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Top 50 Manufacturing Startup Investors in Spain (September 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 Seed, Series A or Venture - Series Unknown round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Centre for the Development of Industrial Technology (CDTI)
VC Fund
21 Spain, United States, France Grant, Seed Biotechnology, Health Care, Software $167k–$15M
Inveready
VC Fund
14 Spain, United States, United Kingdom Seed, Series A Software, Biotechnology, Information Technology $400k–$14M
BeAble Capital
VC Fund
14 Spain, Italy Pre-Seed, Seed Biotechnology, Manufacturing, Software $132k–$1.2M
Cofides
VC Fund
13 Spain, Ecuador, Uruguay Debt Financing, Private Equity, Venture - Series Unknown Manufacturing, Construction, Industrial $220k–$692M
Criteria Venture Tech
VC Fund
13 Spain, United States, United Kingdom Seed, Series A Software, Biotechnology, E-Commerce $292k–$21M
SODENA
VC Fund
11 Spain, United Kingdom Debt Financing, Seed, Venture - Series Unknown Health Care, Biotechnology, Manufacturing $37k–$3.5M
ENISA
VC Fund
10 Spain, United States, France Seed, Debt Financing, Pre-Seed Software, Health Care, Artificial Intelligence $67k–$1.6M
Iberdrola
VC Fund
8 Spain, United States, Kenya Series A, Series B, Seed Energy, Manufacturing, Solar $500k–$40M
Bullnet Capital
VC Fund
8 Spain, United States, Mexico Seed, Series A Software, Manufacturing, Information Technology $567k–$11M
ICF Capital
VC Fund
7 Spain, United States, Mexico Debt Financing, Seed Software, Health Care, Artificial Intelligence $110k–$7.6M
Wayra
VC Fund
6 Spain, United Kingdom, United States Seed, Series A Software, Information Technology, SaaS $71k–$16M
EASO Ventures
VC Fund
6 Spain, Switzerland Seed, Venture - Series Unknown, Series A Software, Health Care, Manufacturing $60k–$11M
Clave Capital
VC Fund
6 Spain, Chile, Switzerland Seed, Series A, Venture - Series Unknown Biotechnology, Software, Health Care $462k–$21M
CDTI
VC Fund
5 Spain, United States, Mexico Venture - Series Unknown, Seed Software, Information Technology, Health Care $314k–$5.4M
EISMEA
VC Fund
5 Spain, Italy, United Kingdom Grant, Venture - Series Unknown, Seed Manufacturing, Biotechnology, Software $52k–$2.6M
Faraday Venture Partners
VC Fund
5 Spain, Germany, France Seed, Series A, Venture - Series Unknown Software, E-Commerce, B2B $271k–$7M
Seed Capital Bizkaia
VC Fund
5 Spain, Mexico, Belgium Seed, Venture - Series Unknown Software, Biotechnology, Manufacturing $119k–$18M
Acurio Ventures
VC Fund
4 Spain, United States, United Kingdom Seed, Series A, Series B Software, E-Commerce, Artificial Intelligence $1.2M–$54M
Institut Valencià de Finances
VC Fund
4 Spain, United States Debt Financing, Seed, Series A Manufacturing, Medical, E-Commerce $157k–$5M
Repsol Energy Ventures
VC Fund
4 Spain, United States, Israel Venture - Series Unknown, Seed Software, Energy, Hardware $193k–$11M
Baker Hughes
VC Fund
4 United States, Spain, Canada 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 $100k–$29M
Sociedad Regional de Promocion del Principado de Asturias
VC Fund
4 Spain, Sweden Seed, Debt Financing, Venture - Series Unknown Software, Information Technology, Manufacturing $107k–$1.1M
VICTORIA Venture Capital SCR-Pyme
VC Fund
4 Spain Seed, Venture - Series Unknown CleanTech, Manufacturing, Information Technology $339k–$3M
Angels Capital
VC Fund
4 Spain, United States, Kenya Seed, Angel, Pre-Seed Software, Health Care, SaaS $158k–$2.5M
HealthTech Capital
VC Fund
4 United States, Canada Seed, Series A, Convertible Note Health Care, Medical Device, Medical $1M–$16M
Ricari
VC Fund
4 Spain, United States Seed, Venture - Series Unknown Manufacturing, Music, Internet
Avançsa
VC Fund
4 Spain Debt Financing, Venture - Series Unknown, Seed Software, Manufacturing, Medical Device $541k–$8.4M
101 Startups
VC Fund
3 Spain, United States, Russian Federation Seed, Angel Internet, Mobile, Software $103k–$1.1M
SETT
VC Fund
3 Spain, Colombia, Norway Venture - Series Unknown, Seed Software, Artificial Intelligence, Semiconductor $1.2M–$35M
SEPIDES
VC Fund
3 Spain Venture - Series Unknown, Series B, Debt Financing Machinery Manufacturing, Automotive, Commercial $1.6M–$4.3M
Clave Mayor
VC Fund
3 Spain, Germany, United States Seed, Series A Software, Biotechnology, Medical $258k–$8.9M
Suma Capital
VC Fund
3 Spain, Canada, France Private Equity, Venture - Series Unknown, Series A Software, Energy, Sustainability $153k–$30M
Elewit
VC Fund
3 Spain, France, Denmark Seed, Venture - Series Unknown, Series A Software, Renewable Energy, Telecommunications $1.1M–$12M
Spri
VC Fund
3 Spain, Belgium Seed, Grant Automotive, Manufacturing, Clean Energy $519k–$9.5M
JME Ventures
VC Fund
3 Spain, United States, Germany Seed, Series A Software, Information Technology, SaaS $834k–$18M
TECH TRANSFER AGRIFOOD
VC Fund
3 Spain, Ireland Seed, Venture - Series Unknown Agriculture, Food and Beverage, Manufacturing $797k–$2.7M
GAEA Investment
VC Fund
3 Spain Private Equity Manufacturing, Logistics, Biotechnology $11M–$12M
Basque Fondo
VC Fund
3 Spain Seed, Pre-Seed Artificial Intelligence, Software, Apps $932k–$2.8M
Demium Capital
VC Fund
3 Spain, Portugal, Poland Pre-Seed, Seed, Series A Software, Information Technology, Artificial Intelligence $110k–$3.1M
Ekarpen
VC Fund
3 Spain Venture - Series Unknown, Series A Manufacturing, Retail, Battery $1.2M–$67M
GoHub Ventures
VC Fund
3 Spain, United States, Colombia Seed, Series A, Pre-Seed Software, Artificial Intelligence, Machine Learning $284k–$8.2M
Xesgalicia
VC Fund
3 Spain, Portugal Seed, Venture - Series Unknown Software, Biotechnology, B2B $289k–$5.9M
Faber
VC Fund
3 Portugal, United States, United Kingdom Seed, Pre-Seed, Series A Artificial Intelligence, Software, SaaS $29k–$25M
Axis
VC Fund
3 Spain, Japan Venture - Series Unknown, Seed Hardware, Software, Aerospace $1.1M–$19M
Grow Venture Partners
VC Fund
3 Spain, Sweden Seed, Pre-Seed, Venture - Series Unknown Health Care, Software, Biotechnology $106k–$9.5M
MOIRA CAPITAL DESARROLLO KAPPA, SICC
VC Fund
3 Spain Venture - Series Unknown Energy, Mobile, Software $2.9M–$5.4M
Orza Investments
VC Fund
3 Spain Venture - Series Unknown, Seed Manufacturing, Medical, Biotechnology $1.1M–$19M
Marcos Julian
Angel
2 Spain Seed Manufacturing $2k–$2k
Venture Capital
VC Fund
2 Spain Internet, Software, Training
Access all 382 investors in Spain Manufacturing startups.

