30 Best Active Seed Investors in Spain in 2025

The tech ecosystem in Spain has shown resiliency in spite of the crisis. To celebrate that, we compiled a list of the top investors in Germany, showcasing those who've demonstrated exceptional acumen, vision, and commitment to fostering innovation in the region.


This list is the result of tracking investment activity across +2,500 venture capital investors in Europe, and only includes funds that have invested in at least 5 startups in Spain in the past 12 months (not just investors with offices in Spain). Whether you're a budding entrepreneur seeking the right funding partner, an investor looking for co-investment opportunities, or simply curious about the financial powerhouses investing in Spain, this list provides invaluable insights into the region.


Last update to the database: Apr 22, 2025. See changelog.


Icon Investor Rankings are calculated using our Seedtable Score – a 1 to 100 score that uses quantitative and qualitative data points (like the size of their fund or the quality of the companies they invested in) to signal the strength behind an investor. A score closer to 100 indicates an investor is worth watching closely.

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List of 30 top Spain VCs

Sequoia Capital is a venture capital firm that has invested in companies like Google, Apple, Cisco, YouTube, AirBnB, and WhatsApp. The firm was founded in 1972 by Donald Valentine, and companies backed by Sequoia have created over $3.3 trillion dollars in market capitalization.

50

Offices:

No data available

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Spain:

No data available

Sequoia Capital is a venture capital firm that has invested in companies like Google, Apple, Cisco, YouTube, AirBnB, and WhatsApp. The firm was founded in 1972 by Donald Valentine, and companies backed by Sequoia have created over $3.3 trillion dollars in market capitalization.

50

Offices:

San Mateo (HQ)

London

San Mateo (HQ)

London

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Series F, Unknown

Check Size:

$2.5M - $500M

Industries:

FinTech, Gaming, AI

Top investments in Spain:

Pennylane (
67)
, Klarna (
65)
, tacto (
60)

Kibo Ventures is a venture capital fund based in Madrid that invests in early-stage companies. Typical investments range from $2 million to $5 million. They focus on industries such as technology, healthcare, and entertainment, supporting companies in areas like cybersecurity, AI, and fintech. Notable portfolio companies include Exoticca and Acurable. Kibo Ventures aims to help startups grow and succeed by providing the necessary capital and support.

40

Offices:

Madrid (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Unknown

Check Size:

$100k - $500M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Spain:

TIER Mobility (
70)
, Onum (
63)
, Exoticca (
56)

Elaia is a venture capital fund based in Paris that supports companies from early to growth stages. They invest between $300,000 and $15 million in sectors such as health tech, AI, cybersecurity, and fintech. Their portfolio includes companies like FlexAI, Aqemia, and HarfangLab. Focused on digital and deep tech startups, Elaia helps businesses grow and develop.

38

Offices:

Paris (HQ)

Toulouse

Barcelona

Tel Aviv

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Unknown

Check Size:

$500k - $1B

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Spain:

Mirakl (
60)
, Ornikar (
60)
, Continuity (
60)

JME Ventures, based in Madrid, is a venture capital fund that invests in early-stage Spanish tech companies, from pre-seed to series B. They support various industries, including healthcare, fintech, and mobility. Their goal is to help tech startups grow with financial backing and strategic support. Notable investments include TaxDown, Harbiz, Ritmo, PLD Space, and Flanks, demonstrating their commitment to fostering innovation and growth in the tech ecosystem.

33

Offices:

Madrid (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series B, Unknown

Check Size:

$100k - $100M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Spain:

Ritmo (
56)
, TaxDown (
56)
, Lingokids (
52)

Bonsai Partners is a venture capital fund based in Madrid. They invest in tech startups at all stages, focusing on industries such as Community & Lifestyle, Fintech, and AI. Notable investments include Refurbed and Lookiero. They provide funding through both primary and secondary opportunities in Europe with flexible check sizes.

30

Offices:

Madrid (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Series D, Unknown

Check Size:

$100k - $70M

Industries:

Climate Tech & Green Tech, FinTech, Crypto & web3

Top investments in Spain:

Casavo (
60)
, Exoticca (
56)
, Glovo App (
56)

Valencia Institute of Finance is a venture capital fund based in Valencia that supports early-stage startups in sectors such as space technology and manufacturing. Their investment in PLD Space highlights their focus on high-impact industries. Backed by Generalitat Valenciana, the fund connects promising startups with essential resources, helping shape future technologies and serving as a crucial bridge for companies taking their first big steps.

