Top VCs for Spanish startups
Updated 23 Oct 2026
702
Startups in Spain with investors recorded
84
VCs backing 3 or more
43 / 50
Of the top list based in Spain
Venture capital firms
| # | Investor | Based in | Startups | Since 2024 | Best-funded companies |
|---|---|---|---|---|---|
| 1 | Angels Capital | Valencia, Spain | 28 | 11 | Quibim, Imperia, Sheetgo |
| 2 | Inveready | San Sebastian, Spain | 28 | 4 | Multiverse Computing, Odilo, IOMED |
| 3 | Demium Capital | Valencia, Spain | 24 | 8 | Dealcar, Vixiees, Magnettu |
| 4 | Draper B1 | Valencia, Spain | 21 | 4 | Imperia, Vidext, Discocil |
| 5 | JME Ventures | Madrid, Spain | 19 | 8 | PLD Space, Odilo, Flanks |
| 6 | Cabiedes & Partners | Madrid, Spain | 19 | 0 | Bewa7er, Aplazame, Dietox |
| 7 | 4Founders Capital | Barcelona, Spain | 17 | 5 | Holded, Flanks, Vidext |
| 8 | K Fund | Madrid, Spain | 16 | 6 | Crescenta, Zynap, Remuner |
| 9 | BStartup - Banc Sabadell | Barcelona, Spain | 15 | 9 | Cafler, Remuner, Ocean Ecostructures |
| 10 | Criteria Venture Tech | Barcelona, Spain | 15 | 2 | PLD Space, iPronics, inari |
| 11 | Encomenda VC | Barcelona, Spain | 12 | 6 | Cafler, Amphora, CheKin |
| 12 | Sabadell Venture Capital | Barcelona, Spain | 12 | 6 | Incapto Coffee, Vidext, FOSSA Systems |
| 13 | EASO Ventures | San Sebastian, Spain | 12 | 2 | CyberTIX, Caleida, Berrly |
| 14 | Nauta Capital | London, United Kingdom | 12 | 1 | Lodgify, Holded, Smart Protection |
| 15 | Athos Capital | Madrid, Spain | 11 | 4 | Shakers, Harbiz, Sycai Technologies |
| 16 | GoHub Ventures | Valencia, Spain | 10 | 6 | indigitall, Nymiz, Depasify |
| 17 | Bonsai Partners | Madrid, Spain | 10 | 5 | Lodgify, Orain, Remuner |
| 18 | Kibo Ventures | Madrid, Spain | 10 | 1 | Zynap, Green Eagle Solutions, Blueliv |
| 19 | Faraday Venture Partners | Madrid, Spain | 9 | 4 | Classlife Education, CheKin, Hellotickets |
| 20 | CASTIVENTURES, S.L. | Las Palmas De Gran Canaria, Spain | 9 | 3 | Inveert, TalentYou, Dedomena AI |
| 21 | Fides Capital | Madrid, Spain | 9 | 3 | Devengo, OrbitalAds, Bewa7er |
| 22 | Bankinter | Madrid, Spain | 9 | 2 | Citibeats, Startupxplore, Frenetic |
| 23 | Seaya | Madrid, Spain | 9 | 2 | Cafler, Piper, Glovo |
| 24 | Adara Ventures | Luxembourg, Luxembourg | 8 | 2 | indigitall, Councilbox, Kimera Technologies |
| 25 | Big Sur Ventures | Madrid, Spain | 8 | 1 | Smart Protection, Floatech, ByteHide |
| 26 | Dozen Investments | Barcelona, Spain | 8 | 1 | Wolo, Innovamat, HR Bot Factory |
| 27 | Elaia | Paris, France | 8 | 1 | NTRglobal, Holded, Zymvol Biomodeling |
| 28 | Actyus | Madrid, Spain | 7 | 6 | Fence, Depet, Orain |
| 29 | Archipelago Next | Las Palmas De Gran Canaria, Spain | 7 | 3 | Ealyx, Classlife Education, Discocil |
| 30 | FJ Labs | New York, United States | 7 | 3 | Job&Talent, Crescenta, Fuell |
| 31 | TheVentureCity | Miami, United States | 7 | 2 | Devengo, Uelz, AERVIO |
| 32 | Grow Venture Partners | Barcelona, Spain | 6 | 4 | Kreios Space, The Blue Box Biomedical Solutions, Floatech |
| 33 | Bullnet Capital | Pozuelo De Alarcón, Spain | 6 | 3 | wooptix, Quside, ANYVERSE |
| 34 | Clave Capital | Pamplona, Spain | 6 | 3 | Shakers, Abanza Tecnomed, D-Sight |
| 35 | Nekko Capital | Barcelona, Spain | 6 | 3 | Kintai, AERVIO, Essentialist |
| 36 | ICF Capital | Barcelona, Spain | 6 | 2 | Incapto Coffee, Kintai, Quside |
| 37 | Conexo Ventures | Madrid, Spain | 6 | 1 | Hotelverse, Atani, Revelock |
| 38 | Alma Mundi Ventures | Madrid, Spain | 6 | 0 | Koa Health, Geoblink, Jeff |
| 39 | Civeta Investment | Madrid, Spain | 6 | 0 | Dietox, Tutellus, Eelp! |
| 40 | Acurio Ventures | Bilbao, Spain | 5 | 3 | fintonic, Crescenta, Viewed |
| 41 | Nuclio Venture Builder | Barcelona, Spain | 5 | 2 | Peimi, KomboAI, Finteca |
| 42 | The Lab Ventures | Madrid, Spain | 5 | 2 | Healz, FindNido, Kleo |
| 43 | Bossa Invest | São Paulo, Brazil | 5 | 1 | Odilo, Delfos Energy, Jeff |
| 44 | Seedcamp | London, United Kingdom | 5 | 0 | Lodgify, Ourspace, StudentFinance |
