Madrid, the capital of Spain, is one of the world’s most-visited tourist destinations. Besides this, the city is also one of the biggest startup hubs in Europe. The tech startup ecosystem in the city is backed by government initiatives, investors and entrepreneurial vision. Of late, the tech scene in the city has grown considerably, making it an innovative super hub.
Top VC deals in Madrid in Q2 2020
During the COVID-19 pandemic, the Spanish government deferred tax payments for both SMEs and self-employed to help the companies across industries that have been impacted badly due to the crisis. Despite this grim scenario brought about by the pandemic, several Madrid tech startups have secured funding from VC firms. And, here we list the top VC deals secured by Madrid tech startups in Q2 2020 as sourced by PitchBook.