# Top 50 Fitness Startup Investors in Spain in June 2026

## Bullnet Capital
- Type: VC Fund
- Location: Pozuelo De Alarcón, Madrid, Spain
- Relevant deals: 5
- Stages: Seed, Series A
- Focus: Software, Information Technology, Manufacturing

Independent Venture Capital Firm specialized in high technology Spanish start-ups. Helping tech entrepreneurs during the early stages of their company to build successful businesses

## Inveready
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Software, Biotechnology, Information Technology

Inveready is a leading Spanish financial services firm focused on investment solutions and wealth management.

## JME Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

We help build cutting-edge companies like Flywire. Flywire's trusted and secure global payment platform keeps your money moving around the world.

## Angels Capital
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 4
- 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.

## TheVentureCity
- Type: VC Fund
- Location: Miami, Florida, United States
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, Information Technology

Our ticket size ranges from $100-500k for Pre-seed/Seed and $1-4M for Series A companies. We're in search of promising-founders with product-driven mindsets who have a passion for building. Those who've fallen in love with data. For we believe in fit---both product and with the team here. Got a great idea? Come to TheVentureCity and give it the expertise to help it grow.

## Faraday Venture Partners
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, E-Commerce, SaaS

Founded in 2011, Faraday Venture Partners is a pan-European Venture Capital firm investing in European innovative early-stage startups via its network of Clubs of  Investors and its own Funds.

## Cabiedes & Partners
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: E-Commerce, Internet, Fashion

Cabiedes & Partners is a Spanish venture capital firm that provides seed funding and early-stage and later-stage investment services.


Cabiedes & Partners was founded in 2009 and is headquartered in Madrid, Spain.

## 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!

## Creas
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Series B, Convertible Note
- Focus: E-Commerce, Apps, Fashion

Creas is the first institutional impact fund in Spain investing in social companies.

## Technogym
- Type: VC Fund
- Location: Cesena, Emilia-Romagna, Italy
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Fitness, Wellness, Apps

Technogym, the leading designer of gym equipment & fitness solutions trusted by thousands of gyms, fitness centres and home owners around the world

## 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.

## Wayra
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

Wayra is a globally connected and technological open innovation hub in the world.  We currently operate in  10  countries: Argentina, Brazil, Chile, Colombia, Germany, Mexico, Peru, Spain, the United Kingdom, and Venezuela.Through Telefónica our global presence allows us to be at the helm of innovation, shoulder to shoulder with drivenentrepreneurs and in a position to engage the right partners and leaders of industries for business. Our mission is clear, to connect innovators with Telefónica and generate joint business opportunities. We are the interface between Telefónica and entrepreneurial ecosystems across the globe because innovation makes good business sense.

## Athos Capital
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

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## BStartup
- Type: VC Fund
- Location: Sant Cugat Del Vallès, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Artificial Intelligence

A Banc Sabadell initiative to support young companies in developing their projects. Bstartup is designed to support entrepreneurs so their projects can be developed with maximum guarantees of success.

- Investment and growth
- Specialized products and branches
- Collaborative innovation

## Octopus Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, Health Care, Information Technology

We provide venture capital investment for the people, ideas and industries that will change the world. Learn about what we do and the kind of founders we back.

## Fondo Bolsa Social
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Seed, Grant, Series A
- Focus: Artificial Intelligence, SaaS, Software

Fondo Bolsa Social venture capital fund that invests into startups or new companies that generates positive social and environmental impact.

## Albert Armengol
- Type: Angel
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Apps, Mobile Apps

Albert Armengol took up his MBA at Esade.

## INNVIERTE ECONOMIA SOSTENIBLE SICC SME SA
- Type: VC Fund
- Relevant deals: 2
- Stages: Series A, Grant, Pre-Seed
- Focus: Semiconductor, Optical Communication, Apps

CDTI

## Ship2B Ventures
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Health Care, Software, AgTech

A refined, minimalist VC platform for visionary founders and impact-focused investors to connect and scale the future of technology.

## Enzo Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Financial Services, Information Technology

We are an early-stage VC fund investing in tech companies that meet future generation needs

## The Crowd Angel
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Equity Crowdfunding
- Focus: Internet, Software, E-Commerce

The Crowd Angel is a premium equity crowdfunding platform that enables its users to invest from 3.000€ in a selection of the best Spanish startups. A hybrid between crowdfunding and venture capital, it takes an active part on the board of the companies invested. The platform opens the business angel model to people wanting to enter the startupecosystem.We have co-invested together with some of top Spanish VCs (Inveready, Keyword VC, Antai Venture Builder, Media Digital Ventures, Bankinter, etc). We are backed by Inveready and Keyword VC.

