Get Free Access to The Founder's Handbook

This free Notion document contains the best 100+ resources you need for building a successful startup, divided in 4 categories: Fundraising, People, Product, and Growth.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
The Founder's Handbook
Download Our Free Guide: The Perfect Pitch Deck

This free eBook goes over the 10 slides every startup pitch deck has to include, based on what we learned from analyzing 500+ pitch decks, including those from Airbnb, Uber and Spotify.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
The Perfect Pitch Deck
Download Our List of The Top 100 Accelerators & Incubators

This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries they generally invest in.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
100 Accelerators & Incubators
Download Our List of The Top 100 Venture Capital Firms

This free sheet contains 100 VC firms, with information about the countries, cities, stages, and industries they invest in, as well as their contact details.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
VC Firm Lead Magnet
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
100 Top Unicorns

Top 35 Venture Capital Firms in Spain (2026)

Description

CTA

Spain's startup scene is getting more attention, and for good reason. A growing number of venture capital firms are backing founders and helping build new companies across the country. You can see the activity in the numbers, with firms like Inveready funding over 270 companies and seeing more than 40 exits. Others, such as K Fund and Kibo Ventures, have each backed over 120 startups, showing a deep commitment to early-stage founders.

Below is our list of the best 35 VC firms in Spain.

Failory's Top 10 Picks

Fundraising OS
Tool
Fundraising OS

Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.

Buy It For $97 $297
Inveready Logo

As a leading alternative investor in Southern Europe, Inveready backs companies across diverse stages from seed to private equity. Their multi-strategy approach, covering everything from biotech to venture debt, has led to portfolio companies being acquired by giants like Intel, IBM, and Facebook.

HeadquartersSan Sebastian, Pais Vasco, Spain
Year Founded2008
FoundersJosep María Echarri, Roger Piqué Pijuan
Investment StageDebt, Early Stage, Private Equity, Secondary Market, Seed
Nº of Investments274 (118 as Lead Investor)
Nº of Exits44 (13 IPO'd)
Contactinfo@inveready.com / (931)807-263
K Fund Logo

2. K Fund

Focusing on the Spanish, Portuguese, and Latin American tech scenes, they provide early-stage venture investments for digital-first companies. Their mission is to advance the regional ecosystem by supporting founders from the earliest stages, with a portfolio that includes successes like Factorial.

HeadquartersMadrid, Madrid, Spain
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

Acurio Ventures is a European venture capital firm that backs visionary founders at the early stages, investing across a wide array of sectors and business models. The firm draws on its own entrepreneurial experience and a flexible investment strategy to help founders build their companies.

HeadquartersBilbao, Pais Vasco, Spain
Year Founded2017
FoundersAnder Michelena
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments102 (18 as Lead Investor)
Nº of Exits9
Contacthello@acurio.vc / +34 619528983

Grow Venture Partners provides seed funding for startups with a clear purpose and a scalable business model. Their model is built on Conscious Capitalism, offering founders dedicated coaching and training to ensure their personal growth aligns with their company's success.

HeadquartersBarcelona, Catalonia, Spain
Year Founded2022
FoundersDavid Balcells, Francisco Badia, Ignacio Sala, Marc Almendros, María Morales
Investment StageSeed
Nº of Investments21 (13 as Lead Investor)
Nº of Exits
Contactinfo@growventurepartners.com / +34 93 655 09 35

Backed by the Government of Catalonia's public financial institution, ICF Capital provides venture and growth capital to companies operating within the region. The firm manages public and private funds to stimulate local business development and strengthen the Catalan economy.

HeadquartersBarcelona, Catalonia, Spain
Year Founded2010
Founders
Investment StageDebt, Early Stage, Private Equity, Seed
Nº of Investments101 (16 as Lead Investor)
Nº of Exits11 (3 IPO'd)
Contactinfoifem@icf.cat

JME Ventures provides early-stage, seed, and Series A funding to startups in industries ranging from fintech and logistics to automation. Their support has helped build a portfolio with companies like Twenix, GoTrendier, and Multiverse.com.

HeadquartersMadrid, Madrid, Spain
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 invests in early-stage technology companies, teaming up with founders from the seed phase onward. Their approach is defined by a personal commitment to each venture, providing hands-on support to help build extraordinary companies.

HeadquartersMadrid, Madrid, Spain
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

8. 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.

HeadquartersMadrid, Madrid, Spain
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. The firm takes a hands-on role, following a stage-investment approach to provide ongoing financial support and promote co-investment as its companies grow.

HeadquartersMadrid, Madrid, Spain
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

Combining investment with consulting, Axon Partners Group supports technology and innovation companies across their entire lifecycle, from seed funding to post-IPO. This model provides portfolio companies in sectors like healthcare and deep tech with both the capital to grow and the strategic guidance to succeed.

HeadquartersMadrid, Madrid, Spain
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

25 Additional Spain VC Firms Worth Pitching

Our top picks represent some of the most active firms, but the list of investors backing Spanish startups is much longer. There are many other VCs writing checks and helping founders grow. Together, these additional firms have backed over 750 startups and guided more than 50 to an exit. Here’s a look at the rest of the venture capital firms funding what's next in Spain.

VC FirmYear FoundedNº InvestmentsNº Exits
Samaipata logo Samaipata2016715
Invivo Capital Partners logo Invivo Capital Partners2019211
Aldea Ventures logo Aldea Ventures2020292
Barlon Capital logo Barlon Capital202012
Bullnet Capital logo Bullnet Capital2001496
Alma Mundi Ventures logo Alma Mundi Ventures20151049
Draper B1 logo Draper B120101033
Bcombinator Venture Partners logo Bcombinator Venture Partners202157
EASO Ventures logo EASO Ventures201864
Galdana Ventures logo Galdana Ventures20151
Antai Ventures logo Antai Ventures2012366
Extension Fund logo Extension Fund2021252
Conexo Ventures logo Conexo Ventures2018273
Encomenda VC logo Encomenda VC2016694
Bewater Funds logo Bewater Funds2014251
Everwood Capital logo Everwood Capital2015
Corpfin Capital logo Corpfin Capital198972
Q-Impact logo Q-Impact1
Nuclio Venture Builder logo Nuclio Venture Builder2016132
Aurica Capital logo Aurica Capital2007132
Nekko Capital logo Nekko Capital2017163
Inception Capital logo Inception Capital2012163
AltamarCAM Partners logo AltamarCAM Partners20213
Blackpearl Capital Partners logo Blackpearl Capital Partners2015
tQuity logo tQuity201781

Description

CTA
The All-In-One Newsletter for Startup Founders

90% of startups fail. Learn how not to with our weekly guides and stories. Join +40,000 other startup founders!

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.