Happy 2026! Hope you had a great start to the year. |
📊 We’re back with January’s usual startup funding recap from the previous year. This analysis aims to note key trends and patterns in flow, geographic concentration, and industry focus in BCN & Spain. |
2025 funding takeaways & trends in BCN & Spain |
Summary: Funding was front-loaded in the first half of the year. Total capital raised was significantly higher in the first two quarters, followed by a noticeable drop in the second half. |
💰 We tracked over €3.5B total funding across Spain in 2025: |
Q1 and Q2 accounted for the majority of total ES funding, with both reaching just under €1.4B each – BCN totaled €505M in Q1 & €415M in Q2 ES funding fell sharply in Q3 to around €400M and Q4 to €378M – strong investment momentum early in the year that did not sustain into the later quarters.
|
Barcelona leads in volume & invests in biotech, traveltech, fintech & AI: BCN led in deal volume with 125, totaling over €1.26B. Madrid secured slightly more capital than BCN, attracting over €1.58B (85 deals) |
🏭 Top industries in BCN by funding 2025: |
|
Top industries in BCN by rounds 2025: |
AI: 26 Biotech: 14 Fintech: 15 Healthtech: 11 Traveltech: 7
|
Now on to the news – have a great week! ⭐️ |
Startup & Investment News |
Barcelona investment news |
|
Barcelona startup news |
|
Spanish investment news |
|
VC, investment & crowdfunding news |
|
Open calls, accelerator news & incubator stories |
|
Barcelona startup & entrepreneur profiles & interviews |
|
Tech & Business News |
Tech news in Barcelona |
|
Tech & big company news in Spain |
|
Good Reads & Watches |
|
Great Events |
This week: |
|
Upcoming: |
|
Got news or an event to share? Fill out this form. |
|