Lanai Ventures is a Barcelona-based venture capital firm, founded in 2016, that backs early-stage startups in Spain with a sector-agnostic approach focused on pre-seed and seed rounds. It leverages a network of prominent founders who participate as investors, providing strategic guidance and connections to portfolio companies across information technology, financial services, consumer products and services, and related sectors.

Cabiedes & Partners is a Madrid-based venture capital firm founded in 2009 that provides seed and early-stage investments, and in some cases later-stage financing, focusing on Internet, fintech, and technology sectors in Spain, particularly Madrid and Barcelona. The firm typically makes initial investments in the range of €50,000 to €500,000 with enterprise values of €1 million to €5 million, and follows on with €1-2 million investments. It seeks minority stakes, often around 10-20%, with funding sometimes deployed from personal capital.

Big Sur Ventures is a venture capital firm founded in 2012 and based in Madrid, Spain. It concentrates on early-stage technology-driven investments, supporting founders at the seed phase across a wide range of sectors, including B2B and B2C, information technology, media, internet retail, SaaS, mobile, e-commerce, advanced manufacturing, artificial intelligence, big data, clean technology, education technology, the Internet of Things, augmented reality, climate technology, cloud technology, construction technology, cybersecurity, digital health, food technology, infrastructure, insurtech, legaltech, manufacturing, micro-mobility, nanotechnology, mobility technology, space technology, and virtual reality, serving the Southern European region.

Adara Ventures is a Madrid-based venture capital firm that backs early-stage technology companies across Europe. The firm focuses on deep-technology sectors such as cybersecurity, data applications and infrastructure, DevOps, hardware components, and digital health, and seeks ambitious founders capable of scaling internationally. It maintains a European footprint, investing across Spain, Portugal, France, Ireland, and the United Kingdom, and supports teams from product development through initial go-to-market stages. By providing early capital and guidance, Adara Ventures aims to accelerate growth for innovative startups at the intersection of software, hardware, and related infrastructure technologies.

MCH, formerly known as MCH Private Equity, S.L., is a private equity and venture capital firm based in Madrid, Spain, specializing in investments in mid-sized companies across various sectors. Founded in 1998, MCH focuses on early-stage, mezzanine, and mid-market investments, as well as management buy-outs and expansion capital. The firm seeks to invest between €1 million and €80 million in non-publicly traded companies that generate revenues exceeding €30 million and have an enterprise value ranging from €15 million to €200 million. MCH's investment strategy emphasizes sectors such as internet services, commercial surveillance, restaurants, telecom, and new technologies, while explicitly avoiding startups, real estate, and industries like tobacco and gambling. The firm aims to take significant stakes in its portfolio companies, with a preference for exiting investments within four to six years. MCH is also involved in advising venture capital funds, managing over €500 million across its investment vehicles.

Kibo Ventures is a Madrid-based venture capital firm focusing on seed and early-stage technology companies, including pre-Series A and Series A rounds, with offices in Madrid, Barcelona and Lisbon. It invests globally, with emphasis on Europe, the United States and Latin America, in sectors including internet and direct marketing retail, online services, systems software, digital technology, wireless and telecom equipment, mobile devices, and consumer and enterprise software. The firm backs exceptional founders building global businesses and takes an active, hands-on approach in portfolio companies, often facilitating co-investment with other investors.

Athos Capital is a venture capital firm founded in 2016 and based in Madrid, Spain, that provides early-stage capital to technology companies across Europe, with a particular emphasis on Spain. It targets startups in areas including cloud-based farm management software, data storage, the Internet of Things, corporate accommodation platforms, and financial and educational technology.