## Javier Rubio
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Travel, Logistics, Mobile Apps

Javier was co-founder and Executive Chairman of Cluster Consulting, until its sale to Diamond Technology Partners in 2000 to create DiamondCluster, where he was the Chairman for Europe and Latin America up until 2003.He was also a co-founder, substantial investor and the Executive Chairman of Nauta Capital, a venture capital fund based inBarcelona with offices in Boston and London and investments in both Europe and the United States. For instance, he led the investment in Social Point, where he is also the Chairman.Javier holds a degree in Telecommunications from the University of Barcelona and an MBA from the University of Chicago.

## Johann "Hansi" Hansmann
- Type: Angel
- Location: Vienna, Wien, Austria
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, Health Care, Fitness

Dr. Johann ‘Hansi’ Hansmann was born in Austria and studied economics in Vienna. He spent the major part of his professional life working as an executive in the pharmaceutical industry in Austria, Germany, UK and Spain. He gathered several years of entrepreneurial experience running successfully his own pharmaceutical company in Spain afterconducting a management buy-out of a big pharmaceutical plant, making an exit in 2003. Since this time he is active as investor and business angel. He currently holds investments with a geographical focus on Austria, Germany, UK and Spain both internet and in the health industry. He led Runtastic, shpock, mysugr and just recently durchblicker and Busuu to extraordinary exits. He was president of the ‘Austrian Angels Investors Association’ until 2021, was awarded 'Best European Early Stage Investor' in 2016 by eban.org and is now based in Vienna and tries to find spare time to ride his mountain bike.

## 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.

## iSeed Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Health Care, Software, Fitness

iSeed is an early-stage investment company. They focus on consumer mobile technology with a keen interest in healthcare. iSeed is committed to partnering with the next generation of technology startups to grow a lasting and impactful company.

## Luis Martin Cabiedes
- Type: Angel
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Apps, SaaS, Music

Luis Martín Cabiedes is part of Cabiedes & Partners, a company specialized in investments in early-stage technology startups and, usually, in Spain. Previously, he studied Philosophy at the Complutense University of Madrid and was CEO of Europa Press for twelve years. Among its investment startups include Printcolor, Bubok, Blablacar, Uvinum,Credimarket, Talmix, Tiendeo, Deporvillage, Deskidea, Kantox, Modalia, Derecho.com, Weareknitters, Clinicpoin, Smadex, Funidelia, Reclamator, Chicfy, Traventia, Aprendum, Zacatrus, Cocunat , Socialcar, Suop, Dietox, Postpone, Advise, startupxplore, ovipac, Labellessiette, Gocater, Livetobe, Tiko, Tripsum, Besepa, Wetaca, Tviso, Regalador, Kuaderno, Tripuniq, Laagam, Celebrents, Tomabida, BePretty, Sevensenders, Baluwo and Rentuos .

## 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.

## 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.

## ENISA
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- 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.

## Centre for the Development of Industrial Technology (CDTI)
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Grant, Seed
- Focus: Biotechnology, Health Care, Software

The Center for Industrial Technological Development (CDTI) is a public corporation under the Ministry of Economy and Competitiveness, which promotes innovation and technological development of Spanish companies. Is the entity which channels requests for funding and support to projects I + D + i  of Spanish companies  in the national andinternational levels. The CDTI has a staff of more than 300 people formed three quarters of engineers and graduates. Although the bulk of the infrastructure of the CDTI is located in Madrid, the Centre offers Spanish companies a strategic network of offices and representatives abroad (Japan -SBTO (Spain Business and Technology Office) - Belgium -SOST (Spain Office of Science and Technology) and Permanent Secretariat Eureka-, Brazil -FINEP (Financier of Studies and Projects) -, Korea, Chile, Morocco, China, India, Mexico and USA) to support them in their technological activities of type int .

## Jeroen Merchiers
- Type: Angel
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Beauty, Fitness, CleanTech

Jeroen Merchiers

## John Nahm
- Type: Angel
- Location: Los Angeles, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Beauty, Mobile, Fitness

John Nahm is responsible for overall business strategy and execution at Phonevite.Formerly a Sr. Product Manager and Business Development Manager at Dialpad (Silicon Valley's leading VoIP company and brand, acquired by Yahoo!), John led the successful launch of Dialpad's award-winning Premium Services. In the past, John was also a VP ofCorporate Banking at US Bancorp. His experience includes international development work with the United Nations and business consulting with Deloitte as well. John grew up in the Canary Islands of Spain before moving to the US. He studied Economics (B.A.) and International Finance (M.I.A) at Columbia University.

