Venture Capital Firms in Madrid

30 investors found

Browse 30 Venture Capital Firms in Madrid. Discover top investors, their portfolios, AUM, and investment focus on InforCapital.

21 Invest

21 Invest

InvestorItaly1.5B AUM

21 Invest is an established European private equity firm with a history spanning over three decades, founded in 1992 by Alessandro Benetton. The firm focuses on investing in mid-market companies across various sectors, aiming to support their growth and expansion. With a global mindset and local reach, 21 Invest operates through country-specific funds managed by local teams in key European markets.The firm's investment strategy centers on identifying, distinguishing, and enhancing value in its portfolio companies. They actively support growth through organic expansion, platform strategies, and internationalization. 21 Invest has a strong commitment to sustainability, integrating environmental, social, and governance (ESG) criteria throughout its investment processes to foster sustainable value creation.21 Invest targets a diverse range of sectors, including industrial manufacturing, food & beverage, healthcare, technology, business services, software, education, logistics, production, consumer goods, retail, and leisure. The firm has made over 110 investments and has approximately €1.5 billion in assets under management. Notable activities include the recent exit of FMA Group to Synex in March 2026 and the expansion into venture capital through a partnership with 2100 Ventures, focusing on early-stage investments in areas like SaaS, AI, fintech, and ClimateTech.Headquartered in Treviso, Italy, 21 Invest maintains a significant presence across Europe with offices in Milan, Paris, Madrid, and Warsaw. The firm prides itself on an experienced team of about 50 professionals who leverage an entrepreneurial mindset to drive the success of their portfolio companies.

Abac Capital

Abac Capital

InvestorSpain600M AUM

Abac Capital is a Spanish independent private equity firm established in Barcelona and Madrid, focusing on creating sustainable value in mid-market companies and their communities. The firm invests in solid, growing businesses that require transformational capital, guiding them through sustainable, digital, and international growth initiatives. Abac Capital is committed to generating positive social and environmental impact, integrating sustainability as a core pillar of its investment strategy since its inception.Founded in 2014, Abac Capital's management team brings extensive experience in investments across various sectors, countries, and deal structures. The firm operates with a hands-on approach, partnering with leadership teams to define and execute business strategies. They leverage a network of over 30 operating partners, known as Abac Fast Forward, who provide specialized expertise in digital transformation, sustainability, and operational improvements to drive value creation.Abac Capital manages and advises several funds, including Abac SV Fund II FCR and Abac Solutions (SCA) SICAR, which are private equity vehicles. Additionally, the firm has a venture capital arm, Abac Nest II, which focuses on early-stage technological companies. Abac Capital is a Certified B Corporation, demonstrating its commitment to high standards of social and environmental performance, transparency, and accountability.The firm targets small and medium-sized companies with revenues above €30 million and EBITDA above €5 million, with average equity investments ranging from €15 million to €60 million. Their portfolio companies span various industries, including services, industrials, TMT, consumer digital, healthcare, and energy. Abac Nest specifically invests in areas such as consumer, fintech, and software, with a strong focus on artificial intelligence applied to business problems.

Addendum Capital

Addendum Capital

InvestorSpain

Addendum Capital is an early-stage investment firm that focuses on providing venture capital to technology companies. The firm is particularly interested in B2B SaaS (Software as a Service) solutions and deep technology-based ventures. They adopt a hands-on approach, working closely with founders from the very early days to foster growth and establish trusted, value-added relationships.Founded in 2020 by Enrico Raggini, Addendum Capital was established with the mission to invest in outstanding founders who possess unique and out-of-the-box ideas. Enrico Raggini, who serves as the CEO and Founder, brings over two decades of experience in cybersecurity, having previously acquired and grown Spamina before its merger with Hornetsecurity and subsequent sale to Providence, a US private equity fund. This background underpins the firm's strategic focus on innovative technology companies.The firm's investment strategy targets early revenue companies with a Minimum Viable Product (MVP) and a clear Product Market Fit (PMF), emphasizing high potential growth and global scalability. Addendum Capital primarily invests in Pre-Seed, Seed, and Series A rounds. Their portfolio includes companies such as GuruSup, a platform utilizing AI agents for customer service and process automation, in which they co-invested in a seed round. Other notable investments include Bfore.ai, Auravant, ADNtro, and Kymatio.Addendum Capital concentrates its investments within five main verticals: CyberSecurity, HealthTech, Data & Analytics, AgroTech, and Logistics, while continuously monitoring new market trends. The firm's geographical focus is on EU-based companies, with a broader interest in Western Europe and Latin America. Enrico Raggini's extensive experience in the technology sector, particularly in cybersecurity, and the firm's commitment to a hands-on approach, are central to their investment philosophy and support for portfolio companies.