Swanlaab Venture Factory is a Madrid-based venture capital firm that invests in early-stage and expansion-stage technology companies, primarily in Spain but with international reach. It targets B2B software, cloud, cybersecurity, information technology, internet, hardware, and telecom sectors, and favors companies with scalable business models ready to scale globally. The firm typically commits equity ranging from €1 million to €5 million and supports follow-on rounds, often taking a minority stake for a 4- to 6-year investment horizon. It combines financial backing with operational resources, including market acceleration, technology, operations, administration, talent development and networking, to help entrepreneurs manage risk and accelerate growth. The organization emphasizes helping Spanish ventures reach multiple international markets—3 to 4 within 18 to 24 months—through its international teams and network. Its Madrid base is complemented by a presence in Tel Aviv, reflecting a cross-border approach designed to support internationalization and scalable expansion for portfolio companies.

DN Capital is a London-based venture capital firm founded in 2000 that backs seed to early-stage software, fintech, and consumer internet companies in Europe and North America. It focuses on firms that plan to operate on both sides of the Atlantic and helps them build international businesses, reflecting a cross-border investment approach with activity across the UK, Northern Europe, and North America.

AXIS Participaciones Empresariales is a government-related investment organization in Spain established in 1986 to boost venture capital activity. It serves as the corporate venture capital arm of the Instituto de Crédito Oficial and has been wholly owned by ICO since 1993. The organization makes investments in Spanish companies and infrastructure projects across seed, early, growth, and expansion stages, targeting sectors such as B2B services, healthcare, retail, infrastructure, and energy. Through its investments, AXIS supports the development of Spain's venture capital ecosystem and infrastructure capacity, aligning with national economic objectives.

Civeta Investments is a Madrid-based venture capital firm founded in 2013 that funds technology startups, with a focus on information technology and the digital sector. It seeks high-growth opportunities and aims to provide smart money—capital complemented by strategic guidance, mentorship, and hands-on support to foster synergies among portfolio companies.

Qualitas Equity Partners is a Madrid-based private equity and venture capital firm founded in 2003 that manages direct investments and fund-of-funds strategies in Europe. It pursues buyouts, management buyouts, growth and expansion capital, and buy-and-build opportunities in mid-market companies, with a focus on Spain, Portugal and broader Western Europe. The firm targets sectors such as industrials, consumer products and services, energy and renewables, and business services, and often engages in co-investments through its fund-of-funds activities.

Amadeus IT Group is a global transaction processor for the travel and tourism industry, connecting airlines, hotels, rail, car rental and other providers with travel agencies through a distributed processing platform. It operates a portfolio of IT solutions that automate mission-critical processes such as reservations, inventory management and operations for providers, alongside a distribution network that enables real-time search, pricing, booking and ticketing for travel buyers. The company conducts its business through two segments, Distribution and IT Solutions, serving airlines, airports, hotels, tour operators, ground handlers and travel sellers worldwide. Founded in 1987 by major European carriers and headquartered in Madrid, Spain, it has developed into a leading player in the global distribution system space, with the GDS segment making up about 48% of revenue in 2024 and the IT Solutions segment about 52%, reflecting a balanced mix of software and transaction processing.

Diana Capital is a private equity firm founded in 2000 and based in Madrid, Spain. It invests in mid-market companies across Spain and Portugal, with a focus on Spanish middle-market businesses that require financing to support expansion, particularly in the industrial and service sectors.

Atomico is an international venture capital firm headquartered in London that backs disruptive technology companies and helps them scale globally. It partners with technology founders from seed to growth stages, leveraging hands-on operational experience to accelerate expansion, hiring, and marketing. With offices in major European cities, the firm supports companies across Europe, North America, and beyond, investing in information technology, software, and other technology-enabled industries and focusing on long-term partnerships and practical operational guidance to navigate global markets.

Founded in 2021, Pascual Innoventures is a venture capital firm based in Madrid, Spain. It invests in startups and entrepreneurs within the food industry, focusing on agtech, delivery services, consumer tech, food science, and food service sectors.

Established in 2021, CastiVentures is a Madrid-based venture capital firm focusing on early-stage tech companies. It typically invests in pre-seed and seed-stage digital startups with valuations between €2 million to €3 million.

