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Top 13 Venture Capital Firms in Madrid in 2022

By 
Nicolás Cerdeira
 | 
Updated: 
November 3, 2022
 | 
Early StepsFundsPeopleProductFailureStoriesGrowthReviewsResourcesVC Firms

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The startup community has been growing in Madrid in recent years.

This has come along with an increase in the amount of money flowing from VCs into startups.

In this article, you can find a hand-picked list of venture capital firms in Madrid.

13 Venture Capital Firms in Madrid

1) Plug and Play Tech Center

Plug and Play Tech Center

Plug and Play provides an array of services including accelerators, mentorships, and capital to entrepreneurs of all backgrounds.

Details of the VC firm:

  • Country: USA, Canada, Brazil, United Arab Emirates, Netherlands, Belgium, Spain, Switzerland, Morocco, Germany, Turkey, South Africa, Italy, France, China, Japan, South Korea
  • City: Chicago, Cleveland, Detroit, São Paulo, Topeka, Toronto, Abu Dhabi, Amsterdam, Antwerp, Barcelona, Basel, Ben Guerir, Cairo, Geneva, Hamburg, Istanbul, Johannesburg, Madrid, Milan, Munich, Paris, Bangkok, Beijing, Kyōto, Ōsaka, Seoul, San Francisco
  • Started in: 2006
  • Founders: Ali Safavi, Jackie Hernandez, Saeed Amidi
  • Industries: DTC, Enterprise, Fintech, Food & Beverage, Healthcare, InsurTech, IoT, Media, Transportation, Hardware, Proptech & Real Estate, Supply Chain & Logistics, Climate & Sustainability, Travel & Hospitality, Agriculture, Energy
  • Stages: Early Stage, Series A, Series B, Series C
  • Minimum check size: $50,000
  • Maximum check size: $250,000
  • Number of investments: 1447
  • Number of exits: 140
  • Funds raised: $45,500,000
  • 3 remarkable investments: Truebill, Honey, Life360

You can find their website here.

You can send them an email at investment@plugandplaytechcenter.com.

2) Enterprise Ireland

Enterprise Ireland

Enterprise Ireland is a government organisation that provides investment support and opportunities for founders looking to build their businesses in Ireland.

Details of the VC firm:

  • Country: Ireland, Germany, Hungary, Denmark, France, Netherlands, Italy, Sweden, Spain, Czechia, United Kingdom, Belgium, Poland, Brazil, USA, Canada, United Arab Emirates, Australia, China, Japan, Singapore, Vietnam, India, South Korea, Saudi Arabia, Nigeria, South Africa, Kenya
  • City: Dublin, Düsseldorf, Budapest, Paris, Amsterdam, Milan, Stockholm, Madrid, Prague, London, Brussels, Warsaw, São Paulo, Austin, Toronto, New York, Dubai, Sydney, Hong Kong, Tokyo, Singapore, Ho Chi Minh City, Beijing, Mumbai, Seoul, Riyadh, Lagos, Johannesburg, Nairobi, Shannon, København
  • Started in: 1998
  • Industries: Life Sciences, Industrial
  • Stages: Pre-Seed, Seed, Series A, Series B, Series C
  • Maximum check size: €50,000
  • Number of investments: 686
  • Number of exits: 78
  • Funds raised: €216,100,000
  • 3 remarkable investments: Profitero, Immersive VR Education, Invinity Energy Systems PLC

You can find their website here.

You can send them an email at equitydept@enterprise-ireland.com.

3) Antler

Antler

Antler is a venture capital firm providing early-stage investments and global residency programs to support founders worldwide.

Details of the VC firm:

  • Country: Singapore, Germany, Netherlands, Denmark, Portugal, United Kingdom, Spain, Norway, France, Sweden, Australia, India, Vietnam, Indonesia, South Korea, Japan, USA, Canada, Kenya
  • City: Berlin, Amsterdam, Copenhagen, Lisbon, London, Madrid, Oslo, Stockholm, Paris, Bangalore, Ho Chi Minh City, Jakarta, Seoul, Tokyo, Austin, Boulder, New York, São Paulo, Toronto, Nairobi, Sydney
  • Started in: 2017
  • Founders: Magnus Grimeland,Fridtjof Berge, Dilan Mizrakli Landgraff, Vegard Medbo, Jussi Salovaara
  • Industries: AI & ML, Consumer, Crypto & Blockchain, Cybersecurity, E-Commerce, Fintech, SaaS, Gaming, Proptech & Real Estate, Internet & Mobile, Food & Beverage, Supply Chain & Logistics, Healthcare, Media
  • Stages: Pre-Seed, Seed, Early Stage
  • Number of investments: 365
  • Number of exits: 3
  • Funds raised: $82,200,000
  • 3 remarkable investments: ChatFood, Baselime, Genuine Taste

You can find their website here.

