Spanish startups have raised quite a chunk less so far this year than they did last year — $1.1bn in the first half of 2023, compared to $1.9bn for the same period last year. And even accounting for a reporting lag on deals, it's unlikely that a nearly $1bn shortfall will be made up. But that hasn’t stopped some of the country’s startups ramping up hiring in the last 12 months.
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