Madrid's startup ecosystem is surging in 2025, driven by a wave of innovation in fintech, AI, healthtech, and sustainable solutions. As Spain's capital positions itself as a leading European tech hub, venture capital firms play a critical role in powering ambitious founders.
Whether you're building the next SaaS unicorn or scaling a deep tech platform, finding the right VC partner in Madrid can open doors to funding, strategic guidance, and access to both Spanish and Latin American markets.
In this article, founders will discover the 15 leading VC firms in Madrid actively supporting startups in 2025. The goal is to highlight VC partners that align with different stages and sectors — helping startups navigate Madrid's dynamic investment landscape.
Quick list of top venture capital firms in Madrid
- Kibo Ventures: Madrid-based VC backing tech-driven startups across Europe.
- Seaya Ventures: Focuses on sustainable and purpose-driven growth companies.
- Samaipata Ventures: European early-stage VC investing in digital platforms.
- Axon Partners Group: International investment firm with a strong presence in Spain.
- Cabiedes & Partners: Veteran seed investor in Spanish tech startups.
- Mundi Ventures: Global-focused VC supporting deep tech and insurtech.
- JME Ventures: Generalist fund investing in scalable tech ventures.
- Big Sur Ventures: Early-stage fund focused on Spanish tech companies.
- Bullnet Capital: Deep tech specialist investing in high-tech startups.
- TheVentureCity: Global accelerator fund with operations in Madrid.
- Adara Ventures: B2B software investor focusing on early-stage growth.
- Demium Capital: Backs startups from the idea stage through its incubation model.
- Enzo Ventures: Focuses on Gen Z founders and bold tech solutions.
- Faraday Venture Partners: Network-based investment platform for private investors.
- K Fund: Leading Spanish VC supporting founders across SaaS, fintech, and consumer.
How to find the right venture capital firm in Madrid
Finding the right VC in Madrid requires understanding the unique characteristics of the Spanish startup ecosystem and aligning with investors who understand local market dynamics.
Here's what to consider:
- Stage Focus: Madrid VCs range from early-seed specialists to growth-stage funds with significant capital.
- Sector Expertise: Many focus on specific areas — fintech, SaaS, deeptech, or climate tech.
- Geographic Reach: Consider their connections to both European and Latin American markets.
- Portfolio Quality: Look for investors with successful exits and strong portfolio company support.
- Value-add Services: Assess their operational expertise beyond capital provision.
You can explore more with the Papermark Investor Database, filtering by sector, check size, and geographic focus.
How to send your pitch deck to VC funds in Madrid
If you're targeting venture capital firms in Madrid, sending a pitch deck requires sophistication that matches the city's growing business standards. Modern VCs in Madrid expect clear communication, compelling metrics, and strategic vision.
Here's how to present your opportunity effectively:
- Professional approach: Use dynamic, trackable links rather than static PDF attachments.
- Smart sharing: Leverage Papermark for secure, analytics-driven deck presentation.
- Market understanding: Demonstrate clear grasp of Spanish, European, and Latin American market opportunities.
- Regulatory awareness: Show knowledge of Spanish business regulations and EU compliance.
- Growth metrics: Highlight traction, revenue growth, and market validation clearly.
- International vision: Articulate expansion plans across Spanish-speaking markets and Europe.
- Engagement tracking: Monitor investor interaction to optimize follow-up strategy.
Why use a pitch deck link instead of attachments?
- Get notified when Madrid VCs open your deck
- Track how long they spend on each page of your presentation
- Capture emails of investors who viewed your materials
- Protect your intellectual property using watermarks, screenshot protection and other link permissions
- Securely share your data room with multiple documents
How to choose a venture capital firm in Madrid?
When selecting the right Madrid-based VC partner, consider these essential factors:
- Investment Philosophy: Ensure their approach aligns with your business model and growth strategy.
- Stage Specialization: Match your funding needs with their typical investment sizes and stages.
- Spanish Market Expertise: Prioritize investors with deep knowledge of Spanish business environment and regulations.
- Portfolio Synergies: Look for potential collaborations and knowledge sharing within their portfolio companies.
- Latin American Connections: Consider their ability to support expansion across Spanish-speaking markets.
- Operational Support: Assess their value-add services, including talent acquisition and business development.
- Tech Ecosystem Networks: Understand their connections to Madrid's growing tech community.
- Follow-on Capacity: Evaluate their ability to participate in future funding rounds.
- Cultural Alignment: Ensure compatibility between their working style and your company culture.
- Track Record: Research their performance with similar companies and exit success.
How to reach out to venture capital firms in Madrid?
Successfully engaging with Madrid's VC community requires a thoughtful, relationship-focused approach:
- Thorough research: Use resources like Spain Startup, Madrid Digital, and local startup databases to identify relevant investors.
- Leverage introductions: Utilize connections through portfolio companies, Madrid tech ecosystem, or industry networks.
- Attend local events: Participate in events like South Summit, Spain Startup Forum, and sector-specific conferences.
- Understand Spanish business culture: Respect the importance of relationship building and professional communication.
- Demonstrate market opportunity: Show clear understanding of Spanish, European, and Latin American market potential.
- Address regulatory considerations: Highlight compliance with Spanish and EU regulations.
- Prepare comprehensive materials: Madrid VCs often expect detailed business plans and financial projections.
- Use pitch deck sharing software: Track engagement and optimize follow-up timing.
- Build long-term relationships: Start conversations early through industry events and update communications.
- Consider accelerator programs: Programs like Lanzadera or IE Business School provide access to investor networks.
1. Kibo Ventures
Kibo Ventures is a Madrid-based VC backing tech-driven startups across Europe with a focus on scalable digital businesses.
