Valencia's startup landscape is heavily weighted towards the biotechnology sector. For example, ARTHEx Biotech has secured $109M to develop treatments for Myotonic Dystrophy.
The city also supports a range of other technology ventures, including aerospace company PLD Space and crypto platform Bit2Me.
Below is our list of 78 Valencia startups worth keeping an eye on.
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Get the Sheet for $50SetPoint Medical develops a first-of-its-kind bioelectronic device designed to treat chronic inflammatory conditions like rheumatoid arthritis. Their proprietary platform stimulates the vagus nerve, aiming to provide a less toxic and more convenient alternative to biologic drugs.
| Year Founded | 2007 |
| Founders | Jim Broderick, Kevin Tracey, Shaw Warren |
| Funding Amount | $496.4M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series D |
| Top Investors | Norwest Venture Partners, New Enterprise Associates, Catalio Capital Management, Boston Scientific, Elevage Medical Technologies |
ARTHEx Biotech is creating a new treatment for Myotonic Dystrophy type 1, a rare neuromuscular disorder. Their therapeutic approach uses antagomir oligonucleotides to target the underlying genetic cause of the disease.
| Year Founded | 2019 |
| Founders | Beatriz Llamusí, Rubén Artero |
| Funding Amount | $109M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Series B |
| Top Investors | Bpifrance, European Innovation Council, Columbus Venture Partners, AdBio partners, Invivo Capital Partners |
Highlight Therapeutics develops novel cancer treatments designed to improve immunotherapy outcomes. Their lead drug candidate, BO-112, is an RNA-based therapy that helps the immune system recognize and attack tumors previously unresponsive to treatment.
| Year Founded | 2010 |
| Founders | Damià Tormo, Maria Gonzalez |
| Funding Amount | $37.6M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Venture Round |
| Top Investors | Columbus Venture Partners, Buenavista Equity Partners, Advent Life Sciences, Centre for the Development of Industrial Technology (CDTI), Realiza Business Angels |
Internxt builds an open-source cloud storage service with a core focus on privacy and security. They use end-to-end encryption to give users complete ownership of their files and personal data.
| Year Founded | 2020 |
| Founders | Fran Villalba Segarra |
| Funding Amount | $10.9M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Santander, Notion Capital, TheVentureCity, Wayra, Telefonica |
Nusano produces medical radioisotopes, tiny tracers that help doctors diagnose and treat cancer and other diseases. Their work focuses on creating a more reliable supply of these critical components for diagnostic and therapeutic use.
| Year Founded | 2013 |
| Founders | Glenn Rosenthal, Howard Lewin |
| Funding Amount | $115M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | S32, Wasatch Group |
Bit2Me offers a digital asset platform for users to buy, sell, and manage a variety of cryptocurrencies. They aim to make digital assets more accessible through a suite of financial tools and educational resources.
| Year Founded | 2014 |
| Founders | Andrei Manuel, Leif Ferreira |
| Funding Amount | $109.9M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Investcorp, Inveready, Telefonica, Yield Guild Games, Cardano Foundation |
Quibim creates an AI platform for medical imaging analysis, designed to extract quantitative biomarkers from scans. This technology provides clinicians and researchers with critical data for precision medicine, enhancing diagnostics and supporting clinical trials.
| Year Founded | 2012 |
| Founders | Angel Alberich-Bayarri, Luis Martí Bonmatí |
| Funding Amount | $69.6M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Plug and Play, Amadeus Capital Partners, K Fund, GoHub Ventures, Partech |
Laberit builds custom software and delivers a range of technological solutions for enterprise clients. The IT services company specializes in guiding large organizations through digital transformation and complex systems integration.
| Year Founded | — |
| Founders | — |
| Funding Amount | $10M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | Nazca Capital |
PLD Space develops its own reusable rockets, offering dedicated launch services for the small satellite market. Their team handles the entire process in-house, from initial design and manufacturing to launch and recovery operations.
| Year Founded | 2011 |
| Founders | Raúl Torres, Raúl Verdú |
| Funding Amount | $122.4M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | Santander, JME Ventures, Cofides, Centre for the Development of Industrial Technology (CDTI), Arcano |
iPronics develops software-defined photonic processors, bringing the flexibility of software to hardware that operates at the speed of light. The company introduced the world's first optical circuit switch, which makes photonic circuits reconfigurable for a wide range of applications.
| Year Founded | 2019 |
| Founders | Eladio Gil, Inaki Berenguer |
| Funding Amount | €37.6M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Grant |
| Top Investors | Amadeus Capital Partners, Bosch Ventures, European Innovation Council, Triatomic Capital, Fine Structure Venture |
68 Additional Valencia Startups Worth Following
Our top ten picks offer a glimpse into the city's lively startup scene, but they're only part of the story. Across Valencia, founders are building companies in fields ranging from AI and manufacturing to media and healthcare.
Together, these companies have raised hundreds of millions of euros, with some just starting out and others well on their way. Here is a look at the other startups shaping Valencia's ecosystem.