# Top 50 Manufacturing Startup Investors in Spain in June 2026

## Centre for the Development of Industrial Technology (CDTI)
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 16
- Stages: Grant, Seed
- Focus: Biotechnology, Health Care, Software

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

## BeAble Capital
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 13
- Stages: Pre-Seed, Seed
- Focus: Biotechnology, Manufacturing, Software

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.

## Criteria Venture Tech
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 9
- Stages: Seed, Series A
- Focus: Software, Biotechnology, E-Commerce

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.

## Inveready
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 8
- Stages: Seed, Series A
- Focus: Software, Biotechnology, Information Technology

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

## SODENA
- Type: VC Fund
- Location: Pamplona, Navarra, Spain
- Relevant deals: 7
- Stages: Debt Financing, Seed
- Focus: Health Care, Biotechnology, Software

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

## Wayra
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 6
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

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

## ENISA
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 6
- Stages: Seed, Debt Financing, Pre-Seed
- Focus: Software, Health Care, Information Technology

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

## Faraday Venture Partners
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 5
- Stages: Seed, Series A
- Focus: Software, E-Commerce, SaaS

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

## Iberdrola
- Type: VC Fund
- Location: Bilbao, Pais Vasco, Spain
- Relevant deals: 5
- Stages: Series A, Series B, Seed
- Focus: Energy, Manufacturing, Solar

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.

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

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

## Clave Capital
- Type: VC Fund
- Location: Pamplona, Navarra, Spain
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Biotechnology, Health Care, Software

Clave is an investment management company.

## Acurio Ventures
- Type: VC Fund
- Location: Bilbao, Pais Vasco, Spain
- Relevant deals: 4
- Stages: Seed, Series A, Series B
- Focus: Software, E-Commerce, Internet

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.

## VICTORIA Venture Capital SCR-Pyme
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 4
- Stages: Seed
- Focus: CleanTech, Manufacturing, Information Technology

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.

## CDTI
- Type: VC Fund
- Location: Ventura, California, United States
- Relevant deals: 4
- Stages: Seed, Debt Financing
- Focus: Software, Information Technology, Health Care

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

## Cofides
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 4
- Stages: Debt Financing, Private Equity, Series C
- Focus: Manufacturing, Energy, Automotive

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

## Angels Capital
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 4
- Stages: Seed, Angel
- Focus: Software, E-Commerce, Health Care

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

## ICF Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 4
- Stages: Debt Financing, Seed
- Focus: Software, Biotechnology, Health Care

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

## Repsol Energy Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Energy, Software, Manufacturing


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

## EASO Ventures
- Type: VC Fund
- Location: San Sebastian, Pais Vasco, Spain
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Health Care, Manufacturing

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

## Demium Capital
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 3
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, FinTech, Health Care

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

## GoHub Ventures
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Internet of Things, Information Technology

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

## Clave Mayor
- Type: VC Fund
- Location: Pamplona, Navarra, Spain
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Biotechnology, Medical

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

## Suma Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 3
- Stages: Private Equity, Seed
- Focus: Software, E-Commerce, Manufacturing

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.

## JME Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

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

## 101 Startups
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 3
- Stages: Seed, Angel
- Focus: Internet, Mobile, News

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.

## Emprendiza
- Type: VC Fund
- Location: Álava, Asturias, Spain
- Relevant deals: 2
- Focus: Health Care, Sports, Internet

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.

## Armatura Capital S.L.
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Textiles, Automotive, Construction

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

## Amadeus Capital Partners
- Type: VC Fund
- Location: Cambridge, Cambridgeshire, United Kingdom
- Relevant deals: 2
- Stages: Series B, Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

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

## Venture Capital
- Type: VC Fund
- Relevant deals: 2
- Focus: Internet, Software, Training

unidentified venture capital

## Sociedad Regional de Promocion del Principado de Asturias
- Type: VC Fund
- Location: Llanera, Asturias, Spain
- Relevant deals: 2
- Stages: Debt Financing, Seed
- Focus: Software, Manufacturing, Big Data

La SRP del Principado de Asturias opera en el mercado del capital riesgo y actúa como organismo de promoción económica desde 1984

## Siemens Financial Services
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- Stages: Debt Financing, Series A
- Focus: Energy, Renewable Energy, Manufacturing

Financing is playing an increasingly important role in facilitating investments in the areas of energy, industry, healthcare and infrastructure and cities technologies.

## Grow Venture Partners
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Health Care, Artificial Intelligence, Software

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

## Stellum Capital
- Type: VC Fund
- Location: Donostia-san Sebastián, Pais Vasco, Spain
- Relevant deals: 2
- Stages: Private Equity, Venture - Series Unknown
- Focus: Manufacturing, Battery, Automotive

Stellum Capital, a private venture capital business, runs two venture capital funds and two private equity funds in Spain's Basque Country.

## Pedro Silva
- Type: Angel
- Location: Amorebieta, Pais Vasco, Spain
- Relevant deals: 2
- Stages: Private Equity
- Focus: Manufacturing, Industrial Manufacturing

Pedro Silva is the CEO and Founder of Begas Motor and he attended UNIR - The University on the Internet in 2011.

## Nexio
- Type: VC Fund
- Location: Nacogdoches, Texas, United States
- Relevant deals: 2
- Stages: Private Equity
- Focus: Manufacturing, Industrial Manufacturing

NEXIO delivers purpose-built propane-powered Class 5-8 commercial vehicles with lower emissions, enhanced safety, and reduced total cost of ownership.