You can send them an email at hello@antler.co.

4) Caixa Capital

Caixa Capital

Caixa Capital Risc is a Spanish venture capital investing in three main themes: Information Technology, Life Sciences, and Industrial Technologies.

Details of the VC firm:

  • Country: Spain
  • City: Madrid, Barcelona
  • Started in: 2004
  • Founders: Xavier Álvarez Forn
  • Industries: Life Sciences, Climate & Sustainability, Industrial, AI & ML, Big Data & Analytics, IoT, Cybersecurity, Cloud, Enterprise, Fintech, InsurTech, Agriculture, Marketing, Supply Chain & Logistics
  • Stages: Seed, Series A
  • Minimum check size: €250,000
  • Maximum check size: €2,000,000
  • Number of investments: 320
  • Number of exits: 159
  • Funds raised: €181,100,000
  • 3 remarkable investments: iPronics, AlgaEnergy, Cebiotex

You can find their website here.

You can send them an email at protecciondatos@caixacapitalrisc.es.

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5) Eurazeo

Eurazeo

Eurazeo is an investment firm providing initial to Series C deals to digital services and technologies companies.

Details of the VC firm:

  • Country: USA, Brazil, United Kingdom, Spain, France, Luxembourg, Germany, Italy, Singapore, China, South Korea
  • City: New York, São Paulo, London, Madrid, Paris, Luxembourg, Frankfurt, Milan, Berlin, Singapore, Shanghai, Seoul
  • Started in: 2001
  • Founders: Michel David-Weill, Virginie Morgon
  • Industries: DTC, Cloud, Climate & Sustainability, Consumer, Enterprise, Healthcare, Fintech, Food & Beverage, Internet & Mobile, Industrial, Travel & Hospitality, Life Sciences, Proptech & Real Estate, Advertising, Marketing, SaaS
  • Stages: Early Stage, Series C, Seed, Series A, Series B
  • Number of investments: 220
  • Number of exits: 50
  • Funds raised: €3,250,000,000
  • 3 remarkable investments: Nest New York, Deezer, Gisou

You can find their website here.

You can send them an email at accueil@eurazeo.com.

6) Nauta Capital

Nauta Capital

With offices across Europe, Nauta Capital invests in B2B software companies from seed to series A.

Details of the VC firm:

  • Country: Spain
  • City: Madrid
  • Started in: 2016
  • Founders: Jose Del Barrio
  • Industries: Enterprise, SaaS, Deep Tech & Hard Science
  • Stages: Early Stage, Seed, Series A
  • Minimum check size: $1,000,000
  • Maximum check size: $3,000,000
  • Number of investments: 156
  • Number of exits: 34
  • Funds raised: $190,000,000
  • 3 remarkable investments: Cledara, Circular, Loyal Guru

You can find their website here.

You can send them an email at london@nautacapital.com.

7) The Venture City

The Venture City

The Venture City is a female-founded VC firm investing in early-stage startups across America and Europe.

Details of the VC firm:

  • Country: USA, Spain
  • City: Miami, Madrid
  • Started in: 2017
  • Founders: Laura González-Estéfani
  • Industries: Fintech, Advertising, Media, Marketing, SaaS, Mobility, Marketplace, Sports, Travel & Hospitality, Cybersecurity, Health & Wellness, Proptech & Real Estate, E-Commerce, Supply Chain & Logistics, Productivity, Gaming
  • Stages: Pre-Seed, Seed, Series A
  • Minimum check size: $100,000
  • Maximum check size: $4,000,000
  • Number of investments: 123
  • Number of exits: 11
  • Funds raised: $125,000,000
  • 3 remarkable investments: Bfore.Ai, Delitbee, Sturdy Exchange

You can find their website here.

You can send them an email at hello@theventure.city.

8) JME Capital

JME Capital

JME Venture Capital partners with Spanish founders since 2009.