## 4Founders Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, FinTech, Financial Services

4Founders Capital is Venture Capital fund, founded in Barcelona in 2017 investing in high growth technology companies with a clear focus on profit generation, efficient use of capital and with solid teams.4Founders Capital is promoted by Jesús Monleón, Marc Badosa, Javier Pérez-Tenessa and Marek Fodor. 4Founders team's international DNA andextensive experience as Founders and CEOs of successful technology companies allows to assist entrepreneurs and maximize their chances of success to build high impact global technology businesses.We are interested in projects with solid teams, which aim to create large international companies, with a market-tested superior product or service, and a clear revenue and profit generation model. Companies are not required to be in break-even.We invest anywhere from €100K in early stage investments, and typically bring co-investors with us to increase that amount. We do follow-ons for up to €4M per company over the lifetime of our investment.

## Joaquín Azpilicueta
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Apps, Fitness, Software

Joaquin Azpilicueta is a chief executive officer of Alpha Innomed.

## Secways
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Artificial Intelligence, E-Commerce

Secways is the family office of Pere Hospital. We are a team of entrepreneurs bringing experience and network to help founders build world-class companies.

## Enrique Sánchez Sumozas
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Sports, FinTech, Fitness

Enrique Sánchez Sumozas a serial entrepreneur and co-founder of startups in sectors such as sports, e-commerce, and fintech.

## Jamie de Graaff
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Sports, FinTech, Fitness

Jamie de Graaff a Dutch real estate investor and developer.

## 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.

## Andreas Mihalovits
- Type: Angel
- Location: Marbella, Andalucia, Spain
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, Apps

Andreas is a German serial entrepreneur and angel investor having invested in more than 150 international startups.Andreas co-founded his first internet company Omniga in 1999 and, after reaching profitability within 2 years, grew it to a venture builder focused on B2C subscription models with more than 200 employees when he stepped back from hisactive roles in 2012.In the same year Andreas started investing in startups and later also got engaged in the Spanish ecosystem as the founder of Marbella Tech Angels, a network of more than 160 investors, founders & mentors living around Marbella. Andreas is also co-founder of the Global Super Angels Club, a platform for angel investors usually investing six-figure euro amounts in startups, supporting its more than 70 members to improve their deal flow and speed up their search for like-minded co-investors.Andreas received several awards incl. the Best European Early Stage Investor 2018 award from the European Business Angel Network (EBAN) and the Best Business Angel 2020 award at the Spanish National Business Angel Conference.

## Seed Capital Bizkaia
- Type: VC Fund
- Location: Bilbao, Pais Vasco, Spain
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Biotechnology, Manufacturing

Seed Capital de Bizkaia is a Regional Council company affiliated to Biscay Regional Council's Department of Economic Development and Innovation (Departamento de InnovaciÃ³n y PromociÃ³n EconÃ³mica de la DiputaciÃ³n Foral de Bizkaia) whose aim is to manage a Venture Capital Fund called “Seed Capital Bizkaia, F.C.R.“.

## 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.

## Alexandre Saiz Verdaguer
- Type: Angel
- Location: Málaga, Andalucia, Spain
- Relevant deals: 1
- Stages: Seed
- Focus: Fitness, Wellness, E-Commerce

Alexandre Saiz Verdaguer is the Founder and CEO at MONEI. He attended Stanford University.

## Austral
- Type: VC Fund
- Location: Seville, Andalucia, Spain
- Relevant deals: 1
- Stages: Seed
- Focus: Renewable Energy, Energy Management

Austral is an investment management firm that specializes in growing high-potential startup companies.

## COREangels
- Type: VC Fund
- Location: Ílhavo, Aveiro, Portugal
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, E-Commerce, Information Technology

Where startups can get much more than money, and Investors can professionally invest as angels.

## Inigo Juantegui
- Type: Angel
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Wellness, Health Care, Travel

Inigo Juantegui is Co-Founder at La Nevera Roja.

## BRAIN VC
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Information Technology, Software, Drones

Investing in leading startups in Artificial Intelligence. We look for capital-efficient Machine Learning applications with the potential to transform value chains in multiple industries

## Clave
- Type: VC Fund
- Location: Pamplona, Navarra, Spain
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Biotechnology, Health Care, Software

Clave is an investment management company.

## Pilar González de Frutos
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Apps, Fitness, Software

Pilar González de Frutos is a president of Unespa.

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

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.
