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Top 50 Medical VC Funds & Investors in Spain (June 2026)

The most active venture capital funds investing in Spain Medical startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Spain Medical startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Inveready
VC Fund
7 Spain, United States, United Kingdom Seed, Series A Software, Biotechnology, Information Technology $494k–$11M
ENISA
VC Fund
7 Spain, United States, France Seed, Debt Financing, Pre-Seed Software, Health Care, Information Technology $66k–$2.2M
CRB Inverbío
VC Fund
6 Spain, Mexico Series A, Seed Medical, Health Care, Biotechnology $2.2M–$8.9M
Criteria Venture Tech
VC Fund
6 Spain, United States, United Kingdom Seed, Series A Software, Biotechnology, E-Commerce $256k–$21M
SODENA
VC Fund
5 Spain, United Kingdom Debt Financing, Seed Health Care, Biotechnology, Software $32k–$937k
Centre for the Development of Industrial Technology (CDTI)
VC Fund
5 Spain, United States, France Grant, Seed Biotechnology, Health Care, Software $126k–$5.9M
Asabys Partners
VC Fund
3 Spain, France, Belgium Series A, Series B, Seed Health Care, Biotechnology, Medical Device $1.2M–$55M
Capital Cell
VC Fund
3 Spain, United States, United Kingdom Equity Crowdfunding, Seed Health Care, Biotechnology, Medical $137k–$1.9M
EASO Ventures
VC Fund
3 Spain Seed, Series A Software, Health Care, Manufacturing $110k–$3.2M
Ysios Capital
VC Fund
3 Spain, United States, Switzerland Series A, Series B, Series C Biotechnology, Health Care, Medical $2.2M–$135M
Clave Mayor
VC Fund
3 Spain, Germany, United States Seed, Series A Software, Biotechnology, Medical $262k–$8.9M
Adara Ventures
VC Fund
2 Spain, United States, United Kingdom Series A, Seed Software, Information Technology, Artificial Intelligence $1M–$17M
MTIP AG
VC Fund
2 United States, United Kingdom, Spain Series A, Series B, Series C Health Care, Artificial Intelligence, Medical $1.5M–$80M
Gestion De Capital Riesgo Del Pais Vasco
VC Fund
2 Spain Seed, Series A Biotechnology, Health Care, Medical $213k–$14M
Bio&Tech Smart Capital
VC Fund
2 Spain Series A, Seed Medical, Health Care, Pharmaceutical
Innogest Capital
VC Fund
2 Italy, United States, Spain Series A, Series B Health Care, Medical, Medical Device $1.1M–$29M
AA Sons
VC Fund
2 France, United States, Israel Seed, Series A Software, E-Commerce, Health Care $1.1M–$33M
Clave
VC Fund
2 Spain, Chile, Switzerland Seed, Series A Biotechnology, Health Care, Software
CDTI Innovación's INNVIERTE program
VC Fund
2 Spain Seed, Series B Health Care, Biotechnology, Medical
Monte Carlo Capital
VC Fund
2 United States, United Kingdom, Switzerland Seed, Series A Artificial Intelligence, FinTech, Software $375k–$100M
GENESIS Biomed
VC Fund
2 Spain Seed, Pre-Seed Medical, Pharmaceutical, Biopharma
European Investment Bank
VC Fund
2 France, Germany, The Netherlands Debt Financing, Post-IPO Debt Biotechnology, Health Care, Energy $7.7M–$658M
Banco Sabadell
VC Fund
2 Spain, United Kingdom, Germany Seed, Debt Financing Software, E-Commerce, Health Care $252k–$1.1B
Wellington Partners
VC Fund
2 Germany, United States, United Kingdom Series A, Series B Health Care, Biotechnology, Medical $3.1M–$55M
Ancora Finance Group
VC Fund
2 Spain, Germany Series A Medical, Medical Device, Health Care $2.6M–$33M
Kereon Partners
VC Fund
2 Spain Seed Health Care, Cooking, Medical $1.3M–$1.6M
ICF Capital
VC Fund
2 Spain, United States, Mexico Debt Financing, Seed Software, Biotechnology, Health Care $146k–$6.9M
BStartup
VC Fund
2 Spain, Mexico, United States Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $110k–$2.2M
Angels Capital
VC Fund
2 Spain, United States, Ireland Seed, Angel Software, E-Commerce, Health Care $104k–$2.7M
Speedinvest
VC Fund
2 Germany, United Kingdom, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $406k–$38M
Alta Life Sciences
VC Fund
2 Spain, United States Series A, Seed Biotechnology, Health Care, Medical Device $3M–$33M
Medex Partners
VC Fund
2 Spain Pre-Seed Medical, Health Diagnostics
Akilia Partners
VC Fund
1 Spain Series A Medical, Health Care, Medical Device
BCN PEPTIDES
VC Fund
1 Spain Medical, Biopharma, Life Science
Castel Capital
VC Fund
1 Spain, Cyprus, Poland Seed, Series A, Convertible Note Transportation, Travel, Marketplace
Dozen Investments
VC Fund
1 Spain, United Kingdom Seed, Pre-Seed Software, Information Technology, Retail $274k–$3.3M
Seed Capital Bizkaia
VC Fund
1 Spain, Mexico, Belgium Seed, Series A Software, Biotechnology, Health Care $119k–$14M
Civeta Investment
VC Fund
1 Spain, United Kingdom Seed, Pre-Seed, Angel E-Commerce, Marketplace, Apps
VitaminaK
VC Fund
1 Spain, United States Seed, Angel Software, E-Commerce, Health Care $329k–$1.4M
Région Sud Investissement
VC Fund
1 France, Spain Series A, Seed Software, Information Technology, Artificial Intelligence
JME Ventures
VC Fund
1 Spain, United States, Germany Seed, Series A Software, Information Technology, SaaS $768k–$25M
KGeN
VC Fund
1 Spain Pre-Seed Medical, Health Care
Trampoline Venture Partners
VC Fund
1 India, Spain, Argentina Seed, Pre-Seed FinTech, Apps, Blockchain
Ministry of Science and Innovation of Spain
VC Fund
1 Spain Pre-Seed Medical, Health Diagnostics
Growth Venture Partners
VC Fund
1 Spain Medical, Health Care, Neuroscience
Polygon Ventures
VC Fund
1 United States, Canada, Singapore Seed, Pre-Seed, Series A Blockchain, Gaming, Cryptocurrency
Creas
VC Fund
1 Spain Seed, Series A Baby, Medical, Agriculture
Alma Mundi Ventures
VC Fund
1 Spain, United States, United Kingdom Series A, Seed, Series B Software, InsurTech, Insurance $1.1M–$120M
New Enterprise Associates
VC Fund
1 United States, India, United Kingdom Series A, Series B, Series C Software, Health Care, Biotechnology $5.3M–$100M
Encomenda VC
VC Fund
1 Spain, France, United States Seed, Pre-Seed Software, SaaS, Information Technology $132k–$3.5M
Access all 167 VC funds in Spain Medical startups.

