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Top 50 Manufacturing Startup Investors in Spain (July 2026)

The most active venture capital funds and angel investors investing in Spain Manufacturing startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Spain Manufacturing startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Centre for the Development of Industrial Technology (CDTI)
VC Fund
19 Spain, United States, France Grant, Seed Biotechnology, Health Care, Software $157k–$16M
BeAble Capital
VC Fund
14 Spain, Italy Pre-Seed, Seed Biotechnology, Manufacturing, Software $124k–$1.2M
Cofides
VC Fund
11 Spain, Ecuador Debt Financing, Private Equity, Series B Manufacturing, Health Care, Industrial $219k–$105M
SODENA
VC Fund
10 Spain, United Kingdom Debt Financing, Seed Health Care, Biotechnology, Manufacturing $37k–$922k
Inveready
VC Fund
9 Spain, United States, United Kingdom Seed, Series A Software, Biotechnology, Information Technology $400k–$14M
ENISA
VC Fund
9 Spain, United States, France Seed, Debt Financing, Pre-Seed Software, Health Care, Artificial Intelligence $66k–$2.1M
Criteria Venture Tech
VC Fund
9 Spain, United States, United Kingdom Seed, Series A Software, Biotechnology, E-Commerce $256k–$21M
Wayra
VC Fund
6 Spain, United Kingdom, United States Seed, Series A Software, Information Technology, SaaS $145k–$13M
Bullnet Capital
VC Fund
6 Spain, United States, Mexico Seed, Series A Software, Information Technology, Manufacturing $587k–$11M
Faraday Venture Partners
VC Fund
5 Spain, Germany, France Seed, Series A Software, E-Commerce, SaaS $270k–$7M
Clave Capital
VC Fund
5 Spain, Chile, Switzerland Seed, Series A, Venture - Series Unknown Biotechnology, Health Care, Software $462k–$16M
ICF Capital
VC Fund
5 Spain, United States, Mexico Debt Financing, Seed Software, Health Care, Biotechnology $110k–$6.9M
Iberdrola
VC Fund
5 Spain, United States, Kenya Series A, Series B, Seed Energy, Manufacturing, Solar $500k–$35M
Baker Hughes
VC Fund
4 Spain, Canada, United States Corporate Round, Seed, Series A Energy, Renewable Energy, Manufacturing $1.1M–$164M
Antler
VC Fund
4 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $108k–$28M
VICTORIA Venture Capital SCR-Pyme
VC Fund
4 Spain Seed CleanTech, Manufacturing, Information Technology $339k–$3M
EASO Ventures
VC Fund
4 Spain, Switzerland Seed, Venture - Series Unknown Software, Health Care, Manufacturing $54k–$5.3M
Acurio Ventures
VC Fund
4 Spain, United States, United Kingdom Seed, Series A, Series B Software, E-Commerce, Internet $1.2M–$54M
Angels Capital
VC Fund
4 Spain, United States, Ireland Seed, Angel, Pre-Seed Software, E-Commerce, Health Care $104k–$2.5M
CDTI
VC Fund
4 Spain, United States, Mexico Seed, Debt Financing Software, Information Technology, Health Care $274k–$2.6M
Sociedad Regional de Promocion del Principado de Asturias
VC Fund
3 Spain Seed, Debt Financing Software, Manufacturing, Information Technology $107k–$584k
Suma Capital
VC Fund
3 Spain, Canada, Belgium Private Equity, Venture - Series Unknown Software, E-Commerce, Manufacturing $153k–$30M
101 Startups
VC Fund
3 Spain, United States, Russian Federation Seed, Angel Internet, Mobile, News $103k–$1.1M
Faber
VC Fund
3 Portugal, United States, United Kingdom Seed, Pre-Seed, Series A Artificial Intelligence, Software, SaaS $34k–$25M
SETT
VC Fund
3 Spain, Colombia, Norway Venture - Series Unknown, Seed Software, Artificial Intelligence, Semiconductor $750k–$122M
Repsol Energy Ventures
VC Fund
3 Spain, United States, Israel Venture - Series Unknown, Seed Energy, Software, Manufacturing
Clave Mayor
VC Fund
3 Spain, Germany, United States Seed, Series A Software, Biotechnology, Medical $262k–$8.9M
GoHub Ventures
VC Fund
3 Spain, United States, Colombia Seed, Series A Software, Internet of Things, Information Technology $460k–$8.2M
Demium Capital
VC Fund
3 Spain, Portugal, Poland Pre-Seed, Seed, Series A Software, FinTech, Health Care $110k–$3.1M
Avançsa
VC Fund
3 Spain Debt Financing, Series A, Series B Information Technology, Clean Energy, Biotechnology $541k–$1.6M
JME Ventures
VC Fund
3 Spain, United States, Germany Seed, Series A Software, Information Technology, SaaS $768k–$16M
Elewit
VC Fund
3 Spain, France, Denmark Seed, Series A Software, Renewable Energy, Telecommunications $1.1M–$12M
Grow Venture Partners
VC Fund
3 Spain Seed, Pre-Seed, Venture - Series Unknown Health Care, Biotechnology, Artificial Intelligence $106k–$9.5M
GAEA Investment
VC Fund
3 Spain Private Equity Manufacturing, Logistics, Biotechnology
Gestion De Capital Riesgo Del Pais Vasco
VC Fund
2 Spain Seed, Series A Biotechnology, Health Care, Medical $213k–$14M
Emprendiza
VC Fund
2 Spain Health Care, Sports, Internet
MOIRA CAPITAL DESARROLLO KAPPA, SICC
VC Fund
2 Spain Energy, Mobile, Software
Vibacar
VC Fund
2 Spain Internet, Software, Training
Seed Capital Bizkaia
VC Fund
2 Spain, Mexico, Belgium Seed, Series A Software, Biotechnology, Health Care $119k–$14M
Telefonica
VC Fund
2 United Kingdom, United States, Spain Seed, Series A Software, Artificial Intelligence, SaaS $44k–$15M
Alantra
VC Fund
2 Spain, Sweden, France Private Equity, Debt Financing, Series B Energy, Manufacturing, Financial Services $7.7M–$39M
Amadeus Capital Partners
VC Fund
2 United Kingdom, United States, Spain Seed, Series B, Series A Software, Artificial Intelligence, Information Technology $900k–$43M
Venture Capital
VC Fund
2 Spain Internet, Software, Training
Ricari
VC Fund
2 Spain, United States Seed, Corporate Round Manufacturing, Music, Internet
La Bolsa Social
VC Fund
2 Spain Seed, Pre-Seed, Series A Health Care, Beauty, Fashion $307k–$1.2M
Axis
VC Fund
2 Spain, Japan Seed, Venture - Series Unknown Hardware, Software, Aerospace
Basque Fondo
VC Fund
2 Spain Seed, Pre-Seed Software, Artificial Intelligence, Apps $932k–$1.6M
Big Sur Ventures
VC Fund
2 Spain, United States, United Kingdom Seed, Series A E-Commerce, Software, Internet $329k–$14M
Armatura Capital S.L.
VC Fund
2 Spain Seed, Pre-Seed Textiles, Automotive, Construction
JRV Holding
VC Fund
2 Spain, United States Seed, Pre-Seed, Venture - Series Unknown Software, Manufacturing, Brand Marketing
Access all 313 investors in Spain Manufacturing startups.

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

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Investor list

Centre for the Development of Industrial Technology (CDTI)
VC Fund · Madrid, Madrid, Spain · 19 investments in Spain Manufacturing startups, 33 in the past 12 months

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 .

