Spain is rapidly emerging as one of Europe’s most investable innovation hubs. With a ten-fold increase in venture funding, 17 unicorns, and a sophisticated blend of public and corporate capital, Spain offers deep opportunities for investors, innovators, and corporate venture arms. From clean energy and AI to biotech and quantum, this article shares insights from UK–Spain discussions at the Spanish Embassy in London, highlighting where strategic growth and partnerships are already delivering results, and where the next big bets will be.