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Top 25 Beauty VC Funds & Investors in Spain (October 2026)

The most active venture capital funds investing in Spain Beauty startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Spain Beauty startup companies. Find investors to raise a Seed, Series A or Venture - Series Unknown round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Eoniq.fund
VC Fund
3 Spain, United States Venture - Series Unknown, Seed, Pre-Seed Artificial Intelligence, Health Care, Software $115k–$1.7M
ENISA
VC Fund
3 Spain, United States, France Debt Financing, Seed, Pre-Seed Software, Health Care, Artificial Intelligence $68k–$1.6M
La Bolsa Social
VC Fund
2 Spain Seed, Pre-Seed, Series A Health Care, Beauty, Fashion $307k–$1.2M
Alpha Internet Ventures
VC Fund
2 Spain, Austria, United States Pre-Seed, Seed, Angel Internet, Solar, Beauty
Draper B1
VC Fund
2 Spain, United States, Italy Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence $200k–$10M
AddVenture
VC Fund
2 Russian Federation, United States, Spain Series A, Seed, Series B Internet, E-Commerce, Software $300k–$15M
Acurio Ventures
VC Fund
2 Spain, United States, United Kingdom Seed, Series A, Series B Software, E-Commerce, Artificial Intelligence $1.2M–$50M
Kibo Ventures
VC Fund
2 Spain, United States, United Kingdom Series A, Seed, Series B Software, E-Commerce, Mobile $823k–$51M
Angels Capital
VC Fund
1 Spain, United States, Kenya Seed, Angel, Venture - Series Unknown Software, Health Care, E-Commerce $108k–$7.1M
SODENA
VC Fund
1 Spain, United Kingdom Debt Financing, Seed, Venture - Series Unknown Health Care, Biotechnology, Manufacturing $37k–$3.5M
Seedway Ventures
VC Fund
1 Spain, United States Pre-Seed, Seed, Venture - Series Unknown CRM, Beauty, Big Data $155k–$235k
VitaminaK
VC Fund
1 Spain, United States, Germany Seed, Angel, Series A Software, E-Commerce, Health Care $329k–$2.5M
CapitalOven
VC Fund
1 India, United States, Spain Seed, Series A, Pre-Seed Artificial Intelligence, Software, Information Technology $250k–$6M
BeHappy Investments
VC Fund
1 Spain Seed, Series A, Convertible Note Agriculture, Food and Beverage, Pet $333k–$3.8M
Institut Valencià de Finances
VC Fund
1 Spain, United States Debt Financing, Seed, Series A E-Commerce, Manufacturing, Medical $157k–$5M
Endeavor Catalyst
VC Fund
1 United States, Brazil, Mexico Series B, Series A, Series C Software, FinTech, Financial Services $5.3M–$200M
Three Hills Capital Partners
VC Fund
1 United Kingdom, Italy, United States Private Equity, Venture - Series Unknown Manufacturing, Fitness, Software $15M–$119M
Alantra
VC Fund
1 Spain, Sweden, France Private Equity, Debt Financing, Series B Energy, Manufacturing, Renewable Energy $7.4M–$43M
Atresmedia
VC Fund
1 Spain, United States Venture - Series Unknown, Seed, Series B Software, E-Commerce, Apps $1.1M–$110M
The Valley
VC Fund
1 Spain Angel Beauty, Education
O Financial Club
VC Fund
1 Spain Series A Beauty, Cosmetics, Biotechnology
Grupo Zriser
VC Fund
1 Spain Seed, Venture - Series Unknown, Angel Software, Internet, E-Commerce $108k–$1.4M
WA4STEAM
VC Fund
1 Spain Seed, Pre-Seed, Venture - Series Unknown Health Care, Biotechnology, Artificial Intelligence $392k–$11M
Menadiona
VC Fund
1 Spain Series A Beauty, Cosmetics, Biotechnology
ICF Capital
VC Fund
1 Spain, United States, Mexico Debt Financing, Venture - Series Unknown, Seed Software, Health Care, Artificial Intelligence $110k–$7.6M
Access all 62 VC funds in Spain Beauty startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Eoniq.fund
VC Fund · Sevilla, Andalucia, Spain · 3 investments in Spain Beauty startups

Eoniq.fund is a generalist venture capital fund that invests in firms with Spanish based founders, being more proactive in terms of generating dealflow in regions outside of Madrid and Barcelona, and more reactive in those two hubs. They choose businesses with strong, ambitious teams, scalable business models, normally with a MVP already on themarket, and some traction, and are very centred on adding value to the startups that they invest in, over and above that of the funding itself.Eoniq.fund is headquartered in Sevilla, Andalucía.

