ParcBIT

Name

ParcBIT

Legal name

FUNDACIÓ BALEAR D'INNOVACIÓ I TECNOLOGIA

Website

https://parcbit.es

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Palma

HQ country

Spain

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Incubation Space Rental: ParcBit generates revenue through rental of incubation spaces including collaborative incubator desks, private offices (30-50m2), and coworking fixed or temporary stations. Prices vary by space type and duration, with electricity and internet costs additional for physical incubation and consolidated companies.
2. Meeting Room and Auditorium Rental: ParcBit charges for use of fully equipped meeting rooms, training rooms, press rooms, auditoriums, and video conferencing facilities. Companies located in the park receive free usage up to specified limits; external entities pay rental fees.
3. Maintenance Services: ParcBit offers maintenance services to companies within the park to cover their primary needs, generating additional revenue streams.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

ParcBIT operates the main technology park of the Balearic Islands, providing physical infrastructure (modular offices of 30–50 m², coworking stations, private incubation spaces, equipped meeting rooms, a 140-seat auditorium, and video-conference rooms) alongside shared technology infrastructure (centralized fiber-optic and copper telecom, district heating/cooling, EV charging, 24/7 CCTV, high-speed WiFi) and innovation services (incubation, mentoring, access to European innovation networks) for technology companies, entrepreneurs, and institutions located in the park.

Product overview

ParcBit (Parc Balear d'Innovació Tecnològica) is a technology park operated by Fundació Bit that serves as the primary technology and innovation hub of the Balearic Islands. Rather than offering a unified software product, it provides a portfolio of physical infrastructure services including the technology park itself with office spaces and coworking facilities, business incubation and mentoring programs, meeting rooms and auditorium rental, and a data processing center for public administrations. Supporting innovation and digitalization, the portfolio also includes the STEM education promotion program, an ICT company directory, and the OBSI research observatory that publishes information society indicators.

Differentiator

Problem solved

Functional benefit

Brands

• #emprenbit: Incubator program for entrepreneurs associated with ParcBIT and Fundació Bit, offering collaborative incubation, physical incubation, and mentoring programs.
• OBSI (Observatori Balear de la Societat de la Informació)
• STEM
• CESAM

Products and services

• ParcBit Technology Park (Office and Space Rental) Rental of physical infrastructure inside the ParcBit park — modular offices, plots, and access to common services — for technology companies, institutions, and projects linked to innovation and knowledge. Located near Palma and the University of the Balearic Islands; master plan by architect Richard Rogers.
• Coworking ParcBit Shared workspace in the Naorte building with capacity for 10 workstations, offering high-speed WiFi, fully equipped meeting rooms, and access to all ParcBit services plus Fundació Bit's advanced innovation services. Available as fixed (minimum 3 months at €90/month) or temporary (less than 3 months at €110/month), excluding VAT.
• Meeting Rooms and Auditorium Rental Rental of fully equipped meeting rooms including a Training Room (capacity 25, €20/hour or €95/day), Press Room (capacity 50, €35/hour or €165/day), Auditorium (capacity 140, €435/half-day or €765/day plus VAT), Video Conference Room (capacity 10, €15/hour or €75/day), and Naorte Meeting Room (10–12 persons, €10/hour or €50.5/day). Free for park companies within contract limits; external entities pay rental fees.
• Business Incubator (#emprenbit) Business incubation program (#emprenbit) offering three models: a collaborative incubator (shared space for up to 10 entrepreneur teams), a physical incubator (private offices 30–50 m²), and a mentoring program tailored to project needs. Supports entrepreneurs from business validation through consolidation.
• Centre de Procés de Dades (CPD) — Data Processing Center Data processing center hosted at ParcBit providing critical infrastructure to guarantee security and continuity of public administration services for the Public Administrations of the Balearic Islands. Investment of 3.1 million euros with 1.7 million euros FEDER funding.
• Maintenance Services Maintenance services offered to companies within the park to cover their primary needs, generating additional recurring revenue for ParcBIT.