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Grant, Seed
  • Geography: Spain, United States, France

Investor stats

  • Total investments: 198
  • Round size: Seed $562k–$5.9M; Grant $157k–$16M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Xoople — Xoople operates as an earth intelligence company. Xoople powers the next generation of Earth data intelligence to achieve a systematic understanding of physical changes on the Earth’s surface.
  • Orga AI — Organ AI creates generative artificial intelligence that will help people. Its headquarters is located in Palma De Mallorca, Islas Baleares, Spain.
  • Golden Owl
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BeAble Capital
VC Fund · Madrid, Madrid, Spain · 14 investments in Spain Manufacturing startups

BeAble Capital is a Science Equity Fund, therefore it is a pre-seed, seed and early stage venture capital management company specialized in the identification, valuation, launch and development of technologies in the sectors of advanced materials (nanotechnology and biotechnology), photonics, micro and nano electronics and Information andcommunications technologies (ICT) platforms.It acts as the link between scientific, entrepreneurial and investing worlds to promote the transfer of technology, the creation and the development of technology-based companies (start-ups) from private equity. The company is focused on strong intelectual property and long R&D background projects. Their work provide value at different stages of development by offering support in strategic points such as the identification of technologies, valuation, transfer, companies creation, fundraising, marketing, internationalization and administrative and managerial expertise.

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Investment focus

  • Industry: Biotechnology, Manufacturing, Software
  • Stage:Pre-Seed, Seed
  • Geography: Spain, Italy

Investor stats

  • Total investments: 69
  • Round size: Seed $154k–$1.2M; Pre-Seed $124k–$274k
  • Lead/follow: 83% lead, 17% follow
  • Last fund: May invest from a new fund soon — raised $37M in 2016

Portfolio highlights

  • Molecular Gate — Molecular Gate refer to an innovative class of small-molecule drugs developed by Gate Bioscience. These drugs target the secretory translocon (Sec61 channel) in cells to selectively block and degrade harmful extracellular proteins before they can be secreted and cause disease.
  • Bioinspired Materials — Bioinspired Materials is a Biotech-based entrepreneurship project with the participation of the Universitat Pompeu Fabra. The company develops wastewater valorization that produces biological products of high value in the market. BIOM was founded in 2019 and is based in Barcelona, Spain.
  • Ars Magna Semiconductors — Ars Magna Semiconductors develops semiconductor chips designed for decentralized artificial intelligence applications. The company's technology operates with low energy consumption, real-time processing, and enhanced data privacy by reducing the number of operations and hardware requirements. Their chips address the global semiconductorshortage while enabling more efficient AI processing with reduced computational overhead.
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Cofides
VC Fund · Madrid, Madrid, Spain · 11 investments in Spain Manufacturing startups, 22 in the past 12 months

Cofides provides cost-effective, medium and long-term financial support for viable private investment projects.

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Investment focus

  • Industry: Manufacturing, Health Care, Industrial
  • Stage:Debt Financing, Private Equity, Series B
  • Geography: Spain, Ecuador

Investor stats

  • Total investments: 48
  • Round size: Series B $42M–$87M; Debt Financing $219k–$24M; Private Equity $6.1M–$105M
  • Lead/follow: 94% lead, 6% follow

Portfolio highlights

  • Bike Ocasion — Bike Occasion offers certified bicycles, a one-year warranty, and home delivery of bikes. It also provides bicycle repair services. In addition to prioritizing sports and cycling, the firm strives to preserve the environment without compromising on its values.
  • Thermogreen — Thermogreen manufactures and markets extruded polystyrene (XPS) for use in thermal insulation, which helps to sustainable and energy-efficient building while ensuring the well-being and comfort of its occupants.
  • Fersa Bearings S.A. — Fersa Bearings is a Spanish multinational dedicated to the design, development, manufacture and distribution of complete solutions of high quality bearings for the automotive market. It has more than 50 years of experience in the sector and, since 2016, it forms part of the Fersa Group business group together with the Austrian manufacturer ofindustrial bearings, NKE.
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SODENA
VC Fund · Pamplona, Navarra, Spain · 10 investments in Spain Manufacturing 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
  • Geography: Spain, United Kingdom

Investor stats

  • Total investments: 88
  • Round size: Seed $110k–$922k; Debt Financing $37k–$743k
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • DARWIN Biomed — Biomedical Engineering
  • Opportunity Health — Self-Applicable & Life-Saving | Fast, safe, and effective in emergencies | Contact us! | Opportunity Health
  • El Caserío de Tafalla — El Caserío de Tafalla is a food production company that processes and supplies a variety of candies.
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Inveready
VC Fund · Barcelona, Catalonia, Spain · 9 investments in Spain Manufacturing startups

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

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Investment focus

  • Industry: Software, Biotechnology, Information Technology
  • Stage:Seed, Series A
  • Geography: Spain, United States, United Kingdom

Investor stats

  • Total investments: 176
  • Round size: Seed $400k–$5.5M; Series A $1.6M–$14M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Qrem
  • Shapelets — Shapelets optimizes GenAI and data visualization with advanced vector databases and agile tools for data professionals
  • Wagmi Venture Studio — Wagmi VS is creating transformative web3 experiences that democratize opportunity and ownership of the internet.
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ENISA
VC Fund · Madrid, Madrid, Spain · 9 investments in Spain Manufacturing startups

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:Seed, Debt Financing, Pre-Seed
  • Geography: Spain, United States, France

Investor stats

  • Total investments: 219
  • Round size: Seed $76k–$2.1M; Pre-Seed $188k–$1.2M; Debt Financing $66k–$549k
  • 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
  • Biotasmart
  • DARWIN Biomed — Biomedical Engineering
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Criteria Venture Tech
VC Fund · Barcelona, Catalonia, Spain · 9 investments in Spain Manufacturing startups

Criteria Venture Tech is the tech VC fund of CriteriaCaixa which invests in B2B SaaS and DeepTech companies in early and growth stages (Seed to Series B) managing more than €300M of AUM.

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Investment focus

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

Investor stats

  • Total investments: 151
  • Round size: Seed $256k–$3.8M; Series A $1.9M–$21M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Barbara — Barbara is the Cybersecure Industrial Edge Platform that enables companies to connect, deploy and scale gateways and edge applications in a few clicks
  • Minoryx Therapeutics — Minoryx is focused on the discovery and development of novel treatments for severe, orphan diseases of the central nervous system with high unmet medical need.
  • iPronics — iPronics develops the innovative concepts of general-purpose integrated programmable photonic systems.
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Wayra
VC Fund · Madrid, Madrid, Spain · 6 investments in Spain Manufacturing startups

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.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Spain, United Kingdom, United States

Investor stats

  • Total investments: 246
  • Round size: Seed $145k–$3.5M; Series A $2.7M–$13M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • 1DOC3 — 1doc3 is a e-health platform that connects 490 million of Spanish speaking people with licensed and trusted doctors. Users find personalized answers to their health related questions. Doctors build their online reputation, find new patients and create the biggest health related questions and answers curated database in Spanish. The Platform isavailable via web, App, SMS and USSD, allowing the entire population to have access to a Doctor no matter where they are, or even if they don't have internet access.
  • Unmanned Life — Unmanned Life is the leading software platform for seamless orchestration of autonomous robotics. It is changing the way autonomous robotics is being deployed by large corporations thanks to its autonomy-as-a-service orchestration platform powered by AI and 5G. Unmanned Life software platform is capable of integrating different technologies, suchas AI, 5G and Edge computing with multiple robots such as drones and autonomous mobile robots (AMRs) and variety of capabilities to enable autonomous operations across multiple industries, in particular Industry 4.0 and Smart Cities.
  • YBVR — YBVR provides high-quality video VR streaming experiences: Immersive, interactive, and enriched, Live, and VoD.
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Bullnet Capital
VC Fund · Pozuelo De Alarcón, Madrid, Spain · 6 investments in Spain Manufacturing startups

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

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Seed, Series A
  • Geography: Spain, United States, Mexico

Investor stats

  • Total investments: 64
  • Round size: Seed $1M–$3.3M; Series A $587k–$11M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $47M in 2023

