Spain’s technology industry saw a flat growth in overall deal activity during February 2021, when compared with the last 12-month average, led by Insight Partners, ISAI Cap Venture, Lead Edge Capital Management, Perpetual Investors and Salesforce Ventures’ $96m venture financing of Copado Solutions, according to GlobalData’s deals database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

 

A total of 25 deals worth $132.6m were announced in February 2021, compared with the 12-month average of 25 deals.

M&A was the leading category in the month in terms of volume with 14 deals, which accounted for 56% of all deals.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was venture financing with 11 deals accounting for 44% of overall deal activity in the Spain’s technology industry during the month.

In terms of value of deals, venture financing was the leading deal category in Spain’s technology industry with total deals worth $125.69m, followed by M&A and deals totalled $6.91m.

Spain technology industry deals in February 2021: Top deals

The top five technology industry deals accounted for 95.4% of the overall value during February 2021.

The combined value of the top five technology deals stood at $126.49m, against the overall value of $132.6m recorded for the month.

The top five technology industry deals of February 2021 tracked by GlobalData were:

1) Insight Partners, ISAI Cap Venture, Lead Edge Capital Management, Perpetual Investors and Salesforce Ventures’ $96m venture financing of Copado Solutions

2) The $18.14m venture financing of Holded Technologies by Elaia Partners, Lakestar Capital and SeedRocket

3) GPI’s $6.91m acquisition of HemaSoft Software

4) The $3.04m venture financing deal with Memewallet Card-Dynamics by Big Sur Ventures and GAA Investments

5) Plug and Play, Wayra (Spain) and Zone2boost’s venture financing with Payflow Digital for $2.41m.