Access 48,091 investors

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 · 21 investments in Spain Manufacturing startups, 24 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: 221
  • Round size: Seed $576k–$5.8M; Grant $167k–$15M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • FuVeX — FuVeX is dedicated to the design, manufacture, and commercialization of drones. The vision of the members of FuVeX is to improve the way in which the great institutions and companies are related to the aeronautics. Moreover, the company's mission is to provide such institutions and companies with an aircraft that allows them to solve theirmonitoring or transportation needs by flying long distances in a safe, easy and legal way.
  • Orga AI — Organ AI creates generative artificial intelligence that will help people. Its headquarters is located in Palma De Mallorca, Islas Baleares, Spain.
  • Phoenix Foods — Phoenix Foods uses insect farming to solve the problems of organic waste management and the requirement for high-quality proteins in animal feed.
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Inveready
VC Fund · Barcelona, Catalonia, Spain · 14 investments in Spain Manufacturing startups, 16 in the past 12 months

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: 254
  • Round size: Seed $400k–$5.5M; Series A $1.6M–$14M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $63M in 2024

Portfolio highlights

  • Dolfin — The first agentic sales commission platform. Automate payouts, drive rep motivation, and eliminate the Black Box.
  • Inventia Kinetics — Inventia Kinetics specializes in the design, analysis, and manufacture of equipment and assembly tools for electronics sector.
  • Telum Therapeutics — Telum Therapeutics is a biotechnology company that develops new treatments for infectious diseases based on the use of lytic enzymes from bacteriophages.
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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: 70
  • Round size: Seed $158k–$1.2M; Pre-Seed $132k–$514k
  • Lead/follow: 83% lead, 17% follow
  • Last fund: May invest from a new fund soon — raised $39M in 2016

Portfolio highlights

  • Molecular Gate — Transformative Anti-Counterfeiting Technology. Multifunctional Level 1 Anti-Counterfeit Solutions: See-through Polargram and Reflective Polargram
  • 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 · 13 investments in Spain Manufacturing startups, 26 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, Construction, Industrial
  • Stage:Debt Financing, Private Equity, Venture - Series Unknown
  • Geography: Spain, Ecuador, Uruguay

Investor stats

  • Total investments: 54
  • Round size: Debt Financing $220k–$24M; Private Equity $6.1M–$692M; Venture - Series Unknown $23M–$692M
  • Lead/follow: 93% lead, 7% follow