A

Alpha Wave Ventures

InvestorUnited States19.4B AUM

Alpha Wave Global, originally established as Falcon Edge Capital in 2012, is a prominent global alternative asset manager. The firm operates across various verticals, including private equity, private credit, public markets, and venture capital, with a strategic focus on growth and expansion-stage companies worldwide. Alpha Wave Global aims to be a long-term partner to founders and management teams, providing both capital and strategic guidance to foster company growth and innovation.The firm was founded by Rick Gerson, Navroz D. Udwadia, and Ryan Khoury. Rick Gerson, who serves as Co-Founder, Chairman, and Chief Executive Officer, previously held a significant role as a Founding Member and Managing Director at Blue Ridge Capital for 15 years. Alpha Wave Global manages a series of funds, including Alpha Wave Ventures and Alpha Wave Incubation, targeting diverse investment opportunities globally.Alpha Wave Global has built an extensive portfolio of over 200 investments, backing high-profile companies such as SpaceX, Lenskart, and Ola Electric. Other notable investments include Advanta Seeds, Metsera, ZEDEDA, HiBob, Anthropic, Hunch, and the Mensa Group. The firm's investment strategy spans a wide array of sectors, including information technology, fintech, artificial intelligence (AI), life sciences, consumer internet, B2B sectors, cultivation, drug discovery, business/productivity software, agritech, biotech, energy & utilities, hardware, robotics & IoT, legal & professional services, pharma, real estate & proptech, sharing economy, software & apps, food products, and healthcare.With offices in major global hubs such as New York, Miami, London, Abu Dhabi, Tel Aviv, Bangalore, Jakarta, Sydney, Mumbai, and New Delhi, Alpha Wave Global manages approximately $19.4 billion in assets under management as of December 31, 2024. The firm's approach emphasizes identifying and supporting companies that are poised to disrupt industries and create significant value.

A

Arcano Partners

InvestorIreland13.0B AUM

Arcano Partners, founded in 2003, is an independent international financial advisory and alternative asset management firm headquartered in Madrid, Spain. It operates across four core business lines: Investment Banking, Asset Management (including Private Equity, Credit, Real Estate, Sustainable Infrastructure, Venture Capital, and Aviation Finance), Asset Finance, and Research & Strategic Advisory. The firm is recognized for its Merchant-Banking model and emphasis on sustainable, responsible investing. With over €12 billion in assets under management and advisory since inception, Arcano’s Asset Management arm focuses on primary, secondary, and co-investment opportunities in mid-market private funds and companies in Europe and the U.S. The firm has more than 250 professionals supporting more than 400 funds and 3,000 underlying companies. It is also a signatory to the UN PRI, reflecting its ESG commitment. Arcano is structured around a partnership model with offices in major European and U.S. financial hubs. Its approach combines high-level M&A advisory, specialist credit & asset financing, macroeconomic research, and tailor-made private markets solutions. The firm also ranks among the top 10 global managers in private equity secondaries, according to the HEC Paris–Dow Jones ranking.

Axon Partners Group

Axon Partners Group

InvestorSpain721M AUM

Axon Partners Group is a global investment and consulting firm that focuses on technology and innovation. The firm operates with a dual approach, offering both investment management and strategic consulting services. They partner with visionary leaders to drive innovation and create value in the technology sector, while their consulting arm provides insights and expertise for strategic, commercial, policy, and investment decisions. Axon Partners Group emphasizes effective strategies and investments to leverage innovative technologies for a better world.Founded in 2006 by Francisco Velázquez, Axon Capital and SVP Advisors initially operated as two separate entities in Madrid. Axon Capital focused on tech transfer venture capital, aiming to extract value from university technologies in Spain, and secured its first tech transfer VC fund in July 2007. SVP Advisors, on the other hand, extended Velázquez's consulting experience internationally. In 2012, Axon Capital and SVP Advisors merged to form Axon Partners Group, expanding their team and global reach. The firm successfully completed an IPO and was listed on the Madrid Stock Exchange, raising approximately €12 million.Axon Partners Group has a diverse portfolio with investments in various technology-driven companies. Recent investments include Dynamics VR, ISAAC (Construction and Engineering), and Grodi (Agriculture). The firm has also invested in companies like Taalentfy, a technology platform for employability and career guidance, and Odders, an XR company specializing in virtual reality games and applications. Other notable investments include Metricool, Instaleap, and W•SENSE. Axon Partners Group has also made 43 exits, with its latest being from Dogfy Diet in October 2025.The firm's team comprises over 100 seasoned professionals across its Consulting and Investment divisions, with diverse backgrounds and nationalities. This international team combines multi-sector tech expertise with a proven investment and advisory track record, aiming to deliver the agility of a boutique firm with the capabilities of a global company. Key management includes Francisco Velázquez as Chairman and Managing Partner, and Alfonso de León and Dimitri Kallinis as Managing Partners and Board Members.

