Madrid Leads Spanish Tech Ranking with 2,607 Companies

The region consolidates its growth with a 19.1% increase in tech companies and a turnover exceeding 7.270 billion euros.

Generic image of Madrid cityscape with technology and innovation elements.
IA

Generic image of Madrid cityscape with technology and innovation elements.

The Community of Madrid solidifies its position as the primary entrepreneurial hub in Spain and Europe for the technology sector, leading the national ranking with 2,607 companies.

The Regional Report on Tech and Innovative Companies 2026, promoted by the Ministry of Science, Innovation and Universities and involving the madri+d Foundation for Knowledge, highlights the significant growth of Madrid's innovative business environment. Over the past year, the number of tech companies increased by 19.1%, while jobs grew by 21.9% to reach 44,276. Combined turnover soared by 38.7%, rising from 5.238 billion to nearly 7.270 billion euros.
Investment attracted by the region's startups and tech companies surpassed 1.170 billion euros, accounting for 36.5% of Spain's total investment. This figure confirms Madrid as a key financial center and a magnet for entrepreneurial capital.
The report also indicates increased longevity for Madrid-based companies. Scaleups (expanding emerging companies) are establishing themselves as the sector's economic engine, generating over 8,600 jobs and a combined turnover exceeding 2.056 billion euros. Each of these 193 scaleups employs an average of 44 people and has a turnover of over 10.6 million euros.
By sector, banking leads with 176 companies and over 1.210 billion euros in turnover. This is followed by verticals such as SaaS (Software as a Service), Energy, Marketing & Media, eHealth, and Edtech. Artificial Intelligence is also gaining prominence, with 132 active companies in the region, establishing itself as one of the fastest-growing areas.