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Investment focus

  • Industry: Artificial Intelligence, Health Care, Software
  • Stage:Venture - Series Unknown, Seed, Pre-Seed
  • Geography: Spain, United States

Investor stats

  • Total investments: 42
  • Round size: Seed $269k–$1.7M; Pre-Seed $224k–$772k; Venture - Series Unknown $115k–$1.7M
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • CeleBreak — Play football anytime, anywhere with CeleBreak. Join one of our pick-up games, trainings, tournaments or leagues! Download the app to get started
  • Happymami — Happymami is a manufacturing company that is involved in the design, development and production of innovative baby-feeding bottles.
  • InspectRail — InspectRail was established to offer high-quality information on the state of railway infrastructure, thereby enhancing its operation, management, and maintenance.
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ENISA
VC Fund · Madrid, Madrid, Spain · 3 investments in Spain Beauty startups, 22 in the past 12 months

ENISA is a public company under the Ministry of Industry, Energy and Tourism, through the Directorate General of Industry and Small and medium-sized enterprises which, since 1982, actively participates in the financing of viable and innovative business projects.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Debt Financing, Seed, Pre-Seed
  • Geography: Spain, United States, France

Investor stats

  • Total investments: 240
  • Round size: Seed $79k–$1.6M; Pre-Seed $165k–$1.2M; Debt Financing $68k–$489k
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Naturr — Nature, which seeks to connect small-scale artisanal food producers from rural areas with urban consumers. Nature platform could serve as an important bridge for promoting local and sustainable food systems, benefiting both rural producers and urban consumers i
  • Pekata — Pekata offers technological solution that allows employee to customize hamper based on personal tastes, dietary restrictions.
  • DARWIN Biomed — Biomedical Engineering
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La Bolsa Social
VC Fund · Madrid, Madrid, Spain · 2 investments in Spain Beauty startups

La Bolsa Social is an equity crowdfunding platform that aims at funding the growth of companies with a positive social and environmental impact. The platform is focused on the investors who seek a comprehensive profitability in the economic, social, and environmental sectors. It connects impact investors with companies that improve society and theenvironment. Its objective is to improve the financing of companies with growth potential that has a positive impact on society and the environment and promoting ethical finance. Founded in 2015, La Bolsa Social is authorized in Spain by the CNMV.

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Investment focus

  • Industry: Health Care, Beauty, Fashion
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Spain

Investor stats

  • Total investments: 10
  • Round size: Seed $307k–$1.2M
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Banbu — BANBU | ZERO WASTE COSMETICS. Productos naturales, Cruelty Free & Vegan revolucionarios para cuidar tu piel como nunca antes.
  • Orygen — Leading businesses towards net-zero by connecting them with high-quality carbon offsetting projects.
  • Abora Energy — Abora Energy is engaged in the design, development, and manufacture of hybrid solar panels.
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Alpha Internet Ventures
VC Fund · Nyack, New York, United States · 2 investments in Spain Beauty startups

Alpha Internet Ventures was founded by Boris Hageney, a long time internet entrepreneur and business angel, founder of CityDeal/Groupon in Southern Europe. To all Their projects They add extensive experience in launching, operating and growing start-ups as well as financing and exiting ventures in Europe and beyond.

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Investment focus

  • Industry: Internet, Solar, Beauty
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Spain, Austria, United States

Investor stats

  • Total investments: 8
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Quivo — Logsta is your flexible 3PL fulfilment provider
  • Robinsun — Robinsun's Plugin Solar Kits make you save on your energy bill instantly and help in the fight against climate change. Get your Plugin Solar Kit today and generate your own energy for self consumption.
  • GetYourHero — Stop worrying about cleaning your home or business, our heroes take care of everything . Fast, simple and reliable : that's our motto . Just book the service that best suits your needs and send you one of our profesionels you when you want.
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Draper B1
VC Fund · Valencia, Comunidad Valenciana, Spain · 2 investments in Spain Beauty startups, 7 in the past 12 months

We invest in you. Our commitment to innovation and entrepreneurship is your best ally to expand your business. Find out how we can boost your project!