B

Bewater Funds

InvestorSpain75M AUM

Bewater Funds is a Spain-based investment firm providing liquidity to shareholders of private, high-growth technology companies. The firm operates an innovative investment model that enables investors to acquire minority stakes in private companies via specialized vehicles, offering a solution to the illiquidity problem faced by early investors, founders, and employees. Targeting Spanish and European startups with proven revenues and solid business models, Bewater Funds focuses on profitable or near-profitable tech companies seeking flexible capital solutions. Their approach allows investors to gain exposure to venture-scale businesses while giving existing shareholders the ability to partially exit without a full company sale or IPO. With a strong emphasis on transparency, governance, and digital efficiency, Bewater Funds utilizes a regulated and tech-enabled platform to structure its investments. The firm brings together professional investors and growing tech companies, bridging the gap between venture capital and private equity in the European innovation ecosystem.

Big Sur Ventures

Big Sur Ventures

InvestorSpain

Big Sur Ventures is a Madrid-based venture capital firm specializing in early-stage technology investments across Spain and Europe. Founded in 2012, the firm focuses on two core themes: Deep Tech and the Power of the Internet. Within Deep Tech, they invest in cutting-edge fields such as Quantum Computing, Artificial Intelligence, Advanced Materials, Photonics, Microelectronics, and Nanotechnology, aiming to address global challenges in areas like energy, decarbonization, climate, and mobility. Their Power of the Internet investments target transformative products and services enabled by software, internet, and information technology, including AI-native software, cybersecurity, and B2B solutions.The firm is known for its high-conviction, hands-on investment approach, often leading early rounds from Pre-Seed to Series A. Big Sur Ventures typically invests between €100k and €1M in their initial investments, partnering closely with founders to provide operational guidance, transactional expertise, capital, and a robust network. Their commitment extends to integrating Environmental, Social, and Governance (ESG) criteria throughout their investment cycle and promoting responsible principles within their portfolio companies.Big Sur Ventures boasts a diverse portfolio of disruptive companies. Notable investments include Floatech, a company focused on electrifying the future; Frenetic (SP Control), which has seen significant growth with Big Sur's support; and Smart Protection, recognized for its potential to become a global leader. Other portfolio companies span various sectors, such as PandaGo, Funidelia, Joinup, Trucksters, BDEO, Paack, Axiomatic_AI, LuxQuanta, Nanopower Semiconductor, Devengo, Networkme, Submer, and Nailted.The team at Big Sur Ventures comprises experienced professionals, many of whom are former startup founders themselves, bringing a deep understanding of the entrepreneurial journey. Key team members include Jose Miguel Herrero (Managing Partner), Joaquín Azpilicueta (Operating Partner), Sergio Choclán (Partner), Ismael Almazán (Partner), and Carlos Galve (Partner), among others. This collective expertise allows them to act as true partners and advisors, helping exceptional entrepreneurs build and scale great companies.

Buenavista Equity Partners (formerly GED Capital)

Buenavista Equity Partners (formerly GED Capital)