7r Ventures is an investment firm and technology holding company based in Madrid, Spain, founded in 2017. It designs, builds, and invests in cash-flow driven technology companies that solve real problems in traditional industries, working with entrepreneurs, leading corporates, and select investment partners. The firm pursues a small, curated set of opportunities and targets sectors including B2B, B2C, healthcare, finance, and technology, with an emphasis on turning ideas into scalable and profitable businesses through an iterative model.

EverStream Energy Capital Management is a Minnesota-headquartered asset management and private equity firm that invests in energy infrastructure and renewable energy projects. Founded around 2011–2012, the firm targets late-stage and growth investments across solar, wind, and natural gas infrastructure, including production, storage, and transportation assets and related off-take contracts. It manages funds and pursues project acquisitions in the United States, Latin America, Europe, and Asia, with typical transaction sizes of about $5 million to $20 million and exit horizons of six to twelve years. The firm maintains offices in Wayzata, Minnesota; Madrid; Washington, D.C.; San Francisco; Tokyo; and Miami, reflecting a global footprint focused on expanding sustainable energy infrastructure.

Seaya Cathay Latam is a venture capital joint venture formed by Seaya Ventures and Cathay Innovation and established in 2021 with headquarters in Madrid, Spain. It targets Series A and B investments in Latin America and focuses on consumer and enterprise companies building technologies across fintech, proptech, mobility, health tech, food, agriculture, and cybersecurity.

Keyword Venture Capital is the corporate venture capital arm of Cube Ventures, based in Madrid, Spain. It backs early-stage digital companies with international ambitions, focusing on marketplaces, classified ads, vertical e-commerce, and software-as-a-service. The firm targets B2C marketplaces, classifieds, and e-commerce platforms that demonstrate traction and growth potential, often supporting international expansion with typical initial investments around €400,000.

Fores Ventures is a venture capital firm founded in 2020 and based in Madrid, Spain. It invests in early-stage startups across retail technology, e-commerce, and immersive technologies, including augmented reality and virtual reality.

Veos Ventures is a venture capital investment firm established in 2022 and based in Madrid, Spain. The firm focuses on supporting pre-seed early-stage companies across various sectors, including healthcare, wellness, pharmaceuticals, medtech, cosmetics, natural products, shared mobility, biostimulants, agri-technologies, and renewable energy. By acting as an accelerator and incubator, Veos Ventures aims to nurture innovative startups to help them grow and succeed in their respective industries.

Alpha Wave Global is a growth and expansion investment firm based in Miami, Florida. It focuses on information technology investments and operates across private equity, private credit, and public markets. It serves as a registered investment adviser and maintains offices in New York, Miami, London, Monaco, Madrid, Abu Dhabi, Tel Aviv, Bangalore, and Sydney.

FJ Labs is a New York-based venture capital firm founded in 2015 by Fabrice Grinda. It is stage-agnostic and focuses on marketplaces and consumer-facing startups, making seed and Series A investments. Typical checks range from 50,000 to 5,000,000 dollars. The firm supports early-stage companies across sectors such as e-commerce, fintech, ad tech, mobile, and software-as-a-service, seeking opportunities with high growth potential in the United States and internationally. Its portfolio includes a mix of consumer brands and marketplace platforms, reflecting an emphasis on business models that connect buyers and sellers or enable direct consumer experiences. FJ Labs aims to back entrepreneurs building scalable, disruptively positioned products and services, often partnering with founders early in their development to help accelerate growth.

All Iron Ventures is a European early-stage venture capital firm based in Bilbao, Spain. It invests in seed and Series A rounds across the United States and Europe, focusing on information technology, consumer products and services, and business products and services. The firm combines the flexibility of a business angel with the discipline and resources of traditional venture capital to partner with founders aiming to improve customer experience and increase operational efficiency through technology.

