Barcelona's Weekly Tech Update

By The Barcinno Team • Issue #598

Happy 2026! Hope you had a great start to the year. 

📊 We’re back with January’s usual startup funding recap from the previous year. This analysis aims to note key trends and patterns in flow, geographic concentration, and industry focus in BCN & Spain. 

Summary: Funding was front-loaded in the first half of the year. Total capital raised was significantly higher in the first two quarters, followed by a noticeable drop in the second half.

💰 We tracked over €3.5B total funding across Spain in 2025:

  • Q1 and Q2 accounted for the majority of total ES funding, with both reaching just under €1.4B each – BCN totaled €505M in Q1 & €415M in Q2

  • ES funding fell sharply in Q3 to around €400M and Q4 to €378M – strong investment momentum early in the year that did not sustain into the later quarters.

Barcelona leads in volume & invests in biotech, traveltech, fintech & AI: BCN led in deal volume with 125, totaling over €1.26B. Madrid secured slightly more capital than BCN, attracting over €1.58B (85 deals)

🏭 Top industries in BCN by funding 2025:

  • Biotech: €203M

  • Traveltech: €288M (thanks to TravelPerk’s €191M last Jan)

  • AI: €115M

  • Fintech: €60M

  • Spacetech: €53M

Top industries in BCN by rounds 2025:

  • AI: 26

  • Biotech: 14

  • Fintech: 15

  • Healthtech: 11

  • Traveltech: 7

Now on to the news – have a great week! ⭐️

Startup & Investment News

Barcelona investment news

Barcelona startup news

Spanish investment news

VC, investment & crowdfunding news

Open calls, accelerator news & incubator stories

Barcelona startup & entrepreneur profiles & interviews

  • B4Experience: The Catalan AI future of guided nature travel 

  • Blinkset: Turns any pair of glasses into an ally against the sun and wind

Tech & Business News

Tech news in Barcelona

Tech & big company news in Spain

Good Reads & Watches

Great Events

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