# Top 50 Medical Device Startup Investors in Spain in June 2026

## Centre for the Development of Industrial Technology (CDTI)
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 8
- 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 .

## Criteria Venture Tech
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 6
- 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.

## 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.

## BStartup
- Type: VC Fund
- Location: Sant Cugat Del Vallès, Catalonia, Spain
- Relevant deals: 5
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Artificial Intelligence

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

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

## BeAble Capital
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 5
- 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.

## Asabys Partners
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 5
- Stages: Series A, Series B, Seed
- Focus: Health Care, Biotechnology, Medical Device

Asabys Partners is a venture capital firm that invests across the board in human healthcare. The company is active in the health-tech and biopharma industries and aims to invest in Spain and abroad in innovative and transformative technologies. Asabys Partners are motivated by the idea of pushing the boundaries of science and medicine. This is donethrough the sourcing and financing of the most disruptive technologies, and through the collaboration with the best internal and external talents of our industry.

## 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

## 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.

## CRB Inverbío
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 4
- Stages: Series A, Seed
- Focus: Medical, Health Care, Biotechnology

CRB Inverbio is a private venture capital management firm specialized in life sciences investing in innovative early stage start- ups in biotech, med tech, digital health and medical technologies

## Grow Venture Partners
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 3
- 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

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

Clave is an investment management company.

## 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.

## Alta Life Sciences
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Biotechnology, Health Care, Medical Device

Alta Life Sciences is a leading multistage venture capital investment firm. Alta LS will invest in companies at all stages of development: from seed financing through commercial growth. Alta LS invests in all areas of life sciences including biotechnology, medical devices, diagnostics, genomics and digital health.

## Innogest Capital
- Type: VC Fund
- Location: Milan, Lombardia, Italy
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Health Care, Medical, Medical Device

We are investors in companies that make the difference. We partner with hard-working entrepreneurial visionaries

## Nara Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed
- Focus: Life Science, Biotechnology, Medical

As asset managers, we invest on behalf of third parties. Our fear of losing their money is greater than the fear of losing an opportunity.
Our investment style consists of value orientation, specialization and trust, applying our investment criteria in a disciplined way.
We invest to transform the companies into industry leaders. With a hands-onapproach, Nara invests in assets enhancing its value with a long-term view.
We are a highly experienced team with the patience and tenacity required to see deals through, committing our own money.
We create value in a sustainable way, investing in a responsible way to generate a positive impact on the community.
We analyze each investment in detail in order to create shared value for our investors, partners, customers, suppliers and workers.

## Capital Cell
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Equity Crowdfunding, Seed
- Focus: Health Care, Biotechnology, Medical

Capital Cell is a crowdinvesting platform for biotech and life sciences companies. Mixing VC, business angels, accredited investors, and the power of the crowd, the company is building a global meeting point for companies and researchers working, fostering, and financing tomorrow’s medical science.

## Banco Sabadell
- Type: VC Fund
- Location: Alicante, Comunidad Valenciana, Spain
- Relevant deals: 2
- Stages: Seed, Debt Financing
- Focus: Software, E-Commerce, Health Care

Banco Sabadell is a banking group that specializes in serving small and medium enterprises. It comprises of several banks, brands, subsidiaries, and associated banks.

The company was founded in 1881 and is headquartered in Alicante, Spain.

## CG Health Ventures
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Series A, Seed, Convertible Note
- Focus: Health Care, Medical, mHealth

CG Health Ventures is a venture capital firm that seeks to invest in the health IT, digital health and genomics domain.

## ENDRA
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Series A, Convertible Note
- Focus: Wellness, Wearables, Health Care

ENDRA is an investment firm.

## Orza Investments
- Type: VC Fund
- Location: San Sebastian, Pais Vasco, Spain
- Relevant deals: 2
- Stages: Seed
- Focus: Drones, Robotics, Security

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.

## CDTI
- Type: VC Fund
- Location: Ventura, California, United States
- Relevant deals: 2
- 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.