Portfolio highlights

  • Congalsa — Congalsa specializes in the development of healthy, convenient, and innovative culinary solutions for hospitality professionals.
  • Ecoasfalt — Ecoasfalt is an asphalt construction company that develops, maintains and rehabilitates pavements for roads, airports and other civil works projects. The company manufactures and lays hot and cold bituminous mixtures for public and private infrastructure. Ecoasfalt offers services in soil stabilization and pavement recycling, micro-surfacing,surface treatments and continuous and industrial flooring. It carries out crack sealing and expansion joint works, as well as rehabilitation of airport runways, taxiways and aprons. The company also formulates emulsions, modified bitumens and additives and supplies cold-applied repair asphalt through its ECOPAV product line. Ecoasfalt supports clients across the full pavement lifecycle from design and manufacturing to on-site application and maintenance.
  • Hydnum Steel — Explore Hydnum Steel's vision for a greener future. Learn about our innovative steel solutions that prioritize sustainability and technology.
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Criteria Venture Tech
VC Fund · Barcelona, Catalonia, Spain · 13 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: 165
  • Round size: Seed $292k–$3.8M; Series A $1.9M–$21M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fresh fund, raised $140M in 2026

Portfolio highlights

  • 8Layers — 8Layers is an artificial intelligence platform that offers cloud identity threat detection to organizations
  • Barbara — Barbara is the Cybersecure Industrial Edge Platform that enables companies to connect, deploy and scale gateways and edge applications in a few clicks
  • iPronics — iPronics develops the innovative concepts of general-purpose integrated programmable photonic systems.
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SODENA
VC Fund · Pamplona, Navarra, Spain · 11 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, Venture - Series Unknown
  • Geography: Spain, United Kingdom

Investor stats

  • Total investments: 94
  • Round size: Seed $110k–$1.2M; Debt Financing $37k–$743k; Venture - Series Unknown $109k–$3.5M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • FuVeX — FuVeX is dedicated to the design, manufacture, and commercialization of drones. The vision of the members of FuVeX is to improve the way in which the great institutions and companies are related to the aeronautics. Moreover, the company's mission is to provide such institutions and companies with an aircraft that allows them to solve theirmonitoring or transportation needs by flying long distances in a safe, easy and legal way.
  • HOMVERS — Homvers designs and manufactures automated smart furniture systems that physically move to optimize living space in small apartments. Their motorized products, such as beds and desks, retract into walls or ceilings to allow rooms to serve multiple functional purposes throughout the day.
  • El Caserío de Tafalla — El Caserío de Tafalla is a food production company that processes and supplies a variety of candies.
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ENISA
VC Fund · Madrid, Madrid, Spain · 10 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: 236
  • Round size: Seed $76k–$1.6M; Pre-Seed $165k–$1.2M; Debt Financing $67k–$489k
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Naturr — Nature, which seeks to connect small-scale artisanal food producers from rural areas with urban consumers. Nature platform could serve as an important bridge for promoting local and sustainable food systems, benefiting both rural producers and urban consumers i
  • Biotasmart — Plataforma que convierte datos de la microbiota intestinal en recomendaciones nutricionales personalizadas.
  • DARWIN Biomed — Biomedical Engineering
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Iberdrola
VC Fund · Bilbao, Pais Vasco, Spain · 8 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: 36
  • Round size: Seed $549k–$9.5M; Series A $500k–$13M; Series B $3.8M–$40M
  • Lead/follow: 42% lead, 58% 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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Bullnet Capital
VC Fund · Pozuelo De Alarcón, Madrid, Spain · 8 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, Manufacturing, Information Technology
  • Stage:Seed, Series A
  • Geography: Spain, United States, Mexico

Investor stats

  • Total investments: 68
  • Round size: Seed $1M–$3.2M; Series A $567k–$11M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $87M in 2023

Portfolio highlights

  • FlexiiC — Reinventing the world of electronics with a revolutionary organic and flexible technology that enables a new generation of sensors and logic based on solution deposited functional inks at a low temperature, on low-cost substrates to make organic integrated circuits. Products and services FlexiiC presents design modeling services including Application Specific Integrated Circuits (ASIC) and Process ... Read more
  • Bioherent — Photonic biosensors for drug allergy diagnosis
  • Impetux Optics — Impetux is a worldwide key manufacturer and supplier of turnkey optical tweezers systems designed for mechanobiology studies in living cells and 3D tissues.
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ICF Capital
VC Fund · Barcelona, Catalonia, Spain · 7 investments in Spain Manufacturing startups, 9 in the past 12 months

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Kintai — Kintai's a lending platform aiming to help small and medium companies with their funding needs. Based on a merchant cash advance model, companies can return their loans on a daily basis with low frictionless amounts.
  • Covides — Covides is a prominent Spanish wine cooperative that integrates grape production, vinification, and international commercial distribution for local winegrowers.
  • ATTSU — ATTSU is leader manufacturer of industrial steam boilers, thermal oil boilers and superheated water boilers. Available on a wide variety of fuels.
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Access 48,091 investors

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

Browse database — It's Free!
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: 336
  • Round size: Seed $71k–$3.4M; Series A $2.5M–$16M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2017