- Sector: Tech-driven startups, SaaS, Marketplaces, Fintech
- Stage: Seed, Series A
- Location: Madrid, Spain
- Website: Kibo Ventures
2. Seaya Ventures
Seaya Ventures focuses on sustainable and purpose-driven growth companies with significant environmental and social impact.
- Sector: Sustainability, Purpose-driven growth, Climate tech, Fintech
- Stage: Series A, Series B, Series C
- Location: Madrid, Spain
- Website: Seaya Ventures
3. Samaipata Ventures
Samaipata Ventures is a European early-stage VC investing in digital platforms with strong network effects.
- Sector: Digital platforms, Network effects, Marketplaces
- Stage: Seed, Series A
- Location: Madrid, Spain
- Website: Samaipata Ventures
4. Axon Partners Group
Axon Partners Group is an international investment firm with a strong presence in Spain and emerging markets.
- Sector: Multi-stage tech, Emerging markets, B2B Software
- Stage: Seed, Series A, Series B, Growth
- Location: Madrid, Spain
- Website: Axon Partners Group
5. Cabiedes & Partners
Cabiedes & Partners is a veteran seed investor in Spanish tech startups with deep local market knowledge.
- Sector: Seed, Consumer internet, SaaS, Fintech
- Stage: Pre-Seed, Seed
- Location: Madrid, Spain
- Website: Cabiedes & Partners
6. Mundi Ventures
Mundi Ventures is a global-focused VC supporting deep-tech and insurtech innovations with international reach.
- Sector: Deep-tech, Insurtech, AI, Enterprise Software
- Stage: Series A, Series B
- Location: Madrid, Spain
- Website: Mundi Ventures
7. JME Ventures
JME Ventures is a generalist fund investing in scalable tech ventures across multiple sectors.
- Sector: SaaS, Marketplaces, Fintech, Consumer Tech
- Stage: Seed, Series A
- Location: Madrid, Spain
- Website: JME Ventures
8. Big Sur Ventures
Big Sur Ventures is an early-stage fund focused on Spanish tech companies with global scaling potential.
- Sector: Early-stage Spanish tech, SaaS, Consumer
- Stage: Seed, Series A
- Location: Madrid, Spain
- Website: Big Sur Ventures
9. Bullnet Capital
Bullnet Capital is a deep-tech specialist investing in high-tech startups with strong IP and technical differentiation.
- Sector: Deep-tech hardware, Industrial tech, AI
- Stage: Seed, Series A
- Location: Madrid, Spain
- Website: Bullnet Capital
10. TheVentureCity
TheVentureCity is a global accelerator fund with operations in Madrid supporting product-led growth companies.
- Sector: Product-led SaaS, Mobile, AI, Consumer
- Stage: Seed, Series A
- Location: Madrid, Spain (with offices in Miami and New York)
- Website: TheVentureCity
11. Adara Ventures
Adara Ventures is a B2B software investor focusing on early-stage growth with deep technical expertise.
- Sector: Cybersecurity, Data infrastructure, B2B SaaS
- Stage: Series A, Series B
- Location: Madrid, Spain
- Website: Adara Ventures
12. Demium Capital
Demium Capital backs startups from the idea stage through its comprehensive incubation model and funding.
- Sector: Incubation, Consumer apps, SaaS, Marketplaces
- Stage: Pre-Seed, Seed
- Location: Madrid, Spain
- Website: Demium Capital
13. Enzo Ventures
Enzo Ventures focuses on Gen Z founders and bold tech solutions addressing next-generation challenges.
- Sector: Gen Z founders, Bold tech, Web3, Consumer
- Stage: Seed, Series A
- Location: Madrid, Spain
- Website: Enzo Ventures
14. Faraday Venture Partners
Faraday Venture Partners is a network-based investment platform connecting private investors with promising startups.
- Sector: Network investment, Diverse tech verticals
- Stage: Seed, Series A
- Location: Madrid, Spain
- Website: Faraday Venture Partners
15. K Fund
K Fund is a leading Spanish VC supporting founders across SaaS, fintech, and consumer with strong operational support.
- Sector: SaaS, Fintech, Consumer, B2B Software
- Stage: Pre-Seed, Seed, Series A
- Location: Madrid, Spain
- Website: K Fund
Did not find the right venture capital firm in Madrid?
Don't worry, you can explore our comprehensive investors database with 7k+ VC funds listed, where we have catalogued over 7k+ VC firms, organized by sector, stage, and location.
Conclusion: venture capital firms in Madrid actively investing in 2025
Madrid has established itself as one of Europe's most dynamic startup ecosystems, with its venture capital landscape particularly strong in fintech, SaaS, and climate tech innovations. The 15 firms profiled here represent the core of Madrid's startup funding ecosystem, collectively managing over €8 billion dedicated to backing innovative companies.
What distinguishes Madrid VCs is their unique combination of Spanish market expertise, European network access, and strong connections to Latin American markets. These investors offer more than capital — they provide strategic guidance, connections to enterprise customers across Spanish-speaking markets, and access to Madrid's growing tech ecosystem.
The strength of Madrid's ecosystem lies in its integration with Spain's robust business environment, leading universities, and its position as a gateway to Latin American markets. Early support from seed investors like K Fund or Cabiedes & Partners can create pathways to growth capital from Seaya or Kibo Ventures, and ultimately to international expansion.
As Madrid continues to strengthen its position as a European tech hub, supported by initiatives like South Summit and Madrid Digital, these venture capital firms remain instrumental in maintaining the city's innovative edge. Their commitment to supporting ambitious founders and companies addressing global challenges ensures that Madrid's startup community will continue delivering both technological innovation and business impact for years to come.