The Venture Capital and Private Equity sector has a total of 3,646 investee companies in Spain valued at €43,740M. The portfolio, at price cost, of the Venture Capital and Private Equity firms (hereinafter, VC&PEs) operating in Spain totaled €43,740M as of 31 December 2023. This includes the investee companies of 179 domestic entities and 419 international entities, 274 of which carried out at least one transaction in Spain in 2023. Yet again there was a slight increase in portfolio value (at price cost), up from €42,290M in 2022, as a consequence of the adjustment of the public entities’ historical portfolio. International PE&VCs accounted for 76.3% of the portfolio, private domestic PE&VCs for 21.2% and public ones for 2.5%. This amount does not include an outstanding cumulative portfolio of €359,4M in loans from Enisa. The portfolio of investees in Spain for the aforementioned domestic and international Venture Capital & Private Equity operators as a whole totaled 3,646 companies at the end of 2023. After excluding the investments syndicated between several operators, the total portfolio was estimated to consist of 2,535 companies. 2,567 companies backed by Enisa should be added to this figure. The average investment at cost of the domestic and international VC&PEs in each investee company was estimated at €12M at the end of 2023, rising to €17.3M if the investments of several operators in the same firm are added up. However, there is a noticeable difference between the average per company investment at the end of 2023 recorded for international PE&VCs (approx. €44M) and for private domestic PE&VCs (€4.6M). Portfolio View map