30

Offices:

Valencia

Investment Stage:

Seed

Check Size:

$2.5M - $5M

Industries:

Space Tech, Manufacturing

Top investments in Spain:

PLD Space (
48)

A Madrid-based venture capital firm that invests in digital platforms and marketplaces across Europe

29

Offices:

London (HQ)

Madrid

Paris

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Unknown

Check Size:

$100k - $50M

Industries:

Climate Tech & Green Tech, Health Tech, FinTech

Top investments in Spain:

Fintecture (
56)
, Matera (
56)
, Veremark (
52)

K Fund is a venture capital fund based in Madrid, supporting founders in Southern Europe and Latin America from Seed to Series B stages with investments ranging from €100,000 to €10 million. It focuses on industries such as technology, healthcare, and finance. Notable investments include Factorial HR, Exoticca, and Bdeo. K Fund aims to help businesses grow by providing financial backing and industry expertise.

28

Offices:

Madrid (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Unknown

Check Size:

$100k - $100M

Industries:

Health Tech, Edtech, FinTech

Top investments in Spain:

Factorial (
65)
, Exoticca (
56)
, Abacum (
41)

Myelin VC is an investing in companies that accelerate collective intelligence founded by Cesar Levene.

28

Offices:

Madrid (HQ)

Investment Stage:

Seed

Check Size:

$5M - $10M

Industries:

Health Tech, Fitness, Investment

Top investments in Spain:

Apryl (
37)

Invivo Capital Partners is a venture capital fund based in Barcelona that invests in early-stage biotech and health tech companies. They support startups in the seed and series A stages with investments ranging from €500,000 to €4,000,000. Notable investments include OneChain Immunotherapeutics, Corteria Pharmaceuticals, and EsoBiotec. Their focus is on businesses developing innovative healthcare solutions, including biotech, medical devices, and e-health. They aim to help these companies grow and bring new healthcare advancements to market.

28

Offices:

Barcelona (HQ)

Investment Stage:

Seed, Series A

Check Size:

$2.5M - $20M

Industries:

Health Tech, Biotech

Top investments in Spain:

Corteria Pharmaceuticals (
60)
, OneChain Immunotherapeutics (
41)
, EsoBiotec (
33)

Nauta Capital is a London-based company founded in 2004 that invests in early-stage technology companies

26

Offices:

London (HQ)

Barcelona

Berlin

Investment Stage:

Debt Financing, Pre Seed, Seed, Series A, Series B, Unknown

Check Size:

$100k - $30M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Spain:

Mindflow (
60)
, Scytl (
56)
, Lodgify (
52)

Seaya Ventures is a Madrid-based venture capital fund investing in early and growth-stage tech companies. They provide funding between $2 million and $8 million across various industries, including real estate tech, ecommerce, fintech, health tech, and AI. Notable investments include Fracttal, CrowdFarming, Aegir Insights, Cafler, and Movo. Seaya Ventures aims to support businesses from pre-seed to series D, helping them scale and succeed.

26

Offices:

Madrid (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Series D, Unknown

Check Size:

$100k - $250M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Spain:

Cabify (
56)
, Resilience (
56)
, Alma (
50)

BREEGA CAPITAL is a company founded in 2013 by François Paulus, Maximilien Bacot and Ben Marrel.

24

Offices:

Paris (HQ)

London

Barcelona

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Unknown

Check Size:

$2.5M - $100M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Spain:

Curve (
60)
, Entalpic (
60)
, Libeo (
52)

Mundi Ventures is a venture capital company founded in 2015.

24

Offices:

Madrid (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series B, Series C, Unknown

Check Size:

$100k - $1B

Industries:

Climate Tech & Green Tech, Health Tech, FinTech

Top investments in Spain:

BizAway (
60)
, wefox (
60)
, Element Insurance (
60)

Plug and Play Spain is a venture capital fund based in Paterna, investing in startups at various stages from pre-seed to series C, with check sizes ranging from €50,000 to €1,000,000. They focus on industries such as data analytics, health tech, fintech, and AI. Notable investments include Tuum, iCustoms, Sunsave, Onfido, and Paysend. Plug and Play Spain connects promising startups with leading corporations to accelerate growth, acting as a bridge between emerging companies and established industry leaders.

