# Top 50 B2B VC (Venture Capital) Funds in Spain in May 2026 ## Draper B1 - Type: VC Fund - Location: Valencia, Comunidad Valenciana, Spain - Relevant deals: 4 - Stages: Seed, Pre-Seed - Focus: Software, SaaS, Internet Our mission is to help entrepreneurs who are innovating and transforming the way we live and work. ## Extension Fund - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 4 - Stages: Pre-Seed, Debt Financing - Focus: B2B, Insurance, Knowledge Management Extension Fund is a hybrid fund investing in Spanish early-stage technological companies through Venture Debt and Convertible Notes ## Encomenda VC - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Software, FinTech, SaaS Encomenda is a Venture Capital specialized in seed investments in technology startups. They open the door to investors and professional business angels to capitalize on their investments through collective investment vehicles. They minimize investment risks thanks to the diversification of the portfolio and preferential access to the best projectsin search of financing. ## Successful Ventures - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 3 - Stages: Pre-Seed, Seed - Focus: Software, Internet, B2B "Successful Ventures" ## Faraday Venture Partners - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 3 - Stages: Seed, Series A - Focus: E-Commerce, SaaS, Software Founded in 2011, Faraday Venture Partners is a pan-European Venture Capital firm investing in European innovative early-stage startups via its network of Clubs of Investors and its own Funds. ## ESADE BAN - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 3 - Stages: Seed, Angel, Series A - Focus: Software, Internet, SaaS ESADE BAN is a Barcelona-based business angel network that works to advance entrepreneurship and investments in Spain. ## ENISA - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 3 - Stages: Seed, Debt Financing, Pre-Seed - Focus: Software, Health Care, Information Technology ENISA is a public company under the Ministry of Industry, Energy and Tourism, through the Directorate General of Industry and Small and medium-sized enterprises which, since 1982, actively participates in the financing of viable and innovative business projects. ## Bonsai Partners - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 2 - Stages: Series A, Seed - Focus: Software, E-Commerce, Logistics Bonsai Partners is a Venture Capital investment company based in Madrid, Spain. We invest in both primary and secondary opportunities in Tech startups from Europe. ## Telegraph Hill Capital - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, E-Commerce, Enterprise Software Telegraph Hill Capital is an early-stage venture capital firm focused on start-up companies primarily in North America. ## Banco Sabadell - Type: VC Fund - Location: Alicante, Comunidad Valenciana, Spain - Relevant deals: 2 - Stages: Seed, Debt Financing - Focus: Software, E-Commerce, Internet Banco Sabadell is a banking group that specializes in serving small and medium enterprises. It comprises of several banks, brands, subsidiaries, and associated banks. The company was founded in 1881 and is headquartered in Alicante, Spain. ## Tandem Capital - Type: VC Fund - Location: Menlo Park, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Convertible Note - Focus: Mobile, Software, Apps Tandem Capital is a seed stage venture capital fund investing in stellar founding teams whose innovation extends beyond their products into how they acquire their customers, develop their distribution channels and build their overall brands. Its portfolio companies are disrupting such industries as construction, consumer packaged goods andelectronics, entertainment and media, food and beverage, manufacturing, and transportation and logistics. These businesses originate from various locations around the world but often run global operations and always benefit from a strong connection with Silicon Valley and the greater San Francisco Bay Area. ## Lánzame Capital SL - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: FinTech, Information Technology, Software Lánzame Capital is a pledge fund in Spain that invest in startups. Lánzame is promoted by a group of investors who work in different economic and business areas with many years of experience in different sectors. ## Lanai Partners - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 2 - Stages: Seed, Pre-Seed, Angel - Focus: FinTech, Software, E-Commerce Lanai Partners is an angel group that invests in digital startups in Spain. The company partners with business leaders that specialize in different areas of expertise to analyze all type of industries and create the maximum value their investments. Lanai Partners was founded in 2016 and is based in Barcelona, Catalonia, Spain. ## Point Nine - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, SaaS, Internet Point Nine Capital is a Berlin-based venture capital firm focused exclusively on early-stage Internet investments in areas like Software-as-a-Service (SaaS), online marketplaces, and mobile.The fund and its managers, Pawel Chudzinski and Christoph Janz have backed a number of highly successful Internet companies such as Delivery Hero, Clio,Shiftplanning, Vend, Typeform, and Zendesk from their earliest stages. ## Alma Mundi Ventures - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 2 - Stages: Series A, Seed - Focus: Software, InsurTech, Insurance We back bold and purpose-driven founders. ## Kibo Ventures - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 2 - Stages: Series A, Seed - Focus: Software, E-Commerce, Mobile Kibo Ventures, based in Madrid (Spain) is a VC Fund focused on early-stage investments in digital companies. Kibo Ventures manages $130 million from a mix of institutional and private investors, including IEF, Telefonica, the Spanish Government (through CDTI), Mutua Madrileña (Spain's largest insurance company) and Axis (ICO's 25year-old private equity arm).Specifically, Kibo likes to invest in companies which combine exceptional and committed teams, aiming to digitalize a product or service in a big-enough market with international potential. Kibo is managed by an experienced team of professionals with a solid track record, who are actively involved in the companies in which they invest. Kibo follows a stage-investment approach and financially supports portfolio companies as they grow, whilst promoting co-investment from valuable investors. ## Athos Capital - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence Athos Capital is a venture capital firm. ## Be Angels - Type: VC Fund - Location: Louvain-la-neuve, Vlaams-Brabant, Belgium - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, SaaS Early stage Entrepreneurs Coaching and FinancingOne of Europe's leading Business Angels Networks. We connect innovative growth companies to equity finance and coaching by experienced angel investors. The network is 250 members strong and has been assisting innovative entrepreneurs to find financing for more than 10 millions Euros in thelast 4 years. ## Enzo Ventures - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 2 - Stages: Pre-Seed, Seed - Focus: Software, B2B, Information Technology GEN Z Entrepreneurs empowering seed-stage companies across Europe. We love to invest in disruptive tech ventures at the very beginning. ## Caixa Capital Risc - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Biotechnology, E-Commerce Caixa Capital Risc (CCR) is the VC arm of CriteriaCaixa which invests in innovative companies in their start-up and growth stages. The company has three specialised teams in the areas of Information Technology, Life Sciences, and Industrial technologies. Caixa Capital Risc currently manages more than €300m through 11 specialised vehicles. ## PROfounders Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, Apps, Travel We are PROfounders. We are the proactive European early-stage venture fund. ## Levels Up Ventures - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 2 - Stages: Pre-Seed, Seed, Angel - Focus: Real Estate, Subscription Service, Internet Levels Up es una comunidad de startups, emprendedores, artistas, pensadores creativos, que tratan de dejar una huella positiva en la sociedad. ## Bonsai Venture Capital SCR - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 2 - Stages: Seed, Series A - Focus: E-Commerce, Advertising, Mobile Apps Bonsai Venture Capital has been encouraging entrepreneurs since 1999. ## Nero Ventures - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 2 - Stages: Seed, Series A - Focus: Marketplace, Information Technology, Software Nero Ventures is a venture capital fund focused on investments in companies with technology-based services in growth stages of development. Nero has a strong vocation for active management of investments, accompanying investees in several stages to reduce operational risk, sectorial and technology specialisation and presence in five European cities. ## Xesgalicia - Type: VC Fund - Location: Santiago De Compostela, Galicia, Spain - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Biotechnology, B2B XesGalicia is a Galician Venture Capital Management firm. It finances company development through the temporary acquisition of minority shares of the capital of unquoted companies. ## Unirisco Galicia - Type: VC Fund - Location: Santiago De Compostela, Galicia, Spain - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Mobile, Information Technology, Software We are the first venture capital company linked to projects from Universities. Meet our team and shareholders. ## Creandum - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Software, Information Technology, Mobile We support early-stage founders in building global, category-defining companies. From Seed to IPO and beyond. ## BBVA - Type: VC Fund - Location: Panama City, Panama, Panama - Relevant deals: 1 - Stages: Pre-Seed, Seed, Post-IPO Debt - Focus: Information Technology, FinTech, Financial Services BBVA provides consumer, corporate, small-company banking, and financial security investment services. The company was established in 1968 and is based in Panama City, Panama. ## Closed Loop Ventures - Type: VC Fund - Location: New City, New York, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: B2B, Fashion, Supply Chain Management We deploy early-stage capital into companies developing breakthrough solutions for the circular economy. ## Village Global - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, Information Technology Early stage venture capital backed by some of the world's best entrepreneurs. ## Hambro Perks Ltd. - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Secondary Market, Series A - Focus: Health Care, Software, Financial Services Hambro Perks partner with founders and entrepreneurs to support growth businesses at all stages of investment cycle. Hambro Perks has specialised and dedicated investment teams, working across a number of funds. In addition to their flagship Venture, EIS and co-investment funds, Hambro Perks offers a number of specialist differentiated investmentstrategies, including Hambro Perks Environmental Technology, Special Situations, and Access, which invests in venture secondaries. ## Cusp Capital - Type: VC Fund - Location: Essen, Nordrhein-Westfalen, Germany - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, SaaS, Information Technology Cusp Capital is a venture capital firm focused on European software and technology. The fund invests in early-stage companies on the cusp of redefining their industries by channeling new socioeconomic and technological paradigms. ## Zone2boost - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed - Focus: B2B, SaaS, FinTech Zone2boost is an open innovation program. ## Valencia Institute of Finance - Type: VC Fund - Relevant deals: 1 - Stages: Debt