InfraVia Capital Partners is an independent investment firm founded in 2008 and based in Paris, specializing in European mid-cap infrastructure assets and growth equity in B2B technology. The firm operates two investment arms: one focused on infrastructure investments and another on growth equity in tech, backing scale-ups through Series B and follow-ons. Its European focus covers sectors including telecommunications, energy transition, healthcare, social infrastructure, transportation, and smart mobility, as well as broader infrastructure and tech opportunities across the region. With more than €5 billion in assets under management, InfraVia partners with portfolio companies to support growth, operational improvements, and long-term value creation.

BeAble Capital, founded in 2016 and based in Madrid, Spain, is a venture capital firm focused on science and technology driven opportunities. It concentrates on deep science and technology transfer, intellectual property rich industrial endeavors, and sectors such as advanced materials, nanotech, photonics, micro and nano electronics, ICT platforms, nanotechnology, biotechnology, energy, environment, healthcare and wellbeing, medtech, robotics, artificial intelligence, agriculture and food. The firm supports the creation and development of technology-based companies from early stages, emphasizing strong IP and long research and development backgrounds. Services include identifying technologies, valuing and transferring IP, company creation, fundraising, marketing, internationalization, and strategic and managerial guidance to help startups scale within Spain and beyond. BeAble Capital positions itself as a science-first investor that bridges scientific discovery with entrepreneurship to foster technology transfer and the growth of startups grounded in solid research and IP.

Speedinvest is a European venture capital firm founded in 2011 and headquartered in Vienna, with offices across Europe and in San Francisco. It specializes in early-stage investments in technology sectors including deep tech, fintech, health, industrial tech, marketplaces, software as a service and infrastructure, climate tech, crypto, and emerging markets. The firm runs specialized investment teams aligned to these industries and offers an in-house Platform+ team providing tailored operational support, such as growth marketing, human resources, US business development and networking assistance throughout the portfolio journey. Speedinvest seeks to be a hands-on partner, sometimes taking operational roles for a period to help portfolio companies scale, and emphasizes hands-on collaboration with founders to accelerate growth.

Inveready Asset Management is a San Sebastián, Spain-based venture capital firm established in 2008 that specializes in incubation, seed and early-stage investments, venture debt and growth capital. It focuses on technology and biotechnology sectors across Spain and Europe, with a preference for opportunities in Catalonia and the Madrid region, and operates offices in Barcelona and Madrid. The firm backs startups in software, security, hardware, fintech, healthcare technology and related fields, typically investing at early to expansion stages. Through multiple investment vehicles, Inveready supports a broad portfolio of companies and seeks exits via acquisitions by multinational buyers or public listings. The group emphasizes a hands-on approach to help portfolio companies scale, and while its activity is anchored in Spain, it pursues a wider European tech and biotech investment scope.

Kinnevik is an industry-focused investment company based in Sweden that builds digital consumer businesses by partnering with talented founders and management teams to create, invest in, and lead fast-growing companies in developed and emerging markets. The group seeks to deliver shareholder value while contributing positively to society through well-governed ventures and responsible governance. Founded in 1936 by the Stenbeck, Klingspor and von Horn families, Kinnevik concentrates on digital consumer platforms and related technologies across global markets.

Wayra is a corporate venture arm and innovation hub connected to Telefónica, operating as a global accelerator and open-innovation platform that links startups and scaleups with the Telefónica group. With a presence in ten countries including Argentina, Brazil, Chile, Colombia, Germany, Mexico, Peru, Spain, the United Kingdom, and Venezuela, Wayra collaborates with entrepreneurs to identify and develop joint business opportunities. It serves as the interface between Telefónica and entrepreneurial ecosystems worldwide, providing access to networks, capital, mentorship, and potential pilot deployments. Wayra runs accelerator programs and themed calls, such as the Wayra Call and the Health Hub with partners, to support tech startups across sectors like health tech, cybersecurity, smart city, and IT, aiming to scale startups through engagement with Telefónica's global assets and corporate partnerships.

Bullnet Capital is a Madrid-based independent venture capital firm that specialises in early-stage investments in technology and healthcare companies across Spain, with a focus on software, hardware and related high value services.

