Country comparison

Netherlands vs Spain: startup funding compared

Since 2 June 2025, startups in the Netherlands raised $4.9B across 154 rounds, 2.3 times Spain's $2.2B.

$4.9BCapital raised$2.2B
154Rounds145
$4.8MMedian round$3.5M
0.7%Share of all capital0.3%
53%Early-stage rounds57%

Capital raised running total by month

$4.9B$2.5B Netherlands, end of Jun 25: $268MNetherlands, end of Jul: $351MNetherlands, end of Aug: $367MNetherlands, end of Sept: $843MNetherlands, end of Oct: $1.3BNetherlands, end of Nov: $2BNetherlands, end of Dec: $2BNetherlands, end of Jan 26: $2.4BNetherlands, end of Feb: $2.7BNetherlands, end of Mar: $2.9BNetherlands, end of Apr: $3BNetherlands, end of May: $3.1BNetherlands, end of Jun: $3.6BNetherlands, end of Jul: $3.6BNetherlands, end of Aug: $3.7BNetherlands, end of Sept: $4.5BNetherlands, end of Oct: $4.6BNetherlands, end of Nov: $4.9BSpain, end of Jun 25: $568MSpain, end of Jul: $656MSpain, end of Aug: $690MSpain, end of Sept: $788MSpain, end of Oct: $874MSpain, end of Nov: $944MSpain, end of Dec: $1.1BSpain, end of Jan 26: $1.2BSpain, end of Feb: $1.2BSpain, end of Mar: $1.5BSpain, end of Apr: $1.7BSpain, end of May: $1.7BSpain, end of Jun: $2BSpain, end of Jul: $2BSpain, end of Aug: $2BSpain, end of Sept: $2.1BSpain, end of Oct: $2.2BSpain, end of Nov: $2.2B Jun 25SeptDecMarJunSept
NetherlandsSpain
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Where the money goes share of capital by sector

Netherlands

  • AI34%$1.6B
  • Other23%$1.1B
  • Enterprise software11%$539M
  • Climate & Energy9%$466M
  • Robotics & Hardware9%$450M
  • Fintech7%$343M

Spain

  • AI34%$745M
  • Health18%$391M
  • Robotics & Hardware16%$339M
  • Enterprise software15%$324M
  • Fintech5%$99.5M
  • Other5%$98.5M

Biggest rounds

Stage mix share of rounds

NetherlandsSpain
38%Pre-Seed and Seed46%
16%Series A12%
9%Series B5%
5%Series C and later1%
32%Other or undisclosed37%

Most active investors rounds joined

InvestorNetherlandsSpain
Invest-NL14·
Antler72
CDTI·9
Innovation Industries9·
EIC Fund62
Kfund·8
BOM7·
LUMO Labs61
Oost NL7·
Rabobank7·
Inveready·6
JME Ventures·6

Startup hubs rounds and capital by city

Netherlands

  • Amsterdam67$2.9B
  • Eindhoven15$624M
  • Rotterdam4$405M
  • Utrecht6$178M
  • Naarden2$73M
  • Veldhoven1$45.9M

Spain

  • Barcelona60$1B
  • Madrid35$461M
  • San Sebastián1$219M
  • Derio1$67M
  • Valencia10$59.9M
  • Paterna1$17.7M

Latest rounds

Questions

Which country raised more startup funding, the Netherlands or Spain?

The Netherlands. Since 2 June 2025, startups in the Netherlands raised $4.9B across 154 rounds, against $2.2B across 145 rounds in Spain, 2.3 times more. That is 0.7% and 0.3% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in the Netherlands and Spain?

154 rounds in the Netherlands and 145 rounds in Spain since 2 June 2025, about 9 and 8 a month.

Are startup rounds bigger in the Netherlands or Spain?

The median round is $4.8M in the Netherlands and $3.5M in Spain, and the average round $31.9M and $14.9M. The median shows the typical round; the average is pulled up by a few very large ones.

What is the biggest startup round in the Netherlands?

The biggest startup rounds in the Netherlands since 2 June 2025 are Wonderful ($550M, Series C, 2 Sept 2026), Picnic ($495M, Growth, 21 Nov 2025) and Nearfield Instruments ($380M, Series D, 22 Jun 2026).

What is the biggest startup round in Spain?

The biggest startup rounds in Spain since 2 June 2025 are Multiverse Computing ($219M, Series B, 12 Jun 2025), PLD Space ($209M, 5 Mar 2026) and Factorial ($150M, Series D, 3 Jun 2026).

Which sectors attract the most startup funding in the Netherlands and Spain?

In the Netherlands, AI ($1.6B, 34% of the capital), Enterprise software ($539M, 11%) and Climate & Energy ($466M, 9%) lead. In Spain, AI ($745M, 34% of the capital), Health ($391M, 18%) and Robotics & Hardware ($339M, 16%) lead.

Is the Netherlands or Spain better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 53% of rounds in the Netherlands and 57% in Spain. The Netherlands recorded 58 Pre-Seed or Seed rounds and Spain 66 Pre-Seed or Seed rounds, with a median of $2.1M and $2.3M.

How much growth funding (Series B and later) goes to the Netherlands and Spain?

Startups in the Netherlands raised $2.2B in 22 Series B or later rounds, 45% of the country's capital. In Spain, $783M in 8 rounds, 36% of the capital.

Who are the most active startup investors in the Netherlands?

Invest-NL (14 rounds, 4 led), Innovation Industries (9 rounds, 5 led) and Rabobank (7 rounds, 1 led) are the most active investors in the Netherlands.

Who are the most active startup investors in Spain?

CDTI (9 rounds), Kfund (8 rounds, 3 led) and Kibo Ventures (6 rounds, 3 led) are the most active investors in Spain.

Which investors back startups in both the Netherlands and Spain?

25 investors joined rounds in both countries. The most active: Antler (7 in the Netherlands, 2 in Spain), EIC Fund (6 in the Netherlands, 2 in Spain), LUMO Labs (6 in the Netherlands, 1 in Spain), Picus Capital (2 in the Netherlands, 3 in Spain) and General Catalyst (3 in the Netherlands, 1 in Spain).

Which cities lead startup funding in the Netherlands and Spain?

Amsterdam leads the Netherlands with $2.9B across 67 rounds, ahead of Eindhoven ($624M). Barcelona leads Spain with $1B across 60 rounds, ahead of Madrid ($461M).

Which month brought the most startup funding?

In the Netherlands, September 2026 ($835M). In Spain, June 2025 ($568M).

How much did startups in the Netherlands and Spain raise in the last 90 days?

In the 90 days to 9 Nov 2026, startups in the Netherlands raised $1.3B across 14 rounds and in Spain $141M across 12 rounds.

Where does this data come from?

FundraiseBase lists startup funding rounds from public announcements: press releases, company posts and news coverage, checked and updated every day. Amounts are in US dollars. Some rounds are never announced, so the figures show what was made public, not every round. Corrections are welcome.

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