InvestorSpain1.0B AUM

Buenavista Equity Partners, formerly known as GED Capital, is an independent Spanish private equity firm established in 1996. With over 28 years of experience, the firm has pioneered private equity investments in Spain, focusing on the lower mid-market segment. It operates as a multi-asset manager, overseeing approximately 1 billion euros across various investment vehicles, including Private Equity, Real Assets/Infrastructure, and Venture Capital. The firm's rebranding to Buenavista Equity Partners in 2023 reflects its evolution and commitment to a dynamic, global presence while maintaining its legacy in the Iberian market.The firm's investment strategy is diversified across three main verticals. In Private Equity, Buenavista Equity Partners specializes in majority or significant minority investments in small and medium-sized enterprises (SMEs) across the Iberian Peninsula and Southeast Europe, often employing buy-and-build strategies for organic growth and acquisitions. Its Real Assets/Infrastructure arm focuses on smaller greenfield and brownfield infrastructure projects, including urban development and energy efficiency initiatives. Through Buenavista Ventures, the firm invests in early-stage technology startups and innovative companies in Spain and Portugal, with a particular interest in proprietary technologies and digital advancements.Buenavista Equity Partners boasts a robust track record, having completed numerous investments and successful exits. Recent activities include the launch of the B/Buyout III fund with a target size of €250 million, aimed at acquiring majority stakes in high-growth Spanish companies, and the establishment of the BV Healthcare Growth Innvierte I fund, a €100 million healthcare-focused initiative in partnership with Columbus Venture Partners. The firm also recently exited its investment in Aviaction, which was acquired by Artá Capital. Buenavista Equity Partners emphasizes a strong industrial component in its investment approach, leveraging its team's extensive experience to drive value creation and sector-specific growth.Headquartered in Madrid, Spain, with an additional office in Lisbon, Portugal, Buenavista Equity Partners operates across Europe. The firm is committed to responsible investment, applying Environmental, Social, and Governance (ESG) criteria in its management model and being a signatory of the United Nations Principles for Responsible Investment (PRI). Its stable and cohesive team of professionals, totaling 54 members, brings a collective experience of over 300 years across various economic cycles, ensuring deep market knowledge and a proprietary deal flow that accounts for more than two-thirds of its total transactions.

BULLNET CAPITAL III, SCR PYME S.A

BULLNET CAPITAL III, SCR PYME S.A

InvestorSpain100M AUM

Bullnet Capital is an independent Venture Capital firm based in Madrid, Spain, specializing in early-stage, high-technology Spanish start-ups. The firm focuses on companies with proprietary, disruptive technologies that are the result of significant scientific effort or deep technical knowledge. Their investment scope primarily covers the IT arena and closely related areas, including enterprise software, electronics, photonics, laser, medical devices, and scientific instrumentation. Bullnet Capital adopts a hands-on approach, aiming to be a value partner for founders by providing strategic and managerial support beyond just funding, particularly during the initial stages of a company's development.The firm was co-founded by Javier Ulecia and Miguel del Cañizo, who began their professional collaboration in 1990. After jointly managing an Internet Incubator named Doing from 2000 to 2001, they launched Bullnet Capital I around mid-2001, with strategic and financial backing from Bruno Entrecanales. This initial fund, totaling 18 million euros, was officially established in March 2003 to support technological start-ups in Spain. The team expanded with Carmen Arenzana joining full-time in 2009, followed by José Luis Gómez in December 2009.Bullnet Capital manages several funds, including Bullnet Capital I, II, III, and IV, each supporting a diverse portfolio of innovative companies. Notable investments from Bullnet Capital III include Wooptix, LeanXcale, 2eyesVision, Fyla, Viewtinet, Sphere, ANYVERSE, Bitsphi, and Bioherent. More recent investments span across various high-tech domains, such as Bioherent in drug discovery, LeanXcale in database software, MLCode in business/productivity software, and FlexiiC in application-specific semiconductors.The leadership team, including Managing Partner Javier Ulecia and Partners Miguel Larrea and Juan Roure, brings extensive experience in deep tech investments. Their expertise combines technical knowledge with a long-term capital approach to foster high-risk, high-impact innovation. Bullnet Capital is also supported by the European Investment Fund through InnovFin Equity Venture Capital and operates under the financial backing of the European Union’s Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI), as well as the Plan de Recuperación, Transformación y Resiliencia.

BULLNET CAPITAL III, SOCIEDAD DE CAPITAL-RIESGO PYME, S.A.

BULLNET CAPITAL III, SOCIEDAD DE CAPITAL-RIESGO PYME, S.A.

