Spain Adds Three Unicorns in 2026 as AI and Space Lead

HappyRobot, created by Pablo Palafox, Javier Palafox and Luis Paarup, builds AI agents that handle business communications and tasks, starting in logistics and transport. It closed a 150 million dollar round at a post-money valuation of 1.2 billion dollars. The company is based in the United States.

Open Cosmos designs, builds and operates satellites. In September it announced 300 million euros in funding to expand its industrial capacity. The company did not disclose a valuation, so Scoutyn's reference of over 1 billion dollars should be treated with caution, as it has no public confirmation.

Established names, uneven valuations

Not every figure is fresh. Job&Talent is cited at over 2 billion euros in 2021 and 1.3 billion in April 2025, a drop of at least 35% that does not remove it from the group. Perk is kept at 2.7 billion dollars from its January 2025 round, although Kinnevik's accounts implied roughly 1.7 billion euros afterwards. Factorial raised 150 million dollars in June at 2.5 billion, and Fever leads the group at over 4.5 billion euros after a 250 million dollar extension led by EQT in September.

Wallbox shows the risk: it left the club by listing in 2021, and in March 2026 its market capitalisation was put at about 37 million euros, with 2025 losses of 103.19 million.

Geographically, five companies trace their origins to Madrid and two to Catalonia, about 78% of the group. The report asks what other regions need to produce companies of this scale, and how to keep more teams, investment and decision-making power in Spain as firms expand abroad.