Spain startup funding
European tech funding profile
2,542 startups in Spain have closed 3,641 funding rounds and raised €24B in equity funding (excluding debt and grants) and recorded 426 exits. Debt rounds added €4.1B. Software is the most active sector, and ENISA is the most active investor. Data as of 6 Nov 2026.
#7 in Europe by equity raised — 3.9% of all European startup equity funding.
Equity funding
€24B
excl. debt & grants · +€4.1B debt
Funding rounds
3,641
Companies
2,542
Named investors
3,201
Exits
426
Funding over time
2010–2026 · 2026 YTD — equity € raised vs roundsSpain — funding over time — interactive chart.
Data table
| Equity | Rounds | |
|---|---|---|
| 2010 | €64M | 34 |
| 2011 | €96M | 64 |
| 2012 | €107M | 106 |
| 2013 | €137M | 135 |
| 2014 | €285M | 150 |
| 2015 | €523M | 202 |
| 2016 | €565M | 187 |
| 2017 | €825M | 179 |
| 2018 | €1.2B | 115 |
| 2019 | €1.3B | 192 |
| 2020 | €1.1B | 270 |
| 2021 | €4.4B | 386 |
| 2022 | €3.3B | 409 |
| 2023 | €1.8B | 348 |
| 2024 | €2.3B | 262 |
| 2025 | €2.8B | 270 |
| 2026 | €3.3B | 235 |
AI analysis mentioning Spain
AI-generated · figures verified · not investment adviceGeography90 days to 2026-10-29
Spain funding rises 53% as deal count falls
Spain's capital raised increased from €1.1B to €1.7B, a 53% rise, even as deal count fell from 80 to 56 in the same comparison.
SpainRead full →
Pulse
ID Finance secures €545M in Spain
Spanish fintech ID Finance closed a €545M round on 13 October 2026, the largest round in Spain's 30-day window and the second-largest across Europe in that period, behind only Nscale's debt financing.
ID FinanceSpainRead full →
Top performing sectors
by € raised| Fintech | €4.3B | |
| Transportation | €3.0B | |
| Software | €2.9B | |
| Travel | €2.3B | |
| Healthtech | €2.3B | |
| HRtech | €2.1B |
Top sectors
by deal countSpain — top sectors — interactive chart.
Data table
| Spain — top sectors | |
|---|---|
| Software | 698 |
| Healthtech | 409 |
| Fintech | 397 |
| E-commerce | 219 |
| Transportation | 219 |
| Travel | 182 |
| Marketing | 159 |
| Proptech | 130 |
| Foodtech | 129 |
| Edtech | 123 |
Stage mix
by € raisedSpain — stage mix — interactive chart.
Data table
| Spain — stage mix | |
|---|---|
| Other | €12B |
| Debt | €4.1B |
| Series B | €3.5B |
| Series D+ | €2.7B |
| Series A | €2.7B |
| Series C | €2.1B |
| Seed | €1.0B |
| Early VC | €279M |
| Growth/Late | €172M |
| Pre-Seed | €135M |
| Grant | €58M |
| Crowdfunding | €48M |
| ICO | €7.5M |
Top deals
largest disclosed rounds| Company | Stage | Date | Amount |
|---|---|---|---|
| ID Finance | Other | Oct 2026 | €545M |
| Jobandtalent | Series D+ | Dec 2021 | €508M |
| Masmovil | Debt | Aug 2016 | €481M |
| Clikalia | Series B | Dec 2021 | €460M |
| Glovo | Series D+ | Mar 2021 | €450M |
| Letgo | Other | Aug 2018 | €431M |
| Sequra | Other | Nov 2024 | €410M |
| IGNIS | Debt | Sep 2023 | €335M |
| Perk (formerly TravelPerk) | Debt | Jun 2026 | €258M |
| SEEDtag | Other | Jul 2022 | €250M |
Top investors
named, by deal count| ENISA | 114 |
| Inveready | 92 |
| Caixa Capital Risc | 78 |
| Cabiedes & Partners | 74 |
| Wayra | 70 |
| JME Ventures | 70 |
| Kibo Ventures | 66 |
| KFund | 66 |
| CDTI | 55 |
| Seaya Ventures | 50 |
Top cities
by € raised| Barcelona | €12B | 1,322 | |
| Madrid | €9.6B | 1,070 | |
| Valencia | €819M | 253 | |
| Elche | €724M | 21 | |
| San Sebastián de los Reyes | €648M | 3 | |
| Cambridge | €522M | 5 | |
| Donostia-San Sebastián | €308M | 11 | |
| Seville | €203M | 36 |