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Spain, United States, Italy

Investor stats

  • Total investments: 122
  • Round size: Seed $200k–$2.8M; Pre-Seed $224k–$1.5M; Series A $1.2M–$10M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely actively investing — fresh fund, raised $23M in 2025

Portfolio highlights

  • Hirevoice — Hirevoice is a voice AI recruiter that runs structured voice AI interviews with every candidate and gives your team defensible hiring signal. Book a demo.
  • dimenso.ai — Dimenso AI develops software that uses voice and computer vision to capture laboratory activities in real time. Its technology integrates this information with laboratory information management systems (LIMS). It is designed to replace or supplement traditional laboratory notebooks with digital records of experimental activities.
  • Spacebackend — Lynapse by Spacebackend unifies interface modeling, version control, testing, and validation. Convert ICDs into traceable, deterministic implementations with human-in-the-loop review.
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AddVenture
VC Fund · Moscow, Moscow City, Russian Federation · 2 investments in Spain Beauty startups

AddVenture is a region & stage agnostic venture capital fund with a Russian origin. Our investment range is $1-10M.

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Investment focus

  • Industry: Internet, E-Commerce, Software
  • Stage:Series A, Seed, Series B
  • Geography: Russian Federation, United States, Spain

Investor stats

  • Total investments: 58
  • Round size: Seed $300k–$5M; Series A $1M–$8M; Series B $1M–$15M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: May invest from a new fund soon — raised $65M in 2016

Portfolio highlights

  • Armut — Armut is the leading local services marketplace in Turkey, focusing on home improvement, moving and cleaning.
  • Native Commerce — Grow your business with Jiffy SaaS platform which includes app/website, picking, delivery, supply chain & replenishment services
  • Native Commerce — A unified e-commerce platform combining CMS, OMS, WMS, Delivery & Logistics to help modern retailers operate, scale & deliver great e-commerce experiences.
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Acurio Ventures
VC Fund · Bilbao, Pais Vasco, Spain · 2 investments in Spain Beauty startups

Acurio Ventures partners with visionary founders to make history happen. Acurio Ventures is a European early-stage VC that invests across sectors and business models and that relies on its entrepreneurial DNA, flexible approach and proven value add to partner with the best founders out there.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Spain, United States, United Kingdom

Investor stats

  • Total investments: 130
  • Round size: Seed $1.2M–$6.2M; Series A $3.3M–$19M; Series B $10M–$50M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely actively investing — fresh fund, raised $131M in 2026

Portfolio highlights

  • Lexroom — Lexroom.ai allows lawyers to complete hours of legal research in seconds.Legal professionals spend up to 50% of their time in repetitive, low value-adding tasks. That’s why we’re building Lexroom.ai, a product that allows lawyers to complete hours of research in seconds, so they can focus on what really matters.Lexroom.ai perfectly integrateswith lawyers' daily workflow and enables them to speed up time-consuming legal research tasks while increasing output quality, so that they can focus more on value-adding activities.Lexroom.ai is building a bridge between advanced artificial intelligence technologies and legal professionals, through a product specifically tailored to their needs.
  • Flipflow — At Flipflow, we offer brands, manufacturers, and retailers an accurate, actionable, real-time snapshot of their products, competitors, and the market to facilitate informed business decisions. We gather millions of data points daily from retailers in markets worldwide. This data is processed, structured, and delivered as real-time actionableinsights through a flexible and powerful Business Intelligence (BI) suite. Our suite incorporates automations and AI-powered analytics, providing prescription capabilities that guide different teams within retail companies to make optimal business decisions. This approach not only offers a more holistic perspective for key decisions but also enhances day-to-day reaction capabilities.
  • Crescenta — Your Alternative Investment Space
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Kibo Ventures
VC Fund · Madrid, Madrid, Spain · 2 investments in Spain Beauty startups, 10 in the past 12 months

Kibo Ventures is a European tech investment platform created to support entrepreneurs with bold ideas. We invest in early-stage startups and help them scale globally.