24

Offices:

Paterna (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series C, Unknown

Check Size:

$100k - $50M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Spain:

Onfido (
60)
, Tuum (
60)
, Einride (
56)

Asabys Partners is a company founded in 2018.

23

Offices:

Barcelona (HQ)

Investment Stage:

Seed, Series A, Series B, Unknown

Check Size:

$100k - $100M

Industries:

Health Tech, Hardware, AR / VR

Top investments in Spain:

AgomAb Therapeutics (
52)
, Gradient Denervation Technologies (
44)
, Orikine Bio (
41)

Sabadell Venture Capital, based in Sant Cugat Del Vallès, invests in startups across various stages, from seed to series funding rounds. They provide check sizes up to €150,000, focusing on industries like eCommerce, health tech, and fintech. Notable investments include Ritmo and Koa Health. The fund supports entrepreneurs in developing their projects for success.

23

Offices:

Sant Cugat Del Vallès (HQ)

Investment Stage:

Debt Financing, Pre Seed, Seed, Series A, Series B, Series C, Series D, Unknown

Check Size:

$100k - $70M

Industries:

Health Tech, Edtech, FinTech

Top investments in Spain:

Cobee (
56)
, Exoticca (
56)
, Ritmo (
56)

WA4STEAM is a venture capital fund based in Barcelona, focusing on supporting women entrepreneurs in science, technology, engineering, arts, and mathematics (STEAM). They invest in early-stage startups and offer more than financial backing, providing expertise in biosciences, finance, and law. WA4STEAM has invested in companies like ADmit Therapeutics and MiMARK. Their mission includes nurturing future female leaders to close the gender gap in STEAM careers. Interested individuals can visit their website to learn more or join as angel investors.

23

Offices:

Barcelona

Investment Stage:

Seed, Series A

Check Size:

$5M - $10M

Industries:

Health Tech, Govtech, Biotech

Top investments in Spain:

ADmit Therapeutics (
41)
, ienai SPACE (
33)
, MiMARK (
33)

Big Sur Ventures is a venture capital fund based in Madrid that invests in early-stage companies across various industries. They provide funding between €100,000 and €1,000,000 to support growth in sectors such as education technology, recruitment, ecommerce, fintech, and transportation. Their portfolio includes companies like Frenetic, Bdeo, Card Dynamics, PandaGo, and Cuyna. Big Sur Ventures is dedicated to collaborating with exceptional founders to build successful businesses.

21

Offices:

Madrid (HQ)

Investment Stage:

Seed, Series A, Series B, Unknown

Check Size:

$100k - $250M

Industries:

Climate Tech & Green Tech, Edtech, FinTech

Top investments in Spain:

Paack (
52)
, Frenetic (
41)
, Smart Protection (
41)

Caixa Capital Risc is a venture capital fund based in Barcelona and part of CriteriaCaixa. It invests in early and growth-stage companies in Spain and Portugal, focusing on technology, health, finance, and energy sectors. Notable investments include KIT-AR and Codacy. The fund supports businesses from pre-seed to Series B stages by providing capital and guidance.

21

Offices:

Barcelona (HQ)

Madrid

Investment Stage:

Pre Seed, Seed, Series A, Series B, Unknown

Check Size:

$100k - $40M

Industries:

Climate Tech & Green Tech, Health Tech, FinTech

Top investments in Spain:

Minoryx Therapeutics (
56)
, Wallapop (
56)
, Codacy (
44)

OneRagtime, a venture capital fund based in Paris, invests in early-stage startups, including seed and series A rounds, with check sizes ranging from €700,000 to €15,000,000. They focus on sectors such as finance, health, technology, media, and transportation. OneRagtime connects startups with an exclusive investor community, offering both funding and support. Their portfolio includes companies like Estaly, Sonio, Homa Games, Yogosha, and MatchTune. Leveraging strong investor networks, OneRagtime helps startups scale and succeed in competitive markets.

21

Offices:

Paris (HQ)

Barcelona

Investment Stage:

Seed, Series A, Unknown

Check Size:

$2.5M - $50M

Industries:

Health Tech, Edtech, FinTech

Top investments in Spain:

Homa Games (
70)
, Sonio (
52)
, Groover (
44)

Founded in 2017, Abac Nest is a venture capital firm based in Barcelona, Spain. The firm prefers to invest in seed-stage, early-stage, growth-stage, and later-stage companies. The firm seeks to invest in business products, business services, consumer products, consumer services, and healthcare sectors across Spain.