Portfolio highlights

  • FlexiiC — FlexiiC is a deep-tech firm developing printed, flexible integrated circuits for sustainable IoT and smart packaging solutions.
  • Bioherent — Photonic biosensors for drug allergy diagnosis
  • Impetux Optics — IMPETUX develops and markets patented technology to characterise the mechanical properties of living tissues and cells. We are focusing the application of our technology in fields like Mechanobiology where the study of diseases directly related with cell migration or development are demanding new techniques. We offer cutting-edge non-invasive to...
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Faraday Venture Partners
VC Fund · Madrid, Madrid, Spain · 5 investments in Spain Manufacturing startups, 6 in the past 12 months

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.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Seed, Series A
  • Geography: Spain, Germany, France

Investor stats

  • Total investments: 89
  • Round size: Seed $270k–$2.2M; Series A $494k–$7M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Dripl — Transformeer jouw kantoor met Dripl: de gezonde drankdispenser voor een duurzame, verpakkingsvrije en gezonde werkomgeving. Geef jouw team de boost die ze verdienen.
  • Axomove — Axomove is an e-health app that specializes in video physical exercises.
  • Citring — Citring is a smart juicer to make orange juice automatically.
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Access 48,091 investors

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

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Clave Capital
VC Fund · Pamplona, Navarra, Spain · 5 investments in Spain Manufacturing startups

Clave is an investment management company.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Spain, Chile, Switzerland

Investor stats

  • Total investments: 42
  • Round size: Seed $462k–$5.5M; Series A $3.2M–$16M; Venture - Series Unknown $541k–$7.1M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $53M in 2023

Portfolio highlights

  • D-Sight — D-Sight is an early treatment for the leading cause of preventable blindness in the working-age population.
  • Pharmacelera — Improving pharmaceutical R+D productivity through a lean drug discovery process based on advanced computational methodologies.
  • BQC Redox Technologies — Assay kits and devices for rapid and easy quantification of REDOX parameters or biomarkers
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ICF Capital
VC Fund · Barcelona, Catalonia, Spain · 5 investments in Spain Manufacturing startups

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, Biotechnology
  • Stage:Debt Financing, Seed
  • Geography: Spain, United States, Mexico

Investor stats

  • Total investments: 110
  • Round size: Seed $1.1M–$6.9M; Debt Financing $110k–$549k
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Salicru — Salicru offers energy optimization and protection of technological equipment that causes incidences in the electrical supply.
  • BRICKBRO — Currently, Brickbro is one of the leading real estate transactional platforms in the spanish market.
  • ATTSU — ATTSU is a machinery manufacturing company that offers steam boilers and thermal oil boilers for industrial purposes.
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Iberdrola
VC Fund · Bilbao, Pais Vasco, Spain · 5 investments in Spain Manufacturing startups

Iberdrola together with its subsidiaries engages in the production, switching, and distribution of electricity and gas worldwide. It generates electricity primarily through nuclear, fossil-fuel, and hydroelectric power. The company also engages in the retail of electricity under the tariff systems. In addition, IBERDROLA generates electricity fromrenewable energy sources, as well as engages in gas storage, and electricity and gas supply activities. Iberdrola is committed to the energy transition and has developed a sustainable business model based on renewable energy, smart grids, large-scale energy storage, and digital transformation to provide customers with advanced products and services.

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Investment focus

  • Industry: Energy, Manufacturing, Solar
  • Stage:Series A, Series B, Seed
  • Geography: Spain, United States, Kenya

Investor stats

  • Total investments: 34
  • Round size: Seed $543k–$9.9M; Series A $500k–$13M; Series B $3.8M–$35M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Nido — Heating & cooling accounts for nearly half of all energy consumption and 40% of energy-related carbon dioxide emissions. In the EU 65M+ boilers are over their useful life and 95% of them use fossil fuels and these need urgent change.At Nido, we are streamlining heat pump installation in the residential sector, enabling users to transition toclean heating & cooling faster with affordable pricing. We also support installers get the best out of their time by removing time consuming tasks and allowing them to focus on their preferred task - home installations!
  • Barbara — Barbara is the Cybersecure Industrial Edge Platform that enables companies to connect, deploy and scale gateways and edge applications in a few clicks
  • TRIBBU — Hoop Carpool is a SaaS Carpooling Platform for Companies, Universities and Citi-halls
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Baker Hughes
VC Fund · Houston, Texas, United States · 4 investments in Spain Manufacturing startups

Baker Hughes is an energy technology company that provides solutions for energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner, and more efficient for people and the planet.

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Investment focus

  • Industry: Energy, Renewable Energy, Manufacturing
  • Stage:Corporate Round, Seed, Series A
  • Geography: Spain, Canada, United States

Investor stats

  • Total investments: 22
  • Round size: Seed $1.1M–$3.5M; Series A $20M–$58M; Corporate Round $16M–$164M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Silbat — Creating a disruptive energy storage technology that stores electricity in molten silicon and withdraws it using thermophotovoltaic cells.
  • Hydrostor — Hydrostor, a global leader in long-duration energy storage, pioneers technology to scale carbon reduction with a dedicated professional team.
  • Baseload Capital — Baseload Capital leads partnerships to scale up geothermal energy: a 24/7 available source of clean power and heat.
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Antler
VC Fund · Singapore, Central Region, Singapore · 4 investments in Spain Manufacturing startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 1821
  • Round size: Seed $186k–$4.6M; Pre-Seed $108k–$755k; Series A $4.6M–$28M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fresh fund, raised $72M in 2024

Portfolio highlights

  • Deja — Modern Rituals & Natural Products from the Ancient Science of Ayurveda
  • Enoki Inc — Multiplayer-enabled tools for developers. Enoki has 18 repositories available. Follow their code on GitHub.
  • Homethings — Single-use plastic is bonkers. Homethings makes cleaning products that make sense. No more shipping water in plastic bottles. We send non toxic cleaning tabs so that you can refill over and over again using your tap.
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VICTORIA Venture Capital SCR-Pyme
VC Fund · Barcelona, Catalonia, Spain · 4 investments in Spain Manufacturing startups

VICTORIA Venture Capital invests in spin-offs, providing equity from private investors and business advice. The company invests in the capital of spin-offs, which are new companies with cutting-edge technologies that emerge from Research Centers and Universities. The main sectors are cleantech and new advanced materials for Industry. VICTORIAprovides business advice, financial and corporate support to the founders of spin-offs, adding value to boost growth of these companies.

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Investment focus

  • Industry: CleanTech, Manufacturing, Information Technology
  • Stage:Seed
  • Geography: Spain

Investor stats

  • Total investments: 5
  • Round size: Seed $339k–$3M
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Hydrokemós — HYDROKEMÓS is a highly innovative SME specifically incorporated to improve and commercialize a novel electro-denitrification technology applied to water treatment. This technology removes nitrate from water but does not generate brines or other waste.
  • BCN3D — BCN3D Technologies is one of the leading manufacturers of desktop 3D printers worldwide. BCN3D offers support and high-quality materials for your 3D printers projects.
  • Ledmotive — ML138 ialah website yang menyediakan 138 game online mobile paling menguntungkan pasti menang dengan pola bocoran admin hari ini.
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EASO Ventures
VC Fund · San Sebastian, Pais Vasco, Spain · 4 investments in Spain Manufacturing startups, 7 in the past 12 months

Easo Ventures es una Sociedad de Capital Riesgo Vasca y Privada, cuyo objetivo es invertir en Startups y PYMES con proyectos de crecimiento.

