Valencia's startup ecosystem is thriving, growing 15.45% to 1,517 startups and generating 20,022 jobs in 2024, compared to 2023. Strategically located on the Mediterranean, it offers strong connectivity and a business-friendly environment. With 21% of startups in AI, nanotechnology, and cybersecurity, Valencia is solidifying its status as a global tech hub.
The Invest in València Program, led by the City Council and Chamber of Commerce, attracted 24 companies in 2024, creating over 1,500 jobs and €149 million in economic impact over two years.
In December 2024, Valencia City Council, through Valencia Innovation Capital, boosted seed-stage startup funding by 50% to €600,000, reinforcing its commitment to entrepreneurship. In February 2025, Valencia approved NxN Data Centers' €60 million project in Vara de Quart, creating 100 direct and 500 indirect jobs.
Valenciaport launched its €6 million 5G network project in December, enhancing digital transformation and Smart Port development. Funded by European grants, it will provide secure connectivity for 25,000+ devices, including vehicles, sensors, and drones.
In March 2025, Startup Valencia and Estonia's e-Residency launched the Valencia DANA Project to support startups developing solutions for natural disasters and urban resilience.
Valencia is also making major progress in its Deeptech sector, with initiatives like Deeptech Workgroup by Startup Valencia. The Navantia Chair, a new position at the University of Polytechnic Valencia was created, which focuses on enabling development of photonics and deeptech technologies.
The Valencian Government will invest €2 billion in the 2025-2028 Reindustrialization Strategy, aiming to boost industry’s GDP share from 14.8% to 20% and attract over €10 billion in private investment.
