BME, the operator of all securities markets and financial systems in Spain, which is part of SIX, is from today a new strategic partner of EsTech, the platform driven by Adigital, which brings together the main Spanish technology scaleups. Both organisations will join forces to support high-growth technology companies, improving their competitiveness through the attraction of capital, access to new markets, as well as the integration of more technology companies to the stock market in Spain.
This strategic alliance stems from the shared commitment of BME and EsTech to strengthen the scaleup ecosystem in Spain and position our country as a global benchmark in innovation and technological development.
In an increasingly competitive environment, in which the European Union prioritises the promotion of technological champions, both entities will work together to overcome the barriers that limit the growth of Spanish scaleups, and to promote the competitiveness of the markets, in line with the White Paper on boosting the competitiveness of capital markets in Spain, published by BME last January. Both will also work to generate greater visibility of the economic impact and social contribution of these companies, both in our country and internationally.
One of the great challenges for Spain and Europe is to create an environment that allows innovative and technological companies to scale more quickly and access funding at advanced stages. Although recent years have seen a favorable evolution in national and international public and private funding mechanisms, an ambitious vision is needed to increase the weight of existing funding and models.
Miguel Ferrer, Executive VP of Strategy and Public Agenda at Adigital, said: “Adding BME as a strategic ally is a fundamental step towards achieving our goal of positioning Spain as a Digital Hub in Europe. Together, we will work to strengthen the growth of innovative companies with a positive impact on the Spanish economy.”
Álvaro Castro, Head of Equity Primary Market at BME, explains: “We are delighted to join EsTech as a strategic partner. We share the conviction that access to financial markets can be a decisive boost for the growth of Spanish tech scaleups, as being a listed company means recurring funding, visibility and reputation.”
About EsTech
EsTech was founded in 2022 by Adigital and several scaleups, and with the support of SpainCap and Endeavor. Its mission is to accelerate the competitiveness of technology companies and foster their consolidation as part of a new, more innovative production model. Since its creation, it has worked to create a favourable environment for scaleups to scale up, promoting spaces for dialogue with public representatives and raising awareness of the positive impact of these companies on the economy and society. It currently has almost twenty high-growth companies.
More information:
Laura Ruiz / Adigital
press@adigital.org
+34 616 221 814
María Ruiz de Lara / Burson
adigital@hkstrategies.com
+34 669 722 092
Alberto Roa / BME/SIX
aroa@grupobme.es
+34 649 855 712