Access 48,091 investors

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

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Investor list

Inveready
VC Fund · Barcelona, Catalonia, Spain · 7 investments in Spain Medical startups

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

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Investment focus

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

Investor stats

  • Total investments: 142
  • Round size: Seed $494k–$5.5M; Series A $1.6M–$11M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • MedUX — MedUX is the leading Customer Experience and Network monitoring solution for telecommunication services, governments, and OTT providers by using AI Powered Real-Time Applied Analytics
  • VOLAVA — Volava is a fitness platform that brings the energy and benefits of studio-style workouts to the convenience and comfort of home. It is a connected, technology-enabled fitness boutique. It also makes fitness entertaining, approachable, effective, and convenient, while fostering social connections and building a community around wellness. Volavawas founded in 2017 and is headquartered in Barcelona, Spain.
  • Fleksy — The Fleksy Software Keyboard Development Kit (SDK) enables companies to overcome the challenge of building a top-notch typing experience on both iOS and Android. Your company can then focus on its area of expertise & value-add for a simple monthly licensing fee.
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ENISA
VC Fund · Madrid, Madrid, Spain · 7 investments in Spain Medical 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, Information Technology
  • Stage:Seed, Debt Financing, Pre-Seed
  • Geography: Spain, United States, France

Investor stats

  • Total investments: 175
  • Round size: Seed $66k–$2.2M; Pre-Seed $186k–$1.2M; Debt Financing $66k–$494k
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Swipoo — Transferencia de vehículos y cambio de nombre automatizado.
  • TucanPay — TucanPay is a money transfer platform that sends money between continents.
  • DARWIN Biomed — Biomedical Engineering
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CRB Inverbío
VC Fund · Madrid, Madrid, Spain · 6 investments in Spain Medical startups

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

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Investment focus

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

Investor stats

  • Total investments: 13
  • Round size: Seed $3.3M–$5.3M; Series A $2.2M–$8.9M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $70M in 2010

Portfolio highlights

  • Nuubo — Nuubo is a Spanish medical device company that develops wireless, wearable technologies to monitor physiological parameters. To do so, Nuubo has a platform known as nECG DYNAMIC PLATFORM, which makes it easier to perform and read an electrocardiogram remotely. Specifically, the system patented by Nuubo is made up of three elements: a biomedicalgarment that allows the electrocardiogram signal to be captured without interfering with the patient’s daily activity; a device that continuously records the information captured by the garment and which also allows the data to be sent wirelessly and in real time for processing; and analysis and visualization software that, using artificial intelligence algorithms, can interpret all of the information transmitted by the wireless device.The devices designed by Nuubo allow patients’ hearts to be monitored for longer periods of time and without feeling uncomfortable or intrusive. The company is headquartered in Madrid, Spain.
  • Biocross — Biocross, S.L., a biotechnology company, develops blood tests for the diagnosis of Alzheimer’s diseases to neurologists.
  • Carol — Carol is a tech-enabled healthcare provider delivering membership-based primary care services, on a mission to make high-quality healthcare accessible and affordable for everyone. To achieve this goal, Carol leverages a highly scalable technology, combined with high quality clinical operations and a salaried provider model.
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Criteria Venture Tech
VC Fund · Barcelona, Catalonia, Spain · 6 investments in Spain Medical 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: 150
  • Round size: Seed $256k–$3.8M; Series A $1.9M–$21M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Medlumics — Medlumics is a medical device start-up born in 2009 from a compromise with improving human living standards by means of technology.
  • Scalestack — Scalestack AI brings all of your GTM data together, suggests prioritized actions and helps your reps to execute your sales plays. Unlock a new level of sales productivity and generate more pipeline.
  • iPronics — iPronics develops the innovative concepts of general-purpose integrated programmable photonic systems.
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SODENA
VC Fund · Pamplona, Navarra, Spain · 5 investments in Spain Medical 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, Software
  • Stage:Debt Financing, Seed
  • Geography: Spain, United Kingdom

Investor stats

  • Total investments: 84
  • Round size: Seed $110k–$937k; Debt Financing $32k–$743k
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Ubyko — Ubyko focuses on robotics and automation solutions for last-mile logistics in urban retail environments.
  • DARWIN Biomed — Biomedical Engineering
  • Opportunity Health — Self-Applicable & Life-Saving | Fast, safe, and effective in emergencies | Contact us! | Opportunity Health
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Centre for the Development of Industrial Technology (CDTI)
VC Fund · Madrid, Madrid, Spain · 5 investments in Spain Medical startups

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: 175
  • Round size: Seed $562k–$5.9M; Grant $126k–$861k
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Xoople — Xoople operates as an earth intelligence company. Xoople powers the next generation of Earth data intelligence to achieve a systematic understanding of physical changes on the Earth’s surface.
  • TetraxAI — TetraxAI helps renewable energy developers and investors automate due diligence and risk assessment - 100x faster, 10x cheaper, with full legal traceability.
  • Golden Owl
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Asabys Partners
VC Fund · Barcelona, Catalonia, Spain · 3 investments in Spain Medical startups

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.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical Device
  • Stage:Series A, Series B, Seed
  • Geography: Spain, France, Belgium

Investor stats

  • Total investments: 35
  • Round size: Seed $1.2M–$13M; Series A $7M–$55M; Series B $19M–$55M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — raised $117M in 2022

Portfolio highlights

  • Qida — Qida is a trusted company in the health and social sector that selects the best caregivers for the elderly and / or dependent.
  • DeepUll — DeepUll is a biotech company that focuses its activity on the development of a new diagnostic system for early-stage sepsis condition. DeepUll’s proposal is based on quickly identifying the pathogens and offering the antibiogram within a few hours on the one hand, and on using the data and learning about the patient’s immunological and functionalstatus on the other. The system allows doctors to predict the future appearance and evolution of sepsis within a short period of time and thus provide a suitable clinical response even before the symptoms arise.
  • Augustine Therapeutics — Augustine Therapeutics is developing selective, safe and efficacious HDAC6 inhibitors designed for treatment of neuromuscular, neurodegenerative and cardiometabolic diseases. Discover our pipeline poised for clinical impact.
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Capital Cell
VC Fund · Barcelona, Catalonia, Spain · 3 investments in Spain Medical startups

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.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Equity Crowdfunding, Seed
  • Geography: Spain, United States, United Kingdom

Investor stats

  • Total investments: 49
  • Round size: Seed $384k–$1.9M; Equity Crowdfunding $137k–$1.3M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • MgShell — MgShell offers intraocular devices for the treatment of age-related macular degeneration and other ocular diseases. Their technology is the only technical solution capable of replicating current clinical practice with a single injection and releasing the same therapeutic drug doses at predetermined periods, autonomously and without surgicalprocedures.
  • DYNAMICS VR — Dynamics VR provides rehab software for clinics to tackle musculoskeletal pain and movement impairments caused by brain trauma.
  • EVis Bioscience — EVis Bioscience offers gene delivery solutions using extracellular vesicles, lipid nanoparticles, and hybrid systems.
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EASO Ventures
VC Fund · San Sebastian, Pais Vasco, Spain · 3 investments in Spain Medical startups

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, Series A
  • Geography: Spain