21

Offices:

Barcelona (HQ)

Investment Stage:

Pre Seed, Seed

Check Size:

$500k - $5M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Spain:

Cobee (
56)
, TaxDown (
56)
, Payflow (
41)

Adara Ventures is a Luxembourg-based software as a service company.

21

Offices:

Luxembourg (HQ)

Madrid

Investment Stage:

Seed, Series A, Series B, Series C, Unknown

Check Size:

$1M - $70M

Industries:

Health Tech, Edtech, FinTech

Top investments in Spain:

Seedtag (
56)
, XYZ Reality (
52)
, Stratio (
46)

Active Venture Partners is a venture capital fund based in Barcelona, focusing on early-stage technology businesses from seed to series B stages. They invest in various sectors, including education, media, ecommerce, sales, marketing, productivity tools, customer relationship management, and art. Notable investments include Whisbi, Odilo, and Barnebys. Their aim is to help emerging businesses grow and succeed.

20

Offices:

Barcelona (HQ)

Investment Stage:

Seed, Series A, Series B, Unknown

Check Size:

$100k - $10M

Industries:

Edtech, Media and Entertainement, Sales and Marketing

Top investments in Spain:

Barnebys (
34)
, Whisbi (
34)
, Odilo (
30)

Founded in 2017, 4Founders Capital is a venture capital firm headquartered in Barcelona, Spain. The firm seeks to invest in the information technology sector.

19

Offices:

Barcelona (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Unknown

Check Size:

$100k - $20M

Industries:

Health Tech, Edtech, FinTech

Top investments in Spain:

TaxDown (
56)
, Embat (
41)
, Flanks (
41)

Inveready is a venture capital fund based in Barcelona offering financing solutions from pre-seed to debt financing. They support businesses in technology, healthcare, and consumer goods. Notable investments include Ritmo, Scaleup Finance, and Connecta Therapeutics. Known for their flexible investment approach, Inveready tailors financial resources to meet business needs at various growth stages.

19

Offices:

Barcelona (HQ)

Madrid

San Sebastian

Investment Stage:

Debt Financing, Pre Seed, Seed, Series A, Series B, Unknown

Check Size:

$100k - $30M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Spain:

Habyt (
56)
, Minoryx Therapeutics (
56)
, Ritmo (
56)

ICF Capital is a venture capital fund based in Barcelona. It invests in Catalan companies at various growth stages, from pre-seed to series A, and across sectors like technology, healthcare, and real estate. The fund supports businesses such as Brickbro, Pastisart, Bigle Legal, Devicare, and Baluwo. Offering a range of investment formats, including debt financing, ICF Capital aims to help local companies grow and succeed with tailored investment amounts.

19

Offices:

Barcelona (HQ)

Investment Stage:

Debt Financing, Pre Seed, Seed, Series A, Series B, Series D, Unknown

Check Size:

$100k - $70M

Industries:

Climate Tech & Green Tech, Health Tech, FinTech

Top investments in Spain:

Exoticca (
56)
, Lodgify (
52)
, Housfy Real Estate (
40)

Nekko Capital, based in Barcelona, is a venture capital fund investing in early-stage European digital companies. The fund focuses on sectors such as education technology, ecommerce, food technology, artificial intelligence, and travel technology. They invest from pre-seed to series A stages, supporting companies like Curve, Aervio, Fudeat, and Profe.com. Nekko Capital aims to drive digital transformation and support the growth of promising tech businesses in Europe.

19

Offices:

Barcelona (HQ)

Investment Stage:

Pre Seed, Seed, Series A

Check Size:

$500k - $10M

Industries:

Edtech, Foodtech, AI

Top investments in Spain:

Curve (
60)
, Aervio (
21)
, Fudeat (
21)

Nero Ventures is a venture capital fund based in Barcelona. They invest in early-stage and growing technology companies, focusing on mobile apps, security, and financial technology. Notable investments include Reloadly and Signaturit. Nero Ventures provides both funding and guidance to support entrepreneurs.

19

Offices:

Barcelona (HQ)

Investment Stage:

Seed, Series A, Unknown

Check Size:

$100k - $10M

Industries:

FinTech, Legal Tech, Mobile

Top investments in Spain:

Signaturit (
34)
, Reloadly (
21)