---
title: "21 Startup Investors in Madrid (Nov 2026): 10 Free"
last_updated: "2026-11-09"
rows: "21"
free_rows: "10"
source: "Official registers and each organization's own website"
canonical: "https://theinvestordatabase.com/lists/investors-in-madrid/"
---

# 21 startup investors in Madrid

We list 21 startup investors in Madrid as of November 2026: each was checked on its own website or an official register, and the list was last checked on 9 Nov 2026. The sectors tagged most often are deep tech (12), climate tech (10) and SaaS and B2B software (9).

- 21 investors
- 6 with a fund filing or dated deal in the last 12 months
- 61 named decision-makers on file

## First 10 of 21 startup investors in Madrid

| Investor | Type | HQ | Stages (our research) | Focus (our research) | Latest fund or deal | Fund size | Checked | Profile |
|---|---|---|---|---|---|---|---|---|
| Adara Ventures | VC firm | Madrid, Spain | Seed, Series A, Growth | Deep Tech, AI, Cybersecurity, B2B | New deal, Oct 2026 | €350M (own site) | 2026-11-07 | https://theinvestordatabase.com/investors/adara-ventures-sgeic-s-a/ |
| CRB Health Tech | VC firm | Madrid, Spain | Seed, Series A | Healthtech, Biotech, Medtech | New fund, Oct 2026 |  | 2026-11-07 | https://theinvestordatabase.com/investors/crb-health-tech-s-g-e-i-c-s-a/ |
| Swanlaab Venture Factory | VC firm | Madrid, Spain | Pre-seed, Seed, Series A | Agritech, Food and Beverage, AI, SaaS | Portfolio news, Oct 2026 |  | 2026-11-07 | https://theinvestordatabase.com/investors/swanlaab-venture-factory/ |
| Axon Partners Group | VC firm | Madrid, Spain | Seed, Series A, Series B, Growth, Late stage | Climate Tech, Deep Tech, SaaS, Fintech | New deal, Aug 2026 |  | 2026-11-07 | https://theinvestordatabase.com/investors/axon-partners-group/ |
| Mundi Ventures | VC firm | Madrid, Spain | Seed, Series A, Series B, Growth | Deep Tech, Insurtech, Climate Tech, Fintech | New deal, Oct 2026 |  | 2026-11-07 | https://theinvestordatabase.com/investors/alma-mundi-ventures-sgeic-sa/ |
| Cardumen Capital | VC firm | Madrid, Spain | Pre-seed, Seed, Series A | Deep Tech, AI, Cybersecurity, Food and Beverage | New fund, Oct 2025 | $400M (own site) | 2026-11-07 | https://theinvestordatabase.com/investors/cardumen-capital-sgeic-s-a/ |
| Buenavista Equity Partners | Fund manager | Madrid, Spain | Seed, Series A, Growth | Deep Tech, Biotech, Healthtech, AI |  | €1.0B (own site) | 2026-11-07 | https://theinvestordatabase.com/investors/buenavista-equity-partners/ |
| Kanoar Ventures (K Fund) | Fund manager | Madrid, Spain | Pre-seed, Seed, Series A | Generalist, SaaS, Climate Tech | New fund, Jul 2026 |  | 2026-11-07 | https://theinvestordatabase.com/investors/kanoar-ventures-sgeic-s-a/ |
| AXIS (ICO Group) | Government or university fund | Madrid, Spain | Growth, Any stage | Generalist, Deep Tech, Healthtech, Climate Tech |  | €12.2B (own site) | 2026-11-09 | https://theinvestordatabase.com/investors/axis-participaciones-empresariales-sgeic-sa/ |
| TravelTech.VC (Travel Tech 2 FCRE) | VC firm | Madrid, Spain | Series A, Growth | B2B, SaaS | New fund, Jul 2025 | €50M (own site) | 2026-11-07 | https://theinvestordatabase.com/investors/travel-tech-2-smart-investments-fcre-sa/ |

You are seeing 10 of 21. The full list adds 11 more investors and 61 named decision-makers.

Get all 21 investors and 61 named contacts, $49, one-time: https://theinvestordatabase.com/buy/list/investors-in-madrid
This page: https://theinvestordatabase.com/lists/investors-in-madrid/

## Method and limits
- Source: No row on this list rests on an SEC filing. All 21 have a website we checked. Filing date and fund size are SEC data where a filing exists. Stage, sector and check size are our research.
- Inclusion rule: Organizations that back startups. Individuals, buyout funds and firms we found to be inactive are left out. Place: an office in Madrid.
- Order: Activity score out of 100: recency of the latest fund filing or dated deal (50: full marks within 3 months, then stepping down at 6, 12 and 24 months), size of the fund on file on a log scale (35) and completeness of the public record (15). It is a measure of activity and fit, not of quality or returns.
- Fill rates: Of 21 rows: stage 20, sector 21, fund size 10, website 21. In the paid file: named decision-makers on 16 rows, firm email on 11, LinkedIn page on 14, check size on 8.

## Questions
### How many startup investors are in Madrid?
We list 21 as of November 2026. 6 of the 21 have a fund filing or a dated deal in the last 12 months. By type: VC firm (13), Fund manager (2) and Corporate VC (2).

### Which startup investors in Madrid were active in the last 12 months?
None of the 21 has a fund filing dated in the last 12 months on file; 6 have other dated activity in that time (fund announcement, new deal and portfolio news), most recently Swanlaab Venture Factory (portfolio news, Oct 2026), Adara Ventures (new deal, Oct 2026) and CRB Health Tech (fund announcement, Oct 2026).

### What stages do startup investors in Madrid back?
Of the 20 with a stage on file, seed (18), Series A (11) and pre-seed (8). A firm can back more than one stage, and 1 row has no stage on file yet.

### Where does the data on startup investors in Madrid come from and how often is it updated?
All 21 rows were checked on the firm's own website, with official registers and national venture capital association directories as the starting point. Filing date and fund size come from the filing. Stage, sector and check size are our research. Rows on this list were last checked on 9 Nov 2026 at the latest. The whole file is re-verified twice a year.

### Can I download the list of startup investors in Madrid as a spreadsheet?
Yes. The file holds all 21 rows in Excel and CSV, with 61 named decision-makers and 11 firm emails, for $49 one-time. 10 rows are free on this page.

