Updated: Aug 2, 2022
- High living-standard is a deal-breaker.
Valencia, Spain's third biggest city, proves to be ideal for startup founders and other businesses ready to expand internationally. All 4 key factors are in place:
1. Access to tech and creative talent. 2. Ease and cost of doing business. 3. Access to capital. 4. Superior quality of life with all-year sunshine, stability and safety.
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MILESTONES FOR VALENCIA'S TECH AND INNOVATION ECOSYSTEM:
July 2022: The business magnate Juan Roig intends to convert Valencias' marina into one of the most prominent spaces for Entrepreneurship in Europe by tripling the Marina de Empresas business group's current spaces of ≈ 20.000 m2.
February 2022: Among the 17 events worldwide and only 4 events in Europe, the legendary, American accelerator YCombinator has chosen to visit Valencia and Lanzadera during its annual spring tour to find seedstage/earlystage tech startups.
September 2021: Nuria Oliver, PhD and her team got global recognition for developing a system using Artificial Intelligence that can suggest a few, specific, effective Covid-19 policies to deliver the lowest number of infections within budget limits, feature in WIRED: How Valencia crushed Covid with AI.
July 2021: Valencia based Igenomix, leader in reproductive genetic testing, a spinoff of IVI, the Valencia Institute of Infertility, is sold by EQT Group for €1.250 million.
June 2021: The Agritech company SEIPASA led by CEO Pedro Peleato, based in Valencia, received the Spanish National Innovation Award 2020.
May 2021: Founded in Valencia by Iker Marcaide in 2009, Fintech Flywire lists on Nasdaq as the very first made in Spain, tech company, valued at $3.39 billion.
April 2021: The Viva Technology list, including startups from 19 European countries, nominated Valencia-based Codigames as 1 of 6 potential unicorns from Spain.
February 2021: Based on life expectancy, the cost to be healthy, air pollution, obesity rates, safety and sunlight hours, Valencia is declared the healthiest city in the world.