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.
  • LetsData — LetsData is an AI-power radar against disinformation. LetsData provides real-time media and social media monitoring in over 50 countries, empowering state agencies, businesses, and civil societies to proactively navigate risks and seize opportunities in the face of disinformation.
  • Quantum Bridge — Quantum Bridge is a pioneer in Distributed Symmetric Key Exchange (DSKE) technology. It offers quantum-safe cybersecurity products and services. Quantum-safe product and services, Quantum-safe roadmap and quantum-safe solutions implementation.
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EASO Ventures
VC Fund · San Sebastian, Pais Vasco, Spain · 6 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, Series A
  • Geography: Spain, Switzerland

Investor stats

  • Total investments: 81
  • Round size: Seed $60k–$3.2M; Series A $1.3M–$11M; Venture - Series Unknown $229k–$4M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $36M in 2021

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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Clave Capital
VC Fund · Pamplona, Navarra, Spain · 6 investments in Spain Manufacturing startups

Clave is an investment management company.

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Investment focus

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

Investor stats

  • Total investments: 51
  • Round size: Seed $462k–$4.7M; Series A $3.2M–$21M; Venture - Series Unknown $541k–$7.1M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $53M in 2023

Portfolio highlights

  • Sensesbit — Sensesbit is a SaaS market research platform focused on sensory intelligence for the food and beverage industry, developed by TasteLab to analyze and predict product market acceptance . The tool integrates advanced statistical analysis, AI for benchmarking, and computer vision tools to manage sensory testing with consumers and trained panels. Learnmore about the platform on the official Sensesbit website.
  • D-Sight — D-Sight is an early treatment for the leading cause of preventable blindness in the working-age population.
  • Telum Therapeutics — Telum Therapeutics is a biotechnology company that develops new treatments for infectious diseases based on the use of lytic enzymes from bacteriophages.
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CDTI
VC Fund · Ventura, California, United States · 5 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:Venture - Series Unknown, Seed
  • Geography: Spain, United States, Mexico

Investor stats

  • Total investments: 37
  • Round size: Seed $314k–$2.8M; Venture - Series Unknown $765k–$5.4M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Medlumics — Medlumics is a medical device start-up born in 2009 from a compromise with improving human living standards by means of technology.
  • 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.
  • Atlas Molecular Pharma — Latest News Your browser does not support the video tag.
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EISMEA
VC Fund · 5 investments in Spain Manufacturing startups

Investment focus

  • Industry: Manufacturing, Biotechnology, Software
  • Stage:Grant, Venture - Series Unknown, Seed
  • Geography: Spain, Italy, United Kingdom

Investor stats

  • Total investments: 2438
  • Round size: Seed $52k–$1.1M; Grant $54k–$2.1M; Venture - Series Unknown $573k–$2.6M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • AGADE — Esoscheletri Agade | Il primo esoscheletro intelligente per lavoratori progettato per ridurre il rischio di disturbi muscolari delle spalle nella movimentazione manuale dei carichi.
  • BroadBit Batteries — BroadBit is a technology company developing revolutionary new batteries using novel sodium-based chemistries to power the future green economy.
  • Aenitis Technologies — We develop innovative devices for cells therapy processing using Acoustic Radiation Forces.
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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, B2B
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Spain, Germany, France

Investor stats

  • Total investments: 90
  • Round size: Seed $271k–$2.2M; Series A $494k–$7M; Venture - Series Unknown $518k–$2.6M
  • 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 specializes in the prescription of video-based physical exercises. The company's movement knowledge is used by health professionals to improve remote monitoring of their patients and to avoid Musculoskeletal Disorders (MSDs) at work.
  • Citring — Citring One, is an innovative juicer with a radically simplified process. Effortless from juicing to cleaning, it is ideal for anyone with a busy lifestyle. Say goodbye to hassle and hello to fresh juice. With Citring One, juicing is as easy as pressing a button.
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Seed Capital Bizkaia
VC Fund · Bilbao, Pais Vasco, Spain · 5 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, Manufacturing
  • Stage:Seed, Venture - Series Unknown
  • Geography: Spain, Mexico, Belgium

Investor stats

  • Total investments: 37
  • Round size: Seed $119k–$2.8M; Venture - Series Unknown $968k–$18M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • NNEAT — NNEAT's CTEM platform maps full attack surface with live threat intelligence. Fix exposures with agentic action. For mid-market companies & MSSPs.
  • Walter Pack — Walter Pack is a manufacturer and seller of parts for the automotive industry.
  • Sherpa.ai — Secure AI. Private Data. Sovereign Intelligence. Sherpa.ai platform enables secure distributed AI deployments across enterprises, governments, and regulat
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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, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Spain, United States, United Kingdom

Investor stats

  • Total investments: 111
  • Round size: Seed $1.2M–$6.2M; Series A $3.3M–$17M; Series B $10M–$54M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely still investing — raised $30M in 2022

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 — One autonomous layer for alert triage, investigation, threat hunting, coverage, and human control.
  • Those Beyond — We're building the future of fandom. A social destination for fans to belong within worlds they love.
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Institut Valencià de Finances
VC Fund · Valencia, Comunidad Valenciana, Spain · 4 investments in Spain Manufacturing startups

