West Midlands
Metro area · United Kingdom · Pop. 2.9M
* 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.
Quarterly report
West Midlands's latest quarter in venture capital
VC raised by West 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 West Midlands-headquartered companies…
Largest rounds
Largest funding rounds in West Midlands
A live treemap of the largest VC rounds. Each cell is one round into West Midlands-headquartered companies, grouped by Dealroom sector.
Largest rounds in West Midlands - 2026
VC investment
How much venture capital flows into West Midlands
VC investment into West Midlands-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Academia
West Midlands's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to West Midlands.
Location comparison
How West Midlands stacks up
Compare West 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. West Midlands's row is highlighted (#12).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | London | $714B | 6.3× | 161 | $20.1B | 12K |
| 2 | East of England | $207B | 3.8× | 17 | $3B | 1,197 |
| 3 | Cambridge (UK) | $184B | 3.9× | 15 | $2.7B | 633 |
| 4 | North of England | $66.5B | 3.6× | 19 | $636.2M | 2,174 |
| 5 | South East England | $66.3B | 3.0× | 17 | $1.6B | 1,755 |
| 6 | Edinburgh | $41.7B | 8.2× | 2 | $358.7M | 443 |
| 7 | North West England | $32.2B | 2.8× | 12 | $288.6M | 1,144 |
| 8 | Oxford | $30.6B | 3.1× | 9 | $811.4M | 451 |
| 9 | Midlands | $30B | 6.5× | 7 | $517.5M | 928 |
| 10 | Yorkshire and the Humber | $27.3B | 6.0× | 6 | $224.8M | 612 |
| 11 | East Midlands | $22.6B | 5.8× | 4 | $107.3M | 404 |
| 16 | West Midlands | $8.5B | 4.4× | 4 | $414.9M | 554 |
More data
Explore Dealroom data →Get the full West Midlands ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.