Madrid has become a prominent force in the European tech landscape, fueled by government initiatives and an influx of talent, particularly from Latin America.
Madrid’s thriving ecosystem has resulted in an increase in venture capital investment and startups that span diverse sectors such as fintech, biotech, and sustainable energy.
In this article, 10 promising early-stage startups based in Madrid after 2021 are highlighted, each set to shape the future of innovation in the coming years.
Clevergy has raised €2 million to develop an app that works with marketers, enabling customers to make informed decisions about their energy usage.
Cocoon Bioscience has developed an innovative platform using insect cocoons to produce high-performance recombinant proteins and enzymes, successfully raising €17 million.
Correcto is an AI-driven writing assistant that enhances Spanish writing by delivering real-time corrections for spelling, grammar, and punctuation, it has raised €7 million.
Embat is a fast-growing fintech company that has successfully raised €21.2 million to automate treasury management for businesses using real-time banking connectivity and AI-driven accounting.
Galeneo Health emerged during the pandemic to provide primary home healthcare for patients and has successfully raised €1.
Luzia has developed an AI-powered chatbot that integrates with WhatsApp and transcribes audio messages, answering questions, generating text, translating languages, and assisting with creative writing within the app.
ONUM is a cloud-based platform that tracks and analyzes data for companies throughout the cycle, from collection to storage, and has raised €37.4 million.