Financing, Seed - Focus: Marketplace, E-Commerce, Biotechnology Valencia Institute of Finance ## Stage 2 Capital - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, SaaS, Internet Stage 2 Capital home page, team, strategy, method, approach, and blog ## Nekko Capital - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Travel, Internet, SaaS Nekko Capital, a Barcelona-based Venture Capital firm aimed at investing in scalable early stage digital transformation companies led by outstanding teams with global ambitions and excellent execution capabilities. Nekko Capital has offices in Barcelona, London, Madrid & Paris. ## Quiet Capital - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, Health Care, Information Technology Move the world forward with quiet capital. We are builders who invest in remarkable founders from day zero. ## Aurorial - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: B2B, Retail, Travel Aurorial ## The Regional Promotion Society of the Principality of Asturias - Type: VC Fund - Location: Llanera, Asturias, Spain - Relevant deals: 1 - Stages: Seed, Debt Financing - Focus: Information Technology, B2B, Dental The Regional Promotion Society of the Principality of Asturias, S.A. (SRP) is a company whose majority of shares are held by the Government of the Principality of Asturias, which has acted as a body for economic promotion since 1984, and operates in the venture capital market.Our activity consists in driving forward the development of investmentprojects undertaken by Asturian companies (either newly created or already established), or companies that are going to set up in the region, by means of two financial instruments: participating in the share capital of companies, or by conceding loans, preferably subordinated loans. ## Innovacom - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 1 - Stages: Series A, Series B - Focus: Software, Mobile, Telecommunications For over eighteen years, Innovacom has helped launch innovative telecommunication and information technology startups such as Business Objects, Cobalt Networks, Gemplus, Infovista, Intershop, Kelkoo, LastMinute.com, Micronas, Soitec, and Tumbleweed. ## SGH CAPITAL - Type: VC Fund - Location: Luxembourg, Luxembourg, Luxembourg - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, Financial Services, FinTech Capital That Makes Sense. Tactical early stage technology investors in the US, Europe and beyond. ## Runa Capital - Type: VC Fund - Location: Palo Alto, California, United States - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, SaaS, Financial Services Runa Capital is a global venture capital firm built by serial entrepreneurs that invests in early-stage software startups around the world... ## 4Founders Capital - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, FinTech, Financial Services 4Founders Capital is Venture Capital fund, founded in Barcelona in 2017 investing in high growth technology companies with a clear focus on profit generation, efficient use of capital and with solid teams.4Founders Capital is promoted by Jesús Monleón, Marc Badosa, Javier Pérez-Tenessa and Marek Fodor. 4Founders team's international DNA andextensive experience as Founders and CEOs of successful technology companies allows to assist entrepreneurs and maximize their chances of success to build high impact global technology businesses.We are interested in projects with solid teams, which aim to create large international companies, with a market-tested superior product or service, and a clear revenue and profit generation model. Companies are not required to be in break-even.We invest anywhere from €100K in early stage investments, and typically bring co-investors with us to increase that amount. We do follow-ons for up to €4M per company over the lifetime of our investment. ## Notion Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, SaaS, Information Technology Notion Capital is a VC firm focused on European SaaS and Cloud. ## ESADE - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed - Focus: B2B, Ethereum, Software ESADE is an international academic institution with over fifty years of history. The main asset of this business school are people: faculty members and professionals who nurture reflection, dialogue, projects and initiatives to ensure excellent education, pioneering research and a valuable contribution to social debate and transformation.ESADE's key mission is to train individuals to become highly-competent professionals fully aware of their social responsibility. We promote education and research through our Law School and Business School with a firm commitment to intellectual rigour, critical analysis and academic excellence.The vast majority of ESADE's almost 40,000 alumni are ambassadors of these values in over one hundred countries and hold top-level posts in companies, public administration and the non-profit sector.ESADE's global prestige stems from its quality education, its international focus and its holistic approach towards professional and personal skills development.Throughout the years, ESADE has forged deep-rooted ties with the business, economic and social sectors as a platform for education and innovation, as a benchmark research centre and as a stage for reflection and dialogue. What's more, ESADE actively seeks out innovative solutions to the challenges of human resource and knowledge management, corporate innovation and globalisation, entrepreneurship and corporate social responsibility, as well as the solution of legal problems related to new business challenges.I'd like to welcome you to our website, where you can discover details of our programmes, faculty and campus life. And should you decide, it would be our pleasure to work with you personally in the pursuit of your personal and professional goals. ## Dozen Investments - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Gaming, Mobile Apps Dozen Investments is