Top 16 Venture Capital Firms Investors in Spain [2023]

Venture capital is one of the most exciting and rewarding investments for investors. However, it can be a bit confusing at first, as there are so many different companies and funds available. To help you find the right one for your investment needs, here is our list of the top 16 venture capital firms in Spain:

1. Antai Venture Builder

Antai Venture Builder is a venture capital builder that supports entrepreneurs in building their own businesses with the help of a network of experts. Antai was founded in 2016 by five friends who wanted to start a business where they could work together, develop their ideas and help them grow into sustainable businesses without having to leave the comfort of their hometown.

The business has grown rapidly since then and now employs over 20 people. Antai has raised more than 5 million euros from investors including Ramón Areces, Ana María Aldarondo y José Luis Rodríguez-Sanjurjo as well as other individuals such as Carlos Olave Contreras (General Manager of Grupo San José), Roberto Fernández Martínez ( Managing Director at Europ Assistance) or Isabel Sánchez Hurtado de Mendoza and Isabel de Borbón y Grecia (Infanta).

2. Raven

Ravenpack is a venture capital firm that invests in start-up companies in the United States and Europe. The company was founded in 2012 by two former Google executives, Patrick Soon-Shiong and Jean-Marie Hullot. Ravenpack has invested in over 100 companies since its inception, including Slack, Pinterest, Spotify and Wayfair.

In addition to its venture capital activities, the firm also provides advisory services and management consulting to a select group of clients. These services include strategy, product development and design.

3. Startupxplore

Startupxplore is a venture capital firm based in Madrid, Spain. It was founded in 2012 by Guillermo de la Dehesa and has offices in London and San Francisco as well as headquarters in Madrid. The firm focuses on investing in early-stage startups, with a portfolio of over 220 companies across Spain, UK, Germany and Switzerland.

Startupxplore’s investment strategy focuses on accelerating the growth of high-quality technology companies that can benefit from its global network of entrepreneurs, investors and companies.

4. Renewable Matrix

Matrix Renewables is a venture capital firm with a focus on the energy and environmental sectors.

The company was founded in 2016 by Antonio Vidal and Francisco García, who were previously partners of Innova Capital. Matrix has invested in companies such as Enernova, Dibotics and Red Eléctrica de España (REE).

In addition to its venture capital activities, it operates as an investment bank providing financial advisory services in renewable energy projects or acquisitions of solar farms and other renewable energy assets by large corporations. companies such as ENDESA, ELECNOR or IBERDROLA

5. K funds

K Fund is a venture capital firm established in 2017. It is located in Madrid, Spain. Since its creation, K Fund has invested in more than 20 companies and employs more than 20 people.

In addition to investments and startups, K Fund also participates in training programs for entrepreneurs and professionals who wish to start their own business, as well as other entrepreneurship-related programs such as the creation of incubators or start-ups. accelerators where they can collaborate with other entrepreneurs who have already started their own business but need help transforming something bigger.

6. Equation

Equidam is a venture capital firm that invests in startups. The company was founded by Spanish entrepreneur Miguel Jiménez and has invested in several Spanish startups, including Fitness Point and Sweety.

In 2016, the company invested 5 million euros in Spanish Startup Fitness Point, which is an online sports equipment store. In 2018, Idomo raised a new round of funding from venture capital firm Mangrove Capital Partners.

7. Mural Ventures

Mutter Ventures is a venture capital firm that invests in early-stage companies. The company was founded by Raul Moreno and Javier Murtra, two former entrepreneurs who made their fortune from their first million startup.

Mutt Ventures is based in Spain, but also has offices in Munich and Mexico City. This allows them to invest in promising startups based between these three locations.

Mutter Ventures is an early-stage venture capital firm that typically invests between €100,000 and €1 million per company (although they have invested far more than this on occasion). They have invested in over 50 companies since their start in 2010, including Adzuna, Blablacar, Curiscope, IFTTT Inc., NowThenews GmbH & Co KG and Sequentia Systems GmbH & Co KG

8. Inverted

Inveready is a venture capital fund that invests in Spanish, Latin American and European startups. The fund has invested in over 100 companies, including Delivery Hero and Cabify. Inveready was founded by Jordi Bertomeu and Jéssica López in 2012 as a subsidiary of Endeavor Global Sourcing (EGS). It closed its first €30 million ( million) fund in 2015; This was extended to 50 million euros ( million) after three years. In April 2019, Inveready raised 150 million euros (5 million) for its second fund.

