Lanai Partners, established in 2016 and headquartered in Barcelona, Spain, is an angel investment group that focuses on early-stage digital startups within the Spanish market. The company collaborates with industry experts to evaluate diverse sectors and maximize investment value. Lanai Partners manages two early-stage venture capital funds, Lanai Partners I (2019 vintage) and Lanai Partners II (2021 vintage), both investing in Spain and targeting information technology, financial services, consumer products, and business services sectors. The firm, also known as Lanai Ventures, adopts a sector-agnostic approach, investing in pre-seed and seed-stage startups, and benefits from a network of top founders as limited partners.
ICF Capital is a private equity and venture capital firm based in Barcelona, Spain, founded in February 2010. It specializes in direct investments and manages venture capital funds with a focus on supporting mid-sized companies in Catalonia. ICF Capital primarily targets sectors such as information technology, biotechnology, social services, and electronics, among others. The firm typically invests between €0.5 million and €2.4 million in companies with annual sales ranging from €0.3 million to €100 million, often acquiring minority stakes. It operates as a subsidiary of the Institut Català de Finances, a public financial institution established in 1985 to enhance funding access for enterprises in Catalonia. ICF Capital manages two venture capital firms, ICF Capital Expansió II and ICF Venture Tech II, and aims to foster the growth of innovative startups and mid-market companies through its investment activities.
Criteria Venture Tech is a Barcelona-based venture capital firm that invests in B2B software-as-a-service and deep-technology companies at early and growth stages. It operates across Europe, the United States, and Canada, focusing on information technology and related B2B products and services, with investments typically ranging from €0.5 million to €20 million.
Founded in 1881, Banco de Sabadell is a Spanish banking group that provides comprehensive financial services to personal, business, and private customers. It operates through over 2,400 branches worldwide, offering retail banking products, corporate banking services, insurance, pension products, asset management, and consumer finance.
Established in 2020, the European Innovation Council supports innovative startups and researchers with promising ideas, focusing on early-stage companies with positive environmental, social, or governance impacts. It co-invests alongside private investors.
EASME is a European Union executive agency that supports small and medium-sized enterprises and promotes innovation in Europe. It manages projects in the areas of small and medium-sized enterprises, as well as the environment, energy, and maritime sectors, funded by COSME, LIFE, and EMFF. EASME organizes the European Sustainable Energy Week and serves industries such as environmental management, energy production, and maritime activities.
Inveready is a prominent alternative investment firm based in Southern Europe, specializing in early-stage venture capital and debt investments primarily in the technology sector. Established in 2007, the company manages over €2 billion in assets across more than 35 funds, encompassing various investment strategies, including biotechnology, private equity, and infrastructure. Inveready has a diverse portfolio with over 250 active companies and has successfully executed 64 exits, with several portfolio companies being acquired by major multinational corporations such as Intel, Symantec, IBM, and Facebook. Additionally, some of its investments are publicly listed on stock exchanges, including NASDAQ and Euronext Growth.
Cabiedes & Partners is a Madrid-based venture capital firm focusing on seed and early-stage investments in Spain, with a primary emphasis on the Internet sector and fintech, and broader exposure to B2C, retail, IoT, and technology sectors. It mainly targets opportunities in Spain, particularly Madrid and Barcelona, and typically commits between €50,000 and €500,000 in initial rounds, with €1 million to €2 million in follow-ons. The firm aims to acquire roughly 10% to 20% of portfolio companies and uses personal capital for its investments.
4Founders Capital is a venture capital firm established in 2017 and based in Barcelona, Spain. The firm focuses on investing in high-growth technology companies that demonstrate a strong potential for profit generation and efficient capital use. Founded by a team with extensive experience as entrepreneurs and CEOs, 4Founders Capital aims to assist startups in building impactful global businesses. The firm prioritizes projects with solid teams that are developing market-tested products or services and have clear revenue models, though companies do not need to be at break-even. 4Founders Capital typically invests from €100,000 in early-stage ventures and may participate in follow-on investments of up to €4 million per company throughout the investment lifecycle.
Nauta Capital is a pan‑European venture capital firm based in London with offices in Barcelona and Munich. It focuses on early‑stage technology companies, primarily B2B software, and targets series A, late seed and series B rounds. With over half a billion assets under management and a team of about 20 professionals, the firm is recognized as one of Europe’s largest B2B focused VCs. Its approach is sector‑agnostic within technology, prioritizing B2B SaaS with strong network effects, vertically oriented enterprise software transforming large industries, and deep‑tech applications that address challenges faced by large enterprises.