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Investment focus

  • Industry: Software, E-Commerce, Mobile
  • Stage:Series A, Seed, Series B
  • Geography: Spain, United States, United Kingdom

Investor stats

  • Total investments: 135
  • Round size: Seed $823k–$15M; Series A $1.8M–$25M; Series B $6.2M–$51M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely actively investing — fresh fund, raised $141M in 2025

Portfolio highlights

  • Sorare — Global Fantasy Football. Collect limited edition digital collectibles, Manage your team and earn prizes!
  • NeuralTrust — NeuralTrust is the leading security platform for generative AI, offering a unified command center for real-time defense and offense. Its open source AI gateway delivers the fastest performance in the market for managing LLM traffic, while its automated red teaming engine proactively uncovers vulnerabilities, ensuring robust protection for your AIsystems.
  • THEKER Robotics — THEKER Robotics is a startup developing intelligent general-purpose robots for sectors such as waste management and logistics.
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Angels Capital
VC Fund · Valencia, Comunidad Valenciana, Spain · 1 investments in Spain Beauty startups, 7 in the past 12 months

Angels Capital philosophy is to find and support at 1 able to lead a project. Their goal is to support the entrepreneurial, helping to create new businesses, help grow their business sector, generate employment and create wealth.

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Investment focus

  • Industry: Software, Health Care, E-Commerce
  • Stage:Seed, Angel, Venture - Series Unknown
  • Geography: Spain, United States, Kenya

Investor stats

  • Total investments: 138
  • Round size: Seed $276k–$2.5M; Angel $108k–$1.5M; Venture - Series Unknown $142k–$7.1M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Citring — Citring One, is an innovative juicer with a radically simplified process. Effortless from juicing to cleaning, it is ideal for anyone with a busy lifestyle. Say goodbye to hassle and hello to fresh juice. With Citring One, juicing is as easy as pressing a button.
  • Vinkova — Vinkova specializing in high-quality, customizable rhythmic gymnastics leotards, training wear, apparatus, and performance accessories.
  • Cocircular — Cocircular is a Construction Company.
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SODENA
VC Fund · Pamplona, Navarra, Spain · 1 investments in Spain Beauty startups

SODENA is the main instrument of the Government of Navarre for the business development of the region. SODENA carries out its activities as a public limited company, with a majority direct shareholding of 65.42% by the Government of Navarre, and an indirect participation through Nafinco (14.58%). It also participates in the shareholding of GrupoCorporativo Empresarial Caja Navarra (20%), through TME 2001 CorpCan, S.L.

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Investment focus

  • Industry: Health Care, Biotechnology, Manufacturing
  • Stage:Debt Financing, Seed, Venture - Series Unknown
  • Geography: Spain, United Kingdom

Investor stats

  • Total investments: 94
  • Round size: Seed $110k–$1.2M; Debt Financing $37k–$762k; Venture - Series Unknown $109k–$3.5M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • FuVeX — FuVeX is dedicated to the design, manufacture, and commercialization of drones. The vision of the members of FuVeX is to improve the way in which the great institutions and companies are related to the aeronautics. Moreover, the company's mission is to provide such institutions and companies with an aircraft that allows them to solve theirmonitoring or transportation needs by flying long distances in a safe, easy and legal way.
  • HOMVERS — Homvers designs and manufactures automated smart furniture systems that physically move to optimize living space in small apartments. Their motorized products, such as beds and desks, retract into walls or ceilings to allow rooms to serve multiple functional purposes throughout the day.
  • El Caserío de Tafalla — El Caserío de Tafalla is a food production company that processes and supplies a variety of candies.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Seedway Ventures
VC Fund · Spain, Georgia, United States · 1 investments in Spain Beauty startups

Seedway Ventures is an investment company.

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Investment focus

  • Industry: CRM, Beauty, Big Data
  • Stage:Pre-Seed, Seed, Venture - Series Unknown
  • Geography: Spain, United States

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $155k–$235k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Lubets — Lubets, organic certificated singledose pleasure enhancers applied with a click. It arises to cover a segment that has been neglected by the big brands. A quality and eco-friendly product with a playful approach and the brand that connects emotionally with its customers. Lubets presents itself by breaking the codes established in the category ofpersonal lubricants: format, application and communication. International profile and mass consumption distribution channel.
  • Streamion — Streamion is a digital marketing agency that offers advertising, branding, social media, campaigns, and live video streaming services.
  • Bitstartups — Bid on recently expired premium domains and backorder domains before they drop. Daily fresh drops across .it, .es, .eu, .be and more.
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VitaminaK
VC Fund · Madrid, Madrid, Spain · 1 investments in Spain Beauty startups

Vitamin K is an SCR that invests in technology companies and internet in its early stages. They invest in entrepreneurs with experience and equipment, providing funding and support to the management.

