# Investors based in Bilbao (2026 list)

> 24 investors based in Bilbao, 4% active in the last 12 months. Led by Acurio Ventures, Gestion De Capital Riesgo Del Pais Vasco, All Iron Ventures.

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

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

# Investors based in Bilbao

Updated 7 November 2026

Firms with an address in Bilbao. A head office is a fact about the firm; where it invests is on its own page.

[See all 24 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-bilbao)The top 24

**24** investors on the list No change this week

**9** cheques in 12 months Too few cheques to tell

**$2.9M** median round they joined *-64%* against the market median

**4%** wrote a cheque in 12 months

**4%** have led a round

## The Top 24

Ordered by cheques observed, never by anything anyone paid for

Deploying now (1)

- 1 [Acurio Ventures](https://millionrounds.com/fund/acurio-ventures) *Deploying now* VC firm · Spain **64** **$6.8M** median round **Oct 2026** last seen
- 2 [Gestion De Capital Riesgo Del Pais Vasco](https://millionrounds.com/fund/gestion-de-capital) dormant Government · Spain **8** **$842K** median round **Dec 2008** last seen
- 3 [All Iron Ventures](https://millionrounds.com/fund/all-iron-ventures) quiet VC firm · Spain **6** **$9.9M** median round **Oct 2019** last seen
- 4 [Iberdrola](https://millionrounds.com/fund/iberdrola) quiet Growth equity · Spain **5** **$10M** median round **Jul 2016** last seen
- 5 [Talde Private Equity](https://millionrounds.com/fund/talde-gestion-s-g-e-i-c-s-a) quiet Private equity · Spain **3** **$2.9M** median round **Sept 2008** last seen
- 6 [MicroWave Ventures](https://millionrounds.com/fund/microwave-ventures) quiet VC firm · Spain **1** **$522K** median round **Jan 2013** last seen
- 7 [Seed Capital Bizkaia](https://millionrounds.com/fund/seed-capital-bizkaia) quiet VC firm · Spain **1** **$622K** median round **Mar 2011** last seen
- 8 [ABE Capital Partners](https://millionrounds.com/fund/abe-capital-partners) unknown Private equity · Spain **none observed** **-** median round **-** last seen
- 9 [All Iron Group](https://millionrounds.com/fund/all-iron-group) unknown Fund of funds · Spain **none observed** **-** median round **-** last seen
- 10 [Artike Investments](https://millionrounds.com/fund/artike-investments) unknown Investment firm · Spain **none observed** **-** median round **-** last seen
- 11 [Bilbao Capital Investment, S.L.](https://millionrounds.com/fund/bilbao-capital-investment-s-l) unknown Investment firm · Spain **none observed** **-** median round **-** last seen
- 12 [Coinbest](https://millionrounds.com/fund/coinbest) unknown Angel · Spain **none observed** **-** median round **-** last seen
- 13 [CreativiLAB R&D Builder](https://millionrounds.com/fund/creativilab-r-and-d-builder) unknown Investment firm · Spain **none observed** **-** median round **-** last seen
- 14 [Crossing the Mirror](https://millionrounds.com/fund/crossing-the-mirror) unknown Angel network · Spain **none observed** **-** median round **-** last seen
- 15 [DOTAKON - Impact Venture Builder](https://millionrounds.com/fund/dotakon-impact-venture-builder) unknown VC firm · Spain **none observed** **-** median round **-** last seen
- 16 [EKAI CAPITAL PARTNERS, S.L.](https://millionrounds.com/fund/ekai-capital-partners-s-l) unknown Investment firm · Spain **none observed** **-** median round **-** last seen
- 17 [Hasten Ventures](https://millionrounds.com/fund/hasten-ventures) unknown Venture studio · Spain **none observed** **-** median round **-** last seen
- 18 [IDOM](https://millionrounds.com/fund/idom) unknown Corporate VC · Spain **none observed** **-** median round **-** last seen
- 19 [Innkubo](https://millionrounds.com/fund/innkubo) unknown Investment firm · Spain **none observed** **-** median round **-** last seen
- 20 [KCE - Kaizaharra Corporación Empresarial](https://millionrounds.com/fund/kce-kaizaharra-corporacion-empresarial) unknown Company · Spain **none observed** **-** median round **-** last seen
- 21 [Spri](https://millionrounds.com/fund/spri) unknown Government · Spain **none observed** **-** median round **-** last seen
- 22 [Tekpolio](https://millionrounds.com/fund/tekpolio) unknown Family office · Spain **none observed** **-** median round **-** last seen
- 23 [Whitehole](https://millionrounds.com/fund/whitehole) unknown Family office · Spain **none observed** **-** median round **-** last seen
- 24 [[ JGCC ] Jesús García s Country Club](https://millionrounds.com/fund/jgcc-jesus-garcia-s-country-club) unknown Investment firm · Spain **none observed** **-** median round **-** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **15** Oct **[Rabot Energy](https://millionrounds.com/company/rabot-energy)** Series B · $50M *With* [Acurio Ventures](https://millionrounds.com/fund/acurio-ventures)
- **9** Oct **[Autentic AI](https://millionrounds.com/company/autentic-ai)** Pre-seed · $1.7M *With* [Acurio Ventures](https://millionrounds.com/fund/acurio-ventures)
- **1** Jun **[Flipflow](https://millionrounds.com/company/flipflow)** Venture · $3.5M *With* [Acurio Ventures](https://millionrounds.com/fund/acurio-ventures)
- **19** May **[Lexroom](https://millionrounds.com/company/lexroom)** Series B · $50M *With* [Acurio Ventures](https://millionrounds.com/fund/acurio-ventures)
- **1** Apr **[Crescenta](https://millionrounds.com/company/crescenta)** Series A · $11M *With* [Acurio Ventures](https://millionrounds.com/fund/acurio-ventures)
- **1** Feb **[Kiavi](https://millionrounds.com/company/kiavi)** Debt · $350M *With* [Acurio Ventures](https://millionrounds.com/fund/acurio-ventures)

## Stages This Year

9 rounds

- Series A **22%**
- Series B **22%**
- Venture **22%**
- Debt **11%**
- Pre-seed **11%**
- Other **11%**

## What They Backed

Sectors, last 12 months

- AI **5**
- SaaS **3**
- Energy **1**
- Financial Services **1**
- Hardware & Electronics **1**
- Legaltech **1**

## Cheques by Quarter

Led Joined

8 Q1 25

1 Q2 25

5 Q3 25

3 Q4 25

3 Q1 26

3 Q2 26

Q3 26

2 Q4 26

The last bar is the quarter still running.

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

## Quick answers about investors based in Bilbao

### Who are the most active investors based in Bilbao?

By cheques observed, the most active are Acurio Ventures, Gestion De Capital Riesgo Del Pais Vasco, All Iron Ventures, Iberdrola and Talde Private Equity.

### How many investors based in Bilbao are there?

24 are on record. 4% made an investment in the last 12 months and 4% have led a round.

### Which stages do investors based in Bilbao back?

Of the rounds with a named stage in the last 12 months, mostly Series A (29%) and Series B (29%).

### How big are the rounds investors based in Bilbao join?

The typical (median) round among the leading investors here is $2.9M.

### Which sectors do investors based in Bilbao back most?

In the last 12 months, mostly AI, SaaS and Energy.

### What have investors based in Bilbao invested in recently?

Recent rounds include Rabot Energy (Series B, Oct 2026, with Acurio Ventures), Autentic AI (Pre-seed, Oct 2026, with Acurio Ventures) and Flipflow (Venture, Jun 2026, with Acurio Ventures).

### How is this list of investors based in Bilbao ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

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