Midlands
Metro area · United Kingdom · Pop. 11M
Enterprise value
How much Midlands’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Midlands, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
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.
Startup funnel
Midlands's startup funnel
Companies headquartered in Midlands at each stage today, by total VC raised. Hover a bar for the split.
Source: Dealroom.co
Quarterly report
Midlands's latest quarter in venture capital
VC raised by Midlands-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.
Latest complete quarter
Loading VC raised by Midlands-headquartered companies…
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
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.
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.
Combined enterprise value of each ecosystem.
Top cities in United Kingdom ranked by combined EV. Midlands's row is highlighted (#10).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | London | $726B | 5.6× | 165 | $20.1B | 12K |
| 2 | East of England | $206B | 3.5× | 17 | $3B | 1,203 |
| 3 | Cambridge (UK) | $182B | 3.6× | 15 | $2.6B | 636 |
| 4 | North of England | $68.3B | 3.6× | 19 | $631.4M | 2,180 |
| 5 | South East England | $65.3B | 2.9× | 17 | $1.6B | 1,765 |
| 6 | Edinburgh | $41.8B | 8.1× | 2 | $366.3M | 448 |
| 7 | North West England | $33.5B | 2.7× | 12 | $289.5M | 1,146 |
| 8 | Oxford | $30.3B | 3.0× | 9 | $830.8M | 458 |
| 9 | Yorkshire and the Humber | $28.2B | 6.3× | 6 | $225M | 614 |
| 10 | Midlands | $23.1B | 7.3× | 5 | $381M | 897 |
| 11 | Manchester | $21.4B | 2.5× | 9 | $152.4M | 623 |
| 12 | South West England | $19.4B | 2.5× | 5 | $455.1M | 875 |
More data
Explore Dealroom data →Get the full Midlands ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.