Midlands
Metro area · United Kingdom · Pop. 11M
* 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
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.
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 (#7).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | London | $713B | 5.6× | 161 | $21.3B | 11.5K |
| 2 | East of England | $205B | 3.4× | 17 | $3.1B | 1,161 |
| 3 | Cambridge (UK) | $180B | 3.6× | 15 | $2.6B | 598 |
| 4 | South East England | $61.6B | 2.8× | 16 | $1.8B | 1,696 |
| 5 | Edinburgh | $41.5B | 8.2× | 2 | $480.1M | 424 |
| 6 | North West England | $34B | 2.5× | 13 | $476.3M | 1,107 |
| 7 | Midlands | $30.5B | 5.8× | 7 | $688.5M | 909 |
| 8 | Oxford | $27.8B | 2.8× | 8 | $802.6M | 431 |
| 9 | Yorkshire and the Humber | $27.1B | 6.1× | 6 | $253.1M | 587 |
| 10 | East Midlands | $22.9B | 5.8× | 4 | $238.1M | 391 |
| 11 | Manchester | $22B | 2.2× | 9 | $182.1M | 599 |
| 12 | South West England | $20.6B | 2.6× | 5 | $455.5M | 865 |
Premium analytics
What we don't show on this page (yet)
Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Midlands dataset — or see a sample on the Dealroom app.
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.