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Investment focus

  • Industry: Software, E-Commerce, Health Care
  • Stage:Seed, Angel, Series A
  • Geography: Spain, United States, Germany

Investor stats

  • Total investments: 13
  • Round size: Seed $329k–$2.5M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • 8fit — Get personalized workouts, custom meal plans, and nutrition guidance, right in the palm of your hand. Prioritize progress over perfection with the 8fit app!
  • Mailsuite — MailTrack is a SaaS which takes the double-checks from mobile messaging to the email.So far, MailTrack is available only as an extension for Google Chrome and Gmail.MailTrack was an initiative of Nacho González (creator of InfoJobs.net). Partners include Daniel Giménez (CTO/founder Trovit.com), Jesús Monleón (co-founder Offerum.com),David Tomás (founder CyberClick) and Eduardo Manchón (founder Panoramio, recently sold to Google).Founders include Gabi García and Gil Casadevall.
  • PromoFarma.com — PromoFarma.com is the leading online marketplace of consumer health and wellness products, enabling thousands of customers to purchase the best beauty, baby and health products directly from hundreds of pharmacies and other health merchants. Founded in Barcelona, PromoFarma.com is operating in Spain, but it's already planning to export itssuccessful business model abroad.The company's innovative model is based on Spanish high retail pharmacies for a quick and profitable delivery of quality products from the most renowned brands. It is a new business model that combines online sales of consumer health products with the added value of their delivery from the local pharmacy channel. This marketplace enables users to order online and receive products at home with trust, transparency and convenience guaranteed.The company bases its value proposal on a wide catalog of 30.000 items, the best prices and an excellent delivery service. Currently, PromoFarma.com has a network of 300 pharmacies across Spain and more than 150.000 buyers, getting strong brand recognition thanks for its TV campaigns.PromoFarma.com is transforming the online health challenge into a marketplace that provides confidence to consumers who are interested in healthcare products with the highest pharmaceutical features.PromoFarma.com has been recognized by the magazine Actualidad Económica as one of the Best Spanish Startups for its innovation, talent and youth. Furthermore, in 2014 and 2015 it has been awarded with the popular prize of “Best Beauty and Personal Care Webshop”.
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CapitalOven
VC Fund · Kolkata, West Bengal, India · 1 investments in Spain Beauty startups, 25 in the past 12 months

CapitalOven is a venture capital firm backing early-stage AI & GenAI founders from Seed to Series A.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, United States, Spain

Investor stats

  • Total investments: 129
  • Round size: Seed $420k–$3M; Pre-Seed $250k–$800k; Series A $2.5M–$6M
  • Lead/follow: 79% lead, 21% follow
  • Last fund: Likely actively investing — fresh fund, raised $60M in 2025

Portfolio highlights

  • Aktwist — AI-Powered Battle Royale Platform , Experience next-generation gaming with AI-driven combat, immersive environments, and competitive gameplay.
  • Sahinov — Generate launch-ready visuals from a simple prompt
  • SocheraAI — Turn your ideas into professional videos, realistic voiceovers, and high-quality content, all from a single AI-powered platform. No editing skills required.
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BeHappy Investments
VC Fund · Madrid, Madrid, Spain · 1 investments in Spain Beauty startups

BeHappy Investments a fund in which, in addition to financial gains, the development of sustainable initiatives, support for rural modernization, and environmental stewardship take precedence.

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Investment focus

  • Industry: Agriculture, Food and Beverage, Pet
  • Stage:Seed, Series A, Convertible Note
  • Geography: Spain

Investor stats

  • Total investments: 8
  • Round size: Seed $333k–$1.3M; Series A $3.8M–$3.8M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Banbu — BANBU | ZERO WASTE COSMETICS. Productos naturales, Cruelty Free & Vegan revolucionarios para cuidar tu piel como nunca antes.
  • Nina Woof — Cute and cool, never cruel Vegan Premium Dog Accessories. For stylish pups Cruelty free Socially responsible Environmentally friendly
  • Kibus Petcare — Kibus Petcare offers a device that cooks pet food automatically. Its device allows pet owners to serve their pet a natural and healthy food, which is human-grade, minimally processed and completely tasteful. It works automatically and only required to push a button and the device makes everything. It is possible to program the appliance to workautomatically and start cooking at a specific time.Kibus Petcare was founded in 2016 and is based in Igualada, Spain.
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Institut Valencià de Finances
VC Fund · Valencia, Comunidad Valenciana, Spain · 1 investments in Spain Beauty startups

Institut Valencià de Finances is a public promotional bank that is governed by the Generalitat and is in charge of financing the Valencian business community.