## Juan Knuth
- Type: Angel
- Location: Sant Cugat Del Vallès, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Health Care, Biotechnology, Digital Media

Juan Knuth

## SODENA
- Type: VC Fund
- Location: Pamplona, Navarra, Spain
- Relevant deals: 2
- 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.

## GENESIS Ventures
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed
- Focus: Health Care, Medical Device, Medical

GENESIS Ventures is an investment vehicle located in Barcelona and built up in partnership with family offices. The new fund is sized in 610.000 € and will invest in recently created Start-ups or entrepreneurial projects with a clear aim to develop innovative products through the creation of a Start-up company in the biomedical and biotechnologicalfield (therapeutics, diagnostics, medical devices and others). The investment platform is envisaged as a very early-stage tool to help the development of excellent scientific projects to reach key value milestones to attract a first round of investment from venture or corporate funds.

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

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

## Ancora Finance Group
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Series A
- Focus: Medical, Medical Device, Health Care

Ancora Finance Group is an international management consulting firm that offers unparalleled leadership, strategic, and operational advice. Their focus on financial services is deeply rooted in the DNA of their company as it comes from their people. They are based in London and Singapore, providing unparalleled leadership, strategic andoperational solutions for the financial services industry. Their experience, expertise, and approach combine consulting and knowledge transfer.

## EASO Ventures
- Type: VC Fund
- Location: San Sebastian, Pais Vasco, Spain
- Relevant deals: 2
- 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.

## Wellington Partners
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Health Care, Biotechnology, Medical

Wellington Partners is a venture capital firm that invests in technology and life sciences companies, focusing on Digital Media, Software, Electronics & Photonics, Resource Efficiency, and Biotech/Life Sciences. It is committed to providing outstanding entrepreneurs with the necessary resources to fund their strategies. We typically leadfinancing rounds ranging from € 0.5 million to € 20 million. Depending on the maturity of the company, its own commitment can go as high as € 15 million.Wellington was established in 1998 and has offices in Munich, London, and Zurich.

## Unconventional Ventures
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Health Care, Software, Wellness

Unconventional Ventures invests in startups in the pre-seed and seed stage led by diverse founders identifying as women, people of color, immigrants and/or LGBTQ+, building scalable impact tech companies in the Nordics and beyond.

## 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.

## Banc Sabadell and the Institut Català de Finances (ICF)
- Type: VC Fund
- Relevant deals: 2
- Stages: Pre-Seed, Series A, Debt Financing
- Focus: Wellness, Health Care, Medical Device

Banc Sabadell and the Institut Català de Finances (ICF)

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

CDTI

## Ysios Capital
- Type: VC Fund
- Location: San Sebastian, Pais Vasco, Spain
- Relevant deals: 2
- Stages: Series A, Series B, Series C
- Focus: Biotechnology, Health Care, Medical

Leading #lifesciences #venturecapital firm financing highly #innovative #biotechnology companies #worlwide.

## WA4STEAM
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Health Care, Biotechnology, Artificial Intelligence

WA4STEAM is an all women angels investment group delivering worldwide access to seed capital for women entrepreneurs led startups in STEAM Science, Technology, Engineering , Architecture & Architecture and Mathematics

## AA Sons
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, E-Commerce, Health Care

Bengkulutoto hadir sebagai solusi ideal bagi para pencinta angka jitu. Dengan predikat sebagai bandar togel online terlengkap, situs ini menawarkan keunggulan berupa proses deposit super cepat, serta sistem bermain yang adil dan transparan.

## Fundacion Botin
- Type: VC Fund
- Location: Santander, Cantabria, Spain
- Relevant deals: 1
- Stages: Seed
- Focus: Biopharma, Therapeutics, Biotechnology

The Botín Foundation is a private charitable foundation that explores new development to generate creative talent betting forms.

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

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

## Advanced MedTech Holdings (AMTH)
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Series A
- Focus: Biotechnology, Wearables, Health Care

Advanced MedTech Holdings (AMTH) is an investment firm.

## Murcia Emprende
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Biometrics, Medical Device, Product Research


Financing initiatives of entrepreneurs and growing companies.

