Technology in Spain, severe patient


Thursday, November 21, 2019, 07:43

He Spanish technological sector It is the black sheep of the European family this 2019. The old continent is not marked from the situation of the world technology market and reaches the closure of the year to take breast and financial muscles for companies in the sector.

The eternal commercial war between the United States and China makes a dent in the economy of both countries and ‘a scrambled egg, fisherman’s profit’. The European technological environment continues its expansion with record financing.

The face of the community currency, but the cross is for Spain, because it is the Only mention in the top 10 of European technological countries where investments have not grown in the past year. The total financing of 1,340 million dollars in 2019 has been reached, so that 4% of the total invested capital is monopolized.

“European technology remains standing out in the world economy, despite the fact that the media focus was installed this year in the turbulence of technological markets. The economy of Europe may not be immune, but its technological has continued to beat records in the last twelve months, “says Tom Wehmeier, partner of Head of Insights in Atomico and responsible for the report.

Freezo in Spain

The Spanish technological world suffers not only at the economic level, but also in the part of professional talent and growth, according to the figures from Atomic.

In 2019, Spanish startups reached a total of $ 1,340 million in financing, only 4% of the invested capital. Spain eliminates the rest of the leading countries when we see this figure fall by 0.17%, it is the only country in 10 that has received less financing of this exercise.

Spanish talent still does not find any accommodation on national borders as European. “Spain has seen how vacancies are difficult to cover with software therapers,” says the report. Spain takes the bronze medal with more vacancies that are only available, only surpassed by Austria and Portugal.

Spain is still behind other major European states in terms of density of developers and researchers per head of the population. In particular, it has 3 researchers and 7 developers per 1,000 inhabitants. A figure similar to that of countries such as Greece, Poland and Hungary, which have considerably less population.

According to Atomico, however, the Paradox is given that the number of developers has gone from 308,500 from 2018 to 323,000 this year. Experts who usually settle in Madrid, where 37% of them live, although far from the concentration that countries such as the United Kingdom live, where half of London and Paris live in the capitals.

Barcelona wins Madrid

This 2019, according to the Atomico report, Spain is growing like a deep technical hub. This category implies a combination of technological innovation with academic research that brings entrepreneurs and scientists together for products or services that combine scientific progress with technological innovation and also want to contribute that the world is a better place.

Financing for Spanish companies of Deep Tech reached $ 280 million in 2019, about half of all financing for Spanish deep technology companies in the five years.

Barcelona received $ 36,961 from capital by developer, as the fourth city, behind London, Stockholm and Berlin in capital invested by talent in the past five years. The city is the most attractive focus for entrepreneurs, because the Catalan capital is the third most named, even for Paris.

Barcelona was even the Spanish city with more technological startups founded in 2019 with a total of 796 new companies, well above 577 located in Madrid.

Equality, awaiting subject

91.6% of the financing went to European companies with a male Dome Directive, a figure comparable to 2018, when it reached 91.7%. In the case of Spain, the figures are comparable, 90% this year and 84% last year.

There is only one woman with the position of CTO (acronym in English of Chief Technical Officer, director of Spanish technology), among 119 companies (



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