Details of the VC firm:

  • Country: Spain
  • City: Madrid
  • Started in: 2009
  • Founders: Javier Alarcó
  • Industries: Fintech, Human Resources, Transportation, Productivity, Automation, Crypto & Blockchain, Supply Chain & Logistics
  • Stages: Early Stage, Seed, Series A
  • Number of investments: 89
  • Number of exits: 20
  • Funds raised: $115,300,000
  • 3 remarkable investments: Twenix, GoTrendier, Multiverse.com

You can find their website here.

You can send them an email at backme@jme.vc.

9) Mundi Ventures

Mundi Ventures

Mundi Venture is a global VC firm investing in companies targeting the Spanish-speaking market across the areas of technology, fintech, and B2B tech.

Details of the VC firm:

  • Country: Spain
  • City: Madrid, Barcelona
  • Started in: 2016
  • Founders: Rajeev Singh-Molares
  • Industries: InsurTech, Fintech, Deep Tech & Hard Science, Climate & Sustainability, Cybersecurity, Healthcare
  • Stages: Early Stage, Late Stage, Series A, Series B
  • Minimum check size: €5,000,000
  • Maximum check size: €10,000,000
  • Number of investments: 87
  • Number of exits: 8
  • Funds raised: €250,000,000
  • 3 remarkable investments: Element Insurance, Convelio, Betterfly

You can find their website here.

You can send them an email at contact@mundiventures.com.

10) Kibo

Kibo

Kibo Ventures is a Spanish venture capital firm financing tech startups in Europe.

Details of the VC firm:

  • Country: Spain, Portugal
  • City: Madrid, Lisbon, Barcelona
  • Started in: 2012
  • Founders: Aquilino Peña, Javier Torremocha, José María Amusátegui
  • Industries: Social, API, Fintech, Travel & Hospitality, Transportation, SaaS, Cloud, AI & ML, Big Data & Analytics, E-Commerce, Consumer, Enterprise, Proptech & Real Estate, Marketplace
  • Stages: Seed, Series A
  • Minimum check size: €2,000,000
  • Maximum check size: €5,000,000
  • Number of investments: 63
  • Number of exits: 20
  • Funds raised: €1,500,000,000
  • 3 remarkable investments: Trip4real, Jetlore, Captio

You can find their website here.

You can send them an email at hello@kiboventures.com.

11) Bonsai Venture Capital

Bonsai Venture Capital

Bonsai Venture Capital has been investing in early-stage companies since 1999.

Details of the VC firm:

  • Country: Turkey, Belgium, Spain, Saudi Arabia, Colombia
  • City: Riyadh, Brussels, Madrid, Istanbul, Bogotá, Medellín
  • Started in: 2006
  • Founders: Alfonso De León
  • Industries: Gaming, Fintech, Healthcare, Cybersecurity, Travel & Hospitality
  • Stages: Early Stage, Growth
  • Minimum check size: €250,000
  • Maximum check size: €2,500,000
  • Number of investments: 63
  • Number of exits: 38
  • Funds raised: €3,500,000
  • 3 remarkable investments: Frenetic, Signaturit, Miss Tipsi

You can find their website here.

12) Adara Ventures

Adara Ventures

Adara Ventures, based in Spain, supports European founders in building breakthrough solutions in the B2B market.

Details of the VC firm:

  • Country: Spain, Luxembourg
  • City: Madrid, Luxembourg
  • Started in: 2005
  • Founders: Alberto Gomez, Jesus Sainz, Nicolas Goulet
  • Industries: Cybersecurity, Deep Tech & Hard Science, Cloud, SaaS, Developer Tools, Devops
  • Stages: Early Stage, Seed
  • Number of investments: 60
  • Number of exits: 11
  • 3 remarkable investments: Bigle Legal, Carevelo, Freeverse.Io

You can find their website here.

You can send them an email at info@adara.vc.

13) Axon Partners Group

Axon Partners Group

Axon Partners Group is a sector-agonistic global investment firm since 2006.

Details of the VC firm:

  • Country: Spain
  • City: Madrid
  • Started in: 1999
  • Founders: Javier Cebrián Monereo
  • Industries: Energy, Healthcare, Life Sciences, Deep Tech & Hard Science
  • Stages: Early Stage
  • Number of investments: 50
  • Number of exits: 17
  • Funds raised: $40,000,000
  • 3 remarkable investments: Dogfy Diet, Billpocket, BYHOURS

You can find their website here.

You can send them an email at marketing@axonpartnersgroup.com.

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