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Madrid

Metro area · Spain · Pop. 6.7M

A public taster of the full Madrid ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

1,104 Pool of Funded Startups
New Startups
342 Annual Startups FoundedAll new ventures
116 Annual Startups FundedReceived investment
get funded 34%
976Startups
482 Pre-Seed Startups$100K–1M
326 Seed Startups$1–4M
Pre-Seed to Seed 28%
168 Series A Startups$4–15M
Seed to Series A 32%
104Breakouts
73 Series B Breakouts$15–40M
A to Series B 36%
31 Series C Breakouts$40–100M
B to Series C 33%
24Scaleups
15 Mega Scaleups$100–250M
reach Mega 1.4%
9 Mega+ Scaleups$250M+
reach Mega+ 0.82%
9Valuation Outcomes
9 Unicorns($1–10B valuation)
reach Unicorn 0.82%
Pre-Seed
482
Seed
326
Series A
168
Series B
73
Series C
31
Unicorn
9

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Largest rounds

Largest funding rounds in Madrid

A live treemap of the largest VC rounds. Each cell is one round into Madrid-headquartered companies, grouped by Dealroom sector.

Largest rounds in Madrid - 2026

Every $15M+ VC round into Madrid-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
Live from Dealroom API Open full VC dashboard

VC investment

How much venture capital flows into Madrid

VC investment into Madrid-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Academia

Madrid's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Madrid.

University-linked startup formation
365
University spinouts
2,207
Total alumni-founded companies
1,662
Of which startups (<$15M raised)
450
Breakouts ($15M-100M)
95
Scaleups ($100M+)

Location comparison

How Madrid stacks up

Compare Madrid 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.

Madrid
$47.3B
Barcelona
$40.3B
Bilbao
$1.8B
Seville
$1B
Málaga
$650.2M
Tarragona
$206.2M

Combined enterprise value of each ecosystem.

More data

Explore Dealroom data →
Country Spain Europe · Pop. 48.8M · #21 startup ecosystem by EV Region Europe Continent / region · #7 region by EV

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