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Top 17 Venture Capital Firms in Madrid (2026)

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Madrid is quickly becoming a go-to spot for founders, and venture capital firms are taking notice. The city is home to a mix of established players and newer funds, all looking for the next big idea.

Firms like Kibo Ventures and K Fund have each backed over 120 companies, while JME Ventures has made more than 100 investments. For founders looking for funding, knowing who to approach is the first step.

Below is our list of the best 17 VC firms in Madrid.

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K Fund Logo

1. K Fund

K Fund provides early-stage and seed funding to digital-first startups in Spain, Portugal, and Latin America. The firm is dedicated to advancing the Spanish technology ecosystem by investing in its next generation of companies.

Year Founded2016
FoundersCarina Szpilka, Ian Noel, Iñaki Arrola
Investment StageEarly Stage, Seed
Nº of Investments123 (62 as Lead Investor)
Nº of Exits10
Contactinfo@kfund.vc

JME Ventures backs early-stage companies with seed and Series A funding, targeting sectors that include fintech, transportation, and supply chain logistics. Their portfolio features over 100 investments, including companies like Twenix, GoTrendier, and Multiverse.com, showcasing their role in helping founders scale from the earliest stages.

Year Founded2009
FoundersJavier Alarco
Total Funding$115.3M
IndustriesFintech, Human Resources, Transportation, Productivity, Automation, Crypto & Blockchain, Supply Chain & Logistics
Investment StageEarly Stage, Seed, Series A
Nº of Investments107 (40 as Lead Investor)
Nº of Exits8 (1 IPO'd)
Top Portfolio StartupsTwenix, GoTrendier, Multiverse.com
Contactbackme@jme.vc / +34 91 423 88 36

Big Sur Ventures teams up with founders at the seed stage, investing in technology-based companies. The firm's core value is its personal commitment, working closely alongside entrepreneurs to help build their businesses.

Year Founded2011
FoundersJosé Miguel Herrero, Manuel Mates Garcia
Investment StageEarly Stage, Seed
Nº of Investments75 (20 as Lead Investor)
Nº of Exits3
Contactinfo@bigsurventures.vc / +34 916237731
Seaya Logo

4. Seaya

Seaya is a European venture capital platform investing in entrepreneurs who are building global technology companies. The firm accelerates growth by providing access to its global platform and network, with experience scaling companies like Glovo, Cabify, and Wallbox.

Year Founded2013
FoundersBeatriz Gonzalez
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments94 (46 as Lead Investor)
Nº of Exits12 (1 IPO'd)
Contactinfo@seayaventures.com / +34 911 108 697

Kibo Ventures backs early-stage digital companies with committed teams aiming to capture large, international markets. They provide active, hands-on support and follow-on funding to help portfolio companies grow and scale.

Year Founded2012
FoundersAquilino Pena, Javier Torremocha
Total Funding€1.5B
Average Check Size€5M
IndustriesSocial, API, Fintech, Travel & Hospitality, Transportation, SaaS, Cloud, AI & ML, Big Data & Analytics, E-Commerce, Consumer, Enterprise, Proptech & Real Estate, Marketplace
Investment StageConvertible Note, Early Stage, Late Stage, Private Equity, Seed, Series A
Nº of Investments122 (34 as Lead Investor)
Nº of Exits21 (2 IPO'd)
Top Portfolio StartupsTrip4real, Jetlore, Captio
Contacthello@kiboventures.com / +34 910 55 48 01

Axon Partners Group employs a dual investment and consulting model to support technology companies from seed funding through post-IPO stages. Their global reach allows them to build a diverse portfolio in sectors like deep tech and healthcare, which includes companies like Dogfy Diet and Billpocket.

Year Founded2006
FoundersAlfonso de Leon, Francisco Velazquez, Pierluigi Paracchi
Total Funding$40M
IndustriesEnergy, Healthcare, Life Sciences, Deep Tech & Hard Science
Investment StageEarly Stage, Initial Coin Offering, Late Stage, Post-Ipo, Seed
Nº of Investments90 (52 as Lead Investor)
Nº of Exits14 (6 IPO'd)
Top Portfolio StartupsDogfy Diet, Billpocket, BYHOURS
Contactmaria.capote@axonpartnersgroup.com / +34 91 310 28 94
Samaipata Logo

Samaipata operates as a pan-European founders' fund, investing in seed-stage digital platforms with strong network effects. Drawing from their own entrepreneurial backgrounds, the team provides capital and guidance to help these platforms scale into market leaders.

Year Founded2016
FoundersEduardo Díez-Hochleitner, José del Barrio
Total Funding€200M
Average Check Size€750k
IndustriesMarketplace, E-Commerce, DTC, Consumer, Human Resources, Legal, Food & Beverage, SaaS, Enterprise
Investment StageEarly Stage, Seed, Pre-Seed, Series A
Nº of Investments71 (32 as Lead Investor)
Nº of Exits5
Top Portfolio StartupsGeomiq, Karmen, Fintecture

With a focus on the Spanish tech ecosystem, Bullnet Capital backs early-stage software and hardware companies with development capital. They support technology-oriented projects with investments typically ranging from €1 million to €2.5 million, often co-investing in larger rounds.

Year Founded2001
FoundersJavier Ulecia, Miguel del Cañizo
Investment StageEarly Stage
Nº of Investments49 (18 as Lead Investor)
Nº of Exits6
Contactjulecia@bullnetcapital.com

Alma Mundi Ventures backs B2B technology companies across Europe, with a dedicated fund for InsurTech startups from Series A to C. Supported by leading insurance corporations, they provide portfolio companies like Betterfly with access to a network of over 1,000 C-level executives.

Year Founded2015
FoundersJavier Santiso, Rajeev Singh-Molares
Total Funding€250M
Average Check Size€10M
IndustriesInsurTech, Fintech, Deep Tech & Hard Science, Climate & Sustainability, Cybersecurity, Healthcare
Investment StageConvertible Note, Early Stage, Late Stage, Secondary Market, Seed, Series A, Series B
Nº of Investments104 (45 as Lead Investor)
Nº of Exits9 (1 IPO'd)
Top Portfolio StartupsElement Insurance, Convelio, Betterfly
Contactcontact@mundiventures.com

Conexo Ventures funds early-stage B2B and B2B2C tech startups in Southern Europe and Latin America, preparing them for US market entry. They provide seed capital and a dedicated program to help founders scale their companies across the Atlantic.

Year Founded2018
Foundersdamien Balsan
Investment StageEarly Stage, Seed
Nº of Investments27 (9 as Lead Investor)
Nº of Exits3
Contactinfo@conexo.vc / +34 917 02 02 50

7 Additional Madrid VC Firms Worth Pitching

The city's funding scene extends well beyond our favorite picks. The firms we've gathered below have collectively made around 60 investments into local startups.

This variety gives founders more chances to find a partner that truly fits their company. Here are the other venture capital firms funding what's next in Madrid.

VC FirmYear FoundedNº InvestmentsNº Exits
Bewater Funds logo Bewater Funds2014251
Everwood Capital logo Everwood Capital2015
Corpfin Capital logo Corpfin Capital198972
Q-Impact logo Q-Impact1
Inception Capital logo Inception Capital2012163
AltamarCAM Partners logo AltamarCAM Partners20213
tQuity logo tQuity201781

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