Geo map · Region

Where startups in Southern Europe are based

2,490 funded startups in Southern Europe have raised money in rounds we track, $51B between them. 1,785 of them are placed on the map by their city; Barcelona leads with 394, then Madrid with 263.

2,490startups

160+cities on the map

$51Braised between them

Barcelonaleading city (394)

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

Leading cities

Barcelona394$4.3B
Madrid263$6.1B
Milan191$7.6B
Valencia71$377M
Lisbon55$534M
Rome52$1.1B
Milano47$789M
Turin43$151M
Athens40$1.9B
Porto22$110M
Bilbao17$455M
Limassol16$269M
San Sebastian15$856M
Sevilla13$101M
Alcobendas12$484M

By country

Spain1,334$27B
Italy803$18B
Portugal195$1.9B
Greece92$2.3B
Cyprus49$689M
Malta17$706M

Best-funded

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.

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RegionWhere startups in Europe are based22,758 startups RegionWhere startups in North America are based45,068 startups RegionWhere startups in East Asia are based4,721 startups RegionWhere startups in DACH are based3,096 startups RegionWhere startups in the Nordics are based2,274 startups RegionWhere startups in Latin America are based2,230 startups

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.

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