a venture capital and private equity firm based in Spain. ## Fides Capital - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Telecommunications, Software, Automotive Fides Capital is an investment firm, specialized in seed and early stage technology-based companies with scalable B2B business models that have already achieved recurring income. We back committed and experienced teams who are capable of leading ambitious projects with international projection. But, beyond the professional abilities, for usit's essential to have a personal understanding and alignment of interests with the entrepeneurs in order to row together in the same direction. Partnering with the teams is a key pillar in Fides's investment strategy since we like to collaborate actively with them, sharing our experience and knowledge. We invest between 50,000 € and 400,000 € per deal by disbursing funds in gradual installments and we co-invest with other participants that assume the role of lead investor.Our portfolio companies are mainly in the telecom, B2B services, health, fintech and edutech sectors: - AdmInMe (www.admin-me.com) - Agile Content (www.agilecontent.com) - eGarante: (www.egarante.com) - Excom (www.excom.es) - Imegen (www.imegen.es) - Indexa Capital (www.indexacapital.com) - Joinup (www.joinuptaxi.com) - Kuaderno (www.kuaderno.com) - Masmovil (www.masmovil.es) - Next (www.gruponext.es) - Nuubo (www.nuubo.com) - Playfilm (www.playfilm.tv) - Quantyca (www.quantyca.com) ## Wayra - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, SaaS Wayra is a globally connected and technological open innovation hub in the world. We currently operate in 10 countries: Argentina, Brazil, Chile, Colombia, Germany, Mexico, Peru, Spain, the United Kingdom, and Venezuela.Through Telefónica our global presence allows us to be at the helm of innovation, shoulder to shoulder with drivenentrepreneurs and in a position to engage the right partners and leaders of industries for business. Our mission is clear, to connect innovators with Telefónica and generate joint business opportunities. We are the interface between Telefónica and entrepreneurial ecosystems across the globe because innovation makes good business sense. ## Foxconn Technology Group - Type: VC Fund - Location: Taipei, T'ai-pei, Taiwan - Relevant deals: 1 - Stages: Series A, Series B - Focus: Software, Hardware, Information Technology Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd., is a Taiwanese multinational electronics contract manufacturing company headquartered in Tucheng, New Taipei, Taiwan. It is the world's largest electronics contract manufacturer,and the fourth-largest information technology company by revenue.The Companymanufactures connectors for use in PCs in Taiwan, and also manufactures connectors and cable assemblies worldwide. The Company also manufactures enclosures, primarily for desktop PCs and PC servers. Foxconn is the registered trade name for the Company. Connectors & Cable Assemblies Connectors have applications in various industries - computers, automobile, communications, consumer products, medical, and defense. Foxconn focuses on offering a range of connectors and cable assemblies for desktop and notebook PCs and PC peripherals. Approximately 500 types of connectors are produced and sold under the Company's own Foxconn brand name. Foxconn has branched into manufacturing connectors for communications and consumer products. PC Enclosures Foxconn manufactures PC enclosures for desktop computers. Depending on its client's specifications, the casings can be sold together with floppy disk drives, switching power supplies, connectors, cable assemblies, and riser cards. Foxconn provides integrated mechanical solutions for clients to deal with thermal, acoustic, environmental, mechanical, functional, and design problems.The Company primarilt serves in Taiwan. In addition it has distribution centers in various key cities in Asia, Europe, and America. Foxconn's principal manufacturing operations are based in Taiwan and mainland China. It has also set up production facilities in Europe and the United States. Foxconn is in the process of setting up new production facilities in Ireland, and is also considering Central America as a production center. Significant Events Hon Hai Precision Industry Co., Ltd. has established a unit to enter the business of assembling liquid crystal display (LCD) televisions. The company and Chi Mei Optoelectronics Corp. have formed a joint venture, Ampower Holding Ltd, that makes inverters meant for television sets fitted with TFT-LCD screens. The company has formed a strategic partnership with United Keys, Inc. As part of this partnership, Foxconn would build display-key input devices using United Keys technology. Display-keys are regular keyswitches with small OLED displays embedded in their tops. This allows interactive and image-based communication between software and users. On September 5, 2009, Sony Corporation announced that it has agreed to form a partnership with Hon Hai Precision Industry Co. Ltd. for the production of LCD TVs for the Americas region. ## TheVentureCity - Type: VC Fund - Location: Miami, Florida, United States - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, SaaS TheVentureCity is a global early stage venture fund, investing in product-centric startups across the US, Europe and Latam. We believe in founders who expect more from their VC. Our data-driven nature allows us to see beyond borders, knowing talent has no zip code. Which is why we have international hubs in Miami, Madrid, San Francisco and SaoPaulo. We create a steady current of resources, offering a combination of bespoke data insights and guidance from experienced operators. With product-led growth at our core.With more than $160M under management, we invest from pre-seed/seed with a ticket size from $100-300k to Series A with $1-4M. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co