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Investment focus

  • Industry: E-Commerce, Manufacturing, Medical
  • Stage:Debt Financing, Seed, Series A
  • Geography: Spain, United States

Investor stats

  • Total investments: 20
  • Round size: Seed $269k–$4.3M; Series A $4.3M–$5M; Debt Financing $157k–$1.5M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • IONLY — IONLY manufactures lithium batteries for solar panel installations.
  • bezeroo — Bezeroo provides software for organizations involved in waste management and Extended Producer Responsibility operations. Its bezeroo SRAP module supports regulatory reporting, adherent management, and collection coordination. bezeroo rutas provides route optimization, mobile collection records, and digital evidence generation. bezeroo carbonocalculates carbon footprints, produces certifiable reports, and tracks emissions. The platform connects operational data, documentation, compliance workflows, logistics, and environmental reporting.
  • Veganic — Veganic develops 100% vegan biological crop inputs powered by MicroGea(r) technology - biostimulants, biofungicides and bioinsecticides for professional agronomists in 9+ countries.
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Endeavor Catalyst
VC Fund · New York, New York, United States · 1 investments in Spain Beauty startups

Endeavor Catalyst is the co-investment fund set up to invest exclusively in led companies

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Series B, Series A, Series C
  • Geography: United States, Brazil, Mexico

Investor stats

  • Total investments: 502
  • Round size: Series A $5.3M–$37M; Series B $8M–$100M; Series C $20M–$200M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely actively investing — fresh fund, raised $300M in 2025

Portfolio highlights

  • Dataroid — Enterprise-level digital analytics and customer engagement platform that helps enhance every customer interaction with data-driven insights.
  • Pagaleve — pagaleve offers payment in installments at PIX, with no interest and no credit card required. They provide merchants with a new payment method in order to increase their sales in a simple, uncomplicated, and agile manner, but they also want to provide people with the opportunity to buy what they want without committing to the card'shigh-interest rates and credit.
  • EnduroSat — Enabling profitable LEO satellite constellations with standardized satellites and fixed-cost space service. 100+ satellites deployed to orbit
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Three Hills Capital Partners
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Spain Beauty startups

Founded in 2013, Three Hills Capital Partners is an independent platform that aims to provide financing solutions to successful European mid-market companies that are looking for alternatives to traditional bank debt and ordinary equity. Their solutions aim at financing high-quality companies with significant growth potential partnering withinstitutional management teams and entrepreneurs with a first class track record of success.

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Investment focus

  • Industry: Manufacturing, Fitness, Software
  • Stage:Private Equity, Venture - Series Unknown
  • Geography: United Kingdom, Italy, United States

Investor stats

  • Total investments: 45
  • Round size: Private Equity $29M–$119M; Venture - Series Unknown $15M–$21M
  • Lead/follow: 76% lead, 24% follow
  • Last fund: Likely actively investing — fresh fund, raised $351M in 2026

Portfolio highlights

  • Sinewave — Sinewave is an electrical engineering company offering electrical design, grid connections, and construction services.
  • Les Secrets de Loly — Les Secrets de Loly is a product manufacturing industry.
  • Iberian Smart Financial Agro — Sustainable Iberian agro company developing efficient almond farming investment projects.
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Alantra
VC Fund · Madrid, Madrid, Spain · 1 investments in Spain Beauty startups

Alantra is an international financial services firm with over 500 professionals across EMEA, the Americas, and Asia.

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Investment focus

  • Industry: Energy, Manufacturing, Renewable Energy
  • Stage:Private Equity, Debt Financing, Series B
  • Geography: Spain, Sweden, France

Investor stats

  • Total investments: 37
  • Round size: Series B $14M–$31M; Debt Financing $7.4M–$43M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • GridBeyond — GridBeyond is the developer of an artificial intelligence platform aimed at achieving a global zero-carbon future. The company provides AI-powered services and storage to help customers achieve a zero-carbon future by bridging the gap between distributed energy resources and electricity markets, allowing them to access utility-scale renewablesgeneration, battery storage, or industrial load that can be used to maximize opportunities and improve the grid.
  • Eturnity AG — Die Eturnity Software automatisiert den und erleichtert den Beratungs- und Verkaufsprozess im Bereich der Erneuerbaren Energiesysteme.
  • SALTO Systems — Lead the digital transformation of access and identity management through ground breaking technologies and thoughtful solutions.
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Atresmedia
VC Fund · Madrid, Madrid, Spain · 1 investments in Spain Beauty startups

Atresmedia is a communication group that operates in television, digital, and multimedia development sectors. It was established in 1988 and is headquartered in Madrid, Spain.

