# Top 50 Manufacturing Startup Investors in Spain in May 2026

## Centre for the Development of Industrial Technology (CDTI)
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 14
- Stages: Seed, Grant
- Focus: Biotechnology, Health Care, Software

The Center for Industrial Technological Development (CDTI) is a public corporation under the Ministry of Economy and Competitiveness, which promotes innovation and technological development of Spanish companies. Is the entity which channels requests for funding and support to projects I + D + i of Spanish companies in the national andinternational levels. The CDTI has a staff of more than 300 people formed three quarters of engineers and graduates. Although the bulk of the infrastructure of the CDTI is located in Madrid, the Centre offers Spanish companies a strategic network of offices and representatives abroad (Japan -SBTO (Spain Business and Technology Office) - Belgium -SOST (Spain Office of Science and Technology) and Permanent Secretariat Eureka-, Brazil -FINEP (Financier of Studies and Projects) -, Korea, Chile, Morocco, China, India, Mexico and USA) to support them in their technological activities of type int .

## BeAble Capital
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 11
- Stages: Pre-Seed, Seed, Series A
- Focus: Biotechnology, Manufacturing, Software

BeAble Capital is a Science Equity Fund, therefore it is a pre-seed, seed and early stage venture capital management company specialized in the identification, valuation, launch and development of technologies in the sectors of advanced materials (nanotechnology and biotechnology), photonics, micro and nano electronics and Information andcommunications technologies (ICT) platforms.It acts as the link between scientific, entrepreneurial and investing worlds to promote the transfer of technology, the creation and the development of technology-based companies (start-ups) from private equity. The company is focused on strong intelectual property and long R&D background projects. Their work provide value at different stages of development by offering support in strategic points such as the identification of technologies, valuation, transfer, companies creation, fundraising, marketing, internationalization and administrative and managerial expertise.

## Caixa Capital Risc
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 8
- 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.

## SODENA
- Type: VC Fund
- Location: Pamplona, Navarra, Spain
- Relevant deals: 7
- Stages: Debt Financing, Seed
- Focus: Biotechnology, Health Care, Software

SODENA is the main instrument of the Government of Navarre for the business development of the region. SODENA carries out its activities as a public limited company, with a majority direct shareholding of 65.42% by the Government of Navarre, and an indirect participation through Nafinco (14.58%). It also participates in the shareholding of GrupoCorporativo Empresarial Caja Navarra (20%), through TME 2001 CorpCan, S.L.

## Inveready
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 7
- Stages: Seed, Series A
- Focus: Software, Biotechnology, Information Technology

Inveready is a leading alternative asset manager in Spain - investing in early-stage VC, growth VC, venture debt, strategic equity in listed companies, infrastructure and private equity - providing financing solutions to companies throughout their life-cycle. Founded in 2008, Inveready counts on 177 active companies, 61 exits and more than €1bnof assets under management. Some of our portfolio companies have been acquired by multinationals such as Intel, Symantec, IBM, and Facebook, whilst others are listed in public markets such as NASDAQ, the Spanish BME Growth, AIM London, and Euronext Growth. (visit www.inveready.com for more information)

## Iberdrola
- Type: VC Fund
- Location: Bilbao, Pais Vasco, Spain
- Relevant deals: 5
- Stages: Series A, Seed, Series B
- Focus: Solar, Manufacturing, Energy

IBERDROLA, S.A., together with its subsidiaries, engages in the production, switching, and distribution of electricity and gas worldwide. It generates electricity primarily through nuclear, fossil-fuel, and hydroelectric power. The company also engages in retail of electricity under the tariff systems. In addition, IBERDROLA generateselectricity from renewable energy sources, as well as engages in the gas storage, and electricity and gas supply activities. Further, it provides telecommunications services, as well as engineering, consulting, and information technology services. Additionally, the company engages in real estate and other related activities. As of September 30, 2008, it distributed electricity to 10 million customers in Spain, 3.5 million customers in the United Kingdom, and 9 million customers in Latin America.

