6 Best Venture Capital (VC) Firms In Madrid
Madrid is not just the capital of Spain; it’s also a key player in Europe’s startup ecosystem. Knowing where to look is crucial if you’re an entrepreneur seeking investment. This article highlights the leading VC firms in Madrid, known for their dynamic support of innovative businesses.
Adara Ventures
Adara Ventures is a Madrid-based venture capital firm founded in 2005. They are focused on investing in deep-tech companies, especially those working in areas like cybersecurity, data and applications, infrastructure, DevOps, components, and digital health. Adara Ventures supports visionary founders and helps them build global technology companies. As for their check size, Adara Ventures typically invests around €2M in the pre-seed and seed stages.
Headquarters: Spain
Investment Geography: Spain, USA, UK, Italy, Argentina, Portugal, Ireland
Operating since: 2005
Stages: Seed, Series A, Series B
Investment Focus: DeepTech, Enterprise/B2B (CyberSecurity, Big Data & Analytics, Cloud Infrastructure, AdTech, Software/SaaS, Digital Enterprise, Enterprise IT)
Number of investments: 84
Number of exits: 19
Check size: $1m-3m
Notable investments: Seedtag, Stratio
Founders/Key People: Alberto Gómez, Nicolas Goulet
Website: https://www.adara.vc
Big Sur Ventures
Big Sur Ventures is an early-stage venture capital firm based in Madrid, Spain, that focuses on the technology, Internet, and SaaS sectors. It is known for its active, hands-on investment approach, which provides capital, operational guidance, and transactional expertise. The firm’s investment philosophy centers on building strong relationships with founding teams and contributing to the development of transformative products and services.
Headquarters: Spain
Investment Geography: USA, Spain, UK, Switzerland, Netherlands, Brazil, Portugal
Operating since: 2007
Stages: Seed, Series A, Series B
Investment Focus: Information Technology, Digital Media, Internet/SaaS, Technology-Enabled Products And Services
Number of investments: 69
Number of exits: 7
Check size: $100k – $2m
Notable investments: Paack, Candex
Founders/Key People: Jose Miguel Herrero, Joaquín Azpilicueta
Website: https://www.bigsurventures.vc/
JME Ventures
JME Ventures is a sector-agnostic, early-stage venture capital firm based in Madrid, Spain, with a focus on investing in technology-driven companies. Established in 2009, JME Ventures manages three funds with over €120 million in assets under management (AUM) and invests in pre-seed, seed, and Series A stages, primarily in Spain but also considering companies with strong ties to Spain. The firm evolved from the investment activities of the José Manuel Entrecanales Foundation, initiated in 2009, and was officially created in 2016.
Headquarters: Spain
Investment Geography: Spain, United States, United Kingdom, Germany, Mexico, Sweden, Ireland.
Operating since: 2016
Investment Focus: Enterprise Software, AI, IoT, Data Analytics, BioTech, HealthTech, FinTech, Mobility, PropTech, Crypto, HRTech, EdTech, Social, FoodTech, SpaceTech, Cyber Security, Fashion, E-commerce, Digital Media, MarTech, TravelTech, Gaming, EnergyTech, Marketplaces.
Stages: Pre-Seed, Seed, Post-Seed, Series A, Series B+.
Number of investments: 89
Number of exits: 8
Check size: $100k – $5M
Notable investments: Job&Talent, Flywire
Founders/Key People: Samuel Gil
Website: https://www.jme.vc/
K Fund
K Fund is a venture capital firm that focuses on early-stage investments, primarily in digital and technology-driven companies in Spain, Portugal, and Latin America. It aims to support the growth and development of startups in these regions by providing capital, mentorship, and access to a broad network of industry professionals.
Headquarters: Spain
Investment Geography: Spain, United States, Germany, Netherlands, Italy, Belgium, United Kingdom, France, Australia, Portugal, Singapore
Operating since: 2016
Investment Focus: Enterprise Software, FinTech, InsurTech, TravelTech, HRTech, E-commerce, Marketplaces, Mobile, Data Analytics, FoodTech, EdTech, Energy.
Stages: Pre-Seed, Seed, Post-Seed, Series A, Series B+.
Number of investments: 90
Number of exits: 9
Check size: $1M – $10M
Notable investments: tldv;, Exoticca
Founders/Key People: Miguel Arias
Website: https://www.kfund.vc/
Kibo Ventures
Kibo Ventures, founded in 2012 in Madrid, Spain, focuses on empowering European tech entrepreneurs, aiming to solve significant problems and scale globally. With a team blending operational and investment expertise, they’ve established a substantial presence in Southern Europe, managing four funds and over €300M in assets. Their investments span 63+ companies, including 1 IPO and 5 unicorns, with notable exits to companies like PayPal and Airbnb. Kibo Ventures supports early-stage companies ready for global scaling, leading pre-Series A or Series A rounds with investments ranging from €2m to €5m.
Headquarters: Spain
Investment Geography: Spain, United States, United Kingdom, Germany, Mexico Portugal, Italy, Canada, Côte d’Ivoire, Singapore.
Operating since: 2010
Investment Focus: DigitalTech (Enterprise Software, Cloud Infrastructure, AI, ML, Consumer Tech, Consumer Apps, FinTech, TravelTech, Cyber Security, Gaming, Digital Media, Mobility, E-commerce, Fashion, Logistics, PropTech, HRTech, IoT, AdTech, Marketplaces).
Stages: Pre-Seed, Seed, Post-Seed, Series A, Series B+.
Number of investments: 109
Number of exits: 20
Check size: $500K – $5M
Notable investments: TIER, Flywire
Founders/Key People: Aquilino Pena
Website: https://kiboventures.com/
Seaya Ventures
Seaya Ventures is a prominent venture capital firm based in Madrid, Spain, with a significant focus on the European and Latin American markets. Since its inception in 2013, Seaya Ventures has actively managed over €600 million across five early-stage venture funds. The firm is renowned for its strategic investment in exceptional entrepreneurs aiming to build global technology companies. Seaya Ventures specializes in sectors such as Cloud, Enterprise & SaaS, supporting startups by leveraging its global platform, extensive network of founders, investors, and multinational corporations.
Headquarters: Spain (Madrid)
Investment Geography: Europe and Latin America
Operating since: 2013
Investment Focus: Mobility, Logistics, PropTech, Digital Health, AI, FinTech, InsurTech, AgTech, FoodTech, Cyber Security, TravelTech, Enterprise Software, Mobile, SaaS, Automotive, Marketplaces
Stages: Series A, Series B
Number of investments: 89
Number of exits: 18
Check size: $2m – $8m, $7m – $15m
Notable investments: Glovo, Cabify, Wallbox, Alma
Founders/Key People: Beatriz Gonzalez, Pablo Pedrejon
Website: http://seaya.vc/
Conclusion
Finding the right VC firm in Madrid can significantly impact your startup’s journey. The firms we’ve discussed are among the best in the city, each offering unique resources and networks. Take your time to evaluate which firm aligns with your business goals and can provide the support you need. With the right backing, your business is set to flourish in Madrid’s vibrant market.