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Investment focus

  • Industry: Software, Health Care, Manufacturing
  • Stage:Seed, Venture - Series Unknown
  • Geography: Spain, Switzerland

Investor stats

  • Total investments: 76
  • Round size: Seed $266k–$3.2M; Venture - Series Unknown $54k–$5.3M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Energiot — Energiot specialized engineering service in energy harvesting, self-powered devices, wireless sensor networks.
  • DYNAMICS VR — Dynamics VR provides rehab software for clinics to tackle musculoskeletal pain and movement impairments caused by brain trauma.
  • DARWIN Biomed — Biomedical Engineering
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Acurio Ventures
VC Fund · Bilbao, Pais Vasco, Spain · 4 investments in Spain Manufacturing 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, Internet
  • Stage:Seed, Series A, Series B
  • Geography: Spain, United States, United Kingdom

Investor stats

  • Total investments: 111
  • Round size: Seed $1.2M–$6.8M; Series A $3.3M–$17M; Series B $10M–$54M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • UniteLabs — UniteLabs provides the foundational operating system for AI-driven lab automation in life science. It accelerates scientific discovery by closing the loop with a unified data and automation infrastructure, seamless integration, and intelligent control. Our platform empowers ambitious biotech companies, big pharma, integrators, and hardware vendorsby offering bidirectional connectors for diverse lab equipment, a scalable cloud platform with an open API, and a powerful workflow engine with an integrated compute environment. This allows for the creation of sophisticated, modular workflows, and enables rapid automation development through our Lab-as-Code environment, featuring a dynamic Python SDK and application-specific libraries.
  • TandemTrace — TandemTrace deploys autonomous AI agents that hunt, detect, and respond to cyber threats in real time.
  • Those Beyond — Those Beyond develops a social gaming platform that supports interactive fan experiences within fictional universes. The platform uses its proprietary Arise Engine to enable browser-based adventures, role-playing, and puzzle-solving activities involving mass community participation. Projects include collaborations with entertainment franchises suchas "The Walking Dead," allowing fans to engage with story-driven challenges and community events. The platform includes customizable social spaces designed to reflect the themes and aesthetics of the associated intellectual properties.
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Angels Capital
VC Fund · Valencia, Comunidad Valenciana, Spain · 4 investments in Spain Manufacturing startups, 8 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, E-Commerce, Health Care
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Spain, United States, Ireland

Investor stats

  • Total investments: 127
  • Round size: Seed $212k–$2.5M; Angel $104k–$1.6M; Pre-Seed $323k–$994k
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Citring — Citring is a smart juicer to make orange juice automatically.
  • Trak — Trak is a software tool for healthcare professional to provide AI-based tele-rehabilitation services like physiotherapy and others.
  • Biotasmart
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CDTI
VC Fund · Ventura, California, United States · 4 investments in Spain Manufacturing startups

Developing combustion engine catalyst and coating technology to reduce emissions and improve fuel efficiency for clean energy production.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Debt Financing
  • Geography: Spain, United States, Mexico

Investor stats

  • Total investments: 34
  • Round size: Seed $285k–$2.6M; Debt Financing $274k–$472k
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • PLD Space — PLD Space is a spanish innovative start-up company is to provide low cost and high reliability access to space. PLD Space offers suborbital and orbital launch services to its clients.
  • SummuS Render — SummuS is a render farm, who offers 3D rendering and massive computing capabilites as a service. Companies demanding massive calculations for short periods of time can hire either the infraestructure or they can pay a price per Ghz per hour. This service allows them to avoid huge costs in hardware, personnel and system maintenance.
  • Atlas Molecular Pharma — Latest News Your browser does not support the video tag.
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Sociedad Regional de Promocion del Principado de Asturias
VC Fund · Llanera, Asturias, Spain · 3 investments in Spain Manufacturing startups

The Regional Promotion Society of the Principality of Asturias, S.A. (SRP) is a company whose majority of shares are held by the Government of the Principality of Asturias, which has acted as a body for economic promotion since 1984, and operates in the venture capital market.Our activity consists in driving forward the development of investmentprojects undertaken by Asturian companies (either newly created or already established), or companies that are going to set up in the region, by means of two financial instruments: participating in the share capital of companies, or by conceding loans, preferably subordinated loans.

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Investment focus

  • Industry: Software, Manufacturing, Information Technology
  • Stage:Seed, Debt Financing
  • Geography: Spain

Investor stats

  • Total investments: 14
  • Round size: Seed $110k–$552k; Debt Financing $107k–$584k
  • Lead/follow: 79% lead, 21% follow

Portfolio highlights

  • Go2Chain — Go2Chain develops and markets IT solutions based on enabling technologies such as blockchain and machine learning.
  • H2Vector — H2Vector develops and designs energy management systems and refueling stations that are tailored to the demands of the end customer.
  • Haux — Haux industrialized modular construction system enables the production of unique residential buildings and technical solutions in a short time and at an affordable cost. Haux offer's modular buildings for various sectors including housing, office, industrial, catering, hotel, healthcare, and education.
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Suma Capital
VC Fund · Barcelona, Catalonia, Spain · 3 investments in Spain Manufacturing startups

Suma Capital is an independant investment manager. We join forces with business owners in order to achieve their goals. We bring knowledge and rigour to all the projects we participate in. We know that, by joining forces, we can overcome even greater challenges.

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Investment focus

  • Industry: Software, E-Commerce, Manufacturing
  • Stage:Private Equity, Venture - Series Unknown
  • Geography: Spain, Canada, Belgium

Investor stats

  • Total investments: 36
  • Round size: Venture - Series Unknown $153k–$30M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: May invest from a new fund soon — raised $176M in 2019

Portfolio highlights

  • ECOcero — ECOcero has developed a specialized approach to acoustic solutions for offices, universities, airports, and other corporate and institutional environments, combining design, functionality, and innovative materials.
  • OPTIMITIVE — Optimitive offers an Artificial Intelligence technology solution that optimizes the efficiency and sustainability the industrial processes.
  • NPAW — The global leader in streaming video analytics solutions. Improve your Quality of Experience with video intelligence software by NPAW.
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101 Startups
VC Fund · Barcelona, Catalonia, Spain · 3 investments in Spain Manufacturing startups

101Startups is an investment firm based in Spain that specializes in early-stage startup companies. The company is an investment fund which aims to invest in early stage digital and new technology companies.

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Investment focus

  • Industry: Internet, Mobile, News
  • Stage:Seed, Angel
  • Geography: Spain, United States, Russian Federation

Investor stats

  • Total investments: 18
  • Round size: Seed $103k–$1.1M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • CL3VER — Award winning Barcelona startup, CL3VER is a cloud based platform that allows engineers, architects, and other design professionals to create interactive 3D presentations to engage clients and prospects throughout the complete sales and marketing cycle. CL3VER presentations offer an engaging way to explore design projects or products from anyangle and evaluate design alternatives. CL3VER presentations require no 3rd plugins to work on any device, thereby providing a ubiquitous experience for their customers in viral campaigns, online marketing, POS and Product configuration/personalization. In essence their technology is a WebGL and HTML5 based 3D engine. Interactive presentations created with CL3VER work in all browsers so the content can be shared via a link through emails, social media or they can be embedded on a website via iFrame. By importing 3D models from most common modeling software, CL3VER allow real-time 3D rendering in the cloud. The scene can be edited using highly realistic materials and by changing environment, lighting and cameras to create realistic scenes. Using the CL3VER API the scene become more interactive allowing the inclusion of animated annotations so the CL3VER scene itself contains all the useful information for the target user.
  • Quantion — Quantion is a Digital Innovation Factory: Quantion promote and accelerate innovation projects and digital transformation of organizations. To achieve this, our value proposition is based on accompanying our clients from start to finish: - Quantion offer innovative and relevant strategies to turn our clients' great ideas into reality. -Quantion are the bridge between the most innovative startups and traditional companies so they can collaborate together and achieve success. - Quantion develop innovative and cutting-edge solutions to efficiently align business and technology. - Quantion are specialized in new and emerging technologies, as well as in agile development, to respond to the needs of organizations in a digital world.
  • 500Markets — Add more credibility to your site - get a premium domain today. Straight-forward shopping experience.
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Faber
VC Fund · Lisbon, Lisboa, Portugal · 3 investments in Spain Manufacturing startups

Faber is a Lisbon-based venture capital firm investing in outstanding entrepreneurs who innovate at the intersection of science and technology to drive digital transformation and climate action. The firm combines a specialist focus on deep tech early-stage startups with dedicated funds, investment teams and expert advisors to actively helpfounders build global companies powered by AI/Data, Web3 or Ocean/Climate technologies.Faber’s unique approach in Southern Europe is led by an entrepreneurial management partnership and backed by notable thesis-driven institutions and private investors. Investing since 2013, the firm has been an early investor in hard tech companies such as Unbabel, SWORD Health, Codacy, iLoF or YData.

