Country comparison

Singapore vs Spain: startup funding compared

Since 2 June 2025, startups in Singapore raised $9.2B across 71 rounds, 4.3 times Spain's $2.2B.

$9.2BCapital raised$2.2B
71Rounds145
$10.5MMedian round$3.5M
1.3%Share of all capital0.3%
52%Early-stage rounds57%

Capital raised running total by month

$9.2B$4.6B Singapore, end of Jun 25: $80MSingapore, end of Jul: $317MSingapore, end of Aug: $353MSingapore, end of Sept: $373MSingapore, end of Oct: $422MSingapore, end of Nov: $478MSingapore, end of Dec: $915MSingapore, end of Jan 26: $3BSingapore, end of Feb: $3BSingapore, end of Mar: $3.3BSingapore, end of Apr: $3.4BSingapore, end of May: $3.4BSingapore, end of Jun: $7.9BSingapore, end of Jul: $8.9BSingapore, end of Aug: $9BSingapore, end of Sept: $9.2BSingapore, end of Oct: $9.2BSingapore, end of Nov: $9.2BSpain, 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
SingaporeSpain
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Where the money goes share of capital by sector

Singapore

  • Enterprise software71%$6.5B
  • AI13%$1.2B
  • Fintech6%$550M
  • Web35%$478M
  • Consumer2%$229M
  • Robotics & Hardware2%$143M

Spain

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

Biggest rounds

Stage mix share of rounds

SingaporeSpain
30%Pre-Seed and Seed46%
23%Series A12%
8%Series B5%
7%Series C and later1%
32%Other or undisclosed37%

Most active investors rounds joined

InvestorSingaporeSpain
CDTI·9
Kfund·8
Inveready·6
JME Ventures·6
Kibo Ventures·6
4Founders Capital·5
Adara Ventures·5
Bonsai Partners·5
Clave Capital·5
Enzo Ventures·5
Grow Venture Partners·5
Peak XV Partners41

Startup hubs rounds and capital by city

Singapore

  • Bengaluru1$450K

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, Singapore or Spain?

Singapore. Since 2 June 2025, startups in Singapore raised $9.2B across 71 rounds, against $2.2B across 145 rounds in Spain, 4.3 times more. That is 1.3% and 0.3% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in Singapore and Spain?

71 rounds in Singapore and 145 rounds in Spain since 2 June 2025, about 4 and 8 a month.

Are startup rounds bigger in Singapore or Spain?

The median round is $10.5M in Singapore and $3.5M in Spain, and the average round $130M 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 Singapore?

The biggest startup rounds in Singapore since 2 June 2025 are DayOne Data centers ($4.5B, Series C, 5 Jun 2026), DayOne Data Centers ($2B, Series C, 5 Jan 2026) and PixVerse ($439M, 14 Jul 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 Singapore and Spain?

In Singapore, Enterprise software ($6.5B, 71% of the capital), AI ($1.2B, 13%) and Fintech ($550M, 6%) lead. In Spain, AI ($745M, 34% of the capital), Health ($391M, 18%) and Robotics & Hardware ($339M, 16%) lead.

Is Singapore or Spain better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 52% of rounds in Singapore and 57% in Spain. Singapore recorded 21 Pre-Seed or Seed rounds and Spain 66 Pre-Seed or Seed rounds, with a median of $2.6M and $2.3M.

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

Startups in Singapore raised $7.4B in 11 Series B or later rounds, 81% of the country's capital. In Spain, $783M in 8 rounds, 36% of the capital.

Who are the most active startup investors in Singapore?

Vertex Ventures Southeast Asia & India (5 rounds, 5 led), Tin Men Capital (5 rounds, 4 led) and Peak XV Partners (4 rounds, 1 led) are the most active investors in Singapore.

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 Singapore and Spain?

8 investors joined rounds in both countries. The most active: Peak XV Partners (4 in Singapore, 1 in Spain), Antler (2 in Singapore, 2 in Spain), Shift4Good (2 in Singapore, 1 in Spain), FoodLabs (1 in Singapore, 2 in Spain) and General Catalyst (1 in Singapore, 1 in Spain).

Which cities lead startup funding in Singapore and Spain?

Bengaluru leads Singapore with $450K across 1 round. Barcelona leads Spain with $1B across 60 rounds, ahead of Madrid ($461M).

Which month brought the most startup funding?

In Singapore, June 2026 ($4.5B). In Spain, June 2025 ($568M).

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

In the 90 days to 5 Nov 2026, startups in Singapore raised $178M across 12 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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