In recent years, Spain has emerged as a vibrant and dynamic player in the European startup ecosystem.
Venture Capital investment in Spain reached $3.4B in 2022, its second best year on record. While this is a small 11% drop from the peaks of 2021, it is still 3x larger than 2019.
Early to mid stage funding has been steadily growing, reaching an all time high in 2022 of $1.8B, up 2.4x from 2017.
Access early-stage funding rounds into Spanish startups here on the Dealroom platform.
Access breakout-stage funding rounds into Spanish startups here on the Dealroom platform.
Access scaleup-stage funding rounds into Spanish startups here on the Dealroom platform.
However, it's important to note that other hubs are emerging and on the rise across Spain such as Valencia and Bilbao in the Basque Country.
Among these, Adtech witnessed a significant 344% increase in investment, thanks to a mega-round into Seedtag in June 2022.
Biotechnology and Logistics & Delivery also experienced similar substantial growth in investments over the years.
Explore the data for the most active investors into the Spanish startup ecosystem as well as the most active Spanish investors here on the Dealroom platform.
Spain currently ranks within the top 10 countries in terms of VC investment in Europe alongside the likes of the Netherlands and Ireland.
Compare startup ecosystem metrics against its European and global counterparts down below or here on the Dealroom platform.
Spanish startup hubs such as Madrid and Barcelona rank in the top percentile of within the top 50 largest startup ecosystems for VC investment across Europe.
Compare Spanish city startup ecosystems against their European and global counterparts here on the Dealroom platform.
Reports: Spain startup ecosystem report 2023
Reports: Browse all Spanish ecosystem reports on Dealroom
Dealroom Data: Explore all funded Spanish startups and scaleups
Dealroom Data: Explore all Spanish funding rounds