Investor stats

  • Total investments: 69
  • Round size: Seed $110k–$3.2M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Mettis AI — Mettis AI is reinventing how drivers are trained and certified by making the process 100% objective. Using patented AI and computer vision, our platform analyzes driving behavior in real time, providing transparent performance data, personalized learning, and legally valid certifications. We eliminate human bias, reduce test failure rates, and helpdriving schools deliver smarter training. With a scalable SaaS model and hardware-agnostic tech, Mettis AI is unlocking a €7.5B market across Europe and beyond.
  • 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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Ysios Capital
VC Fund · San Sebastian, Pais Vasco, Spain · 3 investments in Spain Medical startups

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

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B, Series C
  • Geography: Spain, United States, Switzerland

Investor stats

  • Total investments: 78
  • Round size: Series A $2.2M–$63M; Series B $17M–$135M; Series C $27M–$80M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • AM Pharma — AM-Pharma B.V., a biopharmaceutical company, engages in the development and commercialization of therapeutics for human use in the Netherlands. It focuses in the pre-clinical and clinical development of novel therapeutics to treat inflammatory and infectious diseases. The company develops products based on endogenous proteins and protein derivedpeptides, as well as molecules that naturally occur in the human body. Its products include alkaline phosphatase for treatment of acute kidney injury and ulcerative colitis; and immune response amplifying peptide hLF1-11 for the treatment of drug resistant hospital acquired infections. The company was founded in 2000 and is headquartered in Bunnik, the Netherlands.
  • Splice Bio — Splice Bio is a gene therapy company based on technology developed in the Muir Lab at Princeton University. The company is developing novel gene therapies based on its proprietary intein platform technology to treat patients that suffer from incurable genetic diseases. The company’s platform has the potential to address two existing limitations ofadeno-associated viruses (AAVs), both by increasing the size of the cargo gene that can be delivered and by expanding the range of tissues that can be targeted.
  • Prexton Therapeutics — Voici la page d'accueil du site web
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Access 48,091 investors

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

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Clave Mayor
VC Fund · Pamplona, Navarra, Spain · 3 investments in Spain Medical startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • MOA — MOA make healthy food for a sustainable world that solves growing global food demands. They are establishing a new industry of sustainable food that solves growing global food demands without the need for arable land. They are focused on designing high-value, natural and nutritious food.
  • Ojer Pharma — Ojer Pharma engages in the research, development, production, and marketing of dermopharmaceutical products in Spain. It develops prescription medicines, cosmetics, and medical devices. The company has developed a vehiculization technology in the form of bioadhesive transparent gels, which acts as a sustained-release matrix of dermatologicalactives, such as lipophilics and hydrophilics.
  • Semi Zabala — Welcome to Semi Zabala, a pioneering semiconductor company dedicated to innovation and excellence. Our mission is to push boundaries and enhance technology, embodying our slogan: beyond the power. Explore our advanced solutions designed for a smarter, more connected future.
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Adara Ventures
VC Fund · Luxembourg, Luxembourg, Luxembourg · 2 investments in Spain Medical startups

We help create a path Seed to exit, we've been there. We're experienced tech investors. We partner with founders with vision, courage and the capacity to execute.

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Investment focus

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

Investor stats

  • Total investments: 85
  • Round size: Seed $1M–$7.1M; Series A $2.7M–$17M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: May invest from a new fund soon — raised $293k in 2019

Portfolio highlights

  • BEONx — Beonprice is one of the Travel Tech companies in Spain, committed to leading the future of revenue strategy. Agility, innovation and organization are the engines of the brand, with the aim of offering profitable innovation and being part of the DNA of each of its customers. Beonprice has developed HQI™, the only index in the hotel market thatmeasures the integral quality of a hotel in order to understand the competitive position and price elasticity of the demand in the market. Beonprice has more than 2,000 customers in more than 30 countries, its RMS is successfully used by growing hotel chains such as Petit Palace, HM Resorts, Dreamplace, Hospes, Palafox, Grupo Velas, Viaggio and many more.
  • Intelex Vision — INNOVATION AT THE CORE We embrace the latest open-source AI/ML science developed by Google, Facebook and Microsoft. Our solution is a unique blend of in-house technology and flexible system architecture, that is easy to maintain and engineered to expand and solve new problems. This allows us to integrate state-of-the-art
  • Prisma Photonics — Prisma Photonics helps utility operators to keep critical infrastructure running using existing optical fiber.
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MTIP AG
VC Fund · Basel, Basel-Stadt, Switzerland · 2 investments in Spain Medical startups

MTIP is a growth capital investor that specializes in scaling up healthtech companies in rapidly expanding global markets. Visit our website!

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Investment focus

  • Industry: Health Care, Artificial Intelligence, Medical
  • Stage:Series A, Series B, Series C
  • Geography: United States, United Kingdom, Spain

Investor stats

  • Total investments: 23
  • Round size: Series A $1.5M–$33M; Series B $10M–$30M; Series C $27M–$80M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely still investing — raised $250M in 2021

Portfolio highlights

  • LynxCare — Continuously improving patient outcomes with previously unavailable insights. Find out more here.
  • TrialBee — Trialbee is revolutionizing clinical trials with innovative global patient recruitment solutions. Streamline your recruitment process today.
  • Koa Health — Make mental health manageable, treatable, and approachable for every industry and every individual with clinical-first care designed by experts. From evidence-based self-care and prevention through clinical treatment and therapy, Koa Health supports workforce wellbeing across the continuum.
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Gestion De Capital Riesgo Del Pais Vasco
VC Fund · Bilbao, Pais Vasco, Spain · 2 investments in Spain Medical startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

Bio&Tech Smart Capital is the alliance of researchers and entrepreneurs with Venture Capital management professionals to transfer scientific knowledge to society.

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Investment focus

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

Investor stats

  • Total investments: 5
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Oncostellae — Oncostellae is a biotechnology startup developing small-molecule drugs with innovative scaffolds (NCEs) that modulate clinically validated therapeutic targets in oncology and inflammatory/autoimmune diseases.
  • Pharmacelera — Improving pharmaceutical R+D productivity through a lean drug discovery process based on advanced computational methodologies.
  • ADNTRO Genetics — DNA test with saliva sample. Find out all about your health, nutrition, wellness and ancestry. Fast and private results.
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Innogest Capital
VC Fund · Milan, Lombardia, Italy · 2 investments in Spain Medical startups

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

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Investment focus

  • Industry: Health Care, Medical, Medical Device
  • Stage:Series A, Series B
  • Geography: Italy, United States, Spain

Investor stats

  • Total investments: 68
  • Round size: Series A $1.1M–$11M; Series B $2.7M–$29M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — raised $99M in 2015

Portfolio highlights

  • Newronika — Newronika restores brain and body functions with innovative technologies. We translate our deep knowledge on biosignal decoding into clinical practice, with the aim of improving treatments, health, and wellness. With our revolutionary brain devices, the patient receives the right stimulation at the right moment, thus becoming able to perform normaldaily activities and improve quality of life. Newronika is the spin-off company of two leading research institutions in Italy, the Fondazione IRCCS Ca' Granda Ospedale Maggiore Policlinico Hospital and the University of Milan. ​ Newronika comprises a multidisciplinary team formed from Neuroscience research groups and involves scientists with expertise in neurophysiology, neurology, biomedical engineering, neuropsychology, bioinformatics, and biotechnologies.
  • Prestiamoci — Prestiamoci is the first community of loans between individuals born in Italy, allowing you to make profitable investment and to obtain loans with installments transparent.With Prestiamoci the providers invest and get Claimants, returning to its original role of the bank safe. Loans shall be paid by people to trustworthy people who want toachieve their life projects, grow their professional activity, better manage expenses and major purchases
  • BetaGlue Technologies — BetaGlue Therapeutics develops innovative targeted cancer therapy solutions using its proprietary YntraDose technology for nuclear medicine.
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AA Sons
VC Fund · London, England, United Kingdom · 2 investments in Spain Medical startups

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.

