| Name | URL | Brief | City | Type | Focus stage | Focus sector | Startups portfolio |
|---|---|---|---|---|---|---|---|
| Zubi Capital | zubicapital.com | Impact investment manager based in Madrid, part of the Zubi Group ecosystem. Manages three strategies: Venture Debt (medium-term financing for impact entrepreneurs with limited dilution), Venture Capital (early-stage pre-seed/seed with a focus on diversity, equity, and inclusion), and Private Equity (mature-stage impact projects and real assets). Portfolio companies must embed measurable social and environmental impact as a condition of investment, enforced through a proprietary Impact Termsheet. Capitalised in part by SETT (Sociedad Española para la Transformación Tecnológica). | Valencia | VC | SeedSeries A | CleanTechGeneralist | MyHixel |
| 4Founders Capital | 4founders.vc | Pre-seed and seed VC linked to the SeedRocket ecosystem in Barcelona. Listed as a partner and investor network in the SeedRocket accelerator. The standalone website returned no content; based on available evidence: invests in early-stage tech startups, particularly from the SeedRocket alumni network. Standalone site unverifiable — treat with caution. | Barcelona | VC | Pre-seedSeed | GeneralistSaaS | OpenWebinars |
| Swanlaab Venture Factory | swanlaab.com | Madrid-based venture factory and VC firm with Spanish-Israeli roots (linked to Crescendo VP and Giza Venture Capital). Invests at seed and early stage in three verticals: B2B deep tech and SaaS, agri-food tech, and search funds. Takes a hands-on, lead-investor approach with operational support in sales, go-to-market, and team building. Portfolio includes IriusRisk, Sales Layer, Flowww, KOA Biotech, Nymiz, and Weecover. Registered with CNMV under number 100. | Madrid | VC | SeedSeries A | DeepTechIA / Data | Grodi |
| Faraday Venture Partners | faradayvp.com | Madrid-based venture capital firm investing in early-stage deep tech and science-driven startups across Europe. Backs founders building in areas like space, energy, biotech, and advanced materials at pre-seed and seed stages. | Madrid | Angel network | SeedSeries A | Generalist | Lendismart |
| SeedRocket | seedrocket.com | Barcelona-based accelerator and business angel network founded in 2008, Spain's first accelerator for early-stage ICT startups. Selects small cohorts per year for intensive mentoring, investor access, and seed capital through its investor club and 4Founders Capital fund. Alumni include Kantox, Holded, RatedPower, Novicap, and Habitissimo. Officially accredited as an alternative financing entity by Acció (Catalonia). Partner network includes Banco Sabadell, ESADE, IESE, and Wayra. | Barcelona | Accelerator | Pre-seedSeed | Generalist | OpenWebinars,Lendismart |
| Inveready | inveready.com | Barcelona-based alternative asset manager founded in 2008, one of Spain's most active investors in the small and mid-market segment by deal volume. Manages six alternative strategies including venture capital, venture debt, and life sciences equity. Also offers wealth management and public investment funds in niche markets. Offices in San Sebastián, Barcelona, and Madrid. Recent investments include Fresh People and Iteria Biopharma. | Barcelona | VC | SeedSeries ASeries B+Growth | DeepTechBiotechSaaS | Universal DX,Twenix,373887eb-6e4e-8100-9333-fdf4d574b70a |
| Wayra | wayra.com | Telefónica's Corporate Venture Capital arm and open innovation platform. Invests in early-stage startups with commercial alignment to Telefónica's business units, primarily in Spain, Germany, the UK, and Brazil. Uses a venture-client model to connect portfolio companies to Telefónica's global customer base. Current focus areas include connectivity, AI, cybersecurity, and digital health. Also delivers open innovation programs for third-party corporations. | Madrid | Corporate VC | SeedSeries A | GeneralistIA / DataFinTech | Galgus,Solum,ec2ce,+1 |
| Encomenda Smart Capital | encomenda.vc | Barcelona-based pre-seed and seed VC founded by entrepreneurs. Manages three funds with 40+ active portfolio companies. Invests at initial tickets of €100K–€500K with follow-on capacity up to €3M per company. Focus on technology-driven startups (SaaS, AI, deep tech) with Spanish origin and global ambition. Fast decision-making is a stated differentiator; co-investment is open to LPs. | Barcelona | VC | Pre-seedSeed | SaaSGeneralist | Kampaoh |
| Seaya | seaya.vc | Madrid-based VC founded by Beatriz González. Operates two funds: Seaya Ventures (technology-first, European companies, Series A–B) and Seaya Andromeda (technology fund addressing global challenges through innovation). Portfolio includes Glovo, Wallbox, and Cabify. Known for backing category-defining companies with a sustainability lens across Spain and Latin America. | Madrid | VC | SeedSeries ASeries B+Growth | GeneralistCleanTechIA / Data | Wuolah |
