How many investment firms are in Madrid, Spain?

There are 35 venture capital and private equity investment firms based in Madrid, Spain tracked by Goldilocks AI. Together, they have made over 910 investments.

What sectors do Madrid, Spain investment firms focus on?

The most common investment sectors among Madrid, Spain investment firms are AI (21), Fintech (17), Climate & Energy (15), SaaS (14), and Enterprise Software (12).

What stages do Madrid, Spain investment firms invest at?

Investment firms in Madrid, Spain primarily invest at the Series A stage (35 investment firms), followed by Seed (33) and Series B (27).

Who are the most active investment firms in Madrid, Spain?

The most active investment firms in Madrid, Spain by portfolio size are Telefonica (85 investments), Kfund (82 investments), Kibo Ventures (57 investments).

Is Madrid, Spain a good place to raise venture capital funding?

Madrid, Spain has a growing investment ecosystem with 35 investment firms and over 910 investments, making it a solid location for startup fundraising.

What is the average fund size of investment firms in Madrid, Spain?

Among Madrid, Spain investment firms with reported fund sizes, the average is $185 million.

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 AI, with 60% of its 35 investment firms focused on this sector. The most active by portfolio size are Telefonica, Kfund, and Kibo Ventures.

AI dominates the investment landscape in Madrid, with 60% of investment firms focused on this sector.

Madrid is a particularly strong hub for early-stage investing, with over 94% of investment firms active at the Seed or Pre-Seed stage.

Last updated: 20 October 2026

Investment Firms

Total Investments

910

Top Sector

Top Stage

Series A

Top Investment Sectors in Madrid

The most popular sector focus among Madrid investment firms is AI, with 21 investment firms (60%) investing in the space. This is followed by Fintech (17), Climate & Energy (15), SaaS (14), Enterprise Software (12).

Investment Stages in Madrid

Madrid investment firms are most active at the Series A stage (35 investment firms). This is followed by Seed (33), Series B (27), Growth (16), Series C (15).

Find investors in Madrid, Spain on Goldilocks AI

Telefonica

Madrid, Spain

85 investments

Series A, Seed

AI, Cybersecurity, Fintech …

Investment Firms in Madrid, Spain

Top Investment Sectors in Madrid

Investment Stages in Madrid

Telefonica

Kfund

Kibo Ventures

Seaya

JME Ventures

Adara Ventures

Axon Partners Group

Mundi Ventures

Athos Capital

Bonsai Partners

Mission (formerly Demium)

Samaipata

BBVA

Cardumen Capital

Big Sur Ventures

Zubi Capital

Enisa (Empresa Nacional de Innovación)

Faraday

Swanlaab

Cemex Ventures

Cabiedes & Partners

SETT

Actyus

Seaya Andromeda

AXIS

Bullnet Capital

Myelin VC

Decelera Ventures

Santander Alternative Investments

Fondo Bolsa Social

BBVA Spark

Leadwind

Santander InnoEnergy Climate Fund

CRH Ventures

Addendum Capital

Frequently Asked Questions