## Gerald Heydenreich
- Type: Angel
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Retail, Content, Women's

Gerald has been an entrepreneur since 1999. At the age of 25 he founded PORTUM AG, the first European provider of b2b reverse online auctions and sourcing events with a trading volume of more than €10 billion which was sold to IBX / Cap Gemini in 2006.
He then co-founded BuyVIP, an eCommerce shopping community and sold it to Amazon in 2010with more than 8 million members, 320 employees and a turnover of more than 140 million USD. In 2012, he founded Pippa&Jean, a social selling community that has helped more than 5,000 women to become self-employed and paid more than €10 million in commissions before being sold in 2018.
In 2019, he founded youtiful, the world's first climate-neutral beauty involvement brand and cang.eco a subscription service for healthy and sustainable FMCG products which eventually had to shut down. Since then he has been focusing on Blockchain & Web 3.0 Investments and created with Shant Kevonian the Barcelona Blockchain Network, a tech incubator, venture studio and seed investor focused on web 3.0 from which they jointly founded EtherMail, the first web 3.0 email provider allowing wallet-to-wallet communication.
Since 2006, Gerald has also been an active investor in start-up companies through Omnis Mundi and Firestartr, a network of entrepreneurs that he founded together with Alain Falys. He is a member of the Entrepreneurs Organisation (EO) and strongly believes in entrepreneurship as a way of life and, above all, as a means to make the world a better place.

## mVenturesBCN
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed
- Focus: Biopharma, Health Care, Life Science

mVenturesBcn is a new player in the field of innovation.

## Seed Capital Bizkaia
- Type: VC Fund
- Location: Bilbao, Pais Vasco, Spain
- Relevant deals: 1
- 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 InnovaciÃ³n y PromociÃ³n EconÃ³mica de la DiputaciÃ³n Foral de Bizkaia) whose aim is to manage a Venture Capital Fund called “Seed Capital Bizkaia, F.C.R.“.

## MOIRA CAPITAL DESARROLLO KAPPA, SICC
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Focus: Energy, Mobile, Software

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

## Santander
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Debt Financing, Post-IPO Debt, Seed
- Focus: Energy, Renewable Energy, Financial Services

Our purpose is to help people and businesses prosper. We strive to make all we do Simple, Personal and Fair.

## Vsquared Ventures
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Artificial Intelligence, Semiconductor, Manufacturing

Vsquared Ventures invests in early-stage deep-tech companies that are tackling society's most pressing challenges, with a focus on quantum and novel computing, green energy, robotics, AI/ML, new space, synthetic biology, and healthcare. It is committed to a partnership and will go to any length to help accelerate and scale vision,unlocking all seemingly impossible possibilities.

## Mondragón Corp.
- Type: VC Fund
- Location: Mondragón, Pais Vasco, Spain
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Supply Chain Management

Mondragón Corp. is a corporation and federation of worker cooperatives, with important activities in the Financial, Industrial, Retail and knowledge sectors.

## Sabadell Venture Capital
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Internet, E-Commerce

Sabadell Venture Capital's main purpose is to support entrepreneurial Spanish projects during their initial stages (Seed and Early Stage). They want to be the financial partner of the startups and to be part of its innovative and transformative projects. They add value to the company through the different stages of its growth. Banco Sabadellis defined by its entrepreneurial spirit: “A bank by entrepreneurs, for entrepreneurs, helping entrepreneurs".

## EIT Health
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 1
- Stages: Grant, Pre-Seed, Seed
- Focus: Health Care, Medical Device, Medical

EIT Health is a network of best-in-class health innovators backed by the EU. We deliver solutions to enable European citizens to live longer, healthier lives.

## AVANTECA Partners
- Type: VC Fund
- Location: Basel, Basel-Stadt, Switzerland
- Relevant deals: 1
- Stages: Seed
- Focus: Biotechnology, Health Care, Security

A privately held asset management company that invests in early-stage life science companies.

## Ona Capital Privat SCR SA
- Type: VC Fund
- Location: Manlleu, Catalonia, Spain
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: E-Commerce, Renewable Energy, Solar

Impulsem emprenedors que volem transformar el sector on operen, que aspiren a construir empreses globals i que ho volen fer sent socialment responsables.
