Country comparison
Switzerland vs Spain: startup funding compared
Since 2 June 2025, startups in Switzerland raised $3.3B across 128 rounds, 1.5 times Spain's $2.2B.
Capital raised running total by month
Where the money goes share of capital by sector
Switzerland
Spain
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | Switzerland | Spain |
|---|---|---|
| Founderful | 14 | · |
| Venture Kick | 10 | · |
| CDTI | · | 9 |
| Zürcher Kantonalbank | 9 | · |
| Kfund | · | 8 |
| High-Tech Gründerfonds | 7 | · |
| Creandum | 4 | 2 |
| Inveready | · | 6 |
| JME Ventures | · | 6 |
| Kibo Ventures | · | 6 |
| Kickfund | 6 | · |
| 4Founders Capital | · | 5 |
Startup hubs rounds and capital by city
Switzerland
Spain
Latest rounds
Questions
Which country raised more startup funding, Switzerland or Spain?
Switzerland. Since 2 June 2025, startups in Switzerland raised $3.3B across 128 rounds, against $2.2B across 145 rounds in Spain, 1.5 times more. That is 0.5% and 0.3% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in Switzerland and Spain?
128 rounds in Switzerland and 145 rounds in Spain since 2 June 2025, about 7 and 8 a month.
Are startup rounds bigger in Switzerland or Spain?
The median round is $7.5M in Switzerland and $3.5M in Spain, and the average round $25.7M 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 Switzerland?
The biggest startup rounds in Switzerland since 2 June 2025 are Oviva ($234M, Series D, 22 Jan 2026), Kandou AI ($225M, Series A, 23 Mar 2026) and Gravis Robotics ($200M, Series A, 17 Aug 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 Switzerland and Spain?
In Switzerland, AI ($1.1B, 33% of the capital), Health ($1.1B, 33%) and Climate & Energy ($358M, 11%) lead. In Spain, AI ($745M, 34% of the capital), Health ($391M, 18%) and Robotics & Hardware ($339M, 16%) lead.
Is Switzerland or Spain better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 61% of rounds in Switzerland and 57% in Spain. Switzerland recorded 53 Pre-Seed or Seed rounds and Spain 66 Pre-Seed or Seed rounds, with a median of $4.3M and $2.3M.
How much growth funding (Series B and later) goes to Switzerland and Spain?
Startups in Switzerland raised $1.3B in 17 Series B or later rounds, 40% of the country's capital. In Spain, $783M in 8 rounds, 36% of the capital.
Who are the most active startup investors in Switzerland?
Founderful (14 rounds, 11 led), Venture Kick (10 rounds, 1 led) and Zürcher Kantonalbank (9 rounds) are the most active investors in Switzerland.
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 Switzerland and Spain?
29 investors joined rounds in both countries. The most active: Creandum (4 in Switzerland, 2 in Spain), CDP Venture Capital (3 in Switzerland, 2 in Spain), redalpine (3 in Switzerland, 1 in Spain), Seedcamp (2 in Switzerland, 2 in Spain) and 2100 Ventures (2 in Switzerland, 2 in Spain).
Which cities lead startup funding in Switzerland and Spain?
Zurich leads Switzerland with $885M across 56 rounds, ahead of Basel ($689M). Barcelona leads Spain with $1B across 60 rounds, ahead of Madrid ($461M).
Which month brought the most startup funding?
In Switzerland, July 2025 ($459M). In Spain, June 2025 ($568M).
How much did startups in Switzerland and Spain raise in the last 90 days?
In the 90 days to 5 Nov 2026, startups in Switzerland raised $677M across 21 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.