Top VC Firms in Spain
The 25 highest-scoring venture funds headquartered in Spain, ranked from 120 eligible firms on a 110-point composite of portfolio outcomes, deal volume, risk adjustment and cheque-size fit.
Shift4Good invests in startups at Series A & B stages focused on smart, sustainable mobility to decarbonize transportation globally. The fund targets software, hardware, and service solutions in air, road, rail, maritime sectors and the circularity of transportation in Europe, Southeast Asia and India.
Investments
24
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Baron Capital is a long-term investor in secular growth businesses with durable competitive advantages that are run by great management teams. They offer a variety of growth equity investment vehicles including active ETFs, mutual funds, and institutional solutions.
Investments
14
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Big Sur invests primarily in early-stage Spanish startups focusing on innovative mobility and transportation solutions, supporting companies that aim to transform urban and on-demand logistics markets.
Investments
65
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Nimble Partners primarily invests in Series B startups based in Spain, focusing on scaling innovative ventures. Their portfolio indicates a focus on growth-stage funding within Spanish market startups.
Investments
61
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Abac Nest invests in Seed and Pre-Seed stage technology startups that can create highly scalable businesses, offering investments between €50k and €500k per deal.
Investments
50
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
The firm invests in early-stage B2B deep tech, agri-food technology innovation, and search funds, focusing on companies and individuals in Spain and Israel. It supports visionary entrepreneurs in scaling, market expansion, and building sustainable, scalable businesses.
Investments
49
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Acurio Ventures invests in early-stage companies with marketplace and e-commerce business models in Europe and the Americas. They focus on capital-efficient, revenue-driven companies and provide operational expertise to help founders scale.
Investments
107
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Kibo Ventures is a venture capital firm that invests in early-stage B2B and B2C companies, primarily in Spain. They focus on SaaS and software solutions.
Investments
93
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
All Iron Ventures
All Iron Ventures invests in early-stage B2B SaaS companies, primarily in Spain. They focus on software and developer tools.
Investments
53
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Cardumen Capital is a venture capital firm that invests in early-stage Israeli startups with deep technologies and global ambitions, focusing on areas like AI, cybersecurity, and Industry 4.0.
Investments
56
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Investments
29
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Faraday Venture Partners co-invests in early-stage rounds mainly in Spanish startups, focusing on seed and series A investments. Their activity is linked to fintech, energy, and tech startups growing in Spain and Europe.
Investments
56
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Founded in 2002, Clave is a venture capital firm based in Pamplona, Spain. The firm seeks to invest in deep tech, healthcare, life sciences, digital health and technology companies in early stages.
Investments
52
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Invests in consumer, lifestyle, and services companies, primarily in Spain. Focuses on Series C and later stage companies.
Investments
21
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Focuses on early-stage investments in India, particularly Series A rounds. Primarily invests in B2B software and developer tools companies.
Investments
129
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Columbus Venture Partners focuses on early-stage investments in Spain. They primarily invest in B2B companies in the artificial intelligence and data sectors.
Investments
50
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Founded in 2005, Adara Ventures is a venture capital firm based in Madrid, Spain. The firm seeks to invest in cybersecurity, applied artificial intelligence, digital infrastructure, hardware, digital health, space and energy transition sectors.
Investments
81
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
The fund aims to support the technological transfer of projects primarily from the Mondragon Corporation's environment, transforming existing ideas and proof-of-concepts into viable business ventures.
Investments
54
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Investments
9
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
K Fund invests €100k to €10M in entrepreneurs creating differentiated technology-based products and services, backing contrarians and outsiders. The text does not specify stage, sectors, or geography explicitly.
Investments
94
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Galdana Ventures invests in top-tier venture capital firms globally, backing game-changing companies. They focus on creating value through strategic partnerships and access to global tech markets.
Investments
18
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Criteria Capital Risc invests in innovative companies at early stages, focusing on technology, biotechnology, and health sectors. It operates through specialized vehicles, Criteria Venture Tech and Criteria Bio Ventures, supporting startups with capital and active development assistance.
Investments
74
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Ship2B Ventures invests in startups focused on aging, children’s health, and the climate transition.
Investments
65
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Founded in 2015, Sabadell Venture Capital is the venture capital arm of Banco de Sabadell, based in Barcelona, Spain. The firm prefers to invest in companies operating in the business-to-consumer, digital, and technology sectors.
Investments
58
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Inclimo invests in sustainability-driven technology companies leveraging AI and SaaS to optimize agricultural productivity and address climate change and food security challenges globally.
Investments
22
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Methodology
What the score measures, who is eligible, and what it deliberately excludes.
- How is the Brouky score for Spain calculated?
- Each firm is scored out of 110 points across four measured components: portfolio outcomes (40), deal volume (30), risk adjustment (25) and cheque-size fit (15). The score is computed from tracked investments and portfolio company status. It is not editorial and firms cannot influence it.
- Which firms are eligible for the Spain ranking?
- Venture and corporate venture funds headquartered in Spain with at least 5 tracked investments. 120 firms qualify; the top 25 are listed. Angel investors, family offices, banks, accelerators and government vehicles are excluded because they are scored on a different basis and are not comparable.
- How often is the ranking updated?
- Scores are recomputed as new investments and portfolio outcomes are recorded, and this page refreshes daily.
- My fund's data looks wrong. Can it be corrected?
- Yes. Claim the fund's profile on Brouky to review the underlying investments and portfolio records, and the score updates from the corrected data.