Country comparison
United States vs Spain: startup funding compared
Since 2 June 2025, startups in the United States raised $487.4B across 2,833 rounds, 225.4 times Spain's $2.2B.
Capital raised running total by month
Where the money goes share of capital by sector
United States
Spain
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | United States | Spain |
|---|---|---|
| Y Combinator | 178 | · |
| Andreessen Horowitz | 130 | 1 |
| General Catalyst | 110 | 1 |
| Sequoia Capital | 94 | · |
| Lightspeed Venture Partners | 81 | · |
| Khosla Ventures | 77 | · |
| Alumni Ventures | 64 | · |
| Bessemer Venture Partners | 59 | · |
| Accel | 52 | · |
| Insight Partners | 51 | · |
| Kleiner Perkins | 49 | · |
| Menlo Ventures | 48 | · |
Startup hubs rounds and capital by city
United States
Spain
Latest rounds
Questions
Which country raised more startup funding, the United States or Spain?
The United States. Since 2 June 2025, startups in the United States raised $487.4B across 2,833 rounds, against $2.2B across 145 rounds in Spain, 225.4 times more. That is 70% and 0.3% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in the United States and Spain?
2,833 rounds in the United States and 145 rounds in Spain since 2 June 2025, about 157 and 8 a month.
Are startup rounds bigger in the United States or Spain?
The median round is $20M in the United States and $3.5M in Spain, and the average round $172M 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 United States?
The biggest startup rounds in the United States since 2 June 2025 are OpenAI ($122B, 31 Mar 2026), Anthropic ($65B, Series H, 28 May 2026) and Anthropic ($30B, Series G, 12 Feb 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 United States and Spain?
In the United States, AI ($381.8B, 78% of the capital), Robotics & Hardware ($25.4B, 5%) and Health ($21.5B, 4%) lead. In Spain, AI ($745M, 34% of the capital), Health ($391M, 18%) and Robotics & Hardware ($339M, 16%) lead.
Is the United States or Spain better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 57% of rounds in the United States and 57% in Spain. The United States recorded 883 Pre-Seed or Seed rounds and Spain 66 Pre-Seed or Seed rounds, with a median of $6M and $2.3M.
How much growth funding (Series B and later) goes to the United States and Spain?
Startups in the United States raised $232.3B in 711 Series B or later rounds, 48% of the country's capital. In Spain, $783M in 8 rounds, 36% of the capital.
Who are the most active startup investors in the United States?
Y Combinator (178 rounds, 16 led), Andreessen Horowitz (130 rounds, 65 led) and General Catalyst (110 rounds, 39 led) are the most active investors in the United States.
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 United States and Spain?
65 investors joined rounds in both countries. The most active: Andreessen Horowitz (130 in the United States, 1 in Spain), General Catalyst (110 in the United States, 1 in Spain), New Enterprise Associates (36 in the United States, 1 in Spain), CRV (26 in the United States, 1 in Spain) and Pear VC (24 in the United States, 1 in Spain).
Which cities lead startup funding in the United States and Spain?
San Francisco leads the United States with $133.5B across 529 rounds, ahead of New York ($26.1B). Barcelona leads Spain with $1B across 60 rounds, ahead of Madrid ($461M).
Which month brought the most startup funding?
In the United States, March 2026 ($133.9B). In Spain, June 2025 ($568M).
How much did startups in the United States and Spain raise in the last 90 days?
In the 90 days to 12 Nov 2026, startups in the United States raised $49.4B across 397 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.