# Where Startups in Europe Are Based: 2026 Map of 22,758 Companies

> Map of where 22,758 funded startups in Europe are based, city by city: London, Paris and Berlin lead. $592B raised between them.

Source: https://millionrounds.com/geo-maps/where-europe-startups-are-based (Millionrounds; every figure on the page links to its filing or article)

Each circle is a city, sized by how many startups are based there. Countries are shaded by their count.

## Leading cities

- London 3,518 $116B
- Paris 1,273 $33B
- Berlin 609 $20B
- Barcelona 394 $4.3B
- Stockholm 378 $15B
- Amsterdam 352 $8.6B
- Dublin 277 $8.4B
- Madrid 263 $6.1B
- Copenhagen 244 $3.5B
- Munich 218 $11B
- Helsinki 217 $3.7B
- Cambridge 213 $8.3B
- Milan 191 $7.6B
- Manchester 156 $2.3B
- Edinburgh 152 $3.1B

## By country

- United Kingdom 8,346 $255B
- France 3,022 $62B
- Germany 2,001 $67B
- Spain 1,334 $27B
- Netherlands 996 $27B
- Switzerland 890 $25B
- Sweden 879 $30B
- Italy 803 $18B
- Ireland 616 $15B
- Denmark 554 $8.1B
- Finland 501 $15B
- Belgium 421 $6.8B

## Best-funded

- [**Mistral AI** France · $7.5B](https://millionrounds.com/company/mistral-ai)
- [**Sizewell C** United Kingdom · $7.2B](https://millionrounds.com/company/sizewell-c)
- [*N* **Nscale** United Kingdom · $6.9B](https://millionrounds.com/company/nscale)
- [**Finastra** United Kingdom · $5.3B](https://millionrounds.com/company/finastra)
- [*N* **Northvolt** Sweden · $5.0B](https://millionrounds.com/company/northvolt)
- [**Nebius Group** Netherlands · $4.2B](https://millionrounds.com/company/nebius-group)
- [**Neura Robotics** Germany · $3.9B](https://millionrounds.com/company/neura-robotics)
- [**Helsing** Germany · $3.7B](https://millionrounds.com/company/helsing)
- [**ARGO AI** United Kingdom · $3.6B](https://millionrounds.com/company/argo-ai)
- [**VAROPreem** Switzerland · $3.3B](https://millionrounds.com/company/varopreem)
- [**OneWeb** United Kingdom · $3.3B](https://millionrounds.com/company/oneweb)
- [**Advanto** Czechia · $3.1B](https://millionrounds.com/company/advanto)

**How this map is made.** Every startup here has raised money in rounds we track. Each is placed at the city we hold for it, matched to that city's position in GeoNames (cities of 15,000 people or more; geonames.org, CC BY 4.0); startups without a city on record count in the totals but not on the map. Rebuilt nightly; updated 15 November 2026.

## More geo maps

[All geo maps](https://millionrounds.com/geo-maps)

[Region **Where startups in DACH are based** 3,096 startups](https://millionrounds.com/geo-maps/where-dach-startups-are-based)[Region **Where startups in Southern Europe are based** 2,490 startups](https://millionrounds.com/geo-maps/where-southern-europe-startups-are-based)[Region **Where startups in the Nordics are based** 2,274 startups](https://millionrounds.com/geo-maps/where-nordics-startups-are-based)[Region **Where startups in Benelux are based** 1,488 startups](https://millionrounds.com/geo-maps/where-benelux-startups-are-based)[Region **Where startups in Central and Eastern Europe are based** 958 startups](https://millionrounds.com/geo-maps/where-central-eastern-europe-startups-are-based)[Region **Where startups in the Baltics are based** 443 startups](https://millionrounds.com/geo-maps/where-baltics-startups-are-based)

## Raising where these startups are?

Find the investors who back startups in these cities, with their cheques, rounds and partners, in the app with filters, lists and exports.

[Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)