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Investment focus

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

Investor stats

  • Total investments: 91
  • Round size: Seed $549k–$5.2M; Pre-Seed $34k–$3.8M; Series A $2.5M–$25M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Vyoma GmbH — Vyoma ensures satellite safety and real-time mapping of space objects with cameras on satellites paired with automation services.
  • Apres — Apres is a distributed learning engine built to enable high-performance, user-friendly AI for the world.
  • ATMOS Space Cargo — ATMOS Space Cargo develops and manufactures space capsules to return cargo from space, microgravity experiments, Commercial products to entire rocket stages.
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SETT
VC Fund · Madrid, Distrito Especial, Colombia · 3 investments in Spain Manufacturing startups

SETT takes the lead in the public sector in establishing the framework that will position Spain as a leader in investing in disruptive digital technologies. SETT is an actor that creates investment opportunities and a public lever for business opportunities in cutting-edge and revolutionary technologies because of its function as a managemententity for particular investments through capitalizations and loans.

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Investment focus

  • Industry: Software, Artificial Intelligence, Semiconductor
  • Stage:Venture - Series Unknown, Seed
  • Geography: Spain, Colombia, Norway

Investor stats

  • Total investments: 26
  • Round size: Seed $1.2M–$28M; Venture - Series Unknown $750k–$122M
  • Lead/follow: 77% lead, 23% follow

Portfolio highlights

  • Openchip — Openchip designs RISC-V-based SoCs and AI accelerators for HPC, AI, ML, and deep learning applications.
  • Substrate AI — Substrate AI offers artificial intelligence technology for fintech, agriculture, energy, human resource, and student training fields.
  • Sensia-Solutions — Welcome to the future of infrared. We design and manufacture leading AI-powered infrared imaging systems for emissions monitoring and more.
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Repsol Energy Ventures
VC Fund · Madrid, Madrid, Spain · 3 investments in Spain Manufacturing startups

Repsol Energy Ventures is the venture capital arm of integrated global energy company Repsol.

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Investment focus

  • Industry: Energy, Software, Manufacturing
  • Stage:Venture - Series Unknown, Seed
  • Geography: Spain, United States, Israel

Investor stats

  • Total investments: 27
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Sybol — Sybol enables companies to securely and seamlessly connect and exchange verifiable information faster.
  • Qilimanjaro Quantum Tech — Discover the future of computing with Qilimanjaro's analog quantum solutions, tailored for large enterprises worldwide.
  • Darwin Bioprospecting Excellence — We speak the language of microorganisms. We also speak yours. We use the best of nature to improve your industrial processes and products.
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Clave Mayor
VC Fund · Pamplona, Navarra, Spain · 3 investments in Spain Manufacturing startups

Clave Mayor is a management company of closed investment entities based in Navarra.

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Investment focus

  • Industry: Software, Biotechnology, Medical
  • Stage:Seed, Series A
  • Geography: Spain, Germany, United States

Investor stats

  • Total investments: 33
  • Round size: Seed $262k–$5.5M; Series A $2.2M–$8.9M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • MOA — MOA make healthy food for a sustainable world that solves growing global food demands. They are establishing a new industry of sustainable food that solves growing global food demands without the need for arable land. They are focused on designing high-value, natural and nutritious food.
  • Ojer Pharma — Ojer Pharma engages in the research, development, production, and marketing of dermopharmaceutical products in Spain. It develops prescription medicines, cosmetics, and medical devices. The company has developed a vehiculization technology in the form of bioadhesive transparent gels, which acts as a sustained-release matrix of dermatologicalactives, such as lipophilics and hydrophilics.
  • Semi Zabala — Welcome to Semi Zabala, a pioneering semiconductor company dedicated to innovation and excellence. Our mission is to push boundaries and enhance technology, embodying our slogan: beyond the power. Explore our advanced solutions designed for a smarter, more connected future.
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GoHub Ventures
VC Fund · Barcelona, Catalonia, Spain · 3 investments in Spain Manufacturing startups

Ayudamos a startups deep tech a convertirse en grandes participantesen el sector del agua, industria 4.0 y smart cities.

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Investment focus

  • Industry: Software, Internet of Things, Information Technology
  • Stage:Seed, Series A
  • Geography: Spain, United States, Colombia

Investor stats

  • Total investments: 35
  • Round size: Seed $460k–$4M; Series A $549k–$8.2M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — raised $70M in 2022

Portfolio highlights

  • Nymiz — Harmonizing knowledge management through our data anonymization software for compliance with legal laws.
  • indigitall — indigitall: The only AI-Powered Customer Engagement Platform that connects all of your outbound and inbound digital channels in one solution.
  • Agrow Analytics — It is a platform to monitor in real time and in the future the water available in the terrains and its effect on the crops.
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Demium Capital
VC Fund · Valencia, Comunidad Valenciana, Spain · 3 investments in Spain Manufacturing startups

Demium is a talent investment company founded in Spain in 2013 with the aim of supporting the best professionals and helping them to carry out successful projects, always with an eminently digital and technological component. In November 2020, it's asset management company, Demium Capital, started operating with a first €50M fund to invest inmore than 75 early-stage startups per year (pre-seed/seed), becoming the most active venture capital fund in Spain. Startups such as Hannun, Voicemod, Swipcar, Citibox, Singularu or Landbot, among others have been created in the incubator. The company is present in five countries: Spain, Portugal, Poland, Ukraine and Czech Republic

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Investment focus

  • Industry: Software, FinTech, Health Care
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Spain, Portugal, Poland

Investor stats

  • Total investments: 84
  • Round size: Seed $110k–$3.1M; Pre-Seed $110k–$574k
  • Lead/follow: 61% lead, 39% follow
  • Last fund: May invest from a new fund soon — raised $52M in 2020

Portfolio highlights

  • Rauda AI — Rauda is an artificial intelligence platform specialized in automating customer service with the best customer experience. Take a quantum leap in productivity, reduce costs and improve customer satisfaction with the power of generative artificial intelligence.
  • Aino — AI-powered site analysis for real estate professionals. Generate feasibility studies with quantified metrics, maps, cost estimates, and zoning insights in minutes, no GIS or coding required.
  • Orbital Paradigm
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Avançsa
VC Fund · 3 investments in Spain Manufacturing startups

Private equity arm of Generalitat de Catalunya .

