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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Buy It For $97 $297 →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 Founded | 2016 |
| Founders | Carina Szpilka, Ian Noel, Iñaki Arrola |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 123 (62 as Lead Investor) |
| Nº of Exits | 10 |
| Contact | info@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 Founded | 2009 |
| Founders | Javier Alarco |
| Total Funding | $115.3M |
| Industries | Fintech, Human Resources, Transportation, Productivity, Automation, Crypto & Blockchain, Supply Chain & Logistics |
| Investment Stage | Early Stage, Seed, Series A |
| Nº of Investments | 107 (40 as Lead Investor) |
| Nº of Exits | 8 (1 IPO'd) |
| Top Portfolio Startups | Twenix, GoTrendier, Multiverse.com |
| Contact | backme@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 Founded | 2011 |
| Founders | José Miguel Herrero, Manuel Mates Garcia |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 75 (20 as Lead Investor) |
| Nº of Exits | 3 |
| Contact | info@bigsurventures.vc / +34 916237731 |
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 Founded | 2013 |
| Founders | Beatriz Gonzalez |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 94 (46 as Lead Investor) |
| Nº of Exits | 12 (1 IPO'd) |
| Contact | info@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 Founded | 2012 |
| Founders | Aquilino Pena, Javier Torremocha |
| Total Funding | €1.5B |
| Average Check Size | €5M |
| Industries | Social, API, Fintech, Travel & Hospitality, Transportation, SaaS, Cloud, AI & ML, Big Data & Analytics, E-Commerce, Consumer, Enterprise, Proptech & Real Estate, Marketplace |
| Investment Stage | Convertible Note, Early Stage, Late Stage, Private Equity, Seed, Series A |
| Nº of Investments | 122 (34 as Lead Investor) |
| Nº of Exits | 21 (2 IPO'd) |
| Top Portfolio Startups | Trip4real, Jetlore, Captio |
| Contact | hello@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 Founded | 2006 |
| Founders | Alfonso de Leon, Francisco Velazquez, Pierluigi Paracchi |
| Total Funding | $40M |
| Industries | Energy, Healthcare, Life Sciences, Deep Tech & Hard Science |
| Investment Stage | Early Stage, Initial Coin Offering, Late Stage, Post-Ipo, Seed |
| Nº of Investments | 90 (52 as Lead Investor) |
| Nº of Exits | 14 (6 IPO'd) |
| Top Portfolio Startups | Dogfy Diet, Billpocket, BYHOURS |
| Contact | maria.capote@axonpartnersgroup.com / +34 91 310 28 94 |
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 Founded | 2016 |
| Founders | Eduardo Díez-Hochleitner, José del Barrio |
| Total Funding | €200M |
| Average Check Size | €750k |
| Industries | Marketplace, E-Commerce, DTC, Consumer, Human Resources, Legal, Food & Beverage, SaaS, Enterprise |
| Investment Stage | Early Stage, Seed, Pre-Seed, Series A |
| Nº of Investments | 71 (32 as Lead Investor) |
| Nº of Exits | 5 |
| Top Portfolio Startups | Geomiq, 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 Founded | 2001 |
| Founders | Javier Ulecia, Miguel del Cañizo |
| Investment Stage | Early Stage |
| Nº of Investments | 49 (18 as Lead Investor) |
| Nº of Exits | 6 |
| Contact | julecia@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 Founded | 2015 |
| Founders | Javier Santiso, Rajeev Singh-Molares |
| Total Funding | €250M |
| Average Check Size | €10M |
| Industries | InsurTech, Fintech, Deep Tech & Hard Science, Climate & Sustainability, Cybersecurity, Healthcare |
| Investment Stage | Convertible Note, Early Stage, Late Stage, Secondary Market, Seed, Series A, Series B |
| Nº of Investments | 104 (45 as Lead Investor) |
| Nº of Exits | 9 (1 IPO'd) |
| Top Portfolio Startups | Element Insurance, Convelio, Betterfly |
| Contact | contact@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 Founded | 2018 |
| Founders | damien Balsan |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 27 (9 as Lead Investor) |
| Nº of Exits | 3 |
| Contact | info@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.