ABOUT THIS REPORT ABOUT THIS REPORT THIS REPORT HAS BEEN PREPARED BY Ángela Alférez (SPAINCAP Research Director). Data obtained with collected in collaboration José Martí Pellón (Professor of Financial Economics at the Complutense University of Madrid) and Marcos Salas de la Hera (Partner of webcapitariesgo). All Rights Reserved SPAINCAP ® 2024 The total or partial reproduction of the document, or its computer treatment, is not allowed transmission in any way or by any means, whether electronic, by photocopy, by registration or other methods, without prior and written permission of the copyright holder. Methodological Note SPAINCAP has been preparing statistics on the Venture Capital & Private Equity sector in collaboration with webcapitalriesgo since 1987. The statistics published by the Association are intended to capture all of the activities of both domestic and international Venture Capital and Private Equity GPs (investment -through equity or quasi-equity-, fundraising and divestment) in Spanish companies with the aim of providing reliable data to the market, media, and government agencies and institutions. The information is collected on a confidential basis directly from the management companies themselves, whether SPAINCAP members or not. All information is collected through EDC (European Data Collective), the technological platform implemented by the main European Venture Capital and Private Equity Associations. This platform ensures a consistent methodology to guarantee the data on European Venture Capital and Private Equity is as complete and uniform as possible. Currently, SPAINCAP/webcapitalriesgo directly monitors more than 300 domestic and international management companies through the European EDC Platform.