Angels Capital is an angel group based in Valencia, Spain, founded in 2013. It primarily makes early-stage investments in information technology, manufacturing, business services, and consumer services, with a focus on technology and sustainability. The group seeks to identify capable entrepreneurs and support startups to grow, fostering employment and economic value in the region.

Faraday Venture Partners is a Madrid-based venture investment firm that operates as a private investors club to support early-stage startups across Europe. The organization analyzes innovative projects in need of private financing, identifying investment opportunities for partners, co-investors, and business angels. It provides project analysis and confidential due diligence, guides active management of investment stakes, and conducts acquisition and exit assessments of existing portfolio interests. The firm emphasizes ongoing involvement with portfolio companies, offering personalized support and resources to entrepreneurial ventures and facilitating strategic empowerment initiatives. Founded in 2011, Faraday Venture Partners focuses on building long-term relationships with portfolio companies and partners, combining rigorous evaluation with hands-on guidance to foster growth and successful exits.

GP Bullhound is a London- and globally oriented technology advisory and investment firm founded in 1999. It provides independent strategic and financial advice to technology companies, including mergers and acquisitions, private placements, IPOs, and capital-raising activities. The firm combines technology insight with access to a global network of buyers and capital across Europe, the United States, and Asia, helping entrepreneurs and growth companies navigate complex transactions. In addition to advisory work, GP Bullhound maintains an investment arm that backs technology-focused opportunities across seed to late-stage rounds, with a track record of working with category-leading clients. With offices across Europe, the United States, and Asia, the firm serves sectors including software, fintech, media, and other technology-enabled services, aiming to help teams build scalable, billion-dollar businesses.

Redalpine Venture Partners is a pan-European venture capital firm focused on seed and early-stage investments in disruptive technologies, including software and health tech. It combines capital with operational expertise, coaching, and an international network to help entrepreneurs turn ambitious visions into scalable businesses. Founded in 2007, the firm has backed more than 70 portfolio companies across Europe and manages about USD 1 billion in assets, with activity across Europe from its offices in Zurich and Berlin. The firm supports portfolio companies with hands-on strategic and operational guidance and pursues a broad Europe-wide investment approach.

Hercules Capital is a specialty finance company and non-bank lender that provides venture debt and growth capital to venture-backed technology, life sciences, and sustainable/renewable technology companies at all stages. It offers senior secured loans and structured debt, often with warrants, and, to a lesser extent, equity investments, with financing tailored to fit a company’s capital plan and milestones. The firm supports portfolio companies with asset-based facilities, working capital lines, and other funding to help expand operations, accelerate product development, or pursue acquisitions and IPO readiness. Primarily serving U.S.-based firms, it leverages sector expertise, geographic reach, and a strong capital base to back companies through challenging times. The approach emphasizes flexible, customized solutions aligned to cash flow and growth trajectories.

JME Venture Capital is a Madrid-based early-stage venture capital firm founded in 2009 that invests in technology companies across Europe, with a focus on Spain. The firm backs seed and early-stage startups across sectors including information technology, SaaS, mobile, e-commerce, fintech, edtech, gaming, and related digital businesses, as well as hardware and other technology-enabled ventures. It operates from Madrid and has activity in Barcelona, seeking opportunities primarily in Spain while exploring international deals. Investments are typically made in early rounds to support growth and product development.

Going Investment is a private equity group based in Zaragoza, Spain, focused on capital investment in unlisted Spanish SMEs in the manufacturing and services sectors. The firm acquires equity stakes and partners with entrepreneurs and management teams to promote growth, support succession, and create long-term value. Founded in 1998, Going Investment aims to develop SMEs and achieve mid- to long-term profitability that exceeds general capital markets by increasing equity, guiding change, and pursuing value creation. It typically takes minority stakes, around 30–40%, and seeks board involvement to support governance and execution, backing companies through growth stages to scale operations and improve performance.