InvestorSpain198M AUM

Bullnet Capital is an independent venture capital firm established in 2001, specializing in early-stage, high-technology (Deep Tech) startups primarily based in Spain. The firm focuses on companies that possess proprietary and disruptive technologies, often stemming from significant scientific effort or profound technical expertise in their respective fields. Bullnet Capital adopts a hands-on approach, aiming to be a strategic partner to entrepreneurs by providing not only financial backing but also strategic and managerial support to foster business success.The firm was founded by Javier Ulecia and Miguel del Cañizo, who began working together in 1990. After collaborating on an internet incubator, they launched Bullnet Capital I in March 2003 with an initial fund of 18 million euros, supported by Bruno Entrecanales and the European Investment Fund. Over the years, the team expanded to include Carmen Arenzana as Finance Director and José Luis Gómez as an Investment Analyst, strengthening the firm's operational and investment capabilities.Bullnet Capital has managed four funds (Bullnet Capital I, II, III, and IV) and is preparing a new Bullnet Opportunity Fund. Their portfolio showcases a diverse range of high-tech companies, including Netspira, Anafocus, Digital Legends, Zhilabs, KDPOF, Wooptix, LeanXcale, 2eyesVision, ANYVERSE, Quside, Enthec, and Deep Detection. The firm has a track record of successful exits, with portfolio companies being acquired by major technology and industrial groups such as Ericsson, Teledyne, Activision, Samsung, Unity, and Grupo Oesía, demonstrating their ability to identify and nurture promising ventures.Bullnet Capital's investment strategy is underpinned by a commitment to breakthrough technology, sustainable competitive advantages, and strong entrepreneurial teams. They prioritize companies with intellectual property and know-how that can maintain their market position over the long term. The firm actively assists its portfolio companies with fundraising, IP protection, strategic partnerships, talent acquisition, and legal assessments, aiming to build successful businesses from their early stages.

Bynd Venture Capital

Bynd Venture Capital

InvestorPortugal40M AUM

Bynd Venture Capital is a prominent Iberian Venture Capital firm established in 2010, with its roots tracing back to a group of Business Angels. The firm officially founded its Venture Capital entity in 2015 and rebranded to Bynd Venture Capital in 2019. It specializes in early-stage investments, focusing on pre-seed and seed rounds for technology startups with a strong Iberian presence. Bynd Venture Capital actively seeks out companies with bold ambitions across diverse sectors, including artificial intelligence and software, consumer goods, and sustainability technology. The firm manages five investment vehicles and has made over 70 investments in Iberian startups, achieving more than 10 exits to date.The firm's investment thesis centers on providing initial professional capital, with first tickets ranging from €250,000 to €600,000 and total investments potentially reaching €1.2 million. Bynd Venture Capital prides itself on a fast and founder-centric investment process, typically completing due diligence within 2-4 weeks. They offer extensive support to their portfolio companies, leveraging a network of over 400 connections and a community of more than 60 active founders, alongside regular in-person events to foster growth and success.Bynd Venture Capital has built a diverse portfolio of innovative companies. Notable investments include a leading clear aligner orthodontics treatment provider in Europe, a pioneering real estate database, and a predictive maintenance platform that was successfully sold to Dynamox. More recently, through its third fund, the firm has invested in startups such as Equall, which operates in the Legal Tech sector utilizing AI, CircuitLeap, focused on integrated circuit design, and Spot, which employs AI for process automation in large organizations. Other past portfolio companies include Defined.ai, Impress, FASTinov, Xhockware, and DefinedCrowd.The team at Bynd Venture Capital comprises experienced professionals dedicated to supporting entrepreneurs. Key members include Santiago Salazar (Chairman & Partner), Lurdes Gramaxo (Partner), Francisco Ferreira Pinto (Partner), and Tomás Penaguião (Partner), alongside associates and a finance manager. Their collective expertise and deep understanding of the Iberian market position Bynd as a crucial gateway for startups aiming for regional success and global expansion. The firm maintains local offices in four main Iberian tech hubs: Lisbon, Porto, Barcelona, and Madrid.

Cluster Family Office

Cluster Family Office

InvestorSpain

Cluster Family Office is a multi-family office based in Spain, specializing in comprehensive wealth management and financial advisory services for high-net-worth individuals, entrepreneurial families, celebrities, athletes, and those who have acquired significant fortunes. The firm offers a holistic approach to managing and growing client assets, encompassing financial consulting, asset management, real estate investment, private equity investment, accounting, financial planning, banking, and corporate management services. They aim to provide tailored solutions that align with each family's unique circumstances and long-term objectives, ensuring transparency and optimizing financial and tax structures.The firm was established in December 2007 by Javier Mariana, who brought over 25 years of experience in family wealth management. His motivation stemmed from the need to create a company that could address all the asset-related challenges his own family had faced over two decades. Cluster Family Office prides itself on being one of the first independent firms in Spain to offer such comprehensive family office services, emphasizing unbiased and objective advice.Cluster Family Office's services extend beyond traditional financial management to include specialized advice for athletes and artists, as well as guidance for families interested in their children studying at universities in the United States. They also provide consulting for creating and supporting other family offices, offering expertise in legal, tax, and human resources matters. The firm operates as an Authorized Officer of Banco Alcalá, enabling them to offer a full range of investment services.The multidisciplinary team at Cluster Family Office includes experienced professionals such as Javier Mariana and Gian Paolo Amato as Managing Partners, Àngels Descamps as Partner and General Counsel, and other specialists in areas like back office, business planning, financial valuation, M&A, corporate governance, and human resources. Gian Paolo Amato, for instance, has a background as a Financial Advisor in Global Wealth Management at Merrill Lynch USA, bringing international experience to the firm's advisory capabilities.