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Investment focus

  • Industry: Software, E-Commerce, Health Care
  • Stage:Seed, Series A
  • Geography: France, United States, Israel

Investor stats

  • Total investments: 104
  • Round size: Seed $1.1M–$9M; Series A $6M–$33M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • HUG — Join our global creative community to showcase & sell your art, connect with others, and access creator-friendly grants and education.
  • Kate — Kate redefines everyday mobility by offering electric vehicles made in France.
  • Multiwave Technologies — More than 2/3 of humanity has no access to medical imaging Our mission is to make MRI available globally, through our ultra-low field mobile device.
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Clave
VC Fund · Pamplona, Navarra, Spain · 2 investments in Spain Medical startups

Clave is an investment management company.

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Investment focus

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

Investor stats

  • Total investments: 33
  • Lead/follow: no public data

Portfolio highlights

  • Aortyx — With a focus on aortic dissection, Aortyx has developed a bioresorbable endovascular patch designed to seal the entry tear, delivered through a proprietary dual-steerable catheter.
  • Corify Care — CORIFY Care is a start-up funded by main world-wide experts on cardiac arrhythmias which is going to introduce in the market a novel medical device to non-invasively map cardiac arrhythmias in real time. This novel technology will improve the treatment in more than 10 million of atrial fibrillation patients only in Europe. Our non-invasiveelectro-anatomical mapping systems displays the activation patterns in each point of the heart without the need of invasive catheters, allowing the possibility to map all atrial fibrillation patients even during a regular visit to the cardiologist. CORIFY Care is located in Madrid, Spain, one of the most attractive places to work/live on the South of Europe.
  • Genbioma — Genbioma is a biotechnology company transforming microbiome science into clinically validated postbiotics that support metabolic health, improve glucose control, and naturally activate the GLP-1 pathway.
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CDTI Innovación's INNVIERTE program
VC Fund · Madrid, Madrid, Spain · 2 investments in Spain Medical startups

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.

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Investment focus

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

Investor stats

  • Total investments: 14
  • Lead/follow: no public data

Portfolio highlights

  • Aortyx — With a focus on aortic dissection, Aortyx has developed a bioresorbable endovascular patch designed to seal the entry tear, delivered through a proprietary dual-steerable catheter.
  • Heecap — Heecap is a non-invasive, tailored electrostimulation technology that maintains respiratory muscle strength in these patients.
  • Geniova — Global Hybrid Orthodontics
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Monte Carlo Capital
VC Fund · Monaco, Bayern, Germany · 2 investments in Spain Medical startups

Discover Monte Carlo Capital, a leading angel investment firm supporting early-stage startups in technology.

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Investment focus

  • Industry: Artificial Intelligence, FinTech, Software
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Switzerland

Investor stats

  • Total investments: 66
  • Round size: Seed $375k–$10M; Series A $1.3M–$100M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Klay — Reimagine music with KLAY.
  • Shipsi — Shipsi empowers any retailer with the ability to offer an easy “instant shipping” option on their checkout page—without worrying about logistics. They use existing infrastructure and last-mile delivery networks to help customers order now AND get it now. Shipsi was founded in 2017 and is headquartered in Austin, TX.
  • Scout AI — Scout AI is building the robotic foundation model for defense.
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GENESIS Biomed
VC Fund · Barcelona, Catalonia, Spain · 2 investments in Spain Medical startups

Life sciences R&D, consulting and investment

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Investment focus

  • Industry: Medical, Pharmaceutical, Biopharma
  • Stage:Seed, Pre-Seed
  • Geography: Spain

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Thytech — Thytech is a health tech company.
  • Affirma Biotech — Affirma Biotech develops new orally available immunotherapeutic drugs for the treatment of severe infections and cancer
  • Ownmed Innovation — Ownmed Innovation is a Medtech spin-off that emerged from the collaboration between the Fundación para la Investigación Biomédica Hospital Gregorio Marañón (FIBHGM), the Instituto Investigación Sanitaria Fundación Jiménez Díaz (IIS-FJD) and Universidad Carlos III de Madrid (UC3M). Its main objective is the development of a medical device, Ostofix®,aimed at ostomate patients, with the purpose of restoring their ability to regain control over their continence.
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European Investment Bank
VC Fund · Luxembourg, Luxembourg, Luxembourg · 2 investments in Spain Medical startups

The European Investment Bank (EIB) offers lending, borrowing, and treasury services primarily within the European Union. It provides project loans for public and private sectors, loans to banks and intermediaries, structured finance products, guarantees, and securitization instruments for debts. Additionally, EIB offers equity and fund investmentproducts, including infrastructure and environmental funds, as well as venture capital funds. EIB also supports microfinance and risk-sharing finance for research and innovation, and provides technical expertise for sustainable energy projects. Its services include infrastructure advisory, urban development support, guarantees for transport infrastructure, and funding for public-private partnerships and small- to medium-sized enterprises. The bank serves various sectors, including transportation, energy, health, education, and agriculture.

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Investment focus

  • Industry: Biotechnology, Health Care, Energy
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: France, Germany, The Netherlands

Investor stats

  • Total investments: 294
  • Round size: Post-IPO Debt $7.7M–$658M; Debt Financing $13M–$400M
  • Lead/follow: 78% lead, 22% follow

Portfolio highlights

  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
  • Interconnect Malta — Interconnect Malta is a government organization that develops and implements energy infrastructure projects.
  • NVision Imaging Technologies — NVision Imaging Technologies is leveraging advances in quantum physics to enable the first routine, convenient and affordable use of Magnetic Resonance Imaging (MRI) for assessing early patient response to cancer treatment at the metabolic level.
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Banco Sabadell
VC Fund · Alicante, Comunidad Valenciana, Spain · 2 investments in Spain Medical startups

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.