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Investment focus

  • Industry: Software, E-Commerce, Apps
  • Stage:Venture - Series Unknown, Seed, Series B
  • Geography: Spain, United States

Investor stats

  • Total investments: 23
  • Round size: Seed $1.1M–$6.3M; Series B $5M–$19M; Venture - Series Unknown $2.9M–$110M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • TaxDown — TaxDown has revolutionized tax advice by being lone of the pioneers in digital service that lets users file income tax returns easily. It claims to guarantee the taxpayers the desired results. As this company is the collaborator of the Tax Agency, taxpayers can present their income statements on their own platform. The digital and automaticsolution maximizes savings.
  • Sábado Time — Sábado Time is a production company.
  • Incapto Coffee — Incapto provides coffee solutions that combine specialty whole-bean coffee, super-automatic coffee machines, and subscription-based delivery services for consumers and businesses. The company supplies freshly roasted coffee beans sourced from multiple origins and delivers them directly to customers through recurring subscriptions, ensuringcontinuous availability and freshness. Its offering includes fully automatic coffee machines that grind and brew beans on demand, enabling users to prepare coffee without single-use capsules or manual preparation steps. The company also provides workplace coffee solutions, supplying machines, beans, and technical support for offices, hotels, and food service environments.Incapto integrates digital tools that track consumption, manage inventory, and automate replenishment, allowing customers to monitor usage and receive supplies based on demand. It also offers complementary products such as accessories, beverages, and maintenance services to support ongoing operation of its coffee systems.
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The Valley
VC Fund · Madrid, Madrid, Spain · 1 investments in Spain Beauty startups

The Valley es un ecosistema digital que une la escuela de negocios (The Valley Digital Business School), el headhunter (The Valley Talent) y el coworking.

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Investment focus

  • Industry: Beauty, Education
  • Stage:Angel
  • Geography: Spain

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Bersity School — Bersity School is an online training school for beauty professionals.
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O Financial Club
VC Fund · Madrid, Madrid, Spain · 1 investments in Spain Beauty startups

O Financial Club is an investment group.

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Investment focus

  • Industry: Beauty, Cosmetics, Biotechnology
  • Stage:Series A
  • Geography: Spain

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Roka Furadada — Roka Furadada mission is to reduce the incidence of skin cancer through research, development, and production of active ingredients and medical devices, with high efficiency and low toxicologic and environmental impact.
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Grupo Zriser
VC Fund · Valencia, Comunidad Valenciana, Spain · 1 investments in Spain Beauty startups

Zriser Group starts in 2007 because of the initiative of Ana and Pablo Serratosa Luján, who decided to change their family investment strategy. This decision started a new stage for their asset management scheme, formerly based only on corporate acquisitions, evolving to an asset allocation strategy based on three asset investment classes: capitalmarkets, corporate acquisitions and real estate.The know-how acquired during generations, has allowed us to evolve to a management model focused on a reasonable risk-profitability balance, and aimed to permit the continuity and development of their family business through future generations.

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Investment focus

  • Industry: Software, Internet, E-Commerce
  • Stage:Seed, Venture - Series Unknown, Angel
  • Geography: Spain

Investor stats

  • Total investments: 11
  • Round size: Seed $108k–$876k; Venture - Series Unknown $1.4M–$1.4M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • WITRAC — WITRAC, disruptive Track&Trace Platform + Infrastructure based in IoT-AI-5G technologies for Digital Transformation within Industry 4.0. Combining the power of smart IoT+5G devices with AI and analytic platform, WITRAC provides useful information and valuable insights to optimize Industry Supply-chain. Identify, locate, measure and controlwirelessly and in real time, any asset, anywhere.
  • PlayFilm — PlayFilm is a tech startup that develops software for interactive video formats The company was founded in 2014 and is based in Valencia, Spain.
  • Flamingueo — Flamingueo is a brand that sells a mix of curated products for young women. Its products are usually accessories that create photographic moments and spaces. The company was founded in 2016 and is headquartered in Valencia.
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WA4STEAM
VC Fund · Barcelona, Catalonia, Spain · 1 investments in Spain Beauty startups

