Something more than 8,700 million euros. It is the money invested by national and international venture capital managers during the year 2022 in the startup sector. Beyond what was disbursed in companies, sales have slowed due to differences in valuations, as has the money raised by their investor firms. The Spain Cap employers hope to see a little more light after a resolution of the conflict in Ukraine.
Specifically, according to the estimates made public today by the employers’ association, the volume of total investment totaling the 935 operations of consolidated companies (private equity) and those of startups (venture capital) has risen by 15%. This means exceeding the historical ceiling of 2019
In operations of more than 100 million there has been a significant increase, which has led to reaching the historical ceiling, which has marked everything else. But on the ‘venture capital’ side, intended for startups, it has been a “more complicated” year due to greater uncertainty in the face of strong adjustments in the technology sector. In total, in this chapter the investment has been reduced by 30% compared to the previous year. In total, it has gone from the 2,100 million record of a euphoric 2021 to 1,478 million euros. This strong setback has been practically determined by a greater drought of international funds.
The capture of new money by Spanish venture capital managers has suffered greatly, registering the worst figures in the last decade. It has been more difficult in the second half of the year. The bosses justify it in the macroeconomic situation, with rising inflation and rising interest rates. There is a lot of money raised among the big international firms, but “ordinary mortals” have been able to secure less money.