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

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Investment focus

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

Investor stats

  • Total investments: 19
  • Round size: Seed $1M–$4.3M; Series A $4.3M–$5M; Debt Financing $157k–$1.5M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • IONLY — IONLY manufactures lithium batteries for solar panel installations.
  • bezeroo — Bezeroo provides software for organizations involved in waste management and Extended Producer Responsibility operations. Its bezeroo SRAP module supports regulatory reporting, adherent management, and collection coordination. bezeroo rutas provides route optimization, mobile collection records, and digital evidence generation. bezeroo carbonocalculates carbon footprints, produces certifiable reports, and tracks emissions. The platform connects operational data, documentation, compliance workflows, logistics, and environmental reporting.
  • Veganic — Veganic develops 100% vegan biological crop inputs powered by MicroGea(r) technology - biostimulants, biofungicides and bioinsecticides for professional agronomists in 9+ countries.
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Repsol Energy Ventures
VC Fund · Madrid, Madrid, Spain · 4 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: Software, Energy, Hardware
  • Stage:Venture - Series Unknown, Seed
  • Geography: Spain, United States, Israel

Investor stats

  • Total investments: 28
  • Round size: Seed $1.6M–$11M; Venture - Series Unknown $193k–$10M
  • Lead/follow: 32% lead, 68% 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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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: United States, Spain, Canada

Investor stats

  • Total investments: 24
  • Round size: Seed $1.1M–$3.1M; Series A $20M–$62M; Corporate Round $13M–$164M
  • Lead/follow: 58% lead, 42% 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: 2372
  • Round size: Seed $158k–$4.5M; Pre-Seed $100k–$587k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • Two — Buy Now, Pay Later for your business customers. Two makes it easy and safe to offer invoice as a payment method on your e-commerce site.
  • Forti Foods — The mission of Forti Foods is to enhance communities and change lives beyond the plate by fostering resilience and dignity via sustainable food innovation.
  • RubiLabs — RubiLabs Inc provides a platform for unifying, monitoring, and analyzing organizational data. RubiLabs software enables analysts and operators across risk, compliance, and security teams to collaborate and interpret large volumes of information in real time. The company’s platform is designed to help institutions make sense of complex, fragmenteddata by transforming it into a coherent operational picture for risk detection, continuous monitoring, and investigative workflows.
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Sociedad Regional de Promocion del Principado de Asturias
VC Fund · Llanera, Asturias, Spain · 4 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, Information Technology, Manufacturing
  • Stage:Seed, Debt Financing, Venture - Series Unknown
  • Geography: Spain, Sweden

Investor stats

  • Total investments: 26
  • Round size: Seed $110k–$1.1M; Debt Financing $107k–$486k; Venture - Series Unknown $237k–$531k
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • VUMI — VUMI is a software company that provides a platform designed to assist financial advisors in making informed decisions. The platform offers access to accurate and comprehensive data, enabling users to gain a unified view of their investments for wealth management. VUMI also offers a range of healthcare plans that provide flexibility andcomprehensive coverage. The company's innovative solutions are designed to fit into every stage of life, offering extensive coverage and unique benefits. VUMI is also part of the VIP Universal Medical Insurance Group, an international health insurance group, and provides health administration services.
  • Entomonorte — Entomonorte is a biotech company that turns agri-food waste into high-value raw materials.
  • Migaya Arte Sano — Migaya is an artisan confectionery and bakery company dedicated to creating handcrafted baked goods, premium pastries, and gourmet confections using high-quality ingredients, blending traditional craftsmanship with innovative flavors to deliver exceptional taste and memorable culinary experiences.
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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, Venture - Series Unknown
  • 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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Angels Capital
VC Fund · Valencia, Comunidad Valenciana, Spain · 4 investments in Spain Manufacturing startups, 6 in the past 12 months

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

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Investment focus

  • Industry: Software, Health Care, SaaS
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Spain, United States, Kenya

Investor stats

  • Total investments: 136
  • Round size: Seed $276k–$2.5M; Angel $158k–$1.5M; Pre-Seed $323k–$994k
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Citring — Citring One, is an innovative juicer with a radically simplified process. Effortless from juicing to cleaning, it is ideal for anyone with a busy lifestyle. Say goodbye to hassle and hello to fresh juice. With Citring One, juicing is as easy as pressing a button.
  • Trak — Trak is a software tool for healthcare professional to provide AI-based tele-rehabilitation services like physiotherapy and others.
  • Cocircular — Cocircular is a Construction Company.
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HealthTech Capital
VC Fund · Los Altos Hills, California, United States · 4 investments in Spain Manufacturing startups

Private angel investors and corporate venture ecosystem investing in healthtech, digital health and other healthcare technologies startups

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Investment focus

  • Industry: Health Care, Medical Device, Medical
  • Stage:Seed, Series A, Convertible Note
  • Geography: United States, Canada