JME Venture Capital, established in 2009, is a Madrid-based early-stage investment firm. It manages multiple funds, including JME Ventures Fund I, II, and III, focusing on early-stage technology companies in Spain and Europe. The firm typically invests between EUR 0.5 million to EUR 6 million, with a preference for companies in the information technology sector.
Founded in 2016, K Fund is a Madrid-based venture capital firm focusing on early-stage investments in digital-first companies across Spain, Portugal, and Latin America. It aims to promote the evolution of the Spanish startup ecosystem.
Bonsai Partners is a venture capital firm based in Madrid, Spain. Founded in 2001, it invests in European tech startups at stages from pre-Series A to Series C, pursuing both primary investments and secondary opportunities.
Bcombinator: An Entrepreneurship, Acceleration, and Investment Ecosystem
Bcombinator is a community driven by entrepreneurs for entrepreneurs, designed to accelerate and invest in high-potential startups. With over 100 startups in its portfolio and a network of more than 10,000 national and international entrepreneurs, it has become a leader in the innovation ecosystem.
It offers access to over 50 investment partners, 500 business angels, and venture capital firms, as well as key institutions such as universities, innovation centers, and public organizations. Through specialized mentorships, events, and coworking spaces, Bcombinator provides the support needed to scale ideas into sustainable businesses.
With a strong focus on artificial intelligence and technology, its methodology spans from problem validation to investment readiness, ensuring that startups reach their full potential. Its €40 million investment fund supports the most promising projects, solidifying its position as a key player in the entrepreneurial ecosystem.
Grupo ItNet is an internet business incubator and venture capital firm based in Barcelona, Spain. Founded in 1996 by Carlos Blanco, the company focuses on investments in early-stage digital startups, particularly in the e-business, telecommunications, media, and entertainment sectors. ItNet not only provides financial backing but also offers mentoring and networking opportunities to support its portfolio companies. Through its targeted investments, Grupo ItNet aims to foster innovation and growth within the digital and game leisure industries.
Asabys Partners is a Barcelona-based venture capital firm established in 2018 that focuses on investments in the life sciences and healthcare sectors. The firm targets innovative and transformative technologies within the health-tech and biopharma industries, both in Spain and internationally. Asabys Partners aims to advance the boundaries of science and medicine by financing disruptive technologies and collaborating with leading experts in the field.
Wayra UK is the corporate venture arm and accelerator of Wayra, the global open-innovation program of Telefónica. It runs accelerator programs for early-stage technology startups across industries including health care, information technology, cybersecurity, smart transport and smart city, and 5G, providing investment and acceleration support. The unit connects startups with Telefónica’s networks and partners to enable collaboration and scale opportunities, aiming to generate joint business opportunities between innovators and Telefónica. As part of a worldwide network spanning multiple countries, Wayra UK positions itself as a bridge between entrepreneurs and corporate-scale opportunity, facilitating access to capital, mentorship, and business development.
Capital Cell is a European equity crowdfunding platform based in Barcelona, Spain, that specializes in biotechnology and life sciences projects. Founded in 2014, the company serves as a meeting point for entrepreneurs and private investors, including venture capitalists and business angels, to facilitate funding for innovative medical science initiatives. By leveraging the power of the crowd, Capital Cell enables researchers and companies in the biotech sector to access a diverse pool of investment, thereby fostering the growth and development of cutting-edge solutions in healthcare.
Miura Partners, established in 2008 and headquartered in Barcelona, Spain, is a private equity firm specializing in investing in small and medium-sized Spanish companies. They focus on businesses with strong growth and consolidation plans, and a clear international strategy. Miura provides control-oriented capital, actively engaging with portfolio companies to drive long-term sustainability and excellence. Their investment range is typically between EUR 10 million to EUR 50 million, targeting companies with revenues of at least EUR 25 million. Sectors of interest include retail, food and beverage, manufacturing, and business services.
SeedRocket is a Barcelona-based startup accelerator founded in 2008 by Vicente Arias and Jesús Monleón. It provides seed funding, training programs, and advisory services to entrepreneurs with technology-based startups at the seed stage.
