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 .
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 tech that position them to capture outsized returns.
Using CB Insights predictive signals, we analyzed which investors are building the strongest foundations for portfolio success. Below, see our picks for the top 50 venture investors in Spain, key takeaways on the list, and a note on methodology.
Venture firms — make sure we’re representing your full portfolio by reaching out to [email protected] to set up a review of CB Insights’ coverage of your investments.
Key takeaways
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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.
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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).
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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).
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, and rank them based on the strength and performance of their portfolios.
Our scoring model factors in deal volume between Q1’23 and Q3’25 and the share of portfolio companies invested in since 2018 that have gone on to exit. We exclude government vehicles, startup accelerators, incubators.
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