The first edition of Palma Tech Bay, held on December 5 at the Port Centre of the Balearic Islands Port Authority, brought together ten Balearic startups that presented their projects to more than forty investors from across Spain. The forum, organised by ADR Balears, the Regional Ministry of Enterprise, Self-Employment and Energy, the Palma City Council and Keiretsu Forum, succeeded in mobilising a total potential investment volume of €9.5 million.
A rigorous selection and preparation process led by Keiretsu Forum
For this edition, Keiretsu Forum designed a structured process that combined:
Investors within the Keiretsu Forum network are highly active profiles, making investments ranging from €30,000 to €500,000, spanning different sectors and investment styles—from purely financial approaches to more industrial and strategic perspectives. Their presence in Palma highlighted the growing interest in the opportunities offered by the Balearic entrepreneurial ecosystem.
Ten innovative projects in strategic sectors
The selected startups covered key sectors such as:
The project most highly rated by investors was Voltic, specialising in wireless plug & play systems to control climate and energy consumption in hotels without construction work, capable of reducing energy costs by up to 30%.
Active investor participation: a dynamic and engaging forum
Beyond the startup pitches, the event featured a panel discussion on key investment insights, during which several Keiretsu Forum members shared their experience, selection criteria and outlook on future trends. The day stood out for the direct involvement of investors, many of whom requested to intervene spontaneously—either during the panel or to personally explain their investment approach.
Strong institutional presence: Regional Minister Alejandro Sáenz de San Pedro
During the opening of the event, the Regional Minister of Enterprise, Self-Employment and Energy, Alejandro Sáenz de San Pedro, stated that the main objective of Palma Tech Bay is “to strengthen the Balearic entrepreneurial ecosystem as a centre of innovation in the Mediterranean.” Sáenz de San Pedro added that “from the Regional Ministry, we are working to ensure that these emerging companies born in the Balearic Islands can continue to grow here, thanks to their ability to attract talent and investment, and forums like this play a key role in achieving that.”
The President of the Balearic Islands Port Authority, Javier Sanz, highlighted that “creativity, entrepreneurial initiative and collaboration are drivers of progress and the force that allows territories to move forward.” The event was also attended by the Director General for Industry and Industrial Estates, Alfons Gómez, and the Managing Director of ADR Balears, Silvia Delgado.
Remarks from Miquel Costa, President and CEO of Keiretsu Forum Spain
At the close of the event, Miquel Costa expressed his strong satisfaction with both the quality of the presentations and, above all, the enthusiasm and engagement of the investors: “It has been a success in every sense. The companies demonstrated an excellent level following the preparation process, and the active participation of our investors clearly shows the genuine interest in the Balearic ecosystem. We have succeeded in bringing a significant portion of private investment in Spain closer to the Balearic Islands, contributing our part to the growth and consolidation of their entrepreneurial ecosystem.”
A step forward for innovation in the Balearic Islands
Palma Tech Bay is thus positioned as a strategic meeting point between local startups and national investment, strengthening the Balearic Islands’ position as an emerging innovation hub in the Mediterranean. Keiretsu Forum is proud to have played a decisive role in the development, training and visibility of these projects, and reaffirms its commitment to fostering innovation and private investment in the islands.
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