Investor stats

  • Total investments: 99
  • Round size: Seed $1M–$3.4M; Series A $1.7M–$16M; Convertible Note $1.3M–$2.5M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • S2 Genomics — S2 Genomics is developing spatial sequencing technology solutions for processing solid tissues for single-cell applications. It enables automated processing of raw tissues into single cells or nuclei for genomics and cell biology studies. The company's vision is to provide products that process raw tissues into samples ready for genomicanalyses.S2 Genomics was founded in 2016 and is headquartered in Livermore, CA.
  • Journey Live — Journey is shifting the way modern companies prioritize mental health. Our proactive, inclusive tools engage every employee, every day.
  • GT Metabolic Solutions — GT Metabolic Solutions has developed minimally-invasive incisionless bypass technology for bariatric, metabolic and digestive surgery.
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Ricari
VC Fund · Logroño, La Rioja, Spain · 4 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, Venture - Series Unknown
  • Geography: Spain, United States

Investor stats

  • Total investments: 20
  • Lead/follow: 70% lead, 30% 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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Avançsa
VC Fund · 4 investments in Spain Manufacturing startups

Private equity arm of Generalitat de Catalunya .

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Investment focus

  • Industry: Software, Manufacturing, Medical Device
  • Stage:Debt Financing, Venture - Series Unknown, Seed
  • Geography: Spain

Investor stats

  • Total investments: 21
  • Round size: Debt Financing $541k–$2.4M; Venture - Series Unknown $2.1M–$8.4M
  • Lead/follow: 71% lead, 29% 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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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, Software
  • 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.
  • CogniCor — CogniCor is the leading AI-driven Business Support Automation Platform that enables financial advisors and insurance brokers to reclaim time and expand their portfolio. Financial advisors currently have to spend 50% of their time in operational tasks1 such as client onboarding, form filling, policy
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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: 32
  • Round size: Seed $1.2M–$28M; Venture - Series Unknown $1.2M–$35M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Kumori Systems — Kumori Systems (cloud PaaS) provides services to build, run and scale cloud apps. We support developers to create the best SaaS software and service level
  • Sensia-Solutions — Welcome to the future of infrared. We design and manufacture leading AI-powered infrared imaging systems for emissions monitoring and more.
  • Multiverse Computing — World leaders in quantum computing for the financial industry. The first quantum & quantum-inspired toolbox for finance.
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SEPIDES
VC Fund · Madrid, Madrid, Spain · 3 investments in Spain Manufacturing startups

SEPI Desarrollo Empresarial supports private investments by participating in the capital of companies and granting loans that generate wealth and jobs.

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Investment focus

  • Industry: Machinery Manufacturing, Automotive, Commercial
  • Stage:Venture - Series Unknown, Series B, Debt Financing
  • Geography: Spain

Investor stats

  • Total investments: 6
  • Round size: Venture - Series Unknown $1.6M–$4.3M
  • Lead/follow: 83% lead, 17% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Sateliot — Sateliot is the first satellite telecom operator for global continuous IoT connectivity merging satellite and terrestrial networks under 5G protocol
  • Glass Stock — Glass Stock is a company that specializes in the handling, cutting, and transformation of flat glass.
  • VMS Automotive — Temukan link alternatif OLXTOTO terbaru untuk login dan daftar akun dengan proses cepat. Nikmati akses stabil, aman, dan selalu update setiap hari.
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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 $258k–$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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Suma Capital
VC Fund · Barcelona, Catalonia, Spain · 3 investments in Spain Manufacturing startups, 6 in the past 12 months

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, Energy, Sustainability
  • Stage:Private Equity, Venture - Series Unknown, Series A
  • Geography: Spain, Canada, France

Investor stats

  • Total investments: 37
  • Round size: Series A $5.9M–$17M; Venture - Series Unknown $153k–$30M
  • Lead/follow: 68% lead, 32% follow
  • Last fund: May invest from a new fund soon — raised $177M 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.
  • Bohr Energy — Bohr Energy is an artificial intelligence firm that aims to make the energy market accessible to independent producers.
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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, Venture - Series Unknown, Series A
  • Geography: Spain, France, Denmark

Investor stats

  • Total investments: 9
  • Round size: Seed $1.1M–$12M; Venture - Series Unknown $2.7M–$4.6M
  • Lead/follow: 56% lead, 44% follow

Portfolio highlights

  • Oktogrid — Electrification is taking place at a rate, where conventional methods for inspection, maintenance, and congestion management no longer match the new energy scenario. Distribution transformers are ageing blind spots today with no access to online, real-time performance data. This is because getting access to data is hard. We have solved this problem.
  • 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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Spri
VC Fund · Bilbao, Pais Vasco, Spain · 3 investments in Spain Manufacturing startups

SPRI is a basque business development agency.