Founded in 2013, Ship2B is an accelerator firm based in Barcelona, Spain. It focuses on investing in healthcare, clean technology, energy, and wellness sectors within Spain.
Kibo Ventures, established in 2012, is a Madrid-based venture capital firm focusing on early-stage investments in digital companies. It specializes in leading or co-leading pre-series A and Series A rounds, occasionally participating in seed rounds. Kibo invests globally, with a primary focus on Europe, the United States, and Latin America. Its investment range is typically between €2 million and €5 million, aiming for an ownership stake of 10% to 20%. The firm targets internet and direct marketing retail, online services, systems software, digital technology, and consumer & enterprise software sectors. Kibo Ventures is headquartered in Madrid, Spain, with additional offices in Barcelona, Spain, and Lisbon, Portugal.
Abac Capital, established in 2014, is a Barcelona-based investment advisor specializing in providing financial support and capital for growth to solid Spanish businesses. The firm, through its management of Abac Solutions Manager and its associated funds, focuses on investments across the capital structure of companies in the consumer goods, industrial, and business services sectors. With over 70 years of collective investment experience, Abac's founders have advised, managed, and exited over €2.7 billion in equity and debt-like instruments across 30 companies.
Nekko Capital is a Barcelona-based venture capital firm established in 2017, specializing in investments in early-stage digital transformation companies. The firm focuses on B2B and B2B2C enterprises within sectors such as mobility, travel technology, property technology, fintech, and insurance technology. With additional offices in Madrid, Nekko Capital aims to support companies led by exceptional teams with global aspirations and strong execution capabilities. In November 2023, the firm was acquired by Carlos Blanco, Telmo Perez, and Miguel Sanz, marking a new chapter in its evolution.
GoHub Ventures is the corporate venture capital arm of Global Omnium, based in Valencia, Spain, with offices in Seville and Barcelona. It invests in early to growth-stage technology companies, prioritizing B2B software and AI-enabled solutions, across Europe, North America and Latin America. The firm typically backs seed to growth rounds, with ticket sizes from €0.5 million to €3 million, and focuses on sectors including artificial intelligence, machine learning, web3, fintech, insurtech, climate tech, digital health, cybersecurity, IoT, robotics, and AR/VR.
JME Venture Capital, SGEIC, S.A. is a venture capital firm operating as an endowment arm of the Fundación para la Innovación en Sostenibilidad José Manuel Entrecanales. Established in 2016 and based in Madrid with an additional office in Barcelona, the firm specializes in seed, startup, and early venture investments across various sectors, including digital technologies, SaaS, B2B, retail, fashion, travel, hardware, and clean tech. While primarily focusing on investments within Spain, JME Venture Capital also seeks opportunities internationally. The firm typically invests between €0.5 million and €4 million per company, aiming to support innovative businesses that contribute to sustainable development.
Nero Ventures is a venture capital firm based in Barcelona, Spain, that specializes in investing in technology-based services at various growth stages. Established in 2014, the firm focuses primarily on seed-stage and early-stage companies across a range of sectors, including enterprise software technologies such as cloud computing, SaaS, and data management, as well as consumer software technologies like e-commerce and mobile services. Nero Ventures employs an active management approach to its investments, leveraging its sectoral and technological expertise along with a pan-European network to support companies throughout their growth journey.
Founded in Barcelona in 2002, Active Venture Partners is a venture capital firm that invests globally with a focus on Europe. It specializes in seed to growth stage investments, typically ranging from €0.5 million to €5 million per company. The firm concentrates on technology sectors such as enterprise software, digital services, consumer internet, and clean tech. Active Venture Partners takes minority stakes of 5% to 49%, often seeking board seats.
Itnig, established in 2011 in Barcelona, Spain, is a multifaceted organization that invests in and supports early-stage tech startups. It operates as an accelerator, providing resources and expertise to help these companies grow and build scalable products and services. Some of the startups Itnig has backed include Camaloon, Getquipu, and FactorialHR. Additionally, Itnig manages a coworking space and a niche media outlet, further fostering the tech ecosystem.
All Iron Ventures is a European venture capital firm that backs early-stage technology startups. It focuses on companies that use technology to improve customer experience and streamline inefficient business processes, with investments spanning Europe and the United States. The firm aims to support ventures that seek to reshape the future of consumers and enterprises through innovative tech across sectors.