9. Caixa Capital Risk

Caixa Capital Risc, founded in 2000, is one of the largest venture capital firms in Spain. It focuses on seed-stage investments and provides a support network for its portfolio companies.

Caixa Capital RISC has invested over €1.7 billion in more than 800 companies since its founding, including hardware maker Wiko; Feedzai software company; Zalando e-commerce store; Fintech company skillfully; and Startup Health Relax Health.

10. Enisa

Enisa is a venture capital firm that invests in early stage companies. The company was founded in 2012 by Jose Maria Martinez-Sanchez and has invested in over 30 companies to date. Enisa is based in Madrid, Spain.

Enisa has been an active investor in the Spanish startup ecosystem for over 10 years, but recently started raising external funds from private investors such as Carlos Rodriguez-Pastor or Juan José Hidalgo (Mafioso Films). In 2019, Enisa raised €35 million from its investors to continue growing its portfolio of startups and expanding into new sectors such as consumer goods, healthcare and life sciences.

11. Bewater Fund

Bewater Funds is a venture capital firm that invests in early-stage companies in the United States, Europe and Latin America. The company focuses on consumer, business and disruption technologies. His portfolio includes Twitter’s acquisition of Niche and its subsequent IPO as well as Shopify, which went public in 2015 with a market capitalization of billion.

The firm works with investors around the world to invest in promising seed or Series A startups (funding rounds before or after an initial public offering).

12. Drape B1

Draper B1, founded in 2015 by Juan Ignacio Galán and Pedro Pablo López, is a venture capital firm that invests in early-stage startups. Draper B1 has invested in over 100 companies since its inception.

The company’s most notable holding companies include:

• Coupang: an online shopping site that sells products from South Korea and Japan with over 1 million customers worldwide;
• WeWork: a coworking space provider with more than 80 offices worldwide; And
• HAPN: An app that matches people based on proximity to each other.

13. Ventures Alma Mundi

Alma Mundi Ventures is a Spanish venture capital firm that invests in early-stage startups. The company was founded in 2010 by Juan Manuel Alba, who is also CEO of the company. Alma Mundi Ventures has offices in Madrid and New York, and currently manages investments totaling over billion from more than 80 investors, including some of the world’s leading companies such as AXA Group and Telefónica.

The investment strategy for Alma Mundi Ventures is to build long-term relationships with entrepreneurs by supporting them throughout their business life cycle. This may mean providing seed funding at an early stage or investing later when there is more traction or opportunity for growth; This could even mean providing operational support or strategic advice along the way if needed.

14. Lanzadera Accelerator

Lanzadera Accelerator is an energy start-up program that has been running for six years. It is managed by the Spanish state energy agency, and it is located in Madrid. The accelerator aims to help promising start-ups reach a wider audience, so they can raise money from investors and grow their business.

The Lanzadera Accelerator Program is open to any company working on innovative solutions that reduce carbon emissions or provide new sources of energy – and many other types of companies too. The program requires its participants to spend three days a week in their Madrid offices, but also gives them access to mentors who provide guidance throughout the process.

15. trsque

Tquity is a venture capital firm that invests in early-stage technology companies. They are based in Madrid and have a portfolio of over 20 companies. They invest between 1 million euros and 3 million euros in each company in which they invest.

They typically seek innovative ideas and technologies with the potential to disrupt globally, such as artificial intelligence and machine learning, blockchain technology, cryptocurrencies (e.g. bitcoin), drones (e.g. Finmeccanica’s drone), Internet of Things (IoT) devices and sensors (e.g. Google Cloud IoT Core), robotics, virtual reality/augmented reality (VR/AR).

16. CEMEX Ventures

CEMEX Ventures is a venture capital firm that invests in early-stage companies in the energy and environmental sectors. It was founded in 2012 by Cemex, a Mexican company that manufactures cement, concrete and ready-mix concrete.

Cemex Ventures has offices in Mexico City, San Francisco and New York. The firm’s investment portfolio includes companies such as OPUS12 Technologies Inc., which develops electric vehicle technology; Boxlight Corp., an LED light manufacturer; PowerTech Labs Inc., which provides clean energy solutions for mining operations; Avacta Group PLC (NASDAQ:AVCT), a biopharmaceutical company focused on developing treatments for rare diseases; LEDVANCE GMBH & CO KG (ETR: LEDV), a LED lighting system supplier based in Munich Germany

Conclusion

We hope this article has helped you better understand venture capital firms in Spain. Keep in mind that there are many other potential investors besides these 16 VCs, so if you want to start researching options for your next funding round, go ahead!