| Owl Ventures | owlvc.com | San Francisco-based VC with $2.2B+ in committed capital across seven funds. Described as "the defining global investor in EdTech," backing companies at every stage that transform education and work. 100+ investments, 634M+ users globally across the portfolio. Offices in San Francisco, Boston, and London. Invested in Genially (Córdoba) as part of its Series B. | San Francisco | VC | Series ASeries B+Growth | EdTech | Genially |
| Mundi Ventures | mundiventures.com | Madrid-based VC backing "bold and purpose-driven founders" in deep tech, insurtech, fintech, and climate tech. Recently closed the Kembara Fund (€750M+) focused on deep tech and climate growth, backed by the EIB/EIF under the European Tech Champions Initiative. Signatory to PRI and ESG VC. One of Spain's most active Series A investors, known for strength in insurtech and enterprise B2B software. | Madrid | VC | Series ASeries B+ | DeepTechIA / Data | Galgus |
| Arquimea | arquimea.com | Madrid-based deep tech company with R&D at its core, operating since 2005. Develops advanced technologies for high-demanding sectors including space, aerospace, defense, and precision engineering — semiconductors, radiation-hard electronics, and precision mechanisms. Allocates the majority of annual profits to R&D and operates the ARQUIMEA Research Center for disruptive technology development. Roots in the CDTI/ESA ecosystem. Not a VC fund but a corporate technology developer with investment and spin-off activity. | Madrid | Corporate VC | SeedSeries A | BiotechDeepTech | Vaxdyn |
| 645 Ventures | 645ventures.com | New York and San Francisco-based early-stage VC firm investing pre-product and pre-revenue. Backs founders in enterprise, deep tech, AI infrastructure, fintech, consumer, cybersecurity, and health tech with conviction in non-consensus thinking. | New York | VC | Pre-seedSeed | SaaSDeepTechFinTechHealthTechIA / Data | Genially |
| Bolsa Social | bolsasocial.com | Spain's first equity crowdfunding platform dedicated exclusively to impact investment. Enables both retail and professional investors to back early-stage companies with measurable social or environmental outcomes. Site was client-rendered and returned minimal content, but identity confirmed. Backed Solum (Sevilla) alongside Wayra and GSI. | Madrid | VC | Pre-seedSeed | CleanTechGeneralist | Adaion |
| JME Ventures | jme.vc | Madrid-based seed-stage VC firm investing €100K–€3M in Spanish tech startups. Has backed 70+ companies across 4 funds since 2012, with notable exits including Flywire and Jobandtalent. Known for founder-friendly approach and fast, transparent process. | Madrid | VC | Pre-seedSeed | SaaSFinTechEdTechHealthTechIA / DataGeneralist | Kampaoh,Genially |
| Quest Diagnostics | questdiagnostics.com | US-based global clinical diagnostics corporation (NYSE: DGX), the world's largest provider of diagnostic information services. Serves 50% of US physicians and hospitals. Strategic investor in Universal DX (Sevilla) via its 2023 Series B investment in liquid biopsy for colorectal cancer detection. The investment combined capital with access to Quest's US commercial distribution network. | New Jersey | Corporate VC | Series B+ | HealthTechBiotech | Universal DX |
| Muzinich & Co | muzinich.com | New York-founded, London-headquartered privately-owned credit asset manager with 30+ years of track record and 18 global offices. Specialises exclusively in public and private corporate credit: high yield, investment grade, emerging markets, private debt, parallel lending, aviation finance, and capital solutions. Named "Best Investment Manager – Fixed Income" at the 2026 Euromoney Private Banking Awards. Provides venture lending and structured credit to growth-stage European companies. | London | VC | Growth | FinTech | Tiendanimal |
| European Investment Bank (EIB) | eib.org | The EU's principal financing institution and the world's largest multilateral lender, owned by the 27 EU member states. Provides long-term loans, equity co-investment, guarantees, and advisory services. Active in Spain through direct lending and fund-of-funds mandates via the European Investment Fund (EIF) — including the CDTI INNVIERTE program. Recently invested €350M in Mundi Ventures' Kembara Fund under the European Tech Champions Initiative. | Luxenbourg | Public grant | Growth | GeneralistCleanTechDeepTech | RavenPack,Universal DX |
| Adara Ventures | adaraventures.com | Madrid and Luxembourg-based VC firm investing in early-stage B2B software and deep tech companies across Europe. Focuses on pre-seed and seed rounds, with a strong track record in Spanish and European tech ecosystems. | Madrid | VC | Pre-seedSeed | SaaSDeepTechIA / DataFinTech | Adcities |
