The startup ecosystem is facing a crucial reality check at the Ibiza Tech Forum 2026. Beyond big ideas and technological disruption, the viability of any early-stage project depends on its financial architecture and on its capacity to scale.
No one knows this terrain better than Pilar Carrato, Chief Financial Officer (CFO) of the Centre for the Development of Technology and Innovation (CDTI). At the forum she led a stimulating analysis of the sector’s strengths, mistakes and unfinished business in Spain, and joined the Euronews set to talk about talent, entrepreneurship, scalability and the recipe for success.
Backed by the credibility of a public body that over the last two years has invested 3 billion euros, with an active portfolio of 150 companies and 40 funds, Carrato breaks down the key factors for competing in the international top league.
Profitable vs scalable: speaking the investor’s language
For Pilar Carrato, the first mistake many startups make is a lack of strategic focus when looking for capital. “They need to know what stage they are at and who they should be approaching, otherwise they are going to waste a lot of time,” the finance chief warns.
