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The Startup Ecosystem of Santander

Santander has 12 startups in our sample database.

CITY RANKING

Since 2024, Santander lost 67 spots in the Global Startup Ecosystem Index, having now positioned itself as 869th worldwide.

National Ranking

33rd
-
1
In Spain

Regional Ranking

285th
-
23
In Western Europe

Global Ranking

869th
-
67
Worldwide

Ecosystem

Startup Ecosystem Overview

blue and white boats on dock near city buildings under blue and white sunny cloudy sky


Santander, capital city of the Cantabria region, has an ideal strategic location for the development of any economic activity. Cantabria is an Autonomous Community located in the north of Spain with infrastructures that allow considerable commercial expansion beyond its borders, both to the rest of the country and other European Union states. The historical links and close ties consolidated over the years with Latin America and Europe make Cantabria the ideal base from which to tackle these markets.


Santander has an incipient startup ecosystem, with a few small companies developing a variety of technological activities, mainly in the fields of electronic components, internet, and digital industry.


In addition to its natural capabilities, the region has strategic alliances through which it has created marketing networks that open up a vast amount of possibilities for the companies located in Cantabria.


Santander has been selected as one of the main Smart Cities in Spain, forming part of the “Spanish Smart Cities Network”. “SmartSantander” proposes a unique in the world city-scale experimental research facility in support of typical applications and services for a smart city. This unique experimental facility will be sufficiently large, open and flexible to enable horizontal and vertical federation with other experimental facilities and stimulate the development of new applications by users of various types including experimental advanced research on IoT technologies and realistic assessment of users’ acceptability tests.

Startups

Santander Top Startup Industries

Software & Data icon
Software & Data
3 startups
Ecommerce & Retail icon
Ecommerce & Retail
2 startups
Hardware & IoT icon
Hardware & IoT
2 startups

Ecosystem HealthCheck

Santander Ecosystem Health Check

The health check tables allow you to look at the performance Santander has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
IndustryGlobal rankMomentum YoYNumber of Startups
Global86912
Ecommerce & RetailN/A02
Edtech00.0000.0000.00
Energy & Environment00.0000.0000.00
Fintech00.0000.0000.00
Foodtech00.0000.0000.00
Hardware & IoT00.0000.0000.00
Healthtech00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Santander

Download list
Banbu startup logo
Ecommerce & Retail | Consumer Goods
Unranked
Acorde Technologies startup logo
Hardware & IoT | Hardware & IoT-Other
Unranked
Ingecid startup logo
Edtech | Education-Other
Unranked
Idrus startup logo
Fintech | Fintech-Other
Unranked
Distrito Zero startup logo
Social & Leisure | Entertainment
Unranked
Eolas Prints startup logo
Hardware & IoT | 3D Printing
Unranked
Zitelia startup logo
Software & Data | Enterprise Technology
Unranked
ubikare startup logo
Healthtech | Health Care
Unranked
DEODE startup logo
Ecommerce & Retail | Proptech
Unranked
LB Design startup logo
Software & Data | Web Development
Unranked
SIGNIFICANCIA, Valor e Innovación startup logo
Social & Leisure | Digital Media
Unranked

Browse 1 more startups in Santander with the pro account.

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Startup Ecosystem Charts

Startup Funding in Santander2017 - 2024

Startup Funding in Santander 2017 - 2024

From 2022 to 2023, startup funding in Santander has decreased by 29.54%. During this period, the number of deals in Santander has remained stable%. Since 2017, total startup funding in Santander exceeded US$ $629.47K.

Average Funding in 2023

$110.23K

Santander
Spain
-29.54% YoY

Funding in 2023

$110.23K

Santander
Spain
-29.54% YoY

Deals in 2023

1

Santander
Spain
+0.00% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B00.511.52

Ecosystem

The Startup Ecosystem in Santander

Startups in Santander excel in Software & Data, Ecommerce & Retail, and Hardware & and IoT. There are some notable success stories contributing to the city’s growing Software & Data industry. One of the most promising startups in Santander in 2024 is Banbu, Acorde Technologies, and Ingecid.

Global Rank

Santander is ranked within the top 1000 startup ecosystems globally.

Top Industries

Santander’s startups excel particularly in Software & Data and in Ecommerce & Retail, and Hardware & IoT. Find out more

Top Cities for Startups in Spain - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
1st
0
38th
+
2
21.982
00.00
00.00
00.00
2nd
0
49th
0
15.453
00.00
00.00
00.00
3rd
0
171st
+
13
3.608
00.00
00.00
00.00
4th
0
303rd
-
19
1.275
00.00
00.00
00.00
5th
+
3
350th
+
32
1.027
00.00
00.00
00.00
6th
-
1
354th
-
22
1.012
00.00
00.00
00.00
7th
-
1
401st
-
61
0.824
00.00
00.00
00.00
8th
+
1
428th
-
10
0.698
00.00
00.00
00.00
9th
-
2
438th
-
68
0.660
00.00
00.00
00.00
10th
0
460th
-
24
0.583
00.00
00.00
00.00
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Startups

Notable Startups in Santander
Banbu startup icon
Banbu
Acorde Technologies startup icon
Acorde Technologies
Ingecid startup icon
Ingecid

ECOSYSTEM

Why should you join Santander's Startup Ecosystem?

Overview

33rd

National Rank

285th

Regional Rank

Overview

ECOSYSTEM
Startup Infrastructure in Santander
With a large variety of initiatives, Santander's startup ecosystem stands out from other cities in Western Europe. Santander offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Santander's most prominent support initiatives:

Coworking Spaces

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