WA4STEAM is an all women angels investment group delivering worldwide access to seed capital for women entrepreneurs led startups in STEAM Science, Technology, Engineering , Architecture & Architecture and Mathematics

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Investment focus

  • Industry: Health Care, Biotechnology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Spain

Investor stats

  • Total investments: 22
  • Round size: Seed $392k–$4.2M; Pre-Seed $671k–$1.2M; Venture - Series Unknown $6.1M–$11M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Hair Up Laser — Making alopecia a problem of the past.
  • Genbioma — Genbioma is a biotechnology company transforming microbiome science into clinically validated postbiotics that support metabolic health, improve glucose control, and naturally activate the GLP-1 pathway.
  • Onalabs Inno-hub — Onalabs develops remote, continuous and non-invasive bio-medical devices to monitor through the skin and sweat several vital signs and some biomarkers. Onalabs is the first non-invasive device able to measure some chemical parameters present in sweat using miniaturised biosensors. Its non-invasive products based on wearable formats empower thepatients and their families to measure relevant vital signs and biomarkers anytime and anywhere, allowing them to detect and monitor early stages of possible clinical deterioration, which could prelude in earlier management strategies, resulting in shorter hospital stays and prevention of unnecessary treatments. The solutions are addressed to chronic patients, such as COPD, HF and Diabetes.
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Menadiona
VC Fund · Barcelona, Catalonia, Spain · 1 investments in Spain Beauty startups

Menadiona is an independent privately-owned company that specializes in manufacturing active ingredients (APIs) and key intermediates for the Pharmaceutical, Veterinary, Plant Health, and Nutraceutical industries.

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Investment focus

  • Industry: Beauty, Cosmetics, Biotechnology
  • Stage:Series A
  • Geography: Spain

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Roka Furadada — Roka Furadada mission is to reduce the incidence of skin cancer through research, development, and production of active ingredients and medical devices, with high efficiency and low toxicologic and environmental impact.
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ICF Capital
VC Fund · Barcelona, Catalonia, Spain · 1 investments in Spain Beauty startups, 7 in the past 12 months

ICF Capital is a venture and growth capital management firm from ICF. ICF is a public financial institution founded in 1985 and owned by the Government of Catalonia. Our mission is to foster and improve access to funding for companies that operate in Catalonia in order to contribute to the growth of the region's economy while complementing theprivate financial sector. ICF provides funding to Catalan companies and entrepreneurs. They assist them in their development and growth, generating value for society at large. The institution offers companies a range of products and services in the area of corporate finance, focusing on loans and guarantees and venture capital investments. ICF operates via a parent company, two subsidiaries (IFEM and ICF Capital), and an investee (AVALIS). ICF, through IFEM, supports the creation and growth of innovative start-ups through the investment in venture capital funds for seed segments and co-investment with private investors through participative loans. ICF Capital, which manages closed-end UCITS and is authorized by Spain's National Securities Market Commission (CNMV), manages, nurtures, and advises public and/or private funds or venture capital firms that provide capital to Catalan companies. At present, ICF Capital directly manages 2 venture capital firms: ICF Capital Expansió II and ICF Venture Tech II.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Debt Financing, Venture - Series Unknown, Seed
  • Geography: Spain, United States, Mexico

Investor stats

  • Total investments: 116
  • Round size: Seed $1.2M–$7.6M; Debt Financing $110k–$1.7M; Venture - Series Unknown $560k–$6M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — raised $44M in 2024

Portfolio highlights

  • Kintai — Kintai's a lending platform aiming to help small and medium companies with their funding needs. Based on a merchant cash advance model, companies can return their loans on a daily basis with low frictionless amounts.
  • Covides — Covides is a prominent Spanish wine cooperative that integrates grape production, vinification, and international commercial distribution for local winegrowers.
  • ATTSU — ATTSU is leader manufacturer of industrial steam boilers, thermal oil boilers and superheated water boilers. Available on a wide variety of fuels.
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Beauty VC funding in Spain at a glance

Stats across 50 deals from 62 investors.

62
investors
in Spain Beauty startups
50
deals
in Spain Beauty startups
$521k
median round
in Spain Beauty startups
56%
lead investors
lead at least one round
20%
Venture - Series Unknown
most common funding stage

Access all 62 VC funds in Spain Beauty startups.

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