Spain’s leading investment funds have already confirmed their participation in the fifth edition of Valencia Digital Summit (VDS2022). With over €6 billion to invest in their portfolio for next year, these venture capital funds will meet with entrepreneurs, startups and corporations from the 24th to the 26th of October in the City of Arts and Sciences of Valencia. The internationally recognised tech event of the Valencian region organised by Startup Valencia will also bring together more than 300 internationally renowned speakers and is expected to attract more than 10,000 attendees from over 30 different countries.

Among the national investment funds already confirmed are CEMEX Ventures, Telefónica Ventures, GoHub Ventures, Bankinter VC, Seaya Ventures, K Fund Ventures, Adara Ventures, JME Ventures, 7R Ventures, Draper B1, Conexo Ventures, PaoCapital and Kibo Ventures, among others. All of them have set Valencia as a key destination to carry out investments and VDS2022 as the framework from which to identify and promote successful projects.

On the other hand, leading international investment funds such as Lightspeed Venture Partners, Cocoa, Elaia, Pipeline Capital, Dynamo Ventures, Startup Wise Guys, TheVentureCity, Beacon, Golden Gate Ventures, Pear VC, OneRagtime, ARCAP and Nemetschek, among others, have also confirmed their participation in VDS2022.

As Juan Luis Hortelano, president of Startup Valencia, explained: “the trajectory and international prestige achieved by Valencia Digital Summit has made it an unmissable tech event on the venture capital calendar”. He added that “the consolidation of Valencia as the third most important Spanish hub has turned the region into an attractive destination for the global investment community”.

According to data from the Bankinter Foundation’s Observatory of the Startup Ecosystem in Spain, investment in startups during the first half of the year between Valencia and Alicante exceeded €150 million. Valencia in particular has already registered 23 operations and has multiplied its investment by 4, reaching €53.9 million. On the other hand, Alicante is in third place in terms of investment raised thanks to the operation of Recover, the startup specialising in the production of low-impact, high-quality recycled cotton fibre, which recently raised €95 million in an investment round led by Goldman Sachs and in which other investors such as Story3 Capital Partners also participated.

 

Great prospects

Under the slogan ‘Inspiring the Good Future‘, VDS2022 will showcase how technology, innovation and digitalisation are building a better future and why they are fundamental to tackling the major social and economic challenges facing society.

The convention will include a completely free section open to the public, where attendees will be able to enjoy exhibition areas in which the latest trends, tech innovations and disruptive products will be presented by means of interactive experiences with the aim of highlighting the existing talent in the Valencian Community, attracting investment to the region and creating business opportunities between corporations and startups. As a novelty of the fifth edition, the tech event will feature Summit Pro: a paid B2B forum with premium content and exclusive activities for professionals.

 

An international tech event

Since its first edition in 2018, VDS has experienced exponential growth that has led it to become a tech event of international recognition. The latest edition alone, held on the 15th and 16th of December last year, generated an economic impact of more than €4.8 million. The convention, which was attended by leaders of world-renowned companies such as Airbus, Google and Amazon, as well as consolidated startups such as Jeff, Jobandtalent and Gorillas, brought together more than 5,500 people in person and more than 5,000 online. In addition, 20% of all attendees came from abroad and from up to 25 different countries.

 

 

 

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