## Wayra
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 5
- 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.

## ENISA
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 5
- 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.

## Faraday Venture Partners
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 5
- 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.

## Bullnet Capital
- Type: VC Fund
- Location: Pozuelo De Alarcón, Madrid, Spain
- Relevant deals: 4
- Stages: Series A, Seed
- Focus: Software, Information Technology, Enterprise Software

Independent Venture Capital Firm specialized in high technology Spanish start-ups. Helping tech entrepreneurs during the early stages of their company to build successful businesses

## Clave
- Type: VC Fund
- Location: Pamplona, Navarra, Spain
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Biotechnology, Health Care, Software

Clave is an investment management company.

## CDTI
- Type: VC Fund
- Location: Ventura, California, United States
- Relevant deals: 4
- Stages: Seed, Debt Financing
- Focus: Software, Information Technology, Health Care

CDTi (NASDAQ: CDTI) is a cleantech emissions control company that designs, develops and manufactures sustainable solutions to reduce emissions of on- and off-road engine applications.

## Cofides
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 3
- Stages: Debt Financing, Private Equity
- Focus: Manufacturing, Industrial Engineering, Automotive

Cofides provides cost-effective, medium and long-term financial support for viable private investment projects.

## Angels Capital
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 3
- Stages: Seed, Angel
- Focus: Software, E-Commerce, Financial Services

Angels Capital philosophy is to find and support at 1 able to lead a project. Their goal is to support the entrepreneurial, helping to create new businesses, help grow their business sector, generate employment and create wealth.

## Clave Mayor
- Type: VC Fund
- Location: Pamplona, Navarra, Spain
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Biotechnology, Medical

Clave Mayor is a management company of closed investment entities based in Navarra.

## GoHub Ventures
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Internet of Things, Artificial Intelligence

Ayudamos a startups deep tech a convertirse en grandes participantesen el sector del agua, industria 4.0 y smart cities.

## 101 Startups
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 3
- Stages: Seed, Angel
- Focus: Internet, Mobile, Software

101Startups is an investment firm based in Spain that specializes in early-stage startup companies.
The company is an investment fund which aims to invest in early stage digital and new technology companies.

## EASO Ventures
- Type: VC Fund
- Location: San Sebastian, Pais Vasco, Spain
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Health Care, Education

Easo Ventures es una Sociedad de Capital Riesgo Vasca y Privada, cuyo objetivo es invertir en Startups y PYMES con proyectos de crecimiento.

## All Iron Ventures
- Type: VC Fund
- Location: Bilbao, Pais Vasco, Spain
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, E-Commerce, Internet

All Iron Ventures partners up with bold founders promoting innovative startups. We mainly invest in the early stages of European companies that aspire to reshape the future of both consumers and enterprises through technology. We at All Iron Ventures have been and continue to be entrepreneurs. We know what it is to be a founder and empathize withthe challenges our partner founders face. We put our resources and experience creating, scaling and selling companies at their disposal to help them take their projects to the next level. Based in Bilbao, Spain, and with approximately €110Mn under management, All Iron Ventures was promoted by the founders of Ticketbis, a global marketplace sold to eBay in 2016, in what is one of the main success stories in Spain’s startup ecosystem.

## Alantra
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Private Equity, Debt Financing, Series B
- Focus: Financial Services, Manufacturing, Information Technology

ALANTRA is a PROJECT, a firm being built by all its partners and professionals, a collective aspiration which aims to become an enduring institution for the generations to come.
It is a GLOBAL FIRM, being founded by the partners of the 19 countries we are present in.It is an open firm, articulated around the principles of ENTREPRENEURSHIP,PARTNERSHIP, INNOVATION and FLEXIBILITY.Their segment is the MID-MARKET, a space for growth, for new ambitions, for creative and innovative spirits. We grow with our clients, we share their mindset and we build very long-term relationships with them.