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Investment focus

  • Industry: Software, E-Commerce, Health Care
  • Stage:Seed, Debt Financing
  • Geography: Spain, United Kingdom, Germany

Investor stats

  • Total investments: 60
  • Round size: Seed $252k–$3.3M; Debt Financing $2M–$1.1B
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Mundimoto — Mundimoto is a motor cycle trading platform.
  • Incapto Coffee — Incapto Coffee offers the sale of the automatic coffee machine and a subscription system for coffee beans.
  • Scottish Power — At ScottishPower are amongst the top 6 power companies in the UK. As an energy provider to over 5 million households and businesses across the UK, their role is to bring you YourEnergy – and that means keeping your home nice and cosy, being there when you need us and bringing you competitive tariffs and products.
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Wellington Partners
VC Fund · Munich, Bayern, Germany · 2 investments in Spain Medical startups

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.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series A, Series B
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 192
  • Round size: Series A $3.1M–$33M; Series B $6.7M–$55M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $222M in 2019

Portfolio highlights

  • nyra health — myReha is an artificial intelligence and evidence-based neurological research tablet app that offers a revolutionary form of therapy. myReha was founded in 2020 and was headquartered in Vienna, Austria.
  • UroMems — The device is developing an active implantable medical device based on the cutting edge technologyl in the field of embedded systems and micro-technologies for the development of its products.
  • Heliatek — As the technology leader in organic photovoltaics, Heliatek develops, produces and distributes industrial-grade organic PV solar solutions for virtually any building surface (horizontal, vertical, curved, rigid, and flexible). Heliatek stands for energy solutions designed for various traditional and never been possible before applications based onits unique features – it is ultra-light, flexible and truly green. HeliaSol® is a ready-to-use solution, ideal for retrofitting on existing building structures. HeliaFilm® is tailor-made solar film for companies in the building and construction material industry, to integrate into their façade or roof system products. Heliatek currently employs about 160 people at the Dresden and Ulm locations in Germany.The Free State of Saxony, the Federal Republic of Germany, and the European Union funded research and development, as well as the installation of the production technology.
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Ancora Finance Group
VC Fund · London, England, United Kingdom · 2 investments in Spain Medical startups

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.

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Investment focus

  • Industry: Medical, Medical Device, Health Care
  • Stage:Series A
  • Geography: Spain, Germany

Investor stats

  • Total investments: 3
  • Round size: Series A $2.6M–$33M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Koa Health — Make mental health manageable, treatable, and approachable for every industry and every individual with clinical-first care designed by experts. From evidence-based self-care and prevention through clinical treatment and therapy, Koa Health supports workforce wellbeing across the continuum.
  • Atlas Medical Technologies — Atlas Medical Technologies is a manufacturing company that develops navigation systems for medical doctors for radiology and orthopedics.
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Kereon Partners
VC Fund · Madrid, Madrid, Spain · 2 investments in Spain Medical startups

> smart projects

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Investment focus

  • Industry: Health Care, Cooking, Medical
  • Stage:Seed
  • Geography: Spain

Investor stats

  • Total investments: 4
  • Round size: Seed $1.3M–$1.6M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Qualityfry — If you are looking for an automatic commercial deep fryer for your business, check the QualityFry ones. Check out and request a demonstration
  • Persei vivarium (Digital Health) — Persei vivarium is a digital health business dedicated to the creation of high-quality data collections that are based on real-word data for specific diseases. The technology facilitates the capture of clinical data from the physician’s daily clinicalpractice and from the patient based on a mobile appication for remote monitoring. This provides a more holistic view and better management of the disease. The information that is captured becomes a high-value resource that also, in a simple and easy process, generates high-quality research.
  • Transplant Biomedicals — Diabetes can be effectively controlled by following these best tips from Diabetes Guide. You will also get to know about the tips to manage diabetes naturally
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ICF Capital
VC Fund · Barcelona, Catalonia, Spain · 2 investments in Spain Medical startups

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

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Investment focus

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

Investor stats

  • Total investments: 99
  • Round size: Seed $1.1M–$6.9M; Debt Financing $146k–$219k
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Exoticca — Exoticca develops an online platform intended to facilitate travel booking. The company's platform offers holiday packages which includes flights, accommodation, meals, guides and private transports, for exotic locations all around the world, enabling travelers to book travel packages online at competitive prices.
  • Harmonix — Harmonix is a software development company that uses AI for CRM to communicate with customers to send email, calls, and SMS.
  • ATTSU — ATTSU is a machinery manufacturing company that offers steam boilers and thermal oil boilers for industrial purposes.
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BStartup
VC Fund · Sant Cugat Del Vallès, Catalonia, Spain · 2 investments in Spain Medical startups

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

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: Spain, Mexico, United States

Investor stats

  • Total investments: 81
  • Round size: Seed $110k–$2.2M; Pre-Seed $110k–$2.2M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • TietAI — TietAI builds healthcare data interoperability infrastructure for hospitals, research networks and life sciences. The platform, Hydra, is split into two products. Hydra Connects is non-medical-device middleware for clinical data exchange across HL7v2, FHIR, DICOM, OMOP, X12 and CDA. Hydra Agentic is a high-risk AI system under the EU AI Act,designed for clinical agentic workflows.
  • Floatech — Discover Floatech: Boosting lithium-ion batteries with sustainable, high-performance silicon anodes. Explore our innovative technology.
  • xNova International — Find US importers with the xNova International platform in seconds. Monitor your competitors, analyze your product's demand in the US, and much more.
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Angels Capital
VC Fund · Valencia, Comunidad Valenciana, Spain · 2 investments in Spain Medical startups

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

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Investment focus

  • Industry: Software, E-Commerce, Health Care
  • Stage:Seed, Angel
  • Geography: Spain, United States, Ireland

Investor stats

  • Total investments: 117
  • Round size: Seed $265k–$2.7M; Angel $104k–$1.6M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Internxt — Here at Internxt, we're helping shape an Internet that truly respects you. Our first service, Internxt Drive, is a free & fully private cloud storage service and is part of our disruptive cloud infrastructure. Distributed, Trustless. Switch for free.
  • VICO Ahorro — VICO Ahorro uses a digital system that evaluates, compares, and automatically manages the best market offers to help consumers save money on regular costs like energy, insurance, and telecommunications.
  • 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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Speedinvest
VC Fund · Vienna, Wien, Austria · 2 investments in Spain Medical startups

Speedinvest is a globally active European venture capital firm built on a simple belief: many move more. From six offices across EMEA, our sector-focused investment teams back relentless founders from pre–Seed to Growth with long-term conviction, providing day-one access to our global network of corporate customers, experts, industry leaders, andtop-tier follow-on investors to scale smarter and faster. Building lasting companies like Bitpanda (Austria), Moove (Nigeria), Gigs (U.S.), Tide (UK), ARX Robotics (Germany), Wayflyer (Ireland), GoStudent (Austria), Seqera Labs (Spain), and Cylib (Germany) — together. Big ideas may start with one. But scaling and winning take The Power of More.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United Kingdom, Austria

Investor stats

  • Total investments: 518
  • Round size: Seed $823k–$8M; Pre-Seed $406k–$3.8M; Series A $3.7M–$38M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $384M in 2022

Portfolio highlights

  • Findery — Find and leave notes anywhere in the world, discover local knowledge, hidden secrets, and exciting stories. Share your travel knowledge, geoblog, or local news!
  • MinersAI — Unlock valuable insights from intricate geological data with Miners AI. Our AI-driven platform empowers exploration teams to make informed decisions and optimize mining operations.
  • Primer — Primer is the first open automation platform for payments, enabling you to build end-to-end payment flows with no code, and a checkout developers love.
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Alta Life Sciences
VC Fund · Barcelona, Catalonia, Spain · 2 investments in Spain Medical startups

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.

