The startup scene in Spain

SPRI’s summary of 2025 figures reports 895 technology and innovative firms, 8,919 jobs, and more than €1.043 billion in combined revenue across Euskadi; it reports that these Euskadi-wide firms raised more than €324 million during 2025. A Basque Government page updated May 24, 2024, reported historical 2022 startup counts of 505 in Bizkaia, 320 in Gipuzkoa, and 150 in Álava. These regional and provincial figures are not Bilbao-only measures. [84163, 84164, 84165]

BIG Bilbao lists UPV/EHU, Deusto, Mondragon University, the Bilbao Chamber of Commerce, Elkargi, and Kutxabank among its partners. BAT is located at Gran Vía Don Diego López Haro 1, Bilbao 48001. The Basque Government reported that BIND’s tenth edition in 2026 involved 23 technology projects with 70 Basque companies, and that since its 2016 launch the program had accelerated more than 250 startups and developed more than 360 projects; these are regional, not Bilbao-only, figures. [84167, 84168, 84169, 84170]

A Bilbao Exhibition Centre profile says H2SITE was founded in Bilbao in 2020 as a spin-off from two R&D centers. The profile reports its headquarters in Bilbao and membrane manufacturing in Loiu, Bizkaia, and describes its membrane reactors for hydrogen separation and in-situ production. H2SITE announced on June 25, 2026, that its second Series B closing brought the round above €42 million; its January 16, 2025, announcement named Hy24 and SC Net Zero Ventures as Series B co-leads. Lookiero’s 2021 report says Lookiero Style was constituted in Bilbao on June 17, 2015, and describes its primary activity as personalized online fashion advice. [84173, 84174, 84175, 84176, 84177, 84178, 84179]

A 2024 report described MiLaboratories as having part of its technical team in Bilbao while headquartered in the United States. TechCrunch reported that eBay acquired Ticketbis, a Bilbao-based online ticket marketplace, in 2016. Separately, UPV/EHU reported that 12 companies were created in 2021, including eight originating in research groups exploiting new technologies; this is dated university-wide reporting. [84180, 84181, 84182, 84172]