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Private Equity Funded Startups in Spain

Across the 11 most recent Spain private equity rounds shown, only three disclosed amounts appear above $100M: Seedtag ($254M on 2022-07-27) and Civitatis (…

Across the 11 most recent Spain private equity rounds shown, only three disclosed amounts appear above $100M: Seedtag ($254M on 2022-07-27) and Civitatis ($109M on 2022-04-07), with the next disclosed high being Eranovum at $28M (2022-06-15). Seedtag’s $254M dwarfs the remaining disclosed rounds, while the disclosed low is Defeder’s $100K (2021-12-20), creating a wide spread between disclosed outliers.

Most entries cluster in a tight historical window around mid-2022: 2022-04-07 through 2022-07-27 includes 7 of the 11 rows (Civitatis, Dogfy Diet, Eranovum, Further Group, Seabery, Chef Sam, Seedtag). City concentration is also visible around Madrid (Laberit 2025-09-25 is Valencia-based, but Madrid appears repeatedly with Seedtag 2022-07-27, Civitatis 2022-04-07, and Eranovum 2022-06-15), while the dataset’s most recent round is NOX Sports on 2025-10-14, and the oldest disclosed amount is Defeder on 2021-12-20.

Most recent rounds

11 shown
N
NOX Sports
Esplugas De Llobregat, Spain · Sports, Consumer Goods, Retail
Private Equity · Oct 2025
Undisclosed
L
Laberit
Valencia, Spain · Information Technology, Artificial Intelligence (AI), Augmented Reality, Cloud Computing, Data, Marketing, Public Sector, Software Quality, Supply Chain
Private Equity · Sep 2025
$12M
N
Negratin
Peligros, Spain · Energy, Mechanical Engineering
Private Equity · Sep 2025
Undisclosed
C
Chef Sam
Barcelona, Spain · Food and Beverage
Private Equity · Sep 2022
Undisclosed
S
Seedtag
Madrid, Spain · Advertising
Private Equity · Jul 2022
$254M
S
Seabery
Pesquero, Spain · Education
Private Equity · Jul 2022
Undisclosed
E
Eranovum
Madrid, Spain · Energy
Private Equity · Jun 2022
$28M
F
Further Group
Madrid, Spain · Financial Services
Private Equity · Jun 2022
Undisclosed
D
Dogfy Diet
Barcelona, Spain · Agriculture and Farming
Private Equity · Jun 2022
$3.2M
C
Civitatis
Madrid, Spain · Internet Services
Private Equity · Apr 2022
$109M
D
Defeder
Huesca, Spain · Agriculture and Farming
Private Equity · Dec 2021
$100k

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Frequently asked

Which disclosed private equity rounds are the largest, and how do they compare to the rest of the disclosed amounts shown?

Seedtag’s $254M (2022-07-27) is the largest disclosed amount, far above Civitatis at $109M (2022-04-07) and well above Eranovum at $28M (2022-06-15). The smallest disclosed amount is Defeder’s $100K (2021-12-20), highlighting a large gap between the top and bottom disclosed figures.

Is there a concentration in time, or are these rounds spread evenly across years?

They are concentrated: 7 of the 11 rows fall between 2022-04-07 (Civitatis) and 2022-07-27 (Seedtag). The list also includes a clear outlying recent entry at the other end with NOX Sports on 2025-10-14.

Do any cities appear repeatedly, suggesting a geographic cluster within Spain?

Madrid-based deals recur more than any other named city in the rows: Seedtag (Madrid, 2022-07-27), Civitatis (Madrid, 2022-04-07), and Eranovum (Madrid, 2022-06-15). Other cities (Barcelona/Catalonia, Valencia, Huesca, Aragon, Valencia) show up fewer times.

How often are deal sizes undisclosed versus disclosed in this private equity sample?

Undisclosed amounts dominate the listing: 4 of the 11 rows are marked undisclosed (NOX Sports 2025-10-14; Negratin 2025-09-18; Chef Sam 2022-09-12; Further Group 2022-06-07; plus Seabery 2022-07-19 is also undisclosed), while 6 rows show disclosed amounts ($12M Laberit 2025-09-25; $254M Seedtag 2022-07-27; $28M Eranovum 2022-06-15; $3M Dogfy Diet 2022-06-06; $109M Civitatis 2022-04-07; $100K Defeder 2021-12-20).

Are there sector clusters (e.g., agriculture/energy) or does sector coverage look fragmented?

Energy appears in 2 entries (Negratin 2025-09-18; Eranovum 2022-06-15) and Agriculture/Farming appears in 2 entries (Dogfy Diet 2022-06-06; Defeder 2021-12-20), so the sample looks more fragmented than clustered by sector rather than dominated by one repeated theme.

Which entries form the most recent cluster (by date), and what does that imply about the latest wave?

The two most recent rounds are close in time: Laberit ($12M on 2025-09-25) and Negratin (undisclosed on 2025-09-18), followed by NOX Sports (undisclosed on 2025-10-14). This creates a late-2025 cluster of three entries, distinct from the heavier mid-2022 concentration (2022-04-07 to 2022-07-27).

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