Investment Firms in Madrid, Spain
As a major European capital, it has developed a robust startup ecosystem with particular strengths in cybersecurity, healthcare, and developer tools. The hub benefits from strong university connections and a concentration of venture capital firms, many of which were established in the early 2010s. Investment activity is primarily focused on the seed to series B stages, supporting a mature pipeline for scaling companies.
Madrid, Spain's investment landscape is shaped by Cybersecurity, with 55% of its 20 investment firms focused on this sector. The most active by portfolio size are Adara Ventures, Seaya, and Samaipata.
Cybersecurity dominates the investment landscape in Madrid, with 55% of investment firms focused on this sector.
Madrid is a particularly strong hub for early-stage investing, with over 85% of investment firms active at the Seed or Pre-Seed stage.
Last updated: 24 April 2026
Investment Firms
20
Total Investments
211
Top Sector
Cybersecurity
Top Stage
Seed
Top Investment Sectors in Madrid
The most popular sector focus among Madrid investment firms is Cybersecurity, with 11 investment firms (55%) investing in the space. This is followed by Fintech (9), AI (8), Healthcare (8), Enterprise Software (6).
Investment Stages in Madrid
Madrid investment firms are most active at the Seed stage (16 investment firms). This is followed by Series A (14), Series B (9), Series C (6), Pre-Seed (5).
Adara Ventures
Madrid, Spain
23 investments
Seed, Series A
Cybersecurity, AI, Marketing & Advertising
Seaya
Madrid, Spain
23 investments
Series A, Series B
Healthcare, Cybersecurity, E-Commerce & Marketplace …
Samaipata
Madrid, Spain
22 investments
Series A, Seed
HR & Talent, Logistics & Supply Chain, AI …
JME Ventures
Madrid, Spain
21 investments
Series A, Seed
Education, Cybersecurity, Healthcare
KFund
Madrid, Spain
20 investments
Pre Seed, Seed
AI, Healthcare, Enterprise Software …
Bonsai
Madrid, Spain
19 investments
Series A, Seed
E-Commerce & Marketplace, PropTech, Logistics & Supply Chain …
Cardumen Capital
Madrid, Spain
16 investments
Series A, Seed
AI, Cybersecurity, Biotech & Life Sciences …
Axon Partners Group
Madrid, Spain
12 investments
Series A, Series C
Biotech & Life Sciences, Construction, Manufacturing …
Wayra
Madrid, Spain
9 investments
Seed, Series A
Consumer, Fintech, Climate & Energy …
BBVA
Madrid, Spain
9 investments
Series C, Growth
Fintech, Travel & Hospitality, Climate & Energy …
Telefonica
Madrid, Spain
6 investments
Seed, Series A
Developer Tools, Consumer, Cybersecurity …
Big Sur
Madrid, Spain
6 investments
Seed, Series A
Education, AI, Hardware & Semiconductors …
Bankinter
Madrid, Spain
5 investments
Seed, Series A
Fintech, Hardware & Semiconductors, SaaS …
Cemex Ventures
Madrid, Spain
4 investments
Growth, Series A
Construction, Climate & Energy
Actyus
Madrid, Spain
4 investments
Growth, Series B
Fintech, Defense & Space, Cybersecurity
Myelin VC
Madrid, Spain
3 investments
Seed, Series C
AI, Infrastructure & Cloud, Gaming
ENISA
Madrid, Spain
3 investments
Seed, Pre Seed
Fintech, Logistics & Supply Chain
Decelera Ventures
Madrid, Spain
2 investments
PropTech, E-Commerce & Marketplace
Addendum Capital
Madrid, Spain
2 investments
Cybersecurity, AI
Cabiedes & Partners
Madrid, Spain
2 investments
Fintech