## TECH TRANSFER AGRIFOOD
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 2
- Stages: Seed, Venture - Series Unknown
- Focus: Food and Beverage, Agriculture, Baby

TECH TRANSFER AGRIFOOD is a Venture Capital firm.

## Marcos Julian
- Type: Angel
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed
- Focus: Manufacturing

Marcos Julian - CEO @ Dessire

## Antler
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 2
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

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

## Buenavista Equity Partners
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Private Equity, Seed, Series A
- Focus: Biotechnology, Health Care, Restaurants

GED is an independent Private Equity group operating in the Iberian Peninsula and South-Eastern Europe. The company was incorporated in 1996 and GED’s professional Partners hold a majority stake in the Management Companies of the Group.GED is positioned in the middle market, managing funds in excess of €300M through 4 different Private Equityvehicles and operates in two different private equity sectors; private equity and private equity-real estate.GED Private Equity is looking at buyouts and expansion deals maximizing the portfolio value through a clear buy and build strategy in the core countries: Romania, Bulgaria, Spain and Portugal, backing medium size companies that can become regional market leaders.GED Opportunity targets opportunistic and value added real estate investments in South Eastern Europe.GED has a strong track record in Eastern Europe and the Iberian Peninsula, achieved it during its 19 years activity in the region through offices in Madrid, Seville, Bucharest, Sofia and Oporto.

## EIT Urban Mobility
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Transportation, Information Technology

EIT Urban Mobility is an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union.
Europe’s leading community for impact-driven start-ups and scale-ups in urban mobilityWe want to move cities toward a more sustainable future by partnering up with start-ups and scale-ups like yours. Our Impact Venturesdivision gives you access to funding and support channels to deliver financial, environmental and social impact on the urban landscapes around us. Our tools are: Funding through grants and equity investments, Knowledge and training through partner-led programmes, networking and introductions through dedicated support to our equity portfolio companiesOur investments provide you with a boost on your growth journey, and our network connects you with the right stakeholders in the public policy sector — on a regional, national and European-wide scale — to put your company on the map and bring your urban mobility services to the people who need it the most.If you’re like us and have a drive to shape the cities of our future, join our community of engaged and esteemed impactful ventures by applying for one of the many different programs we offer.

## CDTI Innovación's INNVIERTE program
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Seed, Series B
- Focus: Health Care, Biotechnology, Medical

CDTI Innovación's INNVIERTE program is part of the Spanish Science, Technology, and Innovation Strategy. This Strategy is one of the cornerstones around which the Government's R&D&I strategy for the upcoming years is built. It outlines the goals, changes, and actions that must be implemented across the R&D&I sector inorder to maximize its growth and effect.

## Eatable Adventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Food and Beverage, Food Processing, Agriculture

We identify and support the most innovative European food startups and help them to thrive in the global market

## Elewit
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Seed
- Focus: Energy, Renewable Energy, Predictive Analytics

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.

## Ekarpen
- Type: VC Fund
- Location: Bilbao, Pais Vasco, Spain
- Relevant deals: 2
- Stages: Venture - Series Unknown, Series A
- Focus: Manufacturing, Battery, Biopharma

Ekarpen provides support to innovative sectors with strategic attractiveness.

## Seed Capital Bizkaia
- Type: VC Fund
- Location: Bilbao, Pais Vasco, Spain
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Biotechnology, Health Care

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.“.

## Ricari
- Type: VC Fund
- Location: Logroño, La Rioja, Spain
- Relevant deals: 2
- Stages: Seed, Corporate Round
- Focus: Manufacturing, Music, Internet

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

## ESADE BAN
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, Internet, SaaS

ESADE BAN is a Barcelona-based business angel network that works to advance entrepreneurship and investments in Spain.

## Cellnex Telecom Sau
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Telecommunications, Infrastructure, Cloud Computing

Cellnex Telecom is the telecommunication infrastructures operator of the abertis group.It provides cutting-edge audiovisual services to radio stations at a national, regional and local level.It provides mobile radio-communications to security and emergency bodies, and telecommunication services to other operators.It designs, deploys andoperates WIFI networks for public administrations.In order to provide these services it possesses its own land network of more than 3,200 centres, spread around the whole country, and has also strengthened its position in the satellite communications sector, through its participation in the Hispasat company and as a partner of reference of the Eutelsat company.Cellnex Telecom proposes to continue its strategy of growth in a continually expanding sector, as an international reference and leading player in European technological development.

## TRUMPF Venture
- Type: VC Fund
- Location: Ditzingen, Baden-Wurttemberg, Germany
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Manufacturing, Software, Information Technology

The corporate venture capital arm TRUMPF Venture extends TRUMPF’s comprehensive activities to promote innovation and to detect disruptive technologies and business models early on. TRUMPF is the world technological and market leader for machine tools used in flexible sheet metal processing as well as industrial lasers. TRUMPF Venture investsglobally in early-stage start-ups active in areas complementary or adjacent to the TRUMPF core, such as Advances Photonics and Smart Factory. Funded start-ups benefit from an extensive network, deep domain knowhow, proven skills in scalability as well as support to access the TRUMPF group and its ecosystem. The requirements for a potential investment are a strategic fit, a high innovation leverage and differentiation in business model or technology, an experienced management team and risk adequate financial returns.

## Gestion De Capital Riesgo Del Pais Vasco
- Type: VC Fund
- Location: Bilbao, Pais Vasco, Spain
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Biotechnology, Health Care, Medical

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.