Refactor Capital is a Burlingame, California-based venture capital firm focusing on seed- and early-stage investments in hard technology, biotechnology, health, climate, and related sectors. The firm is led by Zal Bilimoria, a former partner at Andreessen Horowitz and a veteran product and engineering executive with experience at Google, Netflix, and LinkedIn, who typically leads seed rounds with checks in the 1–2 million range.

TA Ventures is a global, network-driven venture capital firm founded in 2010 that backs early-stage tech startups across sectors including digital health, mobility and logistics, fintech, consumer tech, software, and AI-enabled enterprise software. It typically writes initial checks of $100,000 to $250,000 for pre-seed and seed rounds and provides follow-on capital. The firm leverages its international network to connect portfolio companies with growth-oriented co-investors and to grant access to cost-efficient R&D talent. It emphasizes swift execution and hands-on support, aiming to help portfolio companies scale and enter new markets through strategic, cross-border collaboration.

Endeavor is a nonprofit organization that supports high‑impact entrepreneurs through a global network spanning nearly 40 countries. It backs more than 2,000 entrepreneurs whose companies generate over $28 billion in combined revenues, employ more than 3.9 million people, and attracted more than $4 billion in capital in 2020. The organization offers an entrepreneur‑first model that connects founders with mentors, peers, and opportunities to scale and pay it forward. Its global ecosystem includes affiliates such as Endeavor Miami, which focuses on early‑stage technology firms and reflects the network’s regional and sectoral reach.

Polychain Capital is a venture capital firm based in San Francisco, founded in 2016, that invests in blockchain technologies, protocols, and companies to advance global adoption of cryptocurrencies. The firm supports the development of the blockchain ecosystem and provides capital to projects across the space. It operates as a registered investment adviser (RIA).

The Delta is a Cape Town-based venture platform founded in 2015 that supports technology startups by providing capital, infrastructure, and a dedicated team, with a focus on information technology services and software-as-a-service.

Extension Fund is a Barcelona-based venture capital firm founded in 2021 that backs Spanish early-stage technology companies through venture debt and convertible notes. Operated in collaboration with Antai Ventures, the firm focuses on growth-oriented startups in Southern Europe, particularly in e-commerce, software and SaaS, insurtech, and fintech sectors.

Cross Road Biotech Inversiones Biotecnológicas, known as CRB Inverbío, is a venture capital firm based in Madrid, Spain, founded in 2001. The firm specializes in investing in seed, startup, and early-stage companies primarily within the healthcare and life sciences sectors, including pharmaceuticals, biotechnology, med tech, digital health, and diagnostics. CRB Inverbío focuses on innovative projects that address unmet medical needs and typically invests between €0.5 million and €3 million. The firm seeks to support companies developing medical products, therapeutic solutions, and diagnostic technologies, as well as applications of biotechnology in agriculture and animal health. With a commitment to backing projects led by experienced scientists and entrepreneurs, CRB Inverbío provides not only financial resources but also management support and strategic advice, aiming for exits within three to five years.

Evolution Equity Partners is a New York-based investment firm focusing on seed, Series A, Series B and growth-stage opportunities in cybersecurity, enterprise software, big data, machine learning, artificial intelligence, software as a service and mobile sectors. It invests across North America, Europe and Israel, providing capital and resources to help portfolio companies scale and expand internationally, including primary and secondary transactions to support growth.

HV Capital is a Munich- and Berlin-based venture capital firm that supports founders in building internet and technology companies. Founded in 2000 as HV Holtzbrinck Ventures, it has financed around 200 startups across growth stages and has backed notable portfolio companies such as Zalando, Delivery Hero, FlixMobility and SumUp. The firm invests across a broad range of sectors including fintech, B2B, e-commerce, enterprise, travel, education, mobility, healthcare and retail, and provides capital from early to growth rounds, reflecting its ability to fund companies through multiple growth phases.

Cometa is a venture capital firm investing in early-stage technology companies, with a focus on Latin America, particularly Mexico. It targets fintech, e-commerce, marketplaces, and mobile sectors and operates from its base in Mexico City.