## JME Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

JME Venture Capital is an early-stage investment fund based in Madrid and Barcelona. The company was established in 2009 and is based in Madrid, Spain.

## Ricari
- Type: VC Fund
- Location: Logroño, La Rioja, Spain
- Relevant deals: 2
- Stages: Seed, Corporate Round
- Focus: Manufacturing, Music, Therapeutics

Ricari, Desarrollo de Inversiones Riojanas S.A., is an independent investment company founded in 1.990 with the purpose of develops and improves the industrial and economical activity in the Rioja Region, and support new business initiatives. They were the pioneer doing this kind of activity in their Autonomous Community.Currently they manageabove 5 million Euros, ready for new investment. The funds are managed by their team from their office in Logroño. They welcome other institutions who want to invest with us.Their aim is to work closely as a partner, not only granting financial aid but also strategic and management assistance but without interfering with the day today running of the business. Ricari gives support to companies constructive approach though constant dialogue with the management team and the share holders.They are temporary investors. Ricari remains a shareholder of each company between three and six years.They have the same shareholders from the origin. Their investors are prestige and solvent institutions of the Rioja Region: * Agencia de Desarrollo Económico de La Rioja * Caja de Ahorros de La Rioja * Ibercaja * Iberdrola * Cámara de Oficial de Comercio e Industria de la Rioja * Federación de Empresarios de La Rioja * Unipapel * Corporación Empresarial ONCE

## Sociedad Regional de Promocion del Principado de Asturias
- Type: VC Fund
- Location: Llanera, Asturias, Spain
- Relevant deals: 2
- Stages: Debt Financing, Seed
- Focus: Software, Manufacturing, Big Data

La SRP del Principado de Asturias opera en el mercado del capital riesgo y actúa como organismo de promoción económica desde 1984

## TECH TRANSFER AGRIFOOD
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 2
- Stages: Seed
- Focus: Food and Beverage, Baby, 3D Printing

TECH TRANSFER AGRIFOOD is a Venture Capital firm.

## Demium Capital
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 2
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Health Care, Information Technology

Demium is a talent investment company founded in Spain in 2013 with the aim of supporting the best professionals and helping them to carry out successful projects, always with an eminently digital and technological component. In November 2020, it's asset management company, Demium Capital, started operating with a first €50M fund to invest inmore than 75 early-stage startups per year (pre-seed/seed), becoming the most active venture capital fund in Spain. Startups such as Hannun, Voicemod, Swipcar, Citibox, Singularu or Landbot, among others have been created in the incubator. The company is present in five countries: Spain, Portugal, Poland, Ukraine and Czech Republic

## Eatable Adventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Food and Beverage, Food Processing, Agriculture

Eatable Adventures detects, promotes and invests in the most disruptive startups that promise a relevant impact on the agri-food value chain, by developing and implementing successful collaboration models with leading companies in the food industry, generating innovation opportunities at high speed.

## TRUMPF Venture
- Type: VC Fund
- Location: Ditzingen, Baden-Wurttemberg, Germany
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Manufacturing, Software, Artificial Intelligence

The corporate venture capital arm TRUMPF Venture extends TRUMPF’s comprehensive activities to promote innovation and to detect disruptive technologies and business models early on. TRUMPF is the world technological and market leader for machine tools used in flexible sheet metal processing as well as industrial lasers. TRUMPF Venture investsglobally in early-stage start-ups active in areas complementary or adjacent to the TRUMPF core, such as Advances Photonics and Smart Factory. Funded start-ups benefit from an extensive network, deep domain knowhow, proven skills in scalability as well as support to access the TRUMPF group and its ecosystem. The requirements for a potential investment are a strategic fit, a high innovation leverage and differentiation in business model or technology, an experienced management team and risk adequate financial returns.

## Repsol Energy Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Software, Energy, Hardware


Repsol Energy Ventures is the venture capital arm of integrated global energy company Repsol.