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Investment focus

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

Investor stats

  • Total investments: 16
  • Round size: Series A $3M–$33M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • DeepUll — DeepUll is a biotech company that focuses its activity on the development of a new diagnostic system for early-stage sepsis condition. DeepUll’s proposal is based on quickly identifying the pathogens and offering the antibiogram within a few hours on the one hand, and on using the data and learning about the patient’s immunological and functionalstatus on the other. The system allows doctors to predict the future appearance and evolution of sepsis within a short period of time and thus provide a suitable clinical response even before the symptoms arise.
  • Peptomyc — Peptomyc is a company focused on the development of a new generation of cell-penetrating peptides (CPPs) targeting the Myc oncoprotein for cancer treatment. The company was founded in December 2014 and it is based on Dr. Soucek’s scientific research in Omomyc (the best direct Myc inhibitor known to date) over the last twenty years.Currently,cancer incidence in the world exceeds 14 million cases per year and results in 8 million deaths annually. Moreover, such numbers are forecast to rise by 75% over the next 20 years (World Cancer Report. International Agency for Research on Cancer 2014). At the moment, standard therapies include surgery, radiotherapy, chemotherapy, and, in a restricted subset of cancers, precision medicine. Unfortunately, very often these therapies fail, due to the development of resistance.Peptomyc has adopted a different strategy based on the inhibition of the oncoprotein Myc, which is found deregulated in the majority of human cancers. Myc holds a non-redundant function in cancer around which tumors cannot evolve, hence targeting Myc is the most promising therapeutic opportunity to date. Although Myc plays a central role in cancer there is currently no Myc inhibitor in the market.
  • Mediktor — Mediktor is an interactive tool that can analyse users' symptoms and evaluate their state of health. It also allows them to chat with a doctor in real time.
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Medex Partners
VC Fund · Barcelona, Catalonia, Spain · 2 investments in Spain Medical startups

Medex Partners is an investment club focused on healthcare that is led by entrepreneurs and industrial companies with broad experience in the sector.

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Investment focus

  • Industry: Medical, Health Diagnostics
  • Stage:Pre-Seed
  • Geography: Spain

Investor stats

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

Portfolio highlights

  • Manina Medtech — We created Seedchrony, first in class device to assess endometrial receptivity for embryo transfer, we are Manina Medtech | Boosting IVF Success
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Akilia Partners
VC Fund · 1 investments in Spain Medical startups

Industry Transforming Technology Investments. An investment firm born to accelerate the pace of innovation and materialize its potential to improve the world

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Investment focus

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

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Koa Health — Koa Health is here to help create better workplace wellbeing for your employees. Find out more about our digital mental health solutions.
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BCN PEPTIDES
VC Fund · Mediona, Catalonia, Spain · 1 investments in Spain Medical startups

BCNPeptides is dedicated to pioneering R&D in cutting-edge bioactive peptides. We deliver tailor-made, high-quality solutions

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Investment focus

  • Industry: Medical, Biopharma, Life Science
  • Geography: Spain

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Affirma Biotech — Affirma Biotech develops new orally available immunotherapeutic drugs for the treatment of severe infections and cancer
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Castel Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Spain Medical startups

Castel Capital is an investment group offering private equity and investment solutions for entrepreneurs, high net worth individuals, family offices, and discerning individuals. ​ Castel Capital was founded by a small group of senior finance professionals with a long track record in the investment and financial sector. Besides their track record ininvestment banking and private equity, they have managed start-ups as well as established blue chip companies and continue to serve on a wide variety of company Boards.

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Investment focus

  • Industry: Transportation, Travel, Marketplace
  • Stage:Seed, Series A, Convertible Note
  • Geography: Spain, Cyprus, Poland

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Boxmotions — Home delivery of bulky items (furniture, home appliances, large sports equipment, etc.) is a large, growing, segregated and underserved market. Retail and e-commerce are in need of a solution that delivers quality and end customer experience standards comparable to the most innovative regular parcel delivery solutions.Boxmotions' owntechnology stack and operational processes have been meticulously curated with an end-customer-centric approach, generating capabilities unseen in the bulky items logistics industry before: scheduled time slot deliveries controlled by the end customer, delivery times x5 faster than industry average, tailored technology-guided interactions, assembly/dissassembly services, and more. We connect demand's orders with a curated pool of existing, segregated supply while guiding the whole value chain through our technology and generating incremental operational efficiency. Such model entices supply and, at the same time, provides retail and e-commerce with a capability to boost end customer experience with only competitive logistics costs.The basis of our technology stack and supply curation comes originally from an initial business line: an on-demand-storage solution for personal logistics. In our journey towards a larger market, we have always maintained our vision of making urban life easier, and more sustainable.
  • GetTransfer.com — Best prices for transfers between airports, railway stations, cities, hotels and other places.
  • Mediktor — Mediktor is an interactive tool that can analyse users' symptoms and evaluate their state of health. It also allows them to chat with a doctor in real time.
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Dozen Investments
VC Fund · Barcelona, Catalonia, Spain · 1 investments in Spain Medical startups

Dozen Investments is a venture capital and private equity firm based in Spain.

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Investment focus

  • Industry: Software, Information Technology, Retail
  • Stage:Seed, Pre-Seed
  • Geography: Spain, United Kingdom

Investor stats

  • Total investments: 38
  • Round size: Seed $274k–$3.3M; Pre-Seed $786k–$1.2M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Wideum — Wideum is a Remote Service technology company, innovating in software applications for smartphones, tablets and smart glasses. Save Money and Time.
  • Bloome — La forma moderna de cuidarte (por dentro y por fuera)
  • Project Lobster — A Modern Optical Experience For Those Who See The World Differently
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Seed Capital Bizkaia
VC Fund · Bilbao, Pais Vasco, Spain · 1 investments in Spain Medical startups

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

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Investment focus

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

Investor stats

  • Total investments: 32
  • Round size: Seed $119k–$1.4M; Series A $2.7M–$14M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • coometes — coometes offer social institutions a comprehensive solution for managing food aid and basic necessities for vulnerable persons.
  • Begas Motor — Begas has designed and manufactures the first engine for industrial vehicles powered 100% by LPG (Liquefied Petroleum Gas or AUTOGAS). Ability to remotorize vehicles and make them ecological with Euro VI certificate.
  • Emica Solar — Emica Solar is a company which develops the floating solar energy.
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Civeta Investment
VC Fund · Madrid, Madrid, Spain · 1 investments in Spain Medical startups

The Civet is a mammal small, omnivorous, with excellent hearing and vision and very prolific . Inspired by these characteristics a business group of the Internet world came together in 2013 to bring these features to the Internet investment.Civet Investment SA is a company established in March 2013 with the objective of investing in technologystartups. They seek investments with high growth potential where they can bring something more than capital: What they call Smart Money or Smart Money.Thanks to the experience of their founders and members of the board, try their entrance as partners in a company contribution experience, advice and support arising from synergies between projects which they are partners.They can consider Civet Investment SA as a Business Angel Association, where they seek to grow periodically to accommodate more members and more investment.

