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 73% of its 11 investment firms focused on this sector. The most active by portfolio size are Samaipata, Adara Ventures, and Seaya.
Cybersecurity dominates the investment landscape in Madrid, with 73% of investment firms focused on this sector.
Madrid is a particularly strong hub for early-stage investing, with over 100% of investment firms active at the Seed or Pre-Seed stage.
Last updated: 13 March 2026
Investment Firms
11
Total Investments
154
Top Sector
Cybersecurity
Top Stage
Seed
Top Investment Sectors in Madrid
The most popular sector focus among Madrid investment firms is Cybersecurity, with 8 investment firms (73%) investing in the space. This is followed by Healthcare (8), Developer Tools (6), Fintech (6), HR & Talent (5).
Investment Stages in Madrid
Madrid investment firms are most active at the Seed stage (11 investment firms). This is followed by Series A (10), Series B (7), Series C (4), Pre-Seed (3).
Samaipata
Madrid, Spain
22 investments
Series A, Series B
HR & Talent, Logistics & Supply Chain, PropTech …
Adara Ventures
Madrid, Spain
21 investments
Seed, Series B
Cybersecurity, AI, Marketing & Advertising …
Seaya
Madrid, Spain
19 investments
Series A, Series B
Cybersecurity, E-Commerce & Marketplace, SaaS …
Bonsai
Madrid, Spain
18 investments
Series A, Seed
E-Commerce & Marketplace, PropTech, AI …
KFund
Madrid, Spain
16 investments
Pre Seed, Series A
Healthcare, AI, Enterprise Software …
JME Ventures
Madrid, Spain
16 investments
Series A, Seed
Cybersecurity, Healthcare, Education …
Cardumen Capital
Madrid, Spain
14 investments
Series A, Seed
AI, Biotech & Life Sciences, Food & Agriculture …
Axon Partners Group
Madrid, Spain
10 investments
Series A, Series C
Biotech & Life Sciences, Construction, Manufacturing …
Wayra
Madrid, Spain
7 investments
Seed, Series A
Consumer, Climate & Energy, SaaS …
Telefonica
Madrid, Spain
6 investments
Seed, Series A
Developer Tools, Consumer, Cybersecurity …
BBVA
Madrid, Spain
5 investments
Series C, Series F
Fintech, Climate & Energy, Enterprise Software