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Midlands

Metro area · United Kingdom · Pop. 11M

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

785 Pool of Funded Startups

New Startups

299 Annual Startups FoundedAll new ventures

69 Annual Startups FundedReceived investment

get funded 23%

716Startups

369 Pre-Seed Startups$100K–1M

197 Seed Startups$1–4M

Pre-Seed to Seed 18%

150 Series A Startups$4–15M

Seed to Series A 29%

61Breakouts

48 Series B Breakouts$15–40M

A to Series B 22%

13 Series C Breakouts$40–100M

8Scaleups

3 Mega Scaleups$100–250M

reach Mega 0.38%

5 Mega+ Scaleups$250M+

reach Mega+ 0.64%

7Valuation Outcomes

6 Unicorns($1–10B valuation)

reach Unicorn 0.76%

1 Decacorns($10–100B valuation)

reach Decacorn 0.13%

Pre-Seed

369

Seed

197

Series A

150

Series B

Series C

Unicorn

Decacorn

* 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 Midlands

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

Largest rounds in Midlands - 2026

Every $15M+ VC round into Midlands-headquartered companies in 2026, grouped by Dealroom sector.

- rounds · - raised

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VC investment

How much venture capital flows into Midlands

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

Academia

Midlands's academic flywheel

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

University-linked startup formation

286

University spinouts

1,594

Total alumni-founded companies

1,176

Of which startups (<$15M raised)

320

Breakouts ($15M-100M)

Scaleups ($100M+)

Location comparison

How Midlands stacks up

Compare Midlands with peers from the same country (United Kingdom) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

South East England

$67.4B

Edinburgh

$41.9B

North West England

$33.8B

Midlands

$30.1B

Oxford

$29.6B

Yorkshire and the Humber

$27.3B

East Midlands

$23B

Manchester

$21.7B

South West England

$19.4B

Combined enterprise value of each ecosystem.

Top cities in United Kingdom ranked by combined EV. Midlands's row is highlighted (#7).

#	Ecosystem	Combined EV	EV growth	Unicorns	VC invested	Tracked startups
1	London	$718B	5.6×	160	$20.1B	11.8K
2	East of England	$205B	3.5×	17	$3B	1,188
3	Cambridge (UK)	$181B	3.6×	15	$2.5B	622
4	South East England	$67.4B	2.6×	17	$1.6B	1,738
5	Edinburgh	$41.9B	8.3×	2	$358.7M	440
6	North West England	$33.8B	2.5×	13	$285.6M	1,136
7	Midlands	$30.1B	6.5×	7	$517.6M	919
8	Oxford	$29.6B	3.0×	9	$817.2M	452
9	Yorkshire and the Humber	$27.3B	6.0×	6	$223.4M	605
10	East Midlands	$23B	5.9×	4	$107.3M	400
11	Manchester	$21.7B	2.2×	9	$147.7M	616
12	South West England	$19.4B	2.5×	5	$422.3M	876

More data

Explore Dealroom data →

Country United Kingdom Europe · Pop. 69.2M · #3 startup ecosystem by EV Region Europe Continent / region · #7 region by EV

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