| LGT Capital Partners | lgtcp.com | Pfäffikon (Switzerland)-based global alternative asset manager owned by the Princely Family of Liechtenstein (LGT Group). Manages private markets (private equity, infrastructure, private debt), multi-alternative strategies, and sustainable/impact strategies. Also manages The Princely Collections. Leading global specialist in fund-of-funds and co-investment. AUM not stated on current site but historically cited at €70B+. | Pfäffikon | VC | Growth | Generalist | Tiendanimal |
| EIT InnoEnergy | innoenergy.com | Clean tech investment and industrialisation platform initiated in 2010 by the European Institute of Innovation & Technology (EIT). Has supported 540+ companies since inception with €35B+ in investment raised by portfolio. Invests in early-stage companies, builds industrial value chains (European Battery Alliance), delivers workforce upskilling, and runs the InnoEnergy Masters+ programme. 160+ active portfolio companies. Portfolio CO2e reduction potential of 2.3 gigatons by 2030. Backed Solum (Sevilla). | Eindhoven | Accelerator | Seed | CleanTech | Scoobic,Solum |
| GP Bullhound | gpbullhound.com | London and Stockholm-based technology investment bank and growth equity fund founded in 1999. Advises on M&A, exits, and growth capital for European and global technology companies. Has generated over $35B in transaction value across deals including Strava, Apple, Google, NVIDIA, BlackRock, and General Atlantic. Active across 13 offices worldwide with 180+ employees. Backed Genially (Córdoba) in its Series B. Most recent report: "Europe's AI Opportunity" (June 2026). | London | VC | Series B+ | GeneralistIA / Data | RavenPack |
| Miura Partners | miurapartners.com | Barcelona-based private equity and venture capital firm investing in mid-market and growth-stage companies in Spain and Portugal. Manages multiple funds and focuses on operational value creation alongside capital deployment. | Barcelona | VC | Series ASeries B+Growth | Generalist | Tiendanimal |
| Impact Hub | malaga.impacthub.net | Part of the global Impact Hub network, the Sevilla hub supports impact-driven entrepreneurs through co-working, community events, mentorship, and acceleration programs focused on social and environmental outcomes. | MálagaCádiz | Accelerator | Pre-seed | GeneralistCleanTech | — |
| IMIBIC (Instituto Maimónides de Investigación Biomédica de Córdoba) | imibic.org | Maimónides Biomedical Research Institute of Córdoba, affiliated with the Reina Sofía University Hospital and the University of Córdoba. Focuses on clinical and translational research in oncology, endocrinology, and chronic disease. | Córdoba | Tech park | Pre-seed | BiotechHealthTechMedTech | — |
| Córdoba TechPark (Rabanales 21) | rabanales21.com | Science and technology park on the campus of the University of Córdoba. Houses R&D companies and university spin-offs working in agri-food biotechnology, information technology, and environmental sciences. | Córdoba | Tech park | Pre-seed | IA / Data | — |
| Alhambra Ventures | alhambraventure.com | Granada-based venture capital fund investing in early-stage technology startups in southern Spain. Backs teams at pre-seed and seed stage with capital and access to the regional ecosystem. | Granada | VC | SeedSeries A | SaaSFinTechHealthTechDeepTechIA / DataGeneralist | — |
| AcexHealth | acexhealth.com | Health innovation accelerator based in Andalucía connecting digital health, medtech, and biotech startups with hospitals, healthcare providers, and investors across the region. | Granada | Accelerator | Pre-seed | HealthTechBiotech | — |
| Círculo Tecnológico de Granada (CTG) | ctgranada.es | Business association representing the technology and digital sector in Granada. Connects ICT companies, promotes local tech talent, and advocates for the province's technology and digital economy. | Granada | Tech park | Pre-seed | Generalist | — |
| CTAQUA — Centro Tecnológico de la Acuicultura | ctaqua.es | Spanish Technology Centre for Aquaculture, based in Cádiz province. Conducts applied R&D in fish and shellfish farming, feed innovation, water quality, and sustainable aquaculture production systems. | Cádiz | Tech park | Pre-seed | AgTech | — |
| Zona Franca de Cádiz / Incubazul — Blue Core | incubazul.es | High-technology incubator managed by the Consorcio de la Zona Franca de Cádiz. Focuses exclusively on the blue economy — marine biotechnology, aquaculture, coastal energy, maritime logistics, and ocean sustainability. Co-financed at 80% by the FEDER European Regional Development Fund. Runs rolling open calls and offers 4+4 month incubation phases, with up to 5 years of consolidation space. Acceleration managed in partnership with Telefónica Open Future. | Cádiz | Incubator | Pre-seed | CleanTechAgTech | — |
