# Foreign investors in Spain (2026 list)

> 254 foreign investors in Spain, 96% active in the last 12 months. Led by Y Combinator, Techstars, 500 Global. Ranked by what they funded.

Source: https://millionrounds.com/lists/foreign-investors-in-spain (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Foreign investors in Spain

Updated 7 November 2026

Firms based outside Spain that we have watched back a company there in the last two years. Useful when the local market is thin, or when you want a backer who can open doors abroad.

[See all 254 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fforeign-investors-in-spain)The top 25

**254** investors on the list *-1* this week

**8,319** cheques in 12 months *-15%* against the market

**$10M** median round they joined *+25%* against the market median

**96%** wrote a cheque in 12 months

**68%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen
- 3 [500 Global](https://millionrounds.com/fund/500-startups) *Deploying now* Angel · United States **2,140** **$3.6M** median round **Oct 2026** last seen
- 4 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen
- 5 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 6 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) *Deploying now* VC firm · United States **1,610** **$34M** median round **Oct 2026** last seen
- 7 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) *Deploying now* VC firm · United States **1,598** **$12M** median round **Nov 2026** last seen
- 8 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 9 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 10 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **1,349** **$18M** median round **Oct 2026** last seen
- 11 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen
- 12 [Wayra](https://millionrounds.com/fund/wayra) *Deploying now* Corporate VC · Germany **1,160** **$2M** median round **Sept 2026** last seen
- 13 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen
- 14 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen
- 15 [Intel Capital](https://millionrounds.com/fund/intel-capital) *Deploying now* Corporate VC · United States **1,123** **$22M** median round **Oct 2026** last seen
- 16 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen
- 17 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) *Deploying now* VC firm · United States **1,038** **$30M** median round **Nov 2026** last seen
- 18 [Gaingels](https://millionrounds.com/fund/gaingels) *Deploying now* Private equity · United States **1,010** **$8M** median round **Oct 2026** last seen
- 19 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen
- 20 [SOSV](https://millionrounds.com/fund/sosv) *Deploying now* VC firm · United States **951** **$2.5M** median round **Nov 2026** last seen
- 21 [Google Ventures](https://millionrounds.com/fund/gv) *Deploying now* Corporate VC · United States **884** **$38M** median round **Oct 2026** last seen
- 22 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen
- 23 [FJ Labs](https://millionrounds.com/fund/fj-labs) *Deploying now* VC firm · United States **849** **$11M** median round **Oct 2026** last seen
- 24 [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) *Deploying now* VC firm · United States **834** **$875K** median round **Sept 2026** last seen
- 25 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen

**229 more on this list**

All 254 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fforeign-investors-in-spain)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Physicl](https://millionrounds.com/company/physicl)** Seed · $10M *With* [U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp)
- **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel)
- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *Led by* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management)
- **5** Nov **[Bizay](https://millionrounds.com/company/bizay)** Series D+ *Led by* [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners)
- **5** Nov **[firmly](https://millionrounds.com/company/firmly)** Series A · $15M *With* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- **5** Nov **[Potential Sciences](https://millionrounds.com/company/potential-sciences)** Seed *With* [Nauta Capital](https://millionrounds.com/fund/nauta-capital)

## Stages This Year

5,540 rounds

- Venture **20%**
- Seed **19%**
- Series A **16%**
- Pre-seed **10%**
- Series B **8%**
- Other **27%**

## What They Backed

Sectors, last 12 months

- AI **2,203**
- Biotech **396**
- Fintech **346**
- Healthcare **323**
- Big Data & Analytics **295**
- Energy **231**

## Cheques by Quarter

Led Joined

2,546 Q1 25

2,501 Q2 25

2,674 Q3 25

2,808 Q4 25

2,751 Q1 26

2,262 Q2 26

1,834 Q3 26

440 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Foreign investors in United States 1,267](https://millionrounds.com/lists/foreign-investors-in-united-states)
- [Foreign investors in United Kingdom 1,145](https://millionrounds.com/lists/foreign-investors-in-united-kingdom)
- [Foreign investors in Germany 553](https://millionrounds.com/lists/foreign-investors-in-germany)
- [Foreign investors in Canada 546](https://millionrounds.com/lists/foreign-investors-in-canada)
- [Foreign investors in France 461](https://millionrounds.com/lists/foreign-investors-in-france)
- [Foreign investors in Switzerland 417](https://millionrounds.com/lists/foreign-investors-in-switzerland)
- [Foreign investors in Australia 388](https://millionrounds.com/lists/foreign-investors-in-australia)
- [Foreign investors in Singapore 343](https://millionrounds.com/lists/foreign-investors-in-singapore)
- [Foreign investors in Netherlands 337](https://millionrounds.com/lists/foreign-investors-in-netherlands)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about foreign investors in Spain

### Who are the most active foreign investors in Spain?

By cheques observed, the most active are Y Combinator, Techstars, 500 Global, Sequoia Capital and Andreessen Horowitz.

### How many foreign investors in Spain are there?

254 are on record. 96% made an investment in the last 12 months and 68% have led a round.

### Which stages do foreign investors in Spain back?

Of the rounds with a named stage in the last 12 months, mostly Seed (27%) and Series A (22%).

### How big are the rounds foreign investors in Spain join?

The typical (median) round among the leading investors here is $11M.

### Which sectors do foreign investors in Spain back most?

In the last 12 months, mostly AI, Biotech and Fintech.

### Which foreign investors in Spain lead the most rounds?

Andreessen Horowitz (114 led), Accel (103 led) and General Catalyst (97 led).

### Where are foreign investors in Spain based?

Most of the leading investors here are based in the United States (22 of the top 25); the rest in Germany and France.

### What have foreign investors in Spain invested in recently?

Recent rounds include Physicl (Seed, Nov 2026, with U.S. Venture Partners), Thinking Machines Lab (Other, Nov 2026, with Accel) and Harbinger (Series D+, Nov 2026, with Tiger Global Management).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)