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Investment focus

  • Industry: Information Technology, Clean Energy, Biotechnology
  • Stage:Debt Financing, Series A, Series B
  • Geography: Spain

Investor stats

  • Total investments: 13
  • Round size: Debt Financing $541k–$1.6M
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • Floox — Floox llega para diseñar, desarrollar y fabricar puntos de carga rápida en corriente continua para vehículos eléctricos. Somos un equipo de más 120 personas trabajando para revolucionar la movilidad eléctrica y así crear un mundo más efectivo, fácil y sostenible.
  • INGALSA — INGALSA specializing in hot-dip galvanizing of steel parts and fasteners.
  • NEOS Surgery — NEOS Surgery engages in the research, design, development, and commercialization of medical devices in the field of neuro, spine and other surgical fields.
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JME Ventures
VC Fund · Madrid, Madrid, Spain · 3 investments in Spain Manufacturing startups, 15 in the past 12 months

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

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Spain, United States, Germany

Investor stats

  • Total investments: 126
  • Round size: Seed $768k–$6.3M; Series A $1.6M–$16M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $70M in 2019

Portfolio highlights

  • TietAI — TietAI builds healthcare data interoperability infrastructure for hospitals, research networks and life sciences. The platform, Hydra, is split into two products. Hydra Connects is non-medical-device middleware for clinical data exchange across HL7v2, FHIR, DICOM, OMOP, X12 and CDA. Hydra Agentic is a high-risk AI system under the EU AI Act,designed for clinical agentic workflows.
  • Tolemy Bio — Tolemy Bio develops AI-driven tools to design, optimize, and control cell culture processes for advanced therapies. The company focuses on precision-engineered, custom cell culture media for cell and gene therapies and biologics. Its platforms use artificial intelligence and machine learning to map how nutrients and signals influence cells. TolemyBio supports cell therapy innovators with data-driven media design and process control. Its solutions aim to improve critical quality attributes and manufacturability for advanced therapeutic products.
  • Charms — Charms AI is an on‑chain mobile application focused on AI characters with persistent memory and user‑facing economies. The platform allows creators to build AI characters that can maintain long‑term conversational context and have their own wallets and tokenized assets, while users interact with, back, and trade around those characters. It sits atthe intersection of AI‑driven interaction, gaming‑style engagement, and blockchain‑based tokenization, with the overall design geared toward converting user attention and interaction into on‑chain economic flows.
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Elewit
VC Fund · Madrid, Madrid, Spain · 3 investments in Spain Manufacturing startups

Elewit is a technological platform that promotes innovation in the areas of energy transition and connectivity. It develops the analytical, prescriptive, and cognitive capabilities of the business. Elewit collaborates on the commercialization of SAGA.

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Investment focus

  • Industry: Software, Renewable Energy, Telecommunications
  • Stage:Seed, Series A
  • Geography: Spain, France, Denmark

Investor stats

  • Total investments: 8
  • Round size: Seed $1.1M–$12M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Zeleros — Leaders in the development of hyperloop technologies, we are your new electrification & automation partner in the mobility sector.
  • Stellar — At Stellar we bring perfect internet on the move to vehicles and passengers, leveraging the combined strength of cellular, wi-fi, and satellite networks, through AI and fully integrated solutions. We offer SaaS, data plans, and all-inclusive options for enterprise connectivity needs on the move.
  • unusuals — We are unusuals. We are AI. We are automatic detection. Take control of your infrastructure and start saving by unlocking visual data potential.
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Grow Venture Partners
VC Fund · Barcelona, Catalonia, Spain · 3 investments in Spain Manufacturing startups

Venture Capital for Entrepreneurs with seasoned experts and advisors to succed in creating value in a meaningful way. Coaching and Mentoring Ideas People

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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: 25
  • Round size: Seed $549k–$9.5M; Pre-Seed $106k–$2.5M; Venture - Series Unknown $218k–$794k
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Tirecat — Tirecat specialized in developing sophisticated tissue regeneration treatments to combat chronic and terminal diseases.
  • NSS Water
  • The Blue Box Biomedical Solutions — Pain-free, low-cost, sensitive, radiation-free device to detect breast cancer in urine
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GAEA Investment
VC Fund · Madrid, Madrid, Spain · 3 investments in Spain Manufacturing startups

GAEA Investment is an investment company that focuses on small and medium-sized unlisted companies in the Iberian Peninsula.

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Investment focus

  • Industry: Manufacturing, Logistics, Biotechnology
  • Stage:Private Equity
  • Geography: Spain

Investor stats

  • Total investments: 4
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Orgoa
  • Argomaniz — Argomaniz is a Manufacturer of components intended for the rest sector. It manufactures articulated elements and hinges, such as clamps, fasteners, lifting systems, wheels, stoppers, and junction plates for mattresses, bases, and beds.
  • 53Biologics — More than 98% of proteins in its hands have improved their production and/or recovery yields. Contact us to explore how can we help you
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Gestion De Capital Riesgo Del Pais Vasco
VC Fund · Bilbao, Pais Vasco, Spain · 2 investments in Spain Manufacturing startups

Gestión de Capital Riesgo del País Vasco SGECR, S.A. is a venture capital entity management company founded in 1985 by the Basque Government as part of the Sociedad para la Promoción y Reconversión Industrial (SPRI), with the aim of promoting and developing venture capital activity in the Basque Country.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Seed, Series A
  • Geography: Spain

Investor stats

  • Total investments: 22
  • Round size: Seed $213k–$878k; Series A $329k–$14M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — last raise in 2014

Portfolio highlights

  • Irisbond — Irisbond creates a new way for humans to communicate through precision eye-tracking technology. Irisbond’s advanced software algorithms interpret your eye gaze in order to provide natural, intuitive and hands-free access to information and control over a screen. Developed for use in mobile devices, automotive, smart homes, robotics, scientific,healthcare and manufacturing, eye tracking technology lets you learn, play, work and communicate with your eyes. A pioneer in the assistive technology market, Irisbond’s eye tracking solutions are based on years of R&D in cooperation with Vicomtech, a leader in the field of artificial vision. For more information about the power of the eyes, go to www.irisbond.com/en
  • InspectRail — InspectRail was established to offer high-quality information on the state of railway infrastructure, thereby enhancing its operation, management, and maintenance.
  • Inmedical Therapeutics — Innovative medical devices designed to meet real clinical needs, combining science, know-how and therapeutic research.
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Emprendiza
VC Fund · Álava, Asturias, Spain · 2 investments in Spain Manufacturing startups

Emprendiza is an investment company that offers people and their projects with smart capital: finance, knowledge, experience, and contacts. In addition to funding, the company engages in strategic decisions of companies it works with.Emprendiza helps entrepreneurs build business strategies in business management and finance; define brandpositioning and product range; develop market plans and communication; and implement launch tailored to the needs of customers and consumers. The company invests in seded stage and early stage startups.Emprendiza is based in Vitoria-Gasteiz, Álava, Spain.

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Investment focus

  • Industry: Health Care, Sports, Internet
  • Geography: Spain

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GymForLess — GymForLess develops and operates an online platform that helps its users find gyms and fitness centers in their surroundings. The platform has a presence in three different countries and offers its users the flexibility of access to different centers being a member of all of them at the same time. They have an extensive network of centers or gymsthat have collaborated with Gymforless offering its facilities and services for user access and enjoyment. They make available one-day access so that the client only pays when he trains. But, without a doubt, its flagship product is G4L Club, which proposes a flat rate of gyms with unlimited access to a network of more than 1,500 centers of all kinds and 35,000 monthly classes.The company is based in Barcelona, Spain. GymForLess offers a suscription with unlimited access to get in more than 1000 Gyms.
  • Ludus Global — LUDUS is a 30-employees company based in Bilbao, Madrid and with 4 commercial delegations in 2 additional countries. We are a technology-driven company dedicated exclusively to the development of Virtual Reality (VR) solutions for the emergency and industry sectors. We are specialized in the virtualization of multinationals’ critical protocols withhigh stress levels, achieving the best quality standards in Europe and Latam markets. We have developed more than 100 customized VR projects for more than 30 industry and emergency SMEs and large companies such as Volkswagen, Naturgy, UBE, Ford, BP, ThyssenKrupp or BASF.
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MOIRA CAPITAL DESARROLLO KAPPA, SICC
VC Fund · Madrid, Madrid, Spain · 2 investments in Spain Manufacturing startups

MOIRA CAPITAL DESARROLLO KAPPA, SICC invests in innovative capital firms.