| 45 | Startupxplore | Valencia, Spain | 5 | 0 | CYCLE PLATFORM, Nubentos, Belender |
| 46 | BeAble Capital | Madrid, Spain | 4 | 3 | Aridditive, Doitplenoptic, Ecogranular |
| 47 | CDTI Innovación's INNVIERTE program | Madrid, Spain | 4 | 3 | MiMARK, Nymiz, Floatech |
| 48 | Toubkal Partners | Barcelona, Spain | 4 | 3 | Dealcar, Kimera Technologies, honei |
| 49 | BackFund | Madrid, Spain | 4 | 2 | Nester, Imageryst, Emocional |
| 50 | Ship2B Ventures | Barcelona, Spain | 4 | 2 | Ocean Ecostructures, Leemons Edtech Solutions, Nominis |
Venture capital firms by startups in Spain in their portfolio. Source: FundingWatcher. Data as of 23 October 2026. Base: 702 startups.
Accelerators, incubators and public funders
| # | Investor | Type | Based in | Startups | Since 2024 |
|---|---|---|---|---|---|
| 1 | Lanzadera Accelerator | Startup accelerator | Valencia, Spain | 18 | 0 |
| 2 | Bcombinator Venture Partners | Startup accelerator, Co-working space, Startup incubator, Micro VC fund, Venture capital firm | Barcelona, Spain | 15 | 9 |
| 3 | Mission | Startup accelerator, Venture capital firm | Valencia, Spain | 13 | 5 |
| 4 | Plug and Play | Startup accelerator, Co-working space, University program, Venture capital firm | Sunnyvale, United States | 12 | 7 |
| 5 | SeedRocket | Startup accelerator, Entrepreneurship program | Barcelona, Spain | 12 | 1 |
| 6 | Techstars | Startup accelerator, Venture capital firm | New City, United States | 11 | 1 |
| 7 | Newchip Accelerator | Startup accelerator, Startup incubator, Venture capital firm | Austin, United States | 9 | 0 |
| 8 | Plug and Play Spain | Startup accelerator, Venture capital firm | Paterna, Spain | 8 | 1 |
| 9 | European Innovation Council | Startup accelerator, Venture capital firm | Brussels, Belgium | 7 | 3 |
| 10 | Startupbootcamp | Startup accelerator | London, United Kingdom | 7 | 1 |
| 11 | Y Combinator | Startup accelerator | Mountain View, United States | 7 | 1 |
| 12 | BerriUp | Startup accelerator | Donostia-san Sebastián, Spain | 7 | 0 |
| 13 | Ship2B | Startup accelerator, Startup incubator, Venture capital firm | Barcelona, Spain | 6 | 2 |
| 14 | IMPACT Accelerator | Startup accelerator | Madrid, Spain | 6 | 1 |
| 15 | Conector Startup Accelerator | Startup accelerator | Barcelona, Spain | 6 | 0 |
| 16 | Desafia | Startup accelerator, Venture capital firm | San Francisco, United States | 6 | 0 |
| 17 | Mola | Startup incubator | Palma De Mallorca, Spain | 6 | 0 |
| 18 | First Drop | Startup accelerator, Venture capital firm | Valencia, Spain | 4 | 3 |
| 19 | MassChallenge | Startup accelerator | Boston, United States | 4 | 2 |
| 20 | Startup Wise Guys | Startup accelerator, Venture capital firm | Tallinn, Estonia | 4 | 2 |
Accelerators, incubators and government investors by startups in Spain. Source: FundingWatcher. Data as of 23 October 2026. Base: 702 startups.
Method
A startup counts for an investor when the investor is among the investors recorded for the company across all its rounds. The startups are companies headquartered in Spain whose most recent round is pre-seed, seed, angel or Series A through J. "Since 2024" counts the companies whose most recent round is dated 1 January 2024 or later. Venture capital firms are investors typed as venture capital or micro VC and not also as accelerator, incubator or government office. An investor needs 3 companies to be ranked. Ties go to the higher count since 2024. Best-funded companies are the three with the most total funding.
Other countries
United States3,096
China574
United Kingdom438
Germany303
India263
Canada227
France219
Israel168
Singapore166
South Korea137
Japan130
Brazil111
Australia102
The Netherlands78
Switzerland66
Mexico54
Indonesia47
Poland45
Sweden44
United Arab Emirates40
Turkey40
Italy36
Finland36
Denmark31
Saudi Arabia28
Belgium26
Cite: FundingWatcher, top vcs for spanish startups, 23 October 2026. https://fundingwatcher.com/investors/top/spain/