Bilbao
Metro area · Spain · Pop. 1M
Largest rounds
Largest funding rounds in Bilbao
A live treemap of the largest VC rounds. Each cell is one round into Bilbao-headquartered companies, grouped by Dealroom sector.
Largest rounds in Bilbao - 2026
Startup funnel
Bilbao's power-law funnel
From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.
* Conversion rates are derived from current counts.
VC investment
How much venture capital flows into Bilbao
VC investment into Bilbao-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Notable companies
Top private companies in Bilbao
Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.
Academia
Bilbao's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Bilbao.
Location comparison
How Bilbao stacks up
Compare Bilbao with peers from the same country (Spain) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top cities in Spain ranked by combined EV. Bilbao's row is highlighted (#3).
More data
Explore Dealroom data →Get the full Bilbao ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.