Quantifiable outcome

• 1,266 free parking spaces available for park users
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Enterprise Europe Network (EEN)coreStrategic or Co-development PartnerEuropean network providing innovation support, international collaboration opportunities, and business development services to companies at ParcBit.
• European Business and Innovation Centers Network (EBN)coreStrategic or Co-development PartnerNetwork of business and innovation centers providing access to best practices, peer learning, and collaborative opportunities for innovation support organizations.
• International Association of Science Parks (IASP)coreStrategic or Co-development PartnerGlobal network of science parks enabling knowledge sharing, international connections, and best practice exchange among technology parks worldwide.
• Smart Specialisation Platform S3minorStrategic or Co-development PartnerEuropean platform supporting smart specialization strategies and regional innovation development.
• EUROREGIÓ PIRINEUS-MEDITERRÀNIAminorStrategic or Co-development PartnerCross-border cooperation region linking territories across the Pyrenees-Mediterranean corridor for collaborative projects and economic development.
• Asociación Parques Científicos y Tecnológicos Españoles (APTE)coreStrategic or Co-development PartnerSpanish association of science and technology parks providing networking, representation, and support for member parks including ParcBit.
• Asociación Nacional de Centros Europeos de Empresas e Innovación (ANCES)coreStrategic or Co-development PartnerSpanish national association of European business and innovation centers supporting technology transfer and entrepreneurship.
• Red de Puntos de Información sobre I+D+i (CDTI)minorStrategic or Co-development PartnerNetwork providing information about R&D&i funding and support programs from CDTI (Centre for Industrial Technological Development).
• Associació balear d'empreses software, internet i noves tecnologies (GSBIT)coreStrategic or Co-development PartnerBalearic association of software, internet, and new technology companies offering networking and representation for tech sector in the islands.
• TuristecminorStrategic or Co-development PartnerTourism technology cluster based at ParcBit, representing companies specializing in technology solutions for the tourism sector.
• BalearsTminorStrategic or Co-development PartnerTourism and innovation cluster in the Balearic Islands, promoting technological innovation in the sector.
• CliQIBminorStrategic or Co-development PartnerInnovation cluster focused on health and life sciences in the Balearic Islands.
• BioibminorStrategic or Co-development PartnerBalearic biotechnology cluster supporting companies and research in biotechnology and life sciences.

Scale indicators5 records

Recent moves6 records

Direct peers

• Fundación Parque Científico de Murcia (PCMurcia): Spanish regional science park offering offices, laboratories, and incubation services to knowledge-based companies. Directly comparable to ParcBIT as a university-adjacent Spanish science park with shared infrastructure and a public-foundation operating model.
• Parc Científic de Barcelona (PCB): Science park affiliated with the University of Barcelona offering lab and office space, business incubation, and scientific platforms to biotech and tech companies. Comparable to ParcBIT as a Spanish university-adjacent science park with incubation and shared infrastructure for knowledge-based tenants.
• Parque Tecnológico de Andalucía (PTA): Technology park in Málaga, Spain, hosting more than 600 companies with on-site offices, labs, business services, and incubator programs. Closely comparable to ParcBIT as a regional Spanish science/technology park with similar infrastructure, incubation, and tenant-mix profile.

Broad incumbents

• Madrid Network (Cluster e Innovación): Madrid-region innovation and clustering organization linking companies, parks, and innovation centers. Comparable to ParcBIT/Fundació Bit in providing business support, European network access (EEN, EBN), and incubation services to technology SMEs.
• Barcelona Activa: Barcelona municipality's economic development agency operating coworking spaces, incubators, and innovation services. Comparable to ParcBIT/Fundació Bit as a public-sector operator of incubation, coworking, and innovation support aimed at startups and SMEs.
• 22@Barcelona: Barcelona's flagship innovation district, a 200-hectare urban tech and knowledge hub hosting companies, research centers, and universities. Highly comparable to ParcBIT as a Spanish innovation cluster with public backing, mixed-use offices, and strong European network integration.

Regional players

• Parque Tecnológico de Galicia (Tecnópole): Technology park in San Cibrao das Viñas (Ourense) operating as a science and technology park with incubation services and technology programs. Comparable to ParcBIT as a Spanish regional technology park providing shared infrastructure and innovation services to SMEs, but serving Galicia rather than the Balearics.

Others

• EBN (European Business and Innovation Centres Network): European network of business and innovation centers of which ParcBIT/Fundació Bit is a member. Relevant as an ecosystem partner and proxy comparable organization that supports innovation center operators across Europe.
• European Enterprise Promotion Awards (EEPA) network / EEN nodes: Enterprise Europe Network nodes provide innovation and internationalization services comparable to those delivered by ParcBIT/Fundació Bit through its EEN membership. Adjacent rather than directly competing.

Emerging players

• La Salle Technova Barcelona: Innovation hub of La Salle URL providing coworking, incubation, and accelerator programs for tech and digital ventures. Comparable to ParcBIT as a Barcelona-area innovation hub offering incubation and shared infrastructure, though privately operated by a university network.

Market position

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/fundaciobit
• YouTubeyoutube.com/user/IBITorg/videos?flow=grid&view=0&sort=dd
• Facebookfacebook.com/FundacioBit
• LinkedInlinkedin.com/company/parcbit
• Instagraminstagram.com/parcbit
• TikToktiktok.com/@fundaciobit

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ParcBIT