## MOIRA CAPITAL DESARROLLO KAPPA, SICC
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Focus: Energy, Mobile, Software

MOIRA CAPITAL DESARROLLO KAPPA, SICC invests in innovative capital firms.

## Marcos Julian
- Type: Angel
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed
- Focus: Manufacturing

Marcos Julian - CEO @ Dessire

## La Bolsa Social
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Health Care, Elderly, Fashion

La Bolsa Social is an equity crowdfunding platform that aims at funding the growth of companies with a positive social and environmental impact. The platform is focused on the investors who seek a comprehensive profitability in the economic, social, and environmental sectors. It connects impact investors with companies that improve society and theenvironment. Its objective is to improve the financing of companies with growth potential that has a positive impact on society and the environment and promoting ethical finance. Founded in 2015, La Bolsa Social is authorized in Spain by the CNMV.

## MassVentures
- Type: VC Fund
- Location: Boston, Massachusetts, United States
- Relevant deals: 1
- Stages: Grant, Seed
- Focus: Software, Manufacturing, Health Care

MassVentures is a venture capital firm focused on fueling the Massachusetts innovation economy by funding early-stage, high-growth Massachusetts startups as they move from concept to commercialization.

## TechVision Fund
- Type: VC Fund
- Location: Aachen, Nordrhein-Westfalen, Germany
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Health Care, Artificial Intelligence

VF-Funds for innovative and scalable start-ups from the Rhineland Area, Germany

## Bewater Funds
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Seed, Secondary Market
- Focus: Software, SaaS, Machine Learning

Venture capital management company with moninvestment funds and liquidity for the investors.

## Sitka Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed
- Focus: Fashion, Jewelry, Delivery

Sitka Capital is an investment vehicle focused on pre seed and seed phases. Its founders Carlos Guerrero, Jaime Garrido, and Miguel Lobón invest in internet, technology-based startups with high growth potential and innovative business models with a maximum of 50,000 euros. Among their investment criteria they usually give priority to scalablebusiness models, equipment, internationalization, growth capacity and differential technological aspects.Sitka Capital has a network of private investors called Sitka Ban, which aims to spread the culture of Venture Capital in Spain. Therefore, it intends to create the largest business angel community in Europe and give way to two problems in the investment ecosystem: Improve the Deal Flow and the lack of Investors in Series A onwards. For now, Sitka Ban has reached quality deal flow exchange agreements with the most prestigious global startup accelerators, as well as involving Venture Capital from cities such as Berlin, Paris and London in its investor unions. Among the startups invested by Sitka Capital we find Iwopi, a social and sports social network that connects people with companies and social projects; PopPlaces.com, the online commercial space rental market for days that offers a wide range of places for companies, artists, designers and brands to make their products known; Viuing, the first portable device that broadcasts in real time everything that is happening in the event; iOmando, the app that allows you to use your mobile phone as a key; or the Finanzarel group.

## Capital V
- Type: VC Fund
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Food and Beverage, FinTech, Organic Food

Transforming the global system to one that is more sustainable – from the perspectives of environment, food scarcity, health and animal welfare – by investing in solutions that facilitate sustained behavioral change and eliminate the consumption of animal products. Investing in vegan ventures

## CRB Inverbío
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Medical, Health Care, Biotechnology

CRB Inverbio is a private venture capital management firm specialized in life sciences investing in innovative early stage start- ups in biotech, med tech, digital health and medical technologies

## Creas
- Type: VC Fund
- Location: Mersin, Mersin, Turkey
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Baby, Medical, Agriculture

Creas is an online platform that offers web design, graphic design, and software solutions for its users.Its current chain of services includes: web design, graphic design, software, e-commerce site, advertising photo, google ad, facebook ad, SEO solutions, server services, virtual power plants, banner design, and printing solutions. Creasalso conducts an after sales special training session for its customers.Creas was launched in 2004.

