# Pre-seed investors in Spain (2026 list) > 54 pre-seed investors in Spain, 100% active in the last 12 months. Led by Y Combinator, Techstars, 500 Global. Ranked by what they funded. Source: https://millionrounds.com/lists/pre-seed-investors-in-spain (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Pre-seed investors in Spain Updated 7 November 2026 Firms we have watched take part in a pre-seed round raised by a company in Spain in the last two years, wherever the firm is based. [See all 54 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpre-seed-investors-in-spain)The top 25 **54** investors on the list *+6* this week **2,621** cheques in 12 months *-18%* against the market **$2.3M** median round they joined *-72%* against the market median **100%** wrote a cheque in 12 months **41%** 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 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen - 7 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen - 8 [K Fund](https://millionrounds.com/fund/kfund) *Deploying now* VC firm · Spain **340** **$3M** median round **Oct 2026** last seen - 9 [Storm Ventures](https://millionrounds.com/fund/storm-ventures) *Deploying now* VC firm · United States **262** **$7M** median round **Sept 2026** last seen - 10 [Startup Wise Guys](https://millionrounds.com/fund/startup-wise-guys) *Deploying now* Accelerator · Estonia **237** **$551K** median round **Sept 2026** last seen - 11 [ENISA](https://millionrounds.com/fund/enisa) *Deploying now* VC firm · Greece **171** **$525K** median round **Oct 2026** last seen - 12 [Picus Capital](https://millionrounds.com/fund/picus-capital) *Deploying now* VC firm · Germany **159** **$10M** median round **Nov 2026** last seen - 13 [Base10 Partners](https://millionrounds.com/fund/base10-partners) *Deploying now* VC firm · United States **137** **$15M** median round **Oct 2026** last seen - 14 [N1](https://millionrounds.com/fund/n1) *Deploying now* VC firm · Luxembourg **134** **$1.4M** median round **Sept 2026** last seen - 15 [Serena](https://millionrounds.com/fund/serena) *Deploying now* VC firm · France **129** **$10M** median round **Oct 2026** last seen - 16 [Play Ventures](https://millionrounds.com/fund/play-ventures) *Deploying now* VC firm · Singapore **128** **$5.8M** median round **Oct 2026** last seen - 17 [Makers Fund](https://millionrounds.com/fund/makers-fund) *Deploying now* VC firm · Indonesia **101** **$10M** median round **Nov 2026** last seen - 18 [B2venture](https://millionrounds.com/fund/b2venture) *Deploying now* VC firm · Switzerland **94** **$9.8M** median round **Oct 2026** last seen - 19 [JME Ventures](https://millionrounds.com/fund/jme-ventures) *Deploying now* VC firm · Spain **70** **$3.2M** median round **Sept 2026** last seen - 20 [Acurio Ventures](https://millionrounds.com/fund/acurio-ventures) *Deploying now* VC firm · Spain **64** **$6.8M** median round **Oct 2026** last seen - 21 [Draper B1](https://millionrounds.com/fund/draperb1) *Deploying now* VC firm · Spain **62** **$1.2M** median round **Sept 2026** last seen - 22 [4Founders Capital](https://millionrounds.com/fund/4founders-capital) *Deploying now* VC firm · Spain **50** **$1.6M** median round **Oct 2026** last seen - 23 [Heartfelt Capital](https://millionrounds.com/fund/heartfelt) *Deploying now* VC firm · Germany **50** **$1.6M** median round **Nov 2026** last seen - 24 [Visionaries Club](https://millionrounds.com/fund/visionaries-club) *Deploying now* VC firm · Germany **47** **$19M** median round **Nov 2026** last seen - 25 [Criteria Venture Tech](https://millionrounds.com/fund/criteria-venture-tech) *Deploying now* VC firm · Spain **45** **$3.4M** median round **Oct 2026** last seen **29 more on this list** All 54 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%2Fpre-seed-investors-in-spain) ## The Newest Cheques Rounds this list's investors joined most recently - **5** Nov **[Kabilio](https://millionrounds.com/company/kabilio)** $11M *Led by* [Picus Capital](https://millionrounds.com/fund/picus-capital) - **4** Nov **[Shackleton AI](https://millionrounds.com/company/shackleton-ai)** Seed · $5M *With* [Silence VC](https://millionrounds.com/fund/silence) - **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Techstars](https://millionrounds.com/fund/techstars) - **4** Nov **[Supa](https://millionrounds.com/company/supa)** Seed · $28M *With* [Heartfelt Capital](https://millionrounds.com/fund/heartfelt) - **4** Nov **[Nooks](https://millionrounds.com/company/nooks)** Growth · $500M *Led by* [General Catalyst](https://millionrounds.com/fund/general-catalyst) - **4** Nov **[Phaze Inc.](https://millionrounds.com/company/phaze-inc)** Seed · $8.8M *Led by* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) ## Stages This Year 2,297 rounds - Venture **21%** - Seed **19%** - Series A **16%** - Pre-seed **16%** - Series B **7%** - Other **20%** ## What They Backed Sectors, last 12 months - AI **1,149** - Fintech **165** - Big Data & Analytics **131** - Healthcare **112** - Financial Services **91** - Biotech **78** ## Cheques by Quarter Led Joined 830 Q1 25 806 Q2 25 918 Q3 25 885 Q4 25 829 Q1 26 729 Q2 26 551 Q3 26 167 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Early stage investors in United States 3,774](https://millionrounds.com/lists/early-stage-investors-in-united-states) - [Series A investors in United States 2,305](https://millionrounds.com/lists/series-a-investors-in-united-states) - [Seed investors in United States 2,252](https://millionrounds.com/lists/seed-investors-in-united-states) - [Series B investors in United States 1,647](https://millionrounds.com/lists/series-b-investors-in-united-states) - [Growth investors in United States 1,329](https://millionrounds.com/lists/growth-investors-in-united-states) - [Early stage investors in United Kingdom 1,166](https://millionrounds.com/lists/early-stage-investors-in-united-kingdom) - [Series C investors in United States 967](https://millionrounds.com/lists/series-c-investors-in-united-states) - [Pre-seed investors in United States 774](https://millionrounds.com/lists/pre-seed-investors-in-united-states) - [Seed investors in United Kingdom 692](https://millionrounds.com/lists/seed-investors-in-united-kingdom) [All investor lists *→*](https://millionrounds.com/lists) ## Reading for founders at idea or pre-seed - Thinking, Fast and Slow Daniel Kahneman · 2011 4.16 from 616,355 ratings on Goodreads Judgement and decisions Company building About the book In the highly anticipated Thinking, Fast and Slow, Kahneman takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. Kahneman… On AmazonListen on Audible - The Elements of User Experience: User-Centered Design for the Web Jesse James Garrett · 2002 4.01 from 4,134 ratings on Goodreads Finding product-market fit Company building About the book Smart organizations recognize that Web design is more than just creating clean code and sharp graphics. A site that really works fulfills your strategic objectives while meeting the needs of your users. Even the best content and the most sophisticated technology won't help you… On AmazonListen on Audible - Get Backed: Craft Your Story, Build the Perfect Pitch Deck, and Launch the Venture of Your Dreams Evan Baehr · 2015 4.36 from 356 ratings on Goodreads Raising money Company building About the book HOW DO YOU LAUNCH THE VENTURE OF YOUR DREAMS? Get Backed isn’t just about startup fundraising. It’s a handbook for anyone who has an idea and needs to build relationships to get it off the ground. Over the last 3 years, entrepreneurs Evan Loomis and Evan Baehr have… On AmazonListen on Audible - Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist [Brad Feld](https://millionrounds.com/person/brad-feld) · 2011 4.11 from 17,486 ratings on Goodreads Raising money Company building About the book Praise for Venture Deals"My biggest nightmare is taking advantage of an entrepreneur without even realizing it. It happens because VCs are experts in financings and most entrepreneurs are not. Brad and Jason are out to fix that problem with Venture Deals. This book is long… On AmazonListen on Audible[Author's Podcasts](https://millionrounds.com/person/brad-feld#podcasts) More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&stage=idea). As an Amazon Associate we earn from qualifying purchases. ## Quick answers about pre-seed investors in Spain ### Who are the most active pre-seed investors in Spain? By cheques observed, the most active are Y Combinator, Techstars, 500 Global, Sequoia Capital and Andreessen Horowitz. ### How many pre-seed investors in Spain are there? 54 are on record. 100% made an investment in the last 12 months and 41% have led a round. ### Which stages do pre-seed 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 pre-seed investors in Spain join? The typical (median) round among the leading investors here is $5M. ### Which sectors do pre-seed investors in Spain back most? In the last 12 months, mostly AI, Fintech and Big Data & Analytics. ### Which pre-seed investors in Spain lead the most rounds? Andreessen Horowitz (114 led), General Catalyst (97 led) and Sequoia Capital (91 led). ### Where are pre-seed investors in Spain based? Among the most active, most are based in the United States (9), Spain (6) and Germany (3). ### What have pre-seed investors in Spain invested in recently? Recent rounds include Kabilio (Nov 2026, with Picus Capital), Shackleton AI (Seed, Nov 2026, with Silence VC) and Lazarus AI (Nov 2026, with Techstars). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)