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Investment focus

  • Industry: Energy, Mobile, Software
  • Geography: Spain

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Voovio — Voovio's Simulation Software enables the process industry to avoid errors during SOP execution, reducing downtime & increasing safety in operations & maintenance.
  • Cella Medical Solutions — Cella Medical Solutions allows surgeons to analyze and simulate complex surgery using the latest technologies, dramatically improving results.
  • Greene Waste to Energy SL — Greene Waste to Energy SL develops innovative gasification technology for energy recovery of biomass and organic waste. The company is dedicated to the design, manufacture, installation and commissioning of biomass and waste gasification plants and generation of renewable energy (electricity and heat).
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Vibacar
VC Fund · 2 investments in Spain Manufacturing startups

Vibacar is a company specialized in advanced and comprehensive services in the field of logistics and maintenance.

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Investment focus

  • Industry: Internet, Software, Training
  • Geography: Spain

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ludus Global — LUDUS is a 30-employees company based in Bilbao, Madrid and with 4 commercial delegations in 2 additional countries. We are a technology-driven company dedicated exclusively to the development of Virtual Reality (VR) solutions for the emergency and industry sectors. We are specialized in the virtualization of multinationals’ critical protocols withhigh stress levels, achieving the best quality standards in Europe and Latam markets. We have developed more than 100 customized VR projects for more than 30 industry and emergency SMEs and large companies such as Volkswagen, Naturgy, UBE, Ford, BP, ThyssenKrupp or BASF.
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Seed Capital Bizkaia
VC Fund · Bilbao, Pais Vasco, Spain · 2 investments in Spain Manufacturing startups

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

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Investment focus

  • Industry: Software, Biotechnology, Health Care
  • Stage:Seed, Series A
  • Geography: Spain, Mexico, Belgium

Investor stats

  • Total investments: 34
  • Round size: Seed $119k–$2.9M; Series A $2.7M–$14M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • NNEAT — NNEAT operationalizes Continuous Threat Exposure Management (CTEM) and powers MITRE ATT&CK®-aligned Threat-Informed Defense (TID).
  • Emica Solar — Emica Solar is a company which develops the floating solar energy.
  • Revenant Industrial & Ports Machinery — Revenant returning to the revolution in internal logistics, container manipulators, and the remanufacturing of large tonelaje carretillas.
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Telefonica
VC Fund · Madrid, Madrid, Spain · 2 investments in Spain Manufacturing startups

Telefónica is a leading multinational telecommunications company headquartered in Madrid, Spain, and one of the largest service operators globally by market capitalization and number of customers. The company provides a comprehensive range of services, including fixed and mobile telephony, high-speed broadband, and pay television.Operatingprimarily across Europe and Latin America, Telefónica manages its portfolio through globally recognized premium brands such as Movistar (in Spain and Latin America), O2 (in the UK and Germany), and Vivo (in Brazil).At the core of its strategy, Telefónica is driving a profound digital transformation centered on providing excellent connectivity through the continuous development of next-generation networks, including extensive fiber optic (FTTH) and 5G deployments.Beyond connectivity, the company has a strong focus on new digital services. Through its Telefónica Tech division, it offers a powerful suite of integrated solutions for B2B clients in high-growth areas, including Cybersecurity, Cloud, IoT, and Big Data.Telefónica is also at the forefront of open innovation through Wayra, its corporate venture capital (CVC) arm. Wayra invests in and scales disruptive technology startups across the globe, integrating them into Telefónica's ecosystem to foster innovation and develop new business opportunities.As a publicly-traded company, Telefónica is committed to generating sustainable value for its stakeholders and empowering digital inclusion with a mission to "make our world more human by connecting people's lives."

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Investment focus

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

Investor stats

  • Total investments: 40
  • Round size: Seed $44k–$3.3M; Series A $2.7M–$15M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Openlayer — Native integrations with OpenAI, Anthropic, CoPilot, OTel, Snowflake, and more. Continuous CI/CD validation, production monitoring, security guardrails, and automated compliance aligned to EU AI Act and NIST.
  • Nearby Computing — NearbyComputing commercializes NearbyOne, an Edge IT fabrics orchestration platform that seamlessly manages the lifecycle of infrastructure, the VNFs and the applications, controlling their deployment and associated resources. NearbyOne addresses all these orchestration issues in a holistic and intertwined way. Applications and VNFs provided bythird party ISVs are onboarded to create a rich ecosystem of pre-integrated services, that get deployed in one-click. Service assurance and KPI monitoring are natively integrated into the platform to automatically control service SLAs. Infratructure, Network, Apps and KPIs are managed from a single pane of glass, and smart placement and configuration policies dynamically adjust service levels.
  • Unmanned Life — Unmanned Life is the leading software platform for seamless orchestration of autonomous robotics. It is changing the way autonomous robotics is being deployed by large corporations thanks to its autonomy-as-a-service orchestration platform powered by AI and 5G. Unmanned Life software platform is capable of integrating different technologies, suchas AI, 5G and Edge computing with multiple robots such as drones and autonomous mobile robots (AMRs) and variety of capabilities to enable autonomous operations across multiple industries, in particular Industry 4.0 and Smart Cities.
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Alantra
VC Fund · Madrid, Madrid, Spain · 2 investments in Spain Manufacturing 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, Financial Services
  • Stage:Private Equity, Debt Financing, Series B
  • Geography: Spain, Sweden, France

Investor stats

  • Total investments: 34
  • Round size: Series B $16M–$31M; Debt Financing $7.7M–$39M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — raised $94M in 2021

Portfolio highlights

  • GridBeyond — Endeco's Energy ManagementSystem (EMS) provides wirelessenergy management and controlsystems for retail, commercial andindustrial users. Applications includebuilding control, refrigeration control,demand management, priceresponse, energy efficiency, anddemand response. Our automatedwireless systems seamlesslyintegrate intoyour existingoperations and/or BuildingManagement System (BMS) withoutany training of retail staff required.
  • Eturnity AG — Die Eturnity Software automatisiert den und erleichtert den Beratungs- und Verkaufsprozess im Bereich der Erneuerbaren Energiesysteme.
  • Meteomatics — Meteomatics is a company that specializes in the specific IT needs of the weather, energy and trading industries. With more than 10 years of experience in the development of market leading forecasting systems and the rapid processing of weather data, they are happy to assist you with tailor-made solutions.
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Amadeus Capital Partners
VC Fund · Cambridge, Cambridgeshire, United Kingdom · 2 investments in Spain Manufacturing startups

Amadeus Capital Partners, Venture Capital For Technology Companies. We Back Entreprenuers To Win. Contact Our Experienced Team Of Investors Today

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series B, Series A
  • Geography: United Kingdom, United States, Spain

Investor stats

  • Total investments: 237
  • Round size: Seed $900k–$9.2M; Series A $2.6M–$30M; Series B $6.8M–$43M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $88M in 2023

Portfolio highlights

  • Tenzo — Tenzo is a restaurant analytics and AI forecasting platform for restaurants, pubs and cafes. Tenzo makes running restaurants easy with full data visibility.
  • Slamcore — Positioning, mapping and perception | State-of-the-art visual SLAM turns sensor data into actionable, spatial understanding for your vehicles.
  • Unifyr — IDC MarketScape Leader 2025. AI-native PRM platform for partner onboarding, enablement, deal registration, and through-channel marketing.
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Venture Capital
VC Fund · 2 investments in Spain Manufacturing startups

unidentified venture capital

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Investment focus

  • Industry: Internet, Software, Training
  • Geography: Spain

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ludus Global — LUDUS is a 30-employees company based in Bilbao, Madrid and with 4 commercial delegations in 2 additional countries. We are a technology-driven company dedicated exclusively to the development of Virtual Reality (VR) solutions for the emergency and industry sectors. We are specialized in the virtualization of multinationals’ critical protocols withhigh stress levels, achieving the best quality standards in Europe and Latam markets. We have developed more than 100 customized VR projects for more than 30 industry and emergency SMEs and large companies such as Volkswagen, Naturgy, UBE, Ford, BP, ThyssenKrupp or BASF.
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Ricari
VC Fund · Logroño, La Rioja, Spain · 2 investments in Spain Manufacturing startups