## Leanox Impact Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Health Care, Shoes, Solar

Leanox invests in people that make a difference. We bring our expertise, advice and network to founders, by connecting purpose-driven bright minds with investors who seek impact beyond returns. Specialized in seed funding, we invest in sustainability-driven startups.

## Keiretsu Forum Northwest
- Type: VC Fund
- Location: Seattle, Washington, United States
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Health Care, Software, Biotechnology

Keiretsu Forum is a community of private equity investors, business leaders and entrepreneurs with a network of over 50 global chapters and more than 2,500 investor members.

## Enagas Emprende
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Seed
- Focus: Battery, Automotive, Electronics

Enagas Emprende is a corporate venture capital that invests in startups and innovative technologies in the energy transition sector with a specialization on renewable gases, sustainable mobility, energy efficiency, digitalisation, and cleantech. Enagas Emprende was founded on 2016 and is headquartered in Madrid, Spain.

## Enagas
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Aerospace, Logistics, Geospatial

Enagas is an energy company specialized in the development, operation, and maintenance of gas infrastructures. They also import liquid natural gas on methane carriers and operates regasification plants in Barcelona, Huelva, and Cartagena. The company provides gas transportation services through natural gas regasification services and gas pipelinesand operates underground storage facilities.It also operates approximately 19 compressor stations and 416 regulation and metering stations and 12,000 kilometers of gas pipelines. In addition, the company involved in the operation and technical management of the basic network and secondary transportation network for natural gas.Enaga's mission is to manage and develop infrastructures in a global context, in a safe, efficient and sustainable manner; fulfilling responsible with the current regulation and contributing to the guarantee of supply, in particular, as System Technical Manager in Spain.Enagas was founded in 1972 and is based in Madrid, Spain.

## EIC Fund
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed

start-ups, SMEs, technology, co-investment

## Moira Capital Partners
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Private Equity, Seed
- Focus: Biotechnology, Apps, Energy

Moira Capital Partners is private equity firm

## Growth Partners Capital
- Type: VC Fund
- Location: Cascais, Lisboa, Portugal
- Relevant deals: 1
- Focus: Market Research, Internet of Things, Telecommunications

Growth Partners Capital is a truly Iberian investment firm that is managing multiple private equity funds. Our clear focus is private equity with the objective to maximize profitable growth of companies, while securing downsize protection. We are sector agnostic: our focus is to acquire companies with a proven business model, a strong group ofentrepreneurs, a moderate debt and a clear desire and strategy to accelerate profitable growth.

## Zamit Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Series B
- Focus: SaaS, FinTech, Logistics

Zamit Capital is an investment firm.

## Basque Fund
- Type: VC Fund
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Big Data, Analytics, Industrial

Basque Fondo is a venture capital investment firm.

## Polynom Investment
- Type: VC Fund
- Location: Malmö, Skane Lan, Sweden
- Relevant deals: 1
- Focus: Health Care, Pharmaceutical

Polynom Investment is an international investment company that invests in scaleups in Sweden and Europe with the aim of making small savers everyday and society better over a rolling investment horizon of 10 years with a return target of 15%.

## Eurazeo
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series B, Series C
- Focus: Software, Information Technology, FinTech

Eurazeo is a private equity and venture capital firm that invests in SMEs and manages a diversified portfolio of assets.With its expertise in private equity, real estate, and private debt, the group supports companies of all sizes in their development commitment through the commitment of its 235 professionals. It provides companies with thenecessary investments needed to realize their growth potential.The firm was founded in 1969 and is based in Paris, Ile-de-France, France.

## Orza Investments
- Type: VC Fund
- Location: San Sebastian, Pais Vasco, Spain
- Relevant deals: 1
- Stages: Seed
- Focus: Drones, Robotics, Security

ORZA is a direct investment entity, part of the ELKARKIDETZA and GEROA pension funds, which deals with the acquisition of shares in businesses.It supports the Basque business sector through expansion and internationalisation projects, MBO and MBI transactions, to resolve questions of corporate succession and in the substitution of minorityshareholders.

# 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
