ICEX, BID Lab and Endeavor bring 15 Latin American scaleups to Spain

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The fifth edition of España Latam Scale Up, run by ICEX, BID Lab and Endeavor España, drew 326 applications for 15 places, the most in the program's history. That is more than 20 hopefuls per seat, which makes moving to Spain a more selective process than most people would assume. The chosen 15 have raised close to $45 million between them, about €40.2 million, and already operate across more than 25 countries. Their immersion runs from 12 to 20 October 2026 through Madrid, Barcelona and Valencia.

Colombia sent five companies, Chile four, Argentina three, Bolivia two and El Salvador one; Brazil and Mexico sent none. Six of the fifteen work in health, among them Avedian, Cromodata, Ellie Care and Samay, with the rest spread across AI, logistics, sustainability, mobility and energy. Some arrive with sizeable numbers: SimpliRoute works in over 27 countries with around 1,050 active business clients, Boxful reports more than $12 million in annual recurring revenue, and DeltaX handled over $400 million in gross merchandise volume in 2025.

In Madrid the companies meet BME Growth, BME Scaleup, COFIDES, CDTI, ENISA, venture funds and corporates; Barcelona and Valencia bring local hubs and accelerators such as CaixaBank DayOne, Plug and Play and Lanzadera. It ends with a matchmaking day at The Gap in Between in La Marina de Valencia. Across five editions the program has received over 1,300 applications and picked more than 70 scaleups from 17 Latin American countries; last year's edition took 13 from over 300.