Investment in Spain’s technology firms soars

TECHNOLOGY companies are on the up in Spain.

Investment in Spanish digital firms almost doubled from €312 million to €596 million in the last year.

In fact, the digital market in Spain is growing faster than in any other European country.   

It is not just founders backing their own start-ups – over a quarter of all investment in technology companies is from third-party sources.

And there has also been an influx of public money into technology companies.

Over the next five years the government is injecting €1.5 billion into the market through a variety of new funds.