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Entrepreneurship in Madrid

Madrid has developed into a thriving startup ecosystem that combines Spain's largest market with increasing international connections and technical talent. The city has produced notable successes in travel tech, fintech, and digital platforms, with innovation hubs centered around areas like the Madrid Technology Park and Google for Startups Campus. For founders, Madrid offers compelling advantages: access to Spanish and broader Spanish-speaking markets, technical talent at competitive costs, and growing investor presence ranging from local firms like Kfund to international players. The ecosystem features accelerators including SeedRocket and Impact Hub Madrid, while technical universities strengthen the talent pipeline. With its combination of market size, technical capability, and central position within Spain's economic landscape, Madrid provides entrepreneurs with a robust environment for building technology startups targeting both Spanish and international markets.

Madrid founders in numbers

The startup community in Madrid shows a healthy mix of people still exploring ideas (52%) and those already building something (48%). This balance between early-stage thinking and committed founders shapes the local scene. Looking at the numbers, the median age of founders in Madrid is 28.5, with an average age of 33.2. Most are in the 25-32 age range, which makes up 39.4% of the community. When it comes to background, 22% of founders in Madrid have technical skills in areas like engineering or software development, while 78% come from business roles such as operations, product, or marketing. This mix creates plenty of opportunity for strong co-founder matches. Popular areas of interest include Functional Foods, Data Protection, Beverage, and Exploration. Many founders in Madrid also speak more than one language, adding fresh perspectives to the city's startup ecosystem.

Commitment Type

More than (48%) of Foundersbase founders in Madrid are exploring startup ideas, while (52%) are committed to an idea.

Has idea

Has no idea

Has idea48%

Age

The median age of Foundersbase founders in Madrid is 28.5, while the average is age 33.2 with a maximum in the group of founders aging 25-32.

15.2%

18-24

39.4%

25-32

26.8%

33-40

13.2%

41-50

5.4%

50+

Type of Founder

About (22%) of Foundersbase founders in Madrid are technical (Engineering, AI/ML), while (78%) are non-technical (Product, Marketing, Operations).

Technical

Non-Technical

Technical22%

Top industry interests

Discover the industries that Foundersbase founders in Madrid are most passionate about.

Functional FoodsData ProtectionBeverageExplorationInfrastructureSupply ChainPersonalized MedicineMarine Technology

Top spoken languages

The majority of Foundersbase founders in Madrid speaks Spanish (88%).

Spanish

88%

English

84%

French

16%

German

10%

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