Life Sciences and Gaming Startups Bloom in Barcelona

Barcelona has among the most fascinating structure on this planet, with landmarks like La Sagrada Familia, Casa Batlló, and Parc Güell. This inspiring setting can also be one of many largest entrepreneurial hubs in Southern Europe with native inventive and technical expertise graduating from faculties like University of Barcelona.

With a startup ecosystem worth of about $4.1 billion, Barcelona is seeing specific success in sub-sectors together with Life Sciences and Gaming. In reality, our 2019 Global Startup Ecosystem Report locations Barcelona within the Gaming international prime 15. 

As the most important metropolis within the area, Barcelona anchors Catalonia, which is residence to over 130 gaming firms that whole roughly $365 million in annual income. Even some massive international gamers like Ubisoft and I Got Games have arrange their European Headquarters in Barcelona. One notable Gaming firm Social Point, specializing in free-to-play cell and social community video games, was acquired for $260 million in 2017.

Barcelona can also be residence to over 100 Life Sciences startups. In 2018, a scientific stage biotech firm that’s main the event of therapies to uncommon illnesses like X-ALD, Minoryx Therapeutics, raised $25 million. That identical 12 months STAT-DX, a affected person testing options startup that goals to ship quick, easy-to-use, and correct testing, was acquired for $191 million.

Barcelona hosts many Life Sciences conferences like Eyeforpharma and Bio Europe Spring together with different worldwide technology-centric occasions together with Mobile World Congress (MWC Barcelona), the world’s largest exhibition of the cell business and Smart City Expo, the main worldwide occasion on city improvement. Both of those occasions carry collectively firms from all around the world, making Barcelona a focus for innovation and connectedness.