Who’s already investing in Catalonia?

Catalonia-based startups raised €1,479 million euros in 2021. This is 246% more than the investment volume attracted in 2020 and is the highest figure on record.

In fact, the volume of investment raised by Catalan startups in 2021 is 65% higher than in 2018, which until now was the highest figure in the series.

Barcelona, 4th European city in funding rounds

In 2021, a total of 207 rounds of investment were closed by Catalan startups. Thus, Barcelona ranks as the 4th EU city with the most rounds of funding closed last year, just behind Paris, Berlin, and Stockholm and ahead of Amsterdam or Munich.

As regards the investment volume captured by startups in 2021 in the EU, Barcelona, with 1,479 million euros, ranks 6th.

51% of this amount comes from rounds of over 100 million dollars (or 88 million euros), a figure that demonstrates the level of maturity in these types of projects in the Catalan startup ecosystem.

Likewise, the volume of other rounds in the lower sections (from 0 to 100 million dollars or 88 million euros) came to 724 million euros, which is also the highest figure on record for cumulative investments of these amounts.

Scale-ups and unicorns

According to Dealroom, Barcelona has become the EU’s 4th largest ecosystem in 2021 with the largest number of scale-ups (startups that have raised more than a million dollars in funding), behind only Paris, Berlin, and Stockholm and ahead of Amsterdam.

As regards the future, data today places Barcelona as the 7th hub for European Union startups in terms of future unicorns (tech companies valued at over $250 million but under $1 billion) with 15 companies.

Access more information on the latest investments in Catalan startups here.

Guy Nohra, investor at Alta Life Sciences

Barcelona has world-class science that needs to be invested in

Oscar Pierre, CEO at Glovo

Talent is our biggest asset. We are hiring a lot of senior talent in Barcelona and I couldn’t be more proud of how the tech ecosystem is evolving here. It is a great city not only to live, but to work and to start up your business.