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Investment focus

  • Industry: E-Commerce, Marketplace, Apps
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Spain, United Kingdom

Investor stats

  • Total investments: 17
  • Lead/follow: no public data

Portfolio highlights

  • Goin — Goin is a mobile application to save money easily and take advantage of it without knowing how to invest, through Machine Learning algorithms that allow you to accumulate the user's money through small daily gestures. he three Spanish founders, David, Carlos and Gabriel, were looking for a way to optimize their own money, and decided toconduct an experiment by exchanging their debit cards and thus saving 62% during those two months of rehearsal. This is how Goin emerged, which aims to meet the needs of 100% of Millennials, of which 83% confess that they do not know how to save, making available an easy-to-use tool that enhances their finances and lifestyle. On the one hand, the Barcelona startup allows the user to add money automatically and multiply it without having previous knowledge of investment. Goin uses a simple system that first asks to know the user through questions about their habits and, in this way, they are offered automatic systems and methods of saving. Once the user adds money to the app, they can transfer part or all of it to investment, or to their bank account. Its Smart Saving technology manages to accumulate money with small, everyday gestures, such as rounding a payment.
  • GasPay — Own gaspay.com today. Secure checkout and guided transfer support. No hidden fees.
  • Eelp! — Eelp! is an app to delegate all personal daily needs busy people have, 365. Taking your car for a wash, pet-sitting your dog while traveling, doing groceries, sending a physiotherapist home, a manicure to the office, a cab to the airport.. an Eelper will manage that for you, with best providers at best price, happy to Eelp.
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VitaminaK
VC Fund · Madrid, Madrid, Spain · 1 investments in Spain Medical startups

Vitamin K is an SCR that invests in technology companies and internet in its early stages. They invest in entrepreneurs with experience and equipment, providing funding and support to the management.

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Investment focus

  • Industry: Software, E-Commerce, Health Care
  • Stage:Seed, Angel
  • Geography: Spain, United States

Investor stats

  • Total investments: 9
  • Round size: Seed $329k–$1.4M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Mailsuite — MailTrack is a SaaS which takes the double-checks from mobile messaging to the email.So far, MailTrack is available only as an extension for Google Chrome and Gmail.MailTrack was an initiative of Nacho González (creator of InfoJobs.net). Partners include Daniel Giménez (CTO/founder Trovit.com), Jesús Monleón (co-founder Offerum.com),David Tomás (founder CyberClick) and Eduardo Manchón (founder Panoramio, recently sold to Google).Founders include Gabi García and Gil Casadevall.
  • iContainers — Instant freight rates with leading cargo freight forwarders offering top freight forwarding services. Get the best freight shipping rate & quotes in just a few clicks!
  • PromoFarma.com — PromoFarma.com is the leading online marketplace of consumer health and wellness products, enabling thousands of customers to purchase the best beauty, baby and health products directly from hundreds of pharmacies and other health merchants. Founded in Barcelona, PromoFarma.com is operating in Spain, but it's already planning to export itssuccessful business model abroad.The company's innovative model is based on Spanish high retail pharmacies for a quick and profitable delivery of quality products from the most renowned brands. It is a new business model that combines online sales of consumer health products with the added value of their delivery from the local pharmacy channel. This marketplace enables users to order online and receive products at home with trust, transparency and convenience guaranteed.The company bases its value proposal on a wide catalog of 30.000 items, the best prices and an excellent delivery service. Currently, PromoFarma.com has a network of 300 pharmacies across Spain and more than 150.000 buyers, getting strong brand recognition thanks for its TV campaigns.PromoFarma.com is transforming the online health challenge into a marketplace that provides confidence to consumers who are interested in healthcare products with the highest pharmaceutical features.PromoFarma.com has been recognized by the magazine Actualidad Económica as one of the Best Spanish Startups for its innovation, talent and youth. Furthermore, in 2014 and 2015 it has been awarded with the popular prize of “Best Beauty and Personal Care Webshop”.
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Région Sud Investissement
VC Fund · Marseille, Provence-Alpes-Cote d'Azur, France · 1 investments in Spain Medical startups

Région Sud Investissement is an investment Firm.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Seed
  • Geography: France, Spain

Investor stats

  • Total investments: 35
  • Lead/follow: no public data

Portfolio highlights

  • BiOceanOr — BiOceanOr harnessed the power of Marine Biology and AI to deliver bio-guided services that optimize fish welfare and fish growth, while supporting aquaculture sustainability standards
  • Acwa Robotics — Acwa Robotics is a company that develops amphibious autonomous devices to manage clean water infrastructures globally.
  • Ilios International — Ilios International is a independent assistance and travel risk management company focuses on global security issues.
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JME Ventures
VC Fund · Madrid, Madrid, Spain · 1 investments in Spain Medical 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: 120
  • Round size: Seed $768k–$6.4M; Series A $1.6M–$25M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $70M in 2019

Portfolio highlights

  • TietAI — TietAI builds healthcare data interoperability infrastructure for hospitals, research networks and life sciences. The platform, Hydra, is split into two products. Hydra Connects is non-medical-device middleware for clinical data exchange across HL7v2, FHIR, DICOM, OMOP, X12 and CDA. Hydra Agentic is a high-risk AI system under the EU AI Act,designed for clinical agentic workflows.
  • Tolemy Bio — Tolemy Bio develops AI-driven tools to design, optimize, and control cell culture processes for advanced therapies. The company focuses on precision-engineered, custom cell culture media for cell and gene therapies and biologics. Its platforms use artificial intelligence and machine learning to map how nutrients and signals influence cells. TolemyBio supports cell therapy innovators with data-driven media design and process control. Its solutions aim to improve critical quality attributes and manufacturability for advanced therapeutic products.
  • Charms — Charms AI is an on‑chain mobile application focused on AI characters with persistent memory and user‑facing economies. The platform allows creators to build AI characters that can maintain long‑term conversational context and have their own wallets and tokenized assets, while users interact with, back, and trade around those characters. It sits atthe intersection of AI‑driven interaction, gaming‑style engagement, and blockchain‑based tokenization, with the overall design geared toward converting user attention and interaction into on‑chain economic flows.
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KGeN
VC Fund · Old Road Town, Saint Thomas Middle Island, Saint Kitts and Nevis · 1 investments in Spain Medical startups

KGeN is a gaming community that focuses on strategic vision and technological framework and explores gamer data.

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Investment focus

  • Industry: Medical, Health Care
  • Stage:Pre-Seed
  • Geography: Spain

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Universal Health Token — Universal Health Token (UHT) is a gamified healthcare platform developed by GOQii's Web3 business unit to promote the gamification of preventive healthcare using blockchain technology.
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Trampoline Venture Partners
VC Fund · 1 investments in Spain Medical startups

Trampoline Ventures is an investment firm.