Alta Life Sciences is a venture capital investment firm founded in 2016 and based in Barcelona, Spain. The firm specializes in investing across all stages of development, from seed financing to commercial growth, focusing on companies within the life sciences sector. Its investment portfolio includes a diverse range of areas such as biotechnology, medical devices, diagnostics, genomics, and digital health. By targeting both early-stage and later-stage companies, Alta Life Sciences aims to support innovative ventures that contribute to advancements in healthcare and technology.
Glovo is a Barcelona-based start-up that revolutionizes access to local goods through its on-demand delivery application. The platform connects customers with independent couriers who deliver a wide range of products, including food, groceries, and personal items, within 60 minutes. Glovo operates in several countries, including Spain, Italy, Portugal, France, Argentina, Chile, Bolivia, and Peru. Users can browse their favorite restaurants and shops, place orders, and track deliveries in real-time using the app's geolocation feature. This service effectively acts as a personal courier, allowing customers to receive goods and complete errands quickly and efficiently.
Founded in Barcelona in 2022, Inclimo is a venture capital firm focused on early-stage investments in climate tech sectors such as transport tech, smart mobility, energy & water tech, agrotech & food tech, circular economy, proptech, and data tech. The company aims to support exceptional teams generating systemic change through technology for a more sustainable world.
Enion Venture Partners is an impact investment firm established in 2021 and located in Barcelona, Spain. The firm focuses on investing in early-stage technology-driven start-ups that contribute to the transformation of the energy sector and climate action. Enion seeks to support companies engaged in sustainable energy sources, digitalization of the energy system, green hydrogen, energy storage, and distributed generation. Additionally, the firm emphasizes investments in sustainable mobility and enabling technologies, including artificial intelligence, big data management, sensors, the Internet of Things, and blockchain. Through its strategic investments, Enion aims to provide both financial returns and meaningful contributions to environmental sustainability.
General Catalyst is a venture capital firm established in 2000, headquartered in Cambridge, Massachusetts, with additional offices in North America and Europe. The company specializes in early-stage and growth equity investments, focusing on technology-driven businesses. It invests across various sectors, including consumer internet, enterprise software, fintech, health assurance, and crypto. General Catalyst provides not only capital but also mentorship and resources to accelerate the growth of its portfolio companies. To date, it has managed eight venture capital funds, totaling approximately $3.75 billion in capital commitments.
GENESIS Ventures is an investment vehicle based in Barcelona, established in partnership with family offices. With a fund size of €610,000, the company focuses on investing in early-stage start-ups and entrepreneurial projects within the biomedical and biotechnological sectors. Their goal is to support the development of innovative products by funding the creation of start-up companies in areas such as therapeutics, diagnostics, and medical devices. GENESIS Ventures acts as an early-stage platform to assist promising scientific projects in reaching key value milestones, thereby attracting further investment from venture or corporate funds.
Founded in Barcelona in 2007, Suma Capital is an independent investment manager focused on private equity and infrastructure projects across Western Europe. The firm collaborates with business owners to achieve their goals, bringing expertise and rigor to each project.
Telefónica, headquartered in Spain, is a global telecommunications giant operating in 24 countries. It provides fixed and mobile connectivity, along with a wide range of digital services, to over 315 million customers worldwide. The company's investment arm, Telefónica Innovation Ventures, focuses on tech startups and venture capital funds aligned with Telefónica's global strategy. It invests directly in around 10 startups and indirectly in over 80 through 12 VC funds, with a focus on 5G, AI, cybersecurity, IoT, cloud, and digital transformation. Telefónica also operates Telefónica Open Innovation, a global program connecting entrepreneurs, investors, and partners to capture innovation opportunities.
Founded in October 2013, Conector is a Barcelona-based startup accelerator specializing in seed-stage investments. It focuses on technology-focused companies and offers mentorship services through its extensive network of over 300 mentors.
Point Nine Capital, established in 2008, is a Berlin-based venture capital firm specializing in early-stage investments in the Internet sector. The company focuses on Software-as-a-Service (SaaS), online marketplaces, and mobile technologies, with a track record of backing successful companies like Delivery Hero, Clio, and Zendesk from their early stages. Point Nine Capital invests across Europe and North America, typically committing between EUR 0.5 million to 2.5 million per investment.
