Cuatrecasas‘ venture capital practice operates as a unified national team enabling strong collaboration across Spain’s key tech and entrepreneurial hubs, including Madrid, Barcelona, Valencia, Málaga, and the Basque Country. Major domestic and international VC funds, corporate venturing vehicles, start-ups and their founders turn to the firm for assistance with the full scope of VC deals, from seed investments to exits. Diana Rivera, who specialises in VC and PE transactions involving the tech, banking, energy and pharma sectors, oversees the venture capital group from Madrid. In the same office, Amador Rodríguez stands out at the associate level for his involvement in VC investments and divestments. Isabel Gandoy is a key partner-level contact in Barcelona for VC firms, strategic investors and VC-backed companies in the tech, media, entertainment, financial services and retail spaces.

The venture capital practice at Gómez-Acebo & Pombo acts for a diverse client base, including private equity firms, hedge funds, alternative investment funds, and distressed funds, providing support across the entire investment cycle. Beyond handling investment rounds, the team demonstrates strong expertise in fund formation, regulatory and tax structuring, financing, and tech-focused M&A. The practice is co-led by Álvaro Mateo, who specialises in strategic M&A, PE, and VC transactions, and David González, a key adviser to both investors and emerging-growth companies. Alex Pujol is another notable figure in the group, bringing significant experience in PE and VC transactions, fund formation, leveraged financings, and venture debt.

Recognised for its ‘very deep knowledge of the venture capital sector in Spain‘, Pérez-Llorca boasts ‘decades of experience in a multitude of transactions‘ acting on behalf of VC funds, founders, and start-ups. The team is well equipped to handle all aspects of VC mandates, including fund formation, the entire spectrum of investment rounds, and exits. Practice head Pedro Fernández - who ‘is able to understand the needs of foreign firms involved in local deals and translate them into Spanish law in such a way that the interests of investors are clearly and precisely reflected‘- is frequently sought after by VC funds and start-ups for guidance on re-domestication processes and investment rounds. María Rodríguez provides essential support in VC and corporate matters.

Focused on three core areas, namely venture capital, venture debt and corporate venture capital, Bird & Bird‘s practice is adept at advising investors, start-ups, scaleups and CVCs on fundraising and investment rounds, and venture debt financings, with a particular emphasis on the tech and IT sectors. With extensive experience in the VC space, co-head Lourdes Ayala advises fast-growing companies and investors on the life cycle of investments. Fellow co-head José Luis Lorente focuses on fintech matters, while Alberto Rodriguez is the name to note for search fund mandates.

With a strong presence in the tech, biotech, healthcare and science sectors, the innovation and entrepreneurship arm of DWF-RCD handles the full spectrum of venture capital matters, including funding rounds and M&A, for investors and emerging-growth businesses. Ignasi Costas, a seasoned practitioner focused on the PE and VC segments, jointly oversees the department with Adolf Rousau, who brings a wealth of experience in corporate and M&A. Also part of the core team, David Villa is noted for his proficiency in fund formation matters and transactions in the VC space.

Garrigues is a popular destination for domestic and international investors, including foreign private funds and corporate venture builders, seeking comprehensive advice on the structuring of financing rounds, primary investments and minority deals. Noted for being ‘extremely creative in facing new problems and challenges’, the group stands out for its geographical footprint in Madrid and Barcelona and its key presence in emerging tech and entrepreneur hubs, such as Valencia, Málaga and Seville. José Manuel Martín oversees the private equity practice, where José Luis Ortín takes the lead on VC, start-ups and open innovation work. Gonzalo Valencia advises on VC investments in the energy segment. José Manuel Simón is another contact for financings and investment rounds in the VC space.

Based in Barcelona, Delvy Law & Finance assists start-ups, tech companies and investors with funding rounds, shareholder agreements, share capital increases and M&A. Josep Navajo Ferrer is proficient in funding rounds and M&A transactions in the tech sector. He oversees the practice with Pablo Mancia, a key contact for entrepreneurs, and Helena Checa, who is often sought out by start-ups and emerging growth businesses.

Singled out for its strong track record in the deep tech sector, Estudio Juridico Ejaso is well placed to advise start-ups, scaleup companies and investors on a range of investment transactions, including early to late-stage funding rounds, as well as strategic alliances and M&A. The team is under the joint leadership of three practitioners: José Ignacio Saldarriaga Alonso is a key contact for start-ups and investors seeking advice on VC deals in the tech and big data industries; César Espert Rodríguez assists VC funds and entrepreneurs with investment rounds; and Daniela Leal Vargas focuses on M&A and VC transactions involving tech and digital businesses.

The ‘agile, dynamic, and results-driven’ Lawesome Legal Services stands out for its ‘ability to offer innovative, agile and highly customised solutions’ to investors and start-ups involved in venture capital and corporate transactions. With a solid footprint in the Basque Country, the Bilbao-headquartered firm plays a key role in deals of both regional and national significance. Mikel Mendiola, who leads the M&A and VC practices, is regarded for his expertise at the intersection of technology and entrepreneurship. Xabier Álvarez, head of the firm’s expansion and innovation division, is the trusted adviser to several start-ups, investment funds, and major corporations.

Founded in 2012, venture capital and tech law boutique LETSLAW is regularly sought out by start-ups, technology companies, business angels and investment funds for its proficiency in VC investments, due diligence, risk assessments, corporate governance, and compliance issues. Founder and managing director José María Baños Pita specialises in corporate, IT, IP and data protection law. Alberto Zúñiga Cotobal, a name to note for corporate, IP and IT matters, is especially active in the biotech, fintech, media, tech and telecoms sectors.

With a strong following of both investors and entrepreneurs, Lexcrea is well equipped to advise on fundraising and investment rounds, fund structuring, M&A and disposals in the venture capital and private equity sectors. Founding partner Silvia Martínez Losas acts for a variety of VC funds, start-ups, and international investors. Key support is also offered by Alejandro Safont, who has a wealth of experience in fund structuring mandates.