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Investment focus

  • Industry: Automotive, Manufacturing, Clean Energy
  • Stage:Seed, Grant
  • Geography: Spain, Belgium

Investor stats

  • Total investments: 11
  • Round size: Seed $519k–$9.5M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Neety — Power your outbound sales with AI. Launch hyper-personalized campaigns that generate real responses.
  • Walter Pack — Walter Pack is a manufacturer and seller of parts for the automotive industry.
  • Bioplastics4health — Bioplastics4health is a company specializing in the development of compostable films and packaging solutions for the health and agri-food sectors,
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JME Ventures
VC Fund · Madrid, Madrid, Spain · 3 investments in Spain Manufacturing startups, 12 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: 130
  • Round size: Seed $834k–$6.3M; Series A $3.5M–$18M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $70M in 2019

Portfolio highlights

  • Tolemy Bio — The AI-native virtual cell platform for therapeutic development and manufacture.
  • 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.
  • Balance — Balance is a private digital health company based in Spain that operates in the clinics and outpatient healthcare services sector. company's core mission is to provide an integrated, medical, and sustainable approach to treating obesity and overweight conditions. Moving away from traditional restrictive diets, the company leverages asubscription-based telehealth model combined with clinical pharmacology.
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TECH TRANSFER AGRIFOOD
VC Fund · Valencia, Comunidad Valenciana, Spain · 3 investments in Spain Manufacturing startups

TECH TRANSFER AGRIFOOD is a Venture Capital firm.

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Investment focus

  • Industry: Agriculture, Food and Beverage, Manufacturing
  • Stage:Seed, Venture - Series Unknown
  • Geography: Spain, Ireland

Investor stats

  • Total investments: 10
  • Round size: Seed $797k–$2.7M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Algori — Improving FMCG growth with the fastest and most granular insights from 45,000 shoppers in Spain
  • Cocuus — Cocuus provides the food industry with innovative technology for the manufacture of new high value-added foods.
  • ODOS — Carbon Harvesters is an ag-tech start-up that increases the resilience of rural communities by facilitating cost-effective decarbonisation of the dairy sector.
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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
  • Round size: Private Equity $11M–$12M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Orgoa — Orgoa provides management of surgical prostheses. This platform allows for the optimization of the entire prosthesis and osteosynthesis material purchasing process. Their services include digital transformation, advanced analytics, it integration, robotization, security, and consultancy.
  • 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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Basque Fondo
VC Fund · 3 investments in Spain Manufacturing startups

Basque Fondo is a venture capital investment firm.

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Investment focus

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

Investor stats

  • Total investments: 6
  • Round size: Seed $932k–$2.8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • NNEAT — NNEAT's CTEM platform maps full attack surface with live threat intelligence. Fix exposures with agentic action. For mid-market companies & MSSPs.
  • 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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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, Information Technology, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Spain, Portugal, Poland

Investor stats

  • Total investments: 85
  • Round size: Seed $113k–$3.1M; Pre-Seed $110k–$574k
  • Lead/follow: 61% lead, 39% follow
  • Last fund: May invest from a new fund soon — raised $59M 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 spatial analytics platform for architecture, urban planning and development teams. Site analysis, GIS-free mapping and location intelligence. 400+ cities covered.
  • Orbital Paradigm — Orbital Paradigm builds reusable vehicles that carry cargo to space and bring it back. Dedicated missions, any orbit, on your schedule. Based in Madrid.
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Ekarpen
VC Fund · Bilbao, Pais Vasco, Spain · 3 investments in Spain Manufacturing startups

Ekarpen provides support to innovative sectors with strategic attractiveness.

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Investment focus

  • Industry: Manufacturing, Retail, Battery
  • Stage:Venture - Series Unknown, Series A
  • Geography: Spain

Investor stats

  • Total investments: 9
  • Round size: Venture - Series Unknown $1.2M–$67M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Oncomatryx — Oncomatryx is a biopharmaceutical company focused on the tumor microenvironment.Oncomatryx has developed precision drugs and diagnostic devices that target the tumor stroma.Oncomatryx Antibody-Drug Conjugates (ADCs) and human-derived proteins target peritumoral fibroblasts, endothelial cells and extracellular matrix that promote tumorinvasiveness, drug resistance and immunosuppression.Oncomatryx ADCs bear novel proprietary payloads and linker derivatives that render an optimal therapeutic index against pancreatic cancer in vivo. Oncomatryx OMTX705, an ADC which targets cancer-associated fibroblasts (CAFs), inhibits pancreatic tumor growth in patient-derived xenograft mice, both as single agent and in combination with chemotherapy.
  • Sherpa.ai — Secure AI. Private Data. Sovereign Intelligence. Sherpa.ai platform enables secure distributed AI deployments across enterprises, governments, and regulat
  • Lookiero Outfittery Group — Check out all the roles at LOOKIERO OUTFITTERY GROUP. Get to know the team, see our offices, learn about our values, and discover the benefits of working at LOOKIERO OUTFITTERY GROUP
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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, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Spain, United States, Colombia

Investor stats

  • Total investments: 35
  • Round size: Seed $284k–$4M; Pre-Seed $284k–$284k; Series A $549k–$8.2M
  • Lead/follow: 51% lead, 49% follow

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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Xesgalicia
VC Fund · Santiago De Compostela, Galicia, Spain · 3 investments in Spain Manufacturing startups

XesGalicia is a Galician Venture Capital Management firm. It finances company development through the temporary acquisition of minority shares of the capital of unquoted companies.

