# Badi funding: rounds and investors

> Badi has raised $51M across 4 rounds since 2018. Investors include Spark Capital, Mangrove Capital Partners and Goodwater Capital. Every round with its source.

Source: https://millionrounds.com/company/badi (Millionrounds; every figure on the page links to its filing or article)

Spain · [Growth startup](https://millionrounds.com/companies)

# Who invested in *Badi*

4 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Internet

Raised 4 months ago

Funding summary Updated 26 Oct 2026

**$51M** raised across 4 rounds since 2018, from 4 sources

**$10M** Series A **$30M** Round **$5.4M** Venture **$5.4M** Growth

- **Latest round:** Growth, $5.4M Jul 2026
- **Biggest round:** $30M Round · Jan 2019
- **Investors:** 7 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2020 2022 2024 2026

**$10M** Series A

**$30M** Round

**$5.4M** Venture

**$5.4M** Growth

- **First round:** Series A, $10M
- **Biggest round:** $30M
- **Usual gap between rounds:** 2.1 years

## The rounds

- **Jul 2026** Growth **$5.4M** *5 returning* [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Mangrove Capital Partners](https://millionrounds.com/fund/mangrove-capital-partners) [Santander](https://millionrounds.com/fund/santander) [Target Global](https://millionrounds.com/fund/target-global) Source recorded
- **Jun 2024** Venture **$5.4M** *3 new* *2 returning* [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Mangrove Capital Partners](https://millionrounds.com/fund/mangrove-capital-partners) [Santander](https://millionrounds.com/fund/santander) [Target Global](https://millionrounds.com/fund/target-global) Source recorded
- **Jan 2019** Round **$30M** *3 new* [Mangrove Capital Partners](https://millionrounds.com/fund/mangrove-capital-partners) [Spark](https://millionrounds.com/fund/spark-3) GoodWater Capital/ Target Global Reported by FinSMEs
- **Feb 2018** Series A **$10M** *1 new* [Spark Capital](https://millionrounds.com/fund/spark-capital) Lead Reported by TechCrunch

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2018 **Round** 2019 **Venture** 2024 **Growth** 2026 [Spark Capital](https://millionrounds.com/fund/spark-capital) L [Mangrove Capital Partners](https://millionrounds.com/fund/mangrove-capital-partners) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Santander](https://millionrounds.com/fund/santander) [Target Global](https://millionrounds.com/fund/target-global) [Spark](https://millionrounds.com/fund/spark-3) GoodWater Capital/ Target Global

## Everyone who backed them

[Spark Capital](https://millionrounds.com/fund/spark-capital) VC firm **3** rounds, led 1

[Mangrove Capital Partners](https://millionrounds.com/fund/mangrove-capital-partners) VC firm **3** rounds

[Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) VC firm **2** rounds

[Santander](https://millionrounds.com/fund/santander) VC firm **2** rounds

[Target Global](https://millionrounds.com/fund/target-global) VC firm **2** rounds

[Spark](https://millionrounds.com/fund/spark-3) Growth equity **1** round

GoodWater Capital/ Target Global no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=badi).

## Also claim to have backed them

This firm lists Badi as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Bloomium](https://millionrounds.com/fund/bloomium) Accelerator Per its own site

## Quick answers about Badi

### Who invested in Badi?

Badi's investors include Spark Capital, Mangrove Capital Partners, Goodwater Capital, Santander and Target Global, and 2 more on record.

### How much has Badi raised?

Badi has raised $51M across 4 rounds since 2018.

### When did Badi last raise?

Badi's most recent round was a Growth of $5.4M in Jul 2026.

### What was Badi's biggest round?

Badi's largest round on record is $30M (Undisclosed round), in Jan 2019.

### Who backed Badi first?

Badi's first round on record, in Feb 2018, was backed by Spark Capital.

### What stage is Badi at?

Badi's latest named round is a Growth, in Jul 2026.

### Where is Badi based?

Badi is based in Spain.

### Who led Badi's rounds?

Spark Capital led the Series A in 2018.

## Companies like Badi

In the same sector, and raised in the last eighteen months.

[**InspectRail** $1.7M · Oct 2026](https://millionrounds.com/company/inspectrail)[**iPronics** $137M · Sept 2026](https://millionrounds.com/company/ipronics)[**Tucuvi** $5.7M · Sept 2026](https://millionrounds.com/company/tucuvi)[**Heydiga** $7.6M · Sept 2026](https://millionrounds.com/company/heydiga)[**Vottun** $412K · Sept 2026](https://millionrounds.com/company/vottun)[**Multiverse Computing** $785M · Jul 2026](https://millionrounds.com/company/multiverse-computing)

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