Top 17 Venture Capital Firms in Madrid (2026)

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.

Failory's Top 10 Picks

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.

2. JME Ventures

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.

3. Big Sur Ventures

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.

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.

5. Kibo Ventures

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.

6. Axon Partners Group

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.

7. Samaipata

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.

8. Bullnet Capital

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.

9. Alma Mundi Ventures

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.

10. Conexo Ventures

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.

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 Firm	Year Founded	Nº Investments	Nº Exits
Bewater Funds	2014	25	1
Everwood Capital	2015	—	—
Corpfin Capital	1989	7	2
Q-Impact	—	1	—
Inception Capital	2012	16	3
AltamarCAM Partners	2021	3	—
tQuity	2017	8	1