Crescenta

Crescenta

InvestorSpain235M AUM

Crescenta is a Spanish investment firm specializing in providing access to global private equity funds for both retail and professional investors. The firm acts as a digital asset manager, democratizing investment in private markets by offering curated portfolios of top-tier funds across various strategies. They focus on making private market investments accessible with minimum commitments starting from €10,000, bridging the gap between leading fund managers and a broader investor base.Founded in 2022 by Eduardo Navarro and Ramiro Iglesias Concepcion, Crescenta was approved by the CNMV as an asset manager in 2023, marking it as a pioneer in the Wealthtech space in Spain. The firm's mission is to digitize and simplify the investment process in private markets, offering a centralized digital platform and educational resources to empower investors. They aim to redefine long-term investing by providing access to strategies that have historically delivered strong returns.Crescenta's investment focus spans key private equity strategies including Growth, Real Assets, and Buyouts. Their funds provide exposure to a diversified universe of private capital, investing in underlying funds managed by prominent global private equity firms. Specifically, they target technology-based companies with high growth potential, as well as tangible assets like essential infrastructure, iconic real estate complexes, and energy projects. The firm also engages in secondary transactions within the private equity market, including GP-led and LP-led deals.The team at Crescenta is noted for its professional talent, combining extensive experience in management and investment with a strong commitment to digitalization and innovation. Key team members include co-founders Eduardo Navarro (Chairman) and Ramiro Iglesias (CEO), alongside investment managers like Ana Hernández del Castillo and Ernesto Lezaeta. The firm is supported by an advisory board comprising seasoned professionals with decades of experience in finance, legal, regulatory, and corporate finance sectors.

E

Energize Capital

InvestorSpain1.8B AUM

Founded in 2016, Energize Capital is a Chicago-based venture capital firm specializing in climate software investments. The firm focuses on asset-light, digitally enabled companies that drive the transition to a decarbonized and digitized energy economy. With a team of experienced investors and operators, Energize Capital partners with entrepreneurs to scale sustainable innovations that address critical challenges in energy, mobility, and infrastructure. Energize Capital's investment strategy encompasses both venture capital and growth equity, supporting companies from early commercialization stages through to public markets. The firm has invested in over 26 climate software companies, including notable startups like Tyba, Nira, and Archive. By providing not only financial capital but also operational and strategic support, Energize Capital aims to accelerate the growth and impact of its portfolio companies. As of 2025, Energize Capital manages assets exceeding $1.8 billion, underscoring its commitment to scaling sustainable innovation. The firm's global investor base includes institutional, strategic, impact, and family office investors from North America and Europe. Through its dedicated platform, Energize EDGE, the firm offers comprehensive portfolio services to help companies navigate the complexities of the energy transition.

Eurazeo

Eurazeo

InvestorFrance39.0B AUM

Eurazeo is a prominent global investment group specializing in private markets asset management. The firm offers a comprehensive platform that supports companies across various stages of growth, from startups to established mid-market leaders. With a diversified fund offering and an extensive international network, Eurazeo identifies and invests in high-growth potential companies, leveraging deep sector expertise and a long-term vision to foster sustainable value creation. The firm's investment strategies span private equity, private debt, and real assets, catering to a broad range of institutional and private clients.Eurazeo's origins trace back to the merger of Eurafrance and Azeo in April 2001, consolidating decades of investment expertise from entities linked to the Lazard network. This strategic consolidation, guided by figures like Michel David-Weill, aimed to transform a fragmented portfolio into a robust, permanent-capital investment vehicle. The firm quickly evolved from a French industrial holding into a multi-strategy asset manager, establishing a strong presence across Europe and expanding its global footprint.The firm's investment focus is broad, encompassing sectors such as technology, business services, energy transition, healthcare, consumer goods, and financial services. Eurazeo actively supports its portfolio companies through international expansion, digital transformation, and strategic acquisitions. Notable investments include companies across various industries, demonstrating the firm's commitment to building European champions with global ambitions. Eurazeo's team comprises experienced investment professionals and high-level operational experts dedicated to active ownership and hands-on support.Committed to profitable impact-driven companies, Eurazeo integrates a recognized scientific approach to identify and support businesses that address environmental, social, and societal challenges. This responsible investment philosophy is central to its value creation model, aligning financial performance with positive societal impact. The firm's global reach, with 14 offices worldwide, enables it to access diverse markets and deliver strong performance for its investors and shareholders.