Ricari, Desarrollo de Inversiones Riojanas S.A., is an independent investment company founded in 1.990 with the purpose of develops and improves the industrial and economical activity in the Rioja Region, and support new business initiatives. They were the pioneer doing this kind of activity in their Autonomous Community.Currently they manageabove 5 million Euros, ready for new investment. The funds are managed by their team from their office in Logroño. They welcome other institutions who want to invest with us.Their aim is to work closely as a partner, not only granting financial aid but also strategic and management assistance but without interfering with the day today running of the business. Ricari gives support to companies constructive approach though constant dialogue with the management team and the share holders.They are temporary investors. Ricari remains a shareholder of each company between three and six years.They have the same shareholders from the origin. Their investors are prestige and solvent institutions of the Rioja Region: * Agencia de Desarrollo Económico de La Rioja * Caja de Ahorros de La Rioja * Ibercaja * Iberdrola * Cámara de Oficial de Comercio e Industria de la Rioja * Federación de Empresarios de La Rioja * Unipapel * Corporación Empresarial ONCE

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Investment focus

  • Industry: Manufacturing, Music, Internet
  • Stage:Seed, Corporate Round
  • Geography: Spain, United States

Investor stats

  • Total investments: 17
  • Lead/follow: 76% lead, 24% follow

Portfolio highlights

  • Norpoo — Norpoo Electronics is a suppliers for manufacturing companies.
  • Socilen — Socilen is collective funding platform that connects families or SMEs that need financing with investors willing to finance, opening an alternative route to traditional financing. Socilen was founded on 2014 and is headquartered in Madrid, Spain.
  • Adamo Robot — Adamo Robot was born as joint venture between two leading companies in their sectors, Inspiralia Advanced Technologies expert in research consulting, business development and innovation, and Ordóñez Clinic, a multidisciplinary medical center specialized in pathologies of the skeletal muscle system and peripheral nervous system.The collaborativerobot (100% sure) of ADAMO is an automaton that performs a pressure with compressed air of between 4 and 8 bars of pressure which produces the desired effects on the patient's back.The ADAMO robotic treatment concept is based on a physiotherapy method widely used by physiotherapists that involves applying continuous pressure on MTP (myofascial trigger points). These points must be defined by a health professional (Physician or physiotherapist) and thus determine the existence of the pathology that can be treated with ADAMOThe company dedicates their work to the development and use of technologies that help improve the quality of life of people.
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La Bolsa Social
VC Fund · Madrid, Madrid, Spain · 2 investments in Spain Manufacturing 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 — Orygen finds sustainable and profitable solutions for unused lands Orygen through AI. We've created a Marketplace that connects landowners who are looking for a purpose for their land to businesses that are looking for lands to develop their projects (CO2, timber, renewable energy industry…) B
  • Abora Energy — Abora Energy is engaged in the design, development, and manufacture of hybrid solar panels.
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Axis
VC Fund · 2 investments in Spain Manufacturing startups

Axis is a venture capital manager providing enterprises with capital and quasi-capital instruments to finance their business needs.

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Investment focus

  • Industry: Hardware, Software, Aerospace
  • Stage:Seed, Venture - Series Unknown
  • Geography: Spain, Japan

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • SATLANTIS — Scientific space technology for Earth observation and space monitoring, delivering reliable observational data.
  • KDTECH LIMITED — KD Tech develops fabless semiconductor solutions focused on multi-gigabit optical networking and integrated optoelectronic transceiver devices. The company designs CMOS-based application specific standard products that combine mixed-signal electronics, photonics, and optics into single integrated circuits. Its technology uses communications signaltheory and digital signal processing to provide high-speed data transmission over plastic and glass optical fiber. KD Tech supplies automotive-grade optical transceivers that address electromagnetic interference at the source, helping reduce cabling weight and shielding in vehicle networks. These devices support autonomous driving sensors, safety-related camera systems, and in-vehicle infotainment networks. The company also offers evaluation and development hardware that supports project integration, hardware testing, and deployment of optical gigabit network transceivers. Beyond automotive uses, KD Tech applies its optical connectivity and transceiver technology to consumer electronics, home networking, and industrial machine-to-machine applications.
  • Qilimanjaro Quantum Tech — Discover the future of computing with Qilimanjaro's analog quantum solutions, tailored for large enterprises worldwide.
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Basque Fondo
VC Fund · 2 investments in Spain Manufacturing startups

Basque Fondo is a venture capital investment firm.

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Investment focus

  • Industry: Software, Artificial Intelligence, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Spain

Investor stats

  • Total investments: 5
  • Round size: Seed $932k–$1.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • NNEAT — NNEAT operationalizes Continuous Threat Exposure Management (CTEM) and powers MITRE ATT&CK®-aligned Threat-Informed Defense (TID).
  • Trak — Trak is a software tool for healthcare professional to provide AI-based tele-rehabilitation services like physiotherapy and others.
  • Veltium Smart Chargers — Veltium engages in the research, manufacturing, and marketing of electric vehicle recharging infrastructure that is simple to install and made available to the general public. Switching to electric mobility should not necessitate a change in the electricity contract or an increase in the electricity bill. They have mechanisms in place to helpclients get the most out of the contracted power and to ensure that the car recharges efficiently and intelligently. Their allows to control who can use their charger, plan the recharges to save money on the electricity bill, and check your history, among other things. With the rearm device, customers can assure that the charging installation complies with all technical rules and prevent the trouble of having to walk down to reset the counter and charger.
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Big Sur Ventures
VC Fund · Madrid, Madrid, Spain · 2 investments in Spain Manufacturing startups, 6 in the past 12 months

BSV invests early, commits personally and team up with exceptional founders to help build extraordinary companies. What we do: Seed Phase, Technology Based & Investments.

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Investment focus

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

Investor stats

  • Total investments: 80
  • Round size: Seed $329k–$4M; Series A $3.1M–$14M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • LuxQuanta — Quantum Key Distribution or Quantum Cryptography provides long-term and future-proof data protection.
  • Tolemy Bio — Tolemy Bio develops AI-driven tools to design, optimize, and control cell culture processes for advanced therapies. The company focuses on precision-engineered, custom cell culture media for cell and gene therapies and biologics. Its platforms use artificial intelligence and machine learning to map how nutrients and signals influence cells. TolemyBio supports cell therapy innovators with data-driven media design and process control. Its solutions aim to improve critical quality attributes and manufacturability for advanced therapeutic products.
  • Axiomatic AI — Axiomatic AI is a startup that focuses on building verifiable artificial intelligence for complex science.
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Armatura Capital S.L.
VC Fund · Madrid, Madrid, Spain · 2 investments in Spain Manufacturing startups

Armatura Capital S.L. is an independent finance boutique company that specializes and provides services in the field of finance.

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Investment focus

  • Industry: Textiles, Automotive, Construction
  • Stage:Seed, Pre-Seed
  • Geography: Spain

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • XAIN TECH — XAIN TECH is a technology startup company focused on distributed manufacturing. It measures and certifies the CO2 emissions of any item.
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JRV Holding
VC Fund · 2 investments in Spain Manufacturing startups

JRV Holdings is an independent venture capital firm that focuses on long-term investments in early and growth stage firms.

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Investment focus

  • Industry: Software, Manufacturing, Brand Marketing
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Spain, United States

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Limy AI — The infrastructure to own the market in AI search.
  • Pack2Earth — Pack2Earth, S.L. is a company that specializes in developing new, sustainable materials for the food sector and other industries.
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Manufacturing Investor funding in Spain at a glance

Stats across 358 deals from 313 investors.

313
investors
in Spain Manufacturing startups
358
deals
in Spain Manufacturing startups
$1.6M
median round
in Spain Manufacturing startups
52%
lead investors
lead at least one round
21%
Seed
most common funding stage
92/8
VC / Angel
share of investor count

Access all 313 investors in Spain Manufacturing startups.

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