The top 50 Spain venture investors
Roughly 800 Spain investors backed equity deals this year so far, creating a competitive landscape where strategic positioning is crucial. To differentiate themselves, top firms like Kibo Ventures are aggressively pursuing deals in high-growth areas like AI, industrials, and climate … The post The top 50 Spain venture investors appeared first on CB Insights Research .
In a competitive landscape where strategic positioning is crucial, roughly 800 Spain investors backed equity deals this year so far. To differentiate themselves, top firms like Kibo Ventures are aggressively pursuing deals in high-growth areas such as AI, industrials, and climate tech, positioning them to capture outsized returns. Using CB Insights predictive signals, we analyzed which investors are building the strongest foundations for portfolio success. Below, we present our picks for the top 50 venture investors in Spain, key takeaways on the list, and a note on methodology.
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Key takeaways:
Kibo Ventures leads our ranking with 33 startup deals since 2023 (as of 9/30/2025). Of those, over one-fifth went to AI companies, including sustainability intelligence platform Clarity AI and industrial robotics startup Theker. Kibo Ventures also shows the best exit track record, backing 12 startups since 2018 that went on to exit. The biggest exits across the fund include monthly car subscription service Bipi (acquired by RCI Banque) and global payment platform Flywire (IPOed May 2021).
Ysios Capital Partners leads in terms of the quality of its recent investments. Its investments since 2023 have a higher average Mosaic score (715 out of 1,000) than any other investor on the list. Top performers in its portfolio include regenerative medicine startup Neurona Therapeutics (747; develops off-the-shelf cell therapies for neurological disorders like epilepsy) and genetic medicine company SpliceBio (723; $196M in total funding from co-investors like Novartis Venture Funds).
Methodology:
We used CB Insights predictive signals to review the dealmaking activity of hundreds of Spain investors that fund private-market startups in exchange for equity. Investors were ranked based on their performance, strategic positioning, and the quality of their investments. The list reflects the investors' activities since 2023, with a focus on their dealmaking, exit track record, and the Mosaic scores of their portfolio companies.
In conclusion, the top 50 Spain venture investors are shaping the future of high-growth sectors such as AI, industrials, and climate tech. Their strategic positioning and commitment to quality investments are driving significant returns and establishing them as leaders in the competitive Spanish venture capital landscape. By tracking these investors' deals in real time, entrepreneurs and investors can gain insights into the most promising opportunities in the Spanish startup ecosystem.