F

Faraday Venture Partners

InvestorGermany50M AUM

Faraday Venture Partners is a private investors’ club and venture capital firm that connects its members with carefully selected early-stage startups. Founded in 2011, the firm offers a unique model that blends traditional venture investing with a membership-based platform, enabling private investors to co-invest in high-growth potential companies across Europe. Through rigorous due diligence and active deal sourcing, Faraday curates investment opportunities that align with the expectations of experienced investors seeking early exposure to innovation.The firm focuses primarily on technology-driven startups, including sectors like fintech, healthtech, SaaS, marketplaces, and digital platforms. Faraday Venture Partners supports portfolio companies not just with capital, but also with strategic guidance and access to its network of members and advisors. The goal is to foster long-term partnerships between entrepreneurs and investors while increasing the probability of success through collaborative engagement.Operating across multiple European cities, including Madrid, Barcelona, Munich, and Lisbon, Faraday has built a diverse investment portfolio and an active community of private investors. Its hybrid model of fund management and direct club participation provides flexibility and transparency, empowering investors with decision-making power while maintaining professional oversight.

H.I.G. Growth Partners

H.I.G. Growth Partners

InvestorUnited States2.0B AUM

H.I.G. Growth Partners is the dedicated growth capital platform of H.I.G. Capital, a leading global alternative investment firm. The firm specializes in making both majority and minority investments in growing, technology-oriented businesses across North America, Europe, and Latin America. They focus on providing substantial resources to middle-market growth companies, acting as value-add partners in the development and implementation of transformational digital and technology-centric strategies to drive superior performance.Founded in 1993, H.I.G. Growth Partners operates as a growth equity firm based in Miami, Florida. The firm leverages the extensive resources and experience of the broader H.I.G. Capital platform, which includes over 500 investment professionals across 18 global offices. This integrated approach allows H.I.G. Growth Partners to offer deep operational, digital, and technology expertise to its portfolio companies.H.I.G. Growth Partners has a successful track record of investing in companies capable of causing significant disruption within their markets. Notable investments include companies like AgileBlue, Avi-spl Iberia, Carebox, Mobile Health, and Worksuite, spanning industries such as network management software, IT consulting, medical records systems, and business/productivity software. The firm also has a history of successful exits, with its latest being from Pyramid Analytics.The team at H.I.G. Growth Partners brings substantial operating, strategic, and financial management experience. Key leadership includes Ross Hiatt, Managing Director & Head of H.I.G. Growth, alongside other managing directors such as Mark Fiske, Evan Karp, Hans Sherman, and Eric Tencer. The firm emphasizes a collaborative, partnership-based approach, working closely with founders and management teams to drive impactful operational improvements and establish market-leading positions.

I

Iris Ventures

InvestorSpain200M AUM

Iris Ventures is a venture capital firm focused on supporting purpose-led consumer brands positioned for scale. Managed by founder Montse Suárez, the firm operates through its investment vehicle, IRIS Fund II, which aims to raise a total of €200m. The fund distinguishes itself by avoiding AI-heavy allocations, instead concentrating on sectors such as beauty, nutrition, wellness, longevity, and new lifestyle brands.The firm commits between €5 million and €20 million per company, targeting growth-stage businesses. Iris Ventures emphasizes active, long-term support for its portfolio companies, typically proposing two board seats to guide commercial expansion, product development, and international roll-outs.Geographically, IRIS Fund II plans to deploy approximately 80% of its capital in Europe and the remaining in the United States. The firm aims to make 12–15 investments over the next four years, reflecting a strategy that builds on the experience gained from its first fund, which launched in 2021 and had a size of €100m.Iris Ventures focuses on established brand founders and repeatable channels, positioning itself to capitalize on the growing consumer preference for health, convenience, and sustainability. The firm’s concentrated, sector-specialist approach aims to yield both impact and market returns as it works towards its €200m goal.

