In recent years, Spain has seen a significant increase in the number of startups that have achieved notable success. These emerging companies are revolutionizing various sectors and generating a positive impact on the country’s economy. In this article, we introduce you to 10 examples of successful startups in Spain in 2023, leading the way in innovation and transforming their respective industries.
Colibid has introduced the first-ever mortgage auction in Spain’s history. Their platform connects people seeking mortgages with brokers and banks operating in the country.
Through a revolutionary system, Colibid ensures the best mortgage conditions objectively for their clients. Over a 3-day period, banks and brokers compete against each other, bidding and improving the mortgage conditions they offer. Users can track in real-time how their terms improve and choose the best bidder as their future provider.
EvoEnzyme is a Spanish biotech company from CSIC, specialized in enzyme design using a disruptive tool called Directed Evolution.
This technology allows for the genetic modification of selected enzymes for various applications, such as drug discovery or plastic degradation
Drawing from over 30 years of experience in designing, building, and operating some of Europe’s largest waste plants by its founders, this company applies technology to the waste treatment and recycling industry.
Their product, Fast Plant, is software that optimizes the design and operation of waste treatment and recycling plants effectively. This results in time and resource savings.
This startup works with human intelligence (People Intelligence SaaS) to detect when employees show signs of burnout, their engagement level, or if there’s any conflict. All with the aim of improving well-being and company culture.
Through innovative AI technology, this company revolutionizes the analysis of data based on real people. It allows human resource departments to go beyond intuition, making it possible to measure the impact of company decisions, actions, and policies on all employees.
Banktrack is an innovative platform that generates detailed reports on all the user’s account transactions, both incomes, and expenses. These reports can be daily, weekly, or monthly and are sent through popular channels like Email, WhatsApp, Telegram, or Slack.
It’s worth noting that the platform has an API approved by the Bank of Spain, ensuring read-only access. Additionally, full encryption of user data has been implemented to ensure maximum security.
This startup stands out in the renewable solar energy market. As you may know, photovoltaic solar energy plays a significant role in our country.
Thus, Solfy was born with the purpose of being the first Spanish marketplace promoting the self-consumption of this type of energy. The platform facilitates the entire installation process and manages the paperwork and subsidies to reduce costs, allowing any household to generate its clean energy and reduce the current electricity bill by up to 80%, contributing to planet care.
Games for a Living (G4AL)
Games for a Living (G4AL) aims to bring blockchain video games to the masses. In addition to video games, they create AAA metaverses, where the NFTs and cryptocurrencies so popular today facilitate player access.
Moreover, G4AL is developing a set of cutting-edge tools that includes a software development kit (SDK), an electronic wallet, and an NFT launch platform. With the G4AL Engine, game developers can take their creations to the next level, immersing them in the blockchain and leveraging all the opportunities of the new economy.
Another of the most successful startups is Kampaoh, which offers fully equipped tents in a selection of campsites in Spain. These tents form exclusive camping areas within the campsites with which they have established agreements for exploitation.
They handle every step of the process, from experience design (with tents designed and manufactured by themselves) to after-sales, including logistics, assembly, sales, and customer service.
Fourvenues is a tech startup that has developed management software specialized in the nightlife field. It makes the organization of events, whether concerts, clubs, or festivals, easier and more convenient.
It offers businesses the opportunity to optimize their actions, attract the maximum number of customers, offer a fully personalized service, monitor real-time business activity, and achieve unique experiences in their establishments. It has received investments from prominent partners like DraperB1, Big Ban Angels, Archipiélago Next, and Lanzadera.
The technology developed by Bankflip is the reason we can mention it in this article. It allows financial entities to extract data from public administrations in real-time and has a permission base for financial services.
Its “low-code” and “no-code” integration modes allow clients to gather the necessary documentation for their main flows in real time, securely, automatically, and under the explicit consent and control of the end user.
As you can see, these are some of the successful startups leading the Spanish business landscape in 2023. They demonstrate the entrepreneurial spirit and innovative capacity of Spain across various sectors, each with a different focus and proposing disruptive solutions.
Companies like these drive the country’s economy and generate a positive impact on their respective industries. Do you wish for your startup to be among these? At The startup CFO, we can assist you with financial-related advice for your startup. Contact our team to manage your inquiry.