# Top 20 Beauty VC (Venture Capital) Funds in Spain in June 2026

## Draper B1
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, SaaS, Information Technology

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!

## ENISA
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Seed, Debt Financing, Pre-Seed
- Focus: Software, Health Care, Information Technology

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.

## Kibo Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Software, E-Commerce, Mobile

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.

## AddVenture
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Internet, E-Commerce, Software

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

## Bewater Funds
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Seed, Secondary Market
- Focus: Software, SaaS, Machine Learning

Bewater Funds manages closed-end funds that invest in excellent, unlisted private companies. Entity supervised by the CNMV. Only for professional clients.

## Eoniq.fund
- Type: VC Fund
- Location: Sevilla, Andalucia, Spain
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Artificial Intelligence, Health Care, Software

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.

## La Bolsa Social
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Health Care, Fashion, Beauty

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.

## Acurio Ventures
- Type: VC Fund
- Location: Bilbao, Pais Vasco, Spain
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, E-Commerce, Artificial Intelligence

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.

## Angels Capital
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Software, E-Commerce, Health Care

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.

## Atresmedia
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Seed, Series B
- Focus: Apps, Rental, FinTech

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.

## O Financial Club
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Series A
- Focus: Beauty, Cosmetics, Biotechnology

O Financial Club is an investment group.

## Alantra
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Private Equity, Debt Financing, Series B
- Focus: Energy, Manufacturing, Financial Services

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

## Pinama Investment
- Type: VC Fund
- Location: Alcobendas, Madrid, Spain
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Internet, SaaS, Software

Pinama is an investment club formed by entrepreneurs willing to invest in projects with a "return on investment" beyond the purely financial.

## Three Hills Capital Partners
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 1
- Stages: Private Equity, Post-IPO Debt
- Focus: Manufacturing, Fitness, Health Care

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.

## Red Sea Ventures
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Health Care, Software, E-Commerce

Red Sea Ventures invests in early stage technology-enabled companies that have the potential to transform industries and consumer experiences for the better.

## ICF Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Debt Financing, Seed
- Focus: Software, Biotechnology, Health Care

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.

## Klinea Pharmaceutical Engineering
- Type: VC Fund
- Location: Mollet del Vallès, Galicia, Spain
- Relevant deals: 1
- Stages: Series A
- Focus: Beauty, Cosmetics, Biotechnology

Klinea Pharmaceutical Engineering is a global engineering corporation specialized in the pharmaceutical sector. Fully committed to providing high added value in Engineering design, Project Management, and Quality Scrutineering Tests.

## The Valley
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Angel
- Focus: Beauty, Education

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.

## SODENA
- Type: VC Fund
- Location: Pamplona, Navarra, Spain
- Relevant deals: 1
- Stages: Debt Financing, Seed
- Focus: Health Care, Biotechnology, Software

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.

## Menadiona
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Series A
- Focus: Beauty, Cosmetics, Biotechnology

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.