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Investment focus

  • Industry: Software, Biotechnology, B2B
  • Stage:Seed, Venture - Series Unknown
  • Geography: Spain, Portugal

Investor stats

  • Total investments: 34
  • Round size: Seed $289k–$5.9M; Venture - Series Unknown $904k–$5.5M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Kreios Space — Kreios Space is developing an electric propulsion system to revolutionize the satellite industry. With this technology we enable orbital keeping in VLEO (Very Low Earth Orbits) thanks to renewable energy. We make space applications easier.
  • VigSec-Drone — VigSec-Drone is a high-performance security and surveillance designed to deliver real-time situational awareness.
  • Iteria Biopharma — PROFESSIONAL TEAM User can utilize his smartphone to pay for a wide range of services or any CONSULTATION User can utilize his smartphone to pay for a wide range of services or any TREATMENT User can utilize his smartphone to pay for a wide range of services or any First-in-class NCEs addressed to modulate challenging
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Faber
VC Fund · Lisbon, Lisboa, Portugal · 3 investments in Spain Manufacturing startups, 6 in the past 12 months

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: 97
  • Round size: Seed $549k–$5.2M; Pre-Seed $29k–$3M; Series A $2.5M–$25M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely actively investing — fresh fund, raised $34M in 2024

Portfolio highlights

  • Porelio — Porelio is an environmental technology that provides purification technologies for water and industrial chemicals.
  • ATMOS Space Cargo — ATMOS Space Cargo develops and manufactures space capsules to return cargo from space, microgravity experiments, Commercial products to entire rocket stages.
  • InSpacePropulsion Technologies — Cost-effective, robust, and quickly available propulsion solutions, based on 10+ years of R&D and 40 years of combined experience in space propulsion.
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Axis
VC Fund · 3 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:Venture - Series Unknown, Seed
  • Geography: Spain, Japan

Investor stats

  • Total investments: 5
  • Round size: Venture - Series Unknown $1.1M–$19M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • SATLANTIS — Scientific space technology for Earth observation and space monitoring, delivering reliable observational data.
  • KDTECH LIMITED — Innovative high-speed optical networking for harsh environments, making multi-gigabit connectivity over #fiberoptics a reality for #automotive #industrial #home
  • Qilimanjaro Quantum Tech — Discover the future of computing with Qilimanjaro's analog quantum solutions, tailored for large enterprises worldwide.
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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, Software, Biotechnology
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Spain, Sweden

Investor stats

  • Total investments: 27
  • Round size: Seed $549k–$9.5M; Pre-Seed $106k–$2.5M; Venture - Series Unknown $218k–$794k
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely actively investing — fresh fund, raised $11M in 2024

Portfolio highlights

  • Tirecat — Tirecat specialized in developing sophisticated tissue regeneration treatments to combat chronic and terminal diseases.
  • X1 Wind — X1 Wind is a disruptive innovative floating wind platform with the potential to make a step change in offshore wind.
  • NSS Water — NSS Water specializes in innovative water purification technology for high-tech sectors such as semiconductors.
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MOIRA CAPITAL DESARROLLO KAPPA, SICC
VC Fund · Madrid, Madrid, Spain · 3 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
  • Stage:Venture - Series Unknown
  • Geography: Spain

Investor stats

  • Total investments: 5
  • Round size: Venture - Series Unknown $2.9M–$5.4M
  • 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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Orza Investments
VC Fund · San Sebastian, Pais Vasco, Spain · 3 investments in Spain Manufacturing startups

ORZA is a direct investment entity, part of the ELKARKIDETZA and GEROA pension funds, which deals with the acquisition of shares in businesses.It supports the Basque business sector through expansion and internationalisation projects, MBO and MBI transactions, to resolve questions of corporate succession and in the substitution of minorityshareholders.

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Investment focus

  • Industry: Manufacturing, Medical, Biotechnology
  • Stage:Venture - Series Unknown, Seed
  • Geography: Spain

Investor stats

  • Total investments: 14
  • Round size: Seed $1.1M–$5M; Venture - Series Unknown $1.2M–$19M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • SATLANTIS — Scientific space technology for Earth observation and space monitoring, delivering reliable observational data.
  • Mikrobiomik — Mikrobiomik is a biopharmaceutical company that provides innovative solutions for chronic diseases.
  • Deneb Medical — Deneb Medical is a start-up dedicated to developing a robotic platform for applications in neurosurgery, CMF surgery, head and neck surgery, urology and general surgery.
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Marcos Julian
Angel · Barcelona, Catalonia, Spain · 2 investments in Spain Manufacturing startups

Marcos Julian - CEO @ Dessire

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Investment focus

  • Industry: Manufacturing
  • Stage:Seed
  • Geography: Spain

Investor stats

  • Total investments: 2
  • Round size: Seed $2k–$2k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Dessire — We design and develop bling products. Mainly we are specialized on making accesories manufactured with High Quality Zirconia Crystals
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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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Manufacturing Investor funding in Spain at a glance

Stats across 551 deals from 382 investors.

382
investors
in Spain Manufacturing startups
551
deals
in Spain Manufacturing startups
$1M
median round
in Spain Manufacturing startups
52%
lead investors
lead at least one round
26%
Grant
most common funding stage
93/7
VC / Angel
share of investor count

Access all 382 investors in Spain Manufacturing startups.

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