| Parque Tecnológico Santana (Linares) | pcttsantana.es | Technology and industrial park in Linares, Jaén, built on the former site of the Santana Motors factory. Hosts manufacturing, logistics, and technology companies in the province of Jaén. | Jaén | Tech park | Pre-seed | Logistics | — |
| La Lonja de la Innovación | lalonja.tech | Innovation hub and accelerator based in the Port of Huelva, managed by Telefónica's Open Future program. Focuses on the digital transformation of industrial and energy sectors — specifically port logistics, energy, mining, and maritime industries. Holds Premium iHub status from the FIWARE Foundation, one of only two globally. Runs acceleration programs, challenge-based calls, and FIWARE technology integration support. | Huelva | Accelerator | Pre-seed | LogisticsCleanTechIA / Data | — |
| GEOLIT IAT Matriz | geolit.es | Technology park and innovation hub in Mengíbar, Jaén, focused on agri-food technology and industrial innovation. Provides facilities and business support for companies in the olive oil, agri-food, and manufacturing sectors. | Jaén | Tech park | Pre-seed | AgTechFoodTech | — |
| Cajamar Innova | cajamarinnova.es | Open innovation and corporate venturing unit of Cajamar, Spain's leading cooperative bank for the agri-food sector. Backs startups in agritech, foodtech, and water management through the Cajamar Innova program. | Almería | Accelerator | Pre-seed | AgTech | — |
| Founders Andalucía | foundersandalucia.com | Founder community and support network for entrepreneurs across Andalucía. Organises events, peer learning sessions, and connects founders with mentors, investors, and ecosystem resources in the region. | Sevilla | Angel network | SeedSeries A | SaaSFinTechHealthTechDeepTechIA / DataGeneralist | OpenWebinars,Odders Lab,Universal DX,+2 |
| Startuplabs Sevilla | startuplabsspain.com | Co-investment incubator in Sevilla offering a structured advisor program alongside seed capital for early-stage startups in Andalucía. | Sevilla | Incubator | Pre-seed | Generalist | — |
| Andalucía Open Future | andalucia.openfuture.org | Joint accelerator operated by Telefónica and the Junta de Andalucía with hubs in Sevilla, Málaga, Córdoba, and Almería. Has supported over 200 startups since launch and is the largest public-private accelerator program in southern Spain. | Sevilla | Accelerator | Pre-seedSeed | Generalist | Solum,Galgus,Mogu Platform,+6 |
| Fusión Startups | fusionstartups.com | Sevilla venture builder and accelerator founded by Carlos Pérez (ex-CoverManager), co-founding and accelerating startups through the SuperSprint program and an operator mentor network. | Sevilla | Venture builder | Pre-seed | Generalist | — |
| vess. | vess.digital | Sevilla-based venture studio that co-founds and builds technology startups from scratch alongside domain experts. Operates at pre-seed stage with in-house resources for product, design, and early go-to-market. | Sevilla | Venture builder | Pre-seed | SaaSFinTechHealthTechDeepTechIA / Data | — |
| eoniq | eoniq.fund | Sevilla micro-VC fund investing at seed stage alongside a community of co-investors, focused on Andalusian technology startups including Wuolah and OpenWebinars. | Sevilla | VC | Seed | Generalist | Wuolah,OpenWebinars,Grupo Mox |
| Austral Venture Gestión | australventures.eu | Sevilla-based venture capital manager investing in early-stage technology and deep-tech companies emerging from Andalucía, with portfolio including Solum and Solar MEMS Technologies. | Sevilla | VC | Seed | DeepTechCleanTechGeneralist | Solum,Solar MEMS Technologies,Catalyxx,+1 |
| Axon Partners Group | axonpartnersgroup.com | Multi-stage venture capital firm with operations in Sevilla and Madrid, backing international technology companies. Known for early investment in Instaleap ahead of its acquisition by Instacart. | SevillaMadrid | VC | SeedSeries A | GeneralistLogistics | Catalyxx,Kampaoh |
| Alter Capital | altercapital.es | Sevilla venture capital firm investing in seed and Series A technology companies, with portfolio including Wuolah. | Sevilla | VC | Seed | SaaS | Wuolah,Kampaoh |
| Quadriga Funds | quadrigafunds.es | Sevilla-based venture capital fund backing technology startups in Spain, with a focus on early-stage investment in Andalusian companies. | Sevilla | VC | Seed | Generalist | — |
| GoHub Ventures | gohub.vc | Early-stage VC focused on AI and dual-use technology, backing founders building globally from Spain. Offices in Sevilla and Madrid. | SevillaMadrid | VC | Pre-seedSeedSeries A | SaaSFinTechHealthTechDeepTechIA / DataGeneralist | Galgus |
| Al Andalus Innovation Venture | alandalusinnovation.com | Angel investor network aligned with Andalucía’s main open innovation matchmaking event, supporting pre-seed and seed stage startups across southern Spain. | Sevilla | Angel network | Pre-seedSeed | Generalist | — |