Top 10 angel investors in Spain [2023]

Spain has a growing number of angel investors, who help entrepreneurs grow their businesses and create new jobs. The following list of top 10 angel investors in Spain includes names you may not have heard of before, but have the potential to become great partners for your startup or business:

1. Antai Venture Builder

Antai Venture Builder is a Madrid-based venture capital firm that invests in start-up companies. Founded in 2006 by partners Jose María Álvarez de Novoa, José Manuel Núñez and Javier Calvo, Antai has invested in more than 100 companies across Europe and the United States, including Ticketbis (a ticketing company), Vengo (a booking platform) and Avantia (A Logistics Startup). In 2019, ANTAI’s portfolio included eight unicorns – large companies valued at over billion, including Revolut, SoundCloud and Blablacar.

2. Startupxplore

Startupxplore is a venture capital builder that supports entrepreneurs and investors with a wide range of services.

Startupxplore has been recognized as one of the top 10 angel investors in Spain by Forbes magazine. The company’s founder, Luis Carmona-Gonzalez, was named one of Europe’s most influential angel investors by Startups 100 and received an award for her contribution to entrepreneurship.

The Investor Network includes more than 3,000 active members who are part of an international network of startups and investors committed to promoting entrepreneurship around the world.

3. Equation

Equidam is a venture capital fund that invests in early-stage companies. The company was founded in 2000 by four experienced entrepreneurs and has invested in over 100 companies since then, with a portfolio of over 50 companies today.

The company has offices in Berlin, London and Singapore and is currently investing on its third fund, which has a size of 300 million euros.

The company’s investment focuses on SaaS, e-commerce and technology-related companies. The portfolio includes companies such as Klarna, YourLBB or Tradedoubler.

4. Enisa

Enisa is a private equity fund that has been investing in start-ups since 2013. It is based in Madrid, Spain and according to its website, Enisa has invested in over 50 companies so far. The fund has raised over €350m from investors such as Caixabank and Santander Bank.

Enisa’s investments cover a wide range of industries, including energy, healthcare and technology. Some of the companies that have received funding from Enisa include:

5. trsque

Tquity is an investor in over 30 startups including OpenClassrooms, Meetic and Wimdu. Tquity is an independent venture capital builder that provides financial and human capital to entrepreneurs. The company was founded by Guillermo Ronda and Miguel Ferrer in 2009 before being sold to Caixabank in 2016 for 25 million euros (almost million).

Guillermo Ronda is one of the best-known figures in the Spanish startup ecosystem thanks to his role as president of Endeavor Spain and co-founder of Tquity. He has also served on several other boards, including Fundació Catalana Empresa I Capital (FCEC) as well as a member of the Caixabank Strategy Committee since 2017.

6.JME Ventures

JME Ventures is a Spain-based venture capital firm investing in early-stage startups. The company has been around since 2016 and has made more than 30 investments. He focuses on sectors like Internet of Things (IoT), healthcare technology, artificial intelligence (AI), fintech and consumer technology startups.

JME was founded by Juan Miguel Escalante Gil who is also CEO of the company today. He previously founded another VC firm called Nauta Capital Partners, but left that to start JME Ventures which he says is more hands-on than his previous venture.

7. Bonsai Venture Capital Scr

The Bonsai Venture Capital SCR is a Spanish venture capital fund that invests in early-stage technology companies. It was founded in 2012 by Bonsai Capital, a spin-off from BBVA, one of Spain’s largest banking groups (and also one of the largest banks in the world). The fund’s mission is to drive innovation by investing in promising growth companies and helping them grow further through its network of connections within the financial industry and beyond.

Bonsai has offices in Madrid and Barcelona but operates mainly throughout Spain and Europe. Its portfolio includes over 100 startups in many different industries, including data analytics, artificial intelligence (AI), fintech (financial technology), HealthTech, Edutech (Education Technology) and more.

8. Byld

Byld is a venture capital builder. The company was founded in 2013 by angel investors with the goal of helping entrepreneurs build and scale businesses. Byld has raised over million from different investors and invested in over 100 startups from Spain and other countries including the UK and Germany. Byld is also a member of builder Antai Venture, which allows entrepreneurs to receive financial support for their projects in exchange for being part of its business network.

Byld also created his own incubator, called Byld Labs. It is a space where entrepreneurs can develop and test their ideas.

9. Nuclio Venture Builder

Nuclio Venture Builder is a VC fund focused on early-stage startups. Nuclio has invested in over 25 companies and raised €30m for its portfolio.

Nuclio was founded by Juan Carlos Alba Díaz, who previously worked at Avanza Bank as Senior Vice President and General Manager of the Commercial Banking Division. After leaving Avanza Bank, he co-founded SPV Capital Partners (which later became Nuclio), which invests in seed stage startups.

Nuclio’s investments include:

• Adoption Technology, which was acquired by Microsoft in 2017 for an undisclosed amount.
• Pathway, which was acquired by Symantec in 2018 for an undisclosed amount.
• Movile, a Brazilian mobile technology company that provides apps for airlines and hotels.

10. Sitka Capital

Sitka Capital is a venture capital fund that invests in early-stage startups. Sitka Capital was founded in 2016 by Carlos Gonzalez and Javier Barrero, two entrepreneurs with rich backgrounds in technology and business development.

The fund has invested in more than 100 startups so far, with an average investment of million per round.

Sitka Capital is based in Madrid, Spain, but they also invest across Europe through their subsidiary Foundry Group Europe Limited (FGE).

Conclusion

Although the list of top angel investors in Spain is by no means exhaustive, it represents some of the most active, prominent and successful investors in the country. Companies that have been able to attract these angels because investors have therefore benefited from their experience and expertise. Each of them has made a name for themselves by investing in disruptive technologies and emerging startups with huge growth potential.