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Investment focus

  • Industry: FinTech, Apps, Blockchain
  • Stage:Seed, Pre-Seed
  • Geography: India, Spain, Argentina

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • GoSats — Earn bitcoin rewards when you shop online at your favourite brands in India.
  • MediQuo — MediQuo is a hospital in your pocket, connecting patients and professionals for any health interaction. Healthcare today has 75% of unnecessary medical visits that could be taken in the distance, and the vast majority of health professionals are using messaging platforms such as WhatsApp to communicate with patients or other health professionals.MediQuo is a chat-based app specialised in health, GDPR and health data compliant, giving professionals time control, incorporating patient medical history and phone privacy. Allowing also video and audio communication. It is a place for discussion, appointments or medical consultation with your doctor or any new health professional. Also includes immediate 24/7 medical response and a network, for health information and professional discovery. We have done already 1M consultations and got 600k app downloads. Our Google Play Ratings are 4,6 (with 6k reviews). We are amongst the top health apps in Spain and Latam.
  • Zywa (YC W22) — Zywa is a FinTech startup building the best banking experience to help teens and young adults spend, receive and manage money. Zywa also allows parents to send money to their children, which they can spend securely whenever, wherever in the safe environment of their parent’s oversight. Zywa is launching its services initially in the UAE &Egypt and will be soon rolling out to the rest of the Middle East.
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Ministry of Science and Innovation of Spain
VC Fund · Madrid, Madrid, Spain · 1 investments in Spain Medical startups

Ministry of Science and Innovation of Spain provides policies for universities, scientific and technical research, technological development

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Investment focus

  • Industry: Medical, Health Diagnostics
  • Stage:Pre-Seed
  • Geography: Spain

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Biointaxis — Biointaxis is a genomic treatment and technology development company. The current lead program develops a gene therapy treatment for Friedreich ataxia, a rare, inherited, progressive neurodegenerative disease that typically affects teenagers and young adults. They reestablished the neurological functions in mice models of friedreich ataxia.
  • Manina Medtech — We created Seedchrony, first in class device to assess endometrial receptivity for embryo transfer, we are Manina Medtech | Boosting IVF Success
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Growth Venture Partners
VC Fund · Las Vegas, Nevada, United States · 1 investments in Spain Medical startups

Growth Venture Partners is a specialized middle market investment bank, with deep domain expertise that are focused primarily on private companies and its stakeholders who are seeking financing via private placements or strategic investments, as well as liquidity via the secondary market or M&A. The Firm's distinguished services are uniquein its robust network of institutional and strategic investors, as well as its capabilities of combining timely execution of transactions, creative deal structuring, complex negotiations, perceptive market insight and in-depth qualitative and quantitative analyses. Growth Venture Partners builds strong credibility with its investor and corporate clients through a commitment of delivering top tier investment banking services. As a trusted advisor, the Firm adheres to high standards and places strong emphasis on establishing long-term relationships with investor and corporate clients, originating value-add ideas that help achieve strategic objectives and maximize shareholder value, and performing world-class execution that yields timely results. Additionally, Growth Venture Partners maintains a comprehensive database of fundamental industry knowledge and framework of sectors and sub-sectors, which are used to identify forward-looking trends and drivers, track emerging companies and strategic opportunities, and originate unique ideas that help define the future of the market.

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Investment focus

  • Industry: Medical, Health Care, Neuroscience
  • Geography: Spain

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Sincrolab — Descubre Sincrolab, el tratamiento digital que utiliza inteligencia artificial para mejorar los procesos cognitivos. Con eficacia validada en TDAH,...
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Polygon Ventures
VC Fund · 1 investments in Spain Medical startups

Polygon Ventures is an investment firm that focuses on early-stage Web3 startups.

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Singapore

Investor stats

  • Total investments: 52
  • Lead/follow: no public data

Portfolio highlights

  • Capx — Capx's mission is to accelerate the flow of capital through the private markets, thereby enhancing global capital allocation. With secondary market and enterprise solutions, Capx combines high-quality collections of opportunities with efficient access for institutions and individual investors.
  • Beamable — One line of code is all you need to build your own custom server logic via microservices along with a world of LiveOps tools and live services.
  • Fanable — Fanable is a Web3 marketplace specialized in Pokémon, comic books, and collectibles, allowing users to purchase, sell, and engage with their favorite products in both physical and digital forms.
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Creas
VC Fund · Mersin, Mersin, Turkey · 1 investments in Spain Medical startups

Creas is an online platform that offers web design, graphic design, and software solutions for its users.Its current chain of services includes: web design, graphic design, software, e-commerce site, advertising photo, google ad, facebook ad, SEO solutions, server services, virtual power plants, banner design, and printing solutions. Creasalso conducts an after sales special training session for its customers.Creas was launched in 2004.

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Investment focus

  • Industry: Baby, Medical, Agriculture
  • Stage:Seed, Series A
  • Geography: Spain

Investor stats

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

Portfolio highlights

  • Smileat — Smileat is an organic baby food brand. Smileat is present in more than 3000 point of sales. They are strongly implemented in Spain and they also started selling in Portugal, France, Italy and Hong Kong
  • Koa Health — Make mental health manageable, treatable, and approachable for every industry and every individual with clinical-first care designed by experts. From evidence-based self-care and prevention through clinical treatment and therapy, Koa Health supports workforce wellbeing across the continuum.
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Alma Mundi Ventures
VC Fund · Madrid, Madrid, Spain · 1 investments in Spain Medical startups

We back bold and purpose-driven founders.

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Investment focus

  • Industry: Software, InsurTech, Insurance
  • Stage:Series A, Seed, Series B
  • Geography: Spain, United States, United Kingdom

Investor stats

  • Total investments: 113
  • Round size: Seed $1.1M–$6.7M; Series A $2.7M–$30M; Series B $5.5M–$120M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Convelio — Convelio is a global logistics startup specialized in bulky, fragile and high-value items.
  • Ole Insurance Group — Ole Insurance Group focuses on offering protection and well-being products and services through technology. Ole Insurance Group was founded in 2021 and was headquartered in Puerto Rico.
  • Epoch Biodesign — Mellizyme Biotechnology is currently operating in stealth.
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New Enterprise Associates
VC Fund · Menlo Park, California, United States · 1 investments in Spain Medical startups

Foundational partners to ambitious founders at every stage of company-building.

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Series A, Series B, Series C
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1524
  • Round size: Series A $5.3M–$60M; Series B $10M–$80M; Series C $13M–$100M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $2.8B in 2022

Portfolio highlights

  • AviadoBio — AviadoBio mission is to transform the lives of people living with neurodegenerative disorders by developing and delivering transformative gene therapies for diseases including frontotemporal dementia (FTD) and amyotrophic lateral sclerosis (ALS). The Company’s technology is based on pioneering research from King’s College London and the UK DementiaResearch Institute.
  • Sagimet Biosciences — Sagimet Biosciences better reflects our expertise in fatty acid metabolism and current focus on developing ground-breaking therapeutics to treat the liver disease NASH.
  • Tarveda Therapeutics — Developing Pentarins to make a difference in the treatment of patients with solid tumor malignancies
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Encomenda VC
VC Fund · Barcelona, Catalonia, Spain · 1 investments in Spain Medical startups

Encomenda is a Venture Capital specialized in seed investments in technology startups. They open the door to investors and professional business angels to capitalize on their investments through collective investment vehicles. They minimize investment risks thanks to the diversification of the portfolio and preferential access to the best projectsin search of financing.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Spain, France, United States

Investor stats

  • Total investments: 74
  • Round size: Seed $330k–$3.5M; Pre-Seed $132k–$849k
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $15M in 2024

Portfolio highlights

  • Cuimo — Cuimo is a motor company that offers transport, financing, and second hand motorcycle servicing.
  • METLY — METLY simplifies the process of discovering new products, negotiating, and closing deals in the pharmaceutical industry. Connect with trusted partners and speed up your product launch through our innovative platform.
  • bcount
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Medical VC funding in Spain at a glance

Stats across 184 deals from 167 investors.

167
investors
in Spain Medical startups
184
deals
in Spain Medical startups
$1.9M
median round
in Spain Medical startups
47%
lead investors
lead at least one round
18%
Seed
most common funding stage

Access all 167 VC funds in Spain Medical startups.

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