K

Kapita

InvestorSpain

Kapita is a family office firm based in Madrid, Spain, specializing in technology investments. The firm is led by Dimas Gimeno, former Chairman of the Spanish retail giant El Corte Inglés. Kapita focuses on boosting projects and investing in companies that are poised to play a pivotal role in the transformation across various industries, with a particular emphasis on the retail sector. Their investment thesis is centered around technology-based innovation, supporting exceptional founders and funds to catalyze the creation of world-class companies.The firm was established in 2020, building upon the extensive experience of its team members who previously operated as business angels. Kapita's mission is to foster the future of key technological areas such as fintech, marketplaces, SaaS, IoT, and logistics. They are stage-agnostic in their investment approach, demonstrating a commitment to supporting companies from early to later stages, primarily across Southern Europe and Latin America.Kapita's portfolio showcases its dedication to innovative retail and technology solutions. Notable investments include WOW Concept, an expertly curated marketplace of lifestyle brands; Amphora, a logistics manager designed for e-commerce and retail; and Jogotech, which focuses on e-commerce and 'phygital' stores, redefining physical retail spaces to capitalize on digital integration. These investments reflect Kapita's strategic focus on companies that are driving the evolution of the retail landscape through technology.The team at Kapita brings significant expertise, particularly through its leader, Dimas Gimeno, whose background in a major retail conglomerate provides invaluable insight into market dynamics and transformation opportunities. The firm emphasizes a community-first approach, respecting founders' decisions and time, while actively assisting portfolio companies with further fundraising efforts.

Exploring Venture Capital Firms in Madrid

As Spain's capital and a burgeoning hub for startups, Madrid is home to a growing number of venture capital (VC) firms. These firms play a pivotal role in nurturing innovative ideas and driving economic growth. This curated directory highlights ten leading venture capital firms in Madrid, providing valuable insights for Limited Partners (LPs) and deal professionals seeking strategic investment opportunities in the region.

Investment Strategies of Madrid-Based Venture Capital Firms

Focus on Tech and Innovation

The venture capital firms in Madrid are primarily focused on technology and innovation-driven sectors. These firms typically invest in early-stage startups that demonstrate potential for high growth, particularly in areas such as fintech, biotech, and digital transformation. By concentrating on these sectors, they aim to capitalize on the rapid technological advancements and market demands that characterize the modern business landscape.

Geographic Presence and Global Reach

While these Madrid-based venture capital firms maintain a strong focus on the local market, many also have a global perspective. This dual approach allows them to support Spanish startups with international aspirations, providing them with the resources and networks needed to expand beyond national borders. Additionally, their international connections enable them to attract foreign investments into Spain, further stimulating the local economy.

Why Madrid's Venture Capital Firms Matter to LPs and Deal Professionals

Opportunities for Diversification

For LPs, investing in Madrid's venture capital firms offers significant diversification benefits. By allocating capital to these firms, LPs can gain exposure to the dynamic Spanish and European startup ecosystems. This diversification can help mitigate risks associated with investing in more mature markets, potentially leading to higher returns on investment.

Access to Emerging Markets

Deal professionals seeking opportunities in emerging markets will find Madrid's venture capital firms to be valuable partners. With their deep understanding of the local market dynamics and cultural insights, these firms are well-positioned to identify promising investment opportunities that might otherwise go unnoticed. Collaborating with these firms can provide deal professionals with a competitive edge, enabling them to tap into new and lucrative markets.

Strategic Partnerships and Networking

Madrid's venture capital firms serve as crucial connectors in the investment ecosystem, facilitating strategic partnerships and networking opportunities. LPs and deal professionals can leverage the extensive networks of these firms to forge valuable relationships with entrepreneurs, industry experts, and other stakeholders. This connectivity can enhance the overall investment experience and increase the likelihood of successful outcomes.

Conclusion: Unlocking Investment Potential in Madrid

In conclusion, venture capital firms in Madrid are at the forefront of fostering innovation and entrepreneurship in Spain and beyond. With their strategic focus on technology, innovation, and global reach, these firms present compelling opportunities for LPs and deal professionals seeking to diversify their portfolios and access emerging markets. By engaging with these firms, investors can unlock new avenues for growth and contribute to the vibrant startup ecosystem in Madrid.