# Investors based in Spain (2026 list)

> 1,691 investors based in Spain, 4% active in the last 12 months. Led by K Fund, Inveready, Sherpa Capital. Ranked by what they funded.

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

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

# Investors based in Spain

Updated 27 October 2026

Firms headquartered in Spain, ordered by what we have observed them do rather than by what they claim to invest in. Where a firm sits is not where it invests; for that, see investors in Spain.

[See all 1,691 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-spain)The top 25

**1,691** investors on the list No change this week

**287** cheques in 12 months *-12%* against the market

**$2.9M** median round they joined *-63%* against the market median

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

**2%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (21)

- 1 [K Fund](https://millionrounds.com/fund/kfund) *Deploying now* VC firm · Spain **340** **$3M** median round **Oct 2026** last seen
- 2 [Inveready](https://millionrounds.com/fund/inveready) *Deploying now* VC firm · Spain **160** **$3.5M** median round **Oct 2026** last seen
- 3 [Sherpa Capital](https://millionrounds.com/fund/sherpa-capital) *Deploying now* VC firm · Spain **97** **$28M** median round **Aug 2026** last seen
- 4 [Axon Partners Group](https://millionrounds.com/fund/axon-partners-group) *Deploying now* Corporate VC · Spain **72** **$5M** median round **Jul 2026** last seen
- 5 [Caixa Capital Risc](https://millionrounds.com/fund/caixa-capital-risc) dormant VC firm · Spain **70** **$2.2M** median round **Jun 2022** last seen
- 6 [JME Ventures](https://millionrounds.com/fund/jme-ventures) *Deploying now* VC firm · Spain **70** **$3.1M** median round **Sept 2026** last seen
- 7 [Cabiedes & Partners](https://millionrounds.com/fund/cabiedes-and-partners) quiet Family office · Spain **69** **$688K** median round **Nov 2015** last seen
- 8 [Acurio Ventures](https://millionrounds.com/fund/acurio-ventures) *Deploying now* VC firm · Spain **64** **$6.8M** median round **Oct 2026** last seen
- 9 [Draper B1](https://millionrounds.com/fund/draperb1) *Deploying now* VC firm · Spain **62** **$1.2M** median round **Sept 2026** last seen
- 10 [Alma Mundi Ventures](https://millionrounds.com/fund/alma-mundi-ventures) *Deploying now* VC firm · Spain **59** **$12M** median round **Sept 2026** last seen
- 11 [ICF Capital](https://millionrounds.com/fund/icf-capital) *Deploying now* Corporate VC · Spain **57** **$1.4M** median round **Aug 2026** last seen
- 12 [Big Sur Ventures](https://millionrounds.com/fund/big-sur-ventures) *Deploying now* VC firm · Spain **54** **$2.7M** median round **Jul 2026** last seen
- 13 [Nina Capital](https://millionrounds.com/fund/nina-capital) *Deploying now* VC firm · Spain **53** **$2.4M** median round **Sept 2026** last seen
- 14 [4Founders Capital](https://millionrounds.com/fund/4founders-capital) *Deploying now* VC firm · Spain **50** **$1.6M** median round **Oct 2026** last seen
- 15 [Jose Marin](https://millionrounds.com/fund/jose-marin) quiet VC firm · Spain **49** **$3M** median round **Nov 2015** last seen
- 16 [Bonsai Partners](https://millionrounds.com/fund/bonsai-partners) *Deploying now* VC firm · Spain **46** **$6.6M** median round **Mar 2026** last seen
- 17 [Angels Capital](https://millionrounds.com/fund/angels-capital) *Deploying now* VC firm · Spain **44** **$1.1M** median round **Oct 2026** last seen
- 18 [Criteria Venture Tech](https://millionrounds.com/fund/criteria-venture-tech) *Deploying now* VC firm · Spain **44** **$3.5M** median round **Sept 2026** last seen
- 19 [Kibo Ventures](https://millionrounds.com/fund/kibo-ventures) *Deploying now* VC firm · Spain **44** **$13M** median round **Jun 2026** last seen
- 20 [Clave Capital](https://millionrounds.com/fund/clave-capital) *Deploying now* VC firm · Spain **40** **$1.3M** median round **Oct 2026** last seen
- 21 [Capital Cell](https://millionrounds.com/fund/capital-cell) *Deploying now* VC firm · Spain **36** **$1.1M** median round **Sept 2026** last seen
- 22 [Demium Capital](https://millionrounds.com/fund/demium) *Deploying now* VC firm · Spain **35** **$602K** median round **Sept 2026** last seen
- 23 [GoHub Ventures](https://millionrounds.com/fund/gohub-ventures) *Deploying now* VC firm · Spain **35** **$3.1M** median round **Oct 2026** last seen
- 24 [Lanzadera Accelerator](https://millionrounds.com/fund/lanzadera-accelerator) quiet Accelerator · Spain **35** **$271K** median round **Jul 2015** last seen
- 25 [Sabadell Venture Capital](https://millionrounds.com/fund/sabadell-venture-capital) *Deploying now* Corporate VC · Spain **35** **$2.7M** median round **Jun 2026** last seen

