The Aragonese startup Deliverance takes the first prize at the Zaragoza Startup Fest 2026, held on September 30 and October 1. The event brings together over 300 professionals and announces the creation of Elephant Capital, a €4 million fund.
The Aragonese startup Deliverance has won the fifth edition of the Zaragoza Startup Fest 2026, as reported by ecosistemastartup.com. The event, held on September 30 and October 1 at the Zaragoza Logistics Center and Etopía, gathered more than 300 professionals including startups, investors, and institutional agents.
The winning project specializes in physical artificial intelligence and combines robotics, the Internet of Things (IoT), and advanced algorithms to manage and automate fleets of robots. This technical approach has sparked the interest of the investment capital present at the event.
The meeting, driven by the innovation consultancy Zebra, concludes eight months of activity within the framework of the Aragon Startup Fest. During the closing, the report 'Premios EmprendeXXI 2025-2026' from CaixaBank DayOne and International Financial Analysts (AFI) was presented, which estimates that €72.7 million was raised by companies based on artificial intelligence, a 59% increase compared to the previous edition.
The data from the report shows a structural change in the ecosystem: 77% of new companies have a B2B focus, artificial intelligence is now present in 25% of applications (ten percentage points more than a year ago), and the analysed Aragonese startups captured 78% of their funding from private sources. Nationally, Spain has over 5,000 active startups and an aggregate valuation of €125 billion; Madrid is consolidating as the eighth technology hub in Europe, with a 150% increase in funding during 2025, according to data from ICEX.
The founder of Zebra, Sergio Martínez, announced the creation of Elephant Capital, a fund made up of 22 Aragonese entrepreneurs. The structure plans to inject €1 million in the first two years and another €3 million in the following two, aimed at early-stage startups.
"We are an innovation boutique. What we see is that the push for startups has slowed down a bit. Three or four years ago, interesting projects emerged that are now maturing, but we need to keep creating new businesses and attracting executives from companies and universities," Martínez stated.
For entrepreneurs, the event leaves three signals: technical specialization in Deep Tech attracts capital, the B2B business model prevails, and private funding gains weight over grants. The next edition of the Aragón Startup Fest has not yet confirmed dates.

