 | 26 |
2019 | 19 |
2018 | 22 |
2017 | 17 |
2016 | 8 |
Stage-wise distribution of Artificial Intelligence sector companies in Spain
Out of the total 279 Artificial Intelligence companies in Spain, 76 have secured funding. Among them, 17 have reached Series A or higher, and 14 to Series B or beyond.
Founded - 279
Funded - 76
Series A+ - 17
Series B+ - 14
Series C+ - 12
Company Stage | No. of companies |
|---|---|
Founded | 279 |
Funded | 76 |
Series A+ | 17 |
Series B+ | 14 |
Series C+ | 12 |
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Funding Trends in the Artificial Intelligence sector in Spain
Total funding year-on-year in the Artificial Intelligence sector in Spain
The Artificial Intelligence sector in Spain saw a total funding of more than $189M in the last 10 years. The most amount of funding was in 2020 at more than $55.2M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $11.2M |
2024 | $15.4M |
2023 | $18.6M |
2022 | $31.3M |
2021 | $19.8M |
2020 | $55.2M |
2019 | $11.7M |
2018 | $14.3M |
2017 | $6.4M |
Recent Funding Rounds in Artificial Intelligence in Spain
In the year 2025, till November 2025, Artificial Intelligence companies in Spain have raised $10.9M in equity funding across 7 rounds.
In the same period last year (i.e. till October 2024), Artificial Intelligence companies in Spain had raised $9.17M across 9 rounds.
So, 2025 has seen a 18.53% rise in funding in Artificial Intelligence companies in Spain as compared to 2024.
Here are some recent, important funding rounds in Artificial Intelligence companies in Spain:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 4464 | Nov 28, 2025 | and 4 more | |
Seed | 4483 | Oct 01, 2025 | - | |
Series A | 2515 | Sep 19, 2025 | and 4 more | |
Seed | 7646 | Jul 14, 2025 | ||
Seed | 9001 | Jul 02, 2025 |
Top Investors in Artificial Intelligence in Spain
Plug and Play Tech Center is the top investor in Artificial Intelligence companies in Spain based on number of companies invested.
Here are some top investors in Artificial Intelligence companies in Spain:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | ||
Paris (France) | ||
Stockholm (Sweden) | - | |
Barcelona (Spain) | ||
Zurich (Switzerland) |
M&A activity in Artificial Intelligence sector in Spain
In the year 2025, till August 2025, 3 acquisitions happened in Artificial Intelligence sector in Spain. Last year, in 2024, a total of 2 acquisitions happened in Artificial Intelligence sector in Spain.
Here are some recent, important acquisitions in Artificial Intelligence sector in Spain:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Aug 08, 2025 | ||
Business Acquisition | Jul 01, 2025 | ||
Business Acquisition | Jun 18, 2025 | ||
Business Acquisition | Jul 25, 2024 | ||
Business Acquisition | May 07, 2024 |
Acquisition trends in Artificial Intelligence sector in Spain
Here are the acquisition trends in Artificial Intelligence sector in Spain:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 3 |
2024 | 2 |
2023 | 1 |
2022 | 2 |
2021 | 1 |
2020 | 1 |
2019 | - |
2018 | - |
2017 | - |
IPOs in Artificial Intelligence in Spain
In the year 2021, till March 2021, 1 IPO happened in Artificial Intelligence sector in Spain.
Here are some recent, important IPOs in Artificial Intelligence sector in Spain:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Mar 05, 2021 | Frankfurt Stock Exchange (FRA) | |
Feb 25, 2020 | Euronext Exchange (Euronext) | |
Jul 04, 2014 | Madrid Stock Exchange (BME) |
Colleges which produce the most Artificial Intelligence companies in Spain
Companies founded by alumni from top colleges in the Artificial Intelligence in Spain
Most number of Artificial Intelligence startups in Spain have been founded by alumni from Columbia Business School, INSEAD and London Business School (LBS).
College | No. of companies |
|---|---|
Columbia Business School | 1 |
INSEAD | 1 |
London Business School (LBS) | 1 |
Nanyang Technological University (NTU) | 1 |
Princeton University | 1 |
University of California (Los Angeles) | 1 |
University of Manchester | 1 |
Total funding in Artificial Intelligence companies founded by alumni from top colleges in Spain
In the last 10 years, Columbia Business School graduates' Artificial Intelligence companies in Spain have raised the most funding among top colleges. Nanyang Technological University (NTU) alumni are second, and University of Manchester alumni are third.
College | Total Funding |
|---|---|
Columbia Business School | $2.72M |
Nanyang Technological University (NTU) | $173K |
University of Manchester | $112K |
INSEAD | - |
London Business School (LBS) | - |
Princeton University | - |
University of California (Los Angeles) | - |
Top News in Artificial Intelligence in Spain
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Hubtype partners with Aries Global to boost conversational customer engagementEl Referente•Jun 24, 2025•Hubtype, ArisGlobal
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Smartvel Launches Explore&Go, an Interactive Destination Content Solution for AirlinesTravolution•Apr 04, 2025•Smartvel
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Revolutionizing Console Gaming with Voicemod’s New Voice-Changing DongleGlobal Village Space•Dec 12, 2024•Voicemod
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In the last two months, Innvierte allocates 8.6 million euros to five new venture capital co-investmentsCapital-Riesgo.es•May 06, 2024•CDTI, ADPCosmetics, Codee, Basquevolt and 2 others
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Aware and Facephi build partner channels to provide clarity on biometricsBiometricUpdate.com•Oct 03, 2023•Aware Biometrics, FacePhi
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Facephi collaborates with Qashio to enter the Middle East marketFintech Finance•Jun 05, 2023•FacePhi, Qashio