Aurica Capital is an investment firm based in Barcelona, Spain that specializes in mid-market opportunities across manufacturing, industrial sectors, retail and consumer services. The firm takes minority but significant stakes in growth-oriented companies, providing capital and strategic support to accelerate expansion and operational improvements. Its investment approach targets Spanish businesses with clear growth plans, including beauty and other consumer sectors, and emphasizes long-term value creation through active ownership and collaboration with management.
The Net Street is an independent financing and mergers and acquisitions advisory firm established in 2013, with headquarters in Barcelona, Madrid, and London. The company specializes in advising high-growth technology-driven businesses, focusing on fundraising, sell-side mandates, and strategies for inorganic growth. By providing tailored guidance, The Net Street aims to support its clients in navigating complex financial landscapes and achieving their growth objectives.
Conren Tramway is a real estate investment and asset management firm based in Barcelona, Spain. The company specializes in core plus, value-added, and development investment strategies primarily within the urban office and retail markets of Barcelona and Madrid. Conren Tramway manages a value-added fund that typically targets investment sizes between EUR 200 million and 300 million. The firm caters to both private and institutional investors, offering permanent capital through various investment programs, including individual mandates, club deals, and regulated funds. The team's focus is on effectively managing the development and investment cycle to deliver high-quality properties that meet tenant needs.
Wallbox is a smart electric vehicle charging company that designs, manufactures, and distributes charging solutions for electric and hybrid vehicles across Europe and the United States. Founded in 2015 and based in Barcelona, Spain, the company develops intelligent charging systems that blend technology with design and manage communication among the vehicle, the grid, the building, and the charger. Its product lineup includes Level 2 AC chargers for residential and commercial use and DC fast chargers for public locations, complemented by energy management capabilities to optimize charging and grid interaction. Wallbox serves residential, business, and public charging markets, aiming to transform how energy is used in the EV sector.
Founded in 2012, Invivo Partners is a venture capital firm headquartered in Barcelona, Spain. It specializes in early-stage investments in healthcare, biotechnology, medical devices, and digital health sectors within Spain.
Earlybird Venture Capital is a Berlin-based investment firm founded in 1997 that backs technology companies through development and growth stages in Europe and the United States. It manages about EUR 2 billion and is regarded as one of Europe's most experienced venture investors, offering not only capital but also strategic guidance and access to an international network and capital markets. The firm pursues early- and growth-stage opportunities across consumer goods, consumer services, information technology, SaaS, health tech, life sciences, fintech, e-commerce, and related sectors, with a focus on European and US markets. Earlybird has a track record of eight IPOs and 30 trade sales, highlighting its ability to support portfolio companies as they scale globally.
Rockstart is an early-stage accelerator and impact investor based in Amsterdam with international reach, founded in 2011. It supports purpose-driven founders building in energy, health, agrifood, and emerging technologies by providing capital, hands-on mentorship, and access to a global network of co-investors, mentors, partners, and corporates. The firm operates across Amsterdam, Copenhagen, and Bogota, and maintains a team of professionals who help startups scale, connect to markets, and navigate funding rounds. Rockstart has backed more than 350 startups, with a focus on generating positive social or environmental impact while achieving growth.
Smartech Capital, founded in 2016 and based in Barcelona, Spain, is a venture capital firm focused on fostering the startup ecosystem in Southern Europe. Comprising a team of six professionals with over 50 years of combined experience in entrepreneurship, venture capital, and corporate finance, Smartech Capital aims to invest in early-stage B2B and B2C technology companies that exhibit disruptive potential and global aspirations. The firm targets startups that are likely to deliver substantial returns for both the company and its investors, leveraging the expertise of successful entrepreneurs and technology specialists to support these ventures toward achieving notable success.
Grupo Ferrer Internacional is a privately-held European pharmaceutical company based in Barcelona, specializing in research and development across multiple sectors, including pharmaceuticals, health, fine chemicals, and food. The company commercializes its human healthcare products in over 95 countries, supported by a network of 24 international affiliates and numerous partners and distributors. Ferrer is involved in the entire pharmaceutical value chain, encompassing activities from research and development to international marketing, as well as the development and manufacturing of raw materials and finished pharmaceuticals. Its research facilities are located in Spain and Germany, while its manufacturing sites are distributed across Europe and Latin America. Ferrer's diverse product portfolio includes prescription drugs, hospital equipment, personalized medicines, vaccines, and consumer healthcare products.