**1,666 more on this list**

Login free to see all 1,691, filter by stage, sector and market, and keep the ones that fit.

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

## The Newest Cheques

Rounds this list's investors joined most recently

- **23** Oct **[Remolonas](https://millionrounds.com/company/remolonas)** Other *With* [Clave Capital](https://millionrounds.com/fund/clave-capital)
- **21** Oct **[HAWK Biosystems](https://millionrounds.com/company/hawk-biosystems)** $3.9M *Led by* [Inveready](https://millionrounds.com/fund/inveready)
- **21** Oct **[InspectRail](https://millionrounds.com/company/inspectrail)** Other *With* [EASO Ventures](https://millionrounds.com/fund/easo-ventures)
- **19** Oct **[Linkener](https://millionrounds.com/company/linkener)** $8.4M *Led by* [Klima Energy Transition Fund](https://millionrounds.com/fund/klima-energy-transition-fund)
- **15** Oct **[Rabot Energy](https://millionrounds.com/company/rabot-energy)** Series B · $50M *With* [Acurio Ventures](https://millionrounds.com/fund/acurio-ventures)
- **14** Oct **[Ruit](https://millionrounds.com/company/ruit)** Pre-seed · $985K *Led by* [Abac Nest Ventures](https://millionrounds.com/fund/abac-nest-ventures)

## Stages This Year

234 rounds

- Seed **26%**
- Venture **23%**
- Pre-seed **13%**
- Series A **11%**
- Series B **8%**
- Other **21%**

## What They Backed

Sectors, last 12 months

- AI **72**
- Biotech **29**
- Healthcare **23**
- Fintech **16**
- Financial Services **13**
- Software **11**

## Cheques by Quarter

Led Joined

93 Q1 25

77 Q2 25

94 Q3 25

66 Q4 25

75 Q1 26

93 Q2 26

63 Q3 26

18 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors based in United States 73,560](https://millionrounds.com/lists/investors-based-in-united-states)
- [Investors based in United Kingdom 8,105](https://millionrounds.com/lists/investors-based-in-united-kingdom)
- [Investors based in Canada 3,870](https://millionrounds.com/lists/investors-based-in-canada)
- [Investors based in India 3,853](https://millionrounds.com/lists/investors-based-in-india)
- [Investors based in Germany 3,440](https://millionrounds.com/lists/investors-based-in-germany)
- [Investors based in China 3,020](https://millionrounds.com/lists/investors-based-in-china)
- [Investors based in United Arab Emirates 2,910](https://millionrounds.com/lists/investors-based-in-united-arab-emirates)
- [Investors based in Australia 2,576](https://millionrounds.com/lists/investors-based-in-australia)
- [Investors based in France 2,267](https://millionrounds.com/lists/investors-based-in-france)

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

## Quick answers about investors based in Spain

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

By cheques observed, the most active are K Fund, Inveready, Sherpa Capital, Axon Partners Group and Caixa Capital Risc.

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

1,691 are on record. 4% made an investment in the last 12 months and 2% have led a round.

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

Of the rounds with a named stage in the last 12 months, mostly Seed (36%) and Pre-seed (18%).

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

The typical (median) round among the leading investors here is $2.7M.

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

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

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

K Fund (3 led), Caixa Capital Risc (2 led) and Bonsai Partners (2 led).

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

Recent rounds include Remolonas (Other, Oct 2026, with Clave Capital), HAWK Biosystems (Oct 2026, with Inveready) and InspectRail (Other, Oct 2026, with EASO Ventures).

### How is this list of investors based in Spain 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)