Spain startup funding in Q1 2012

European tech funding raised by Spain startups during Q1 2012.

In Q1 2012, 25 startups in Spain closed 27 funding rounds and raised €27M in equity funding (excluding debt and grants), up 85.0% versus Q1 2011. E-commerce was the most active sector, and Cabiedes & Partners was the most active investor. Data as of 6 Nov 2026.

Equity funding

€27M

+85.0% vs Q1 2011 · excl. debt & grants

Funding rounds

+145.5% vs Q1 2011

Companies

Top sector

E-commerce

Rank in Europe

3.6% of European funding

Top-10 round share

95.0%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jan	€13M	17
Feb	€1.6M	4
Mar	€12M	6

Top sectors

by € raised

Data table

	Spain — top sectors by capital, Q1 2012
Fashion	€6.7M
Marketing	€6.7M
Legaltech	€4.0M
E-commerce	€3.5M
Travel	€3.4M
Software	€3.0M
Fintech	€1.0M
Media	€1.0M

Stage mix

by € raised

Data table

	Spain — stage mix, Q1 2012
Series A	€9.8M
Early VC	€5.0M
Seed	€5.0M
Other	€4.2M
Series B	€2.6M

Top deals

largest disclosed rounds in Q1 2012

Company	Stage	Date	Amount
Nasty Gal	Series A	Mar 2012	€6.7M
vLex	Early VC	Jan 2012	€4.0M
Plenummedia	Other	Jan 2012	€3.6M
Blink Booking	Seed	Mar 2012	€3.3M
Plenummedia	Series A	Jan 2012	€3.1M
Zyncro	Series B	Feb 2012	€1.6M
NicePeopleAtWork	Early VC	Mar 2012	€1.0M
Comunitae	Series B	Jan 2012	€1.0M
FRESS	Seed	Mar 2012	€521k
Spotbros	Other	Jan 2012	€405k
Knok	Seed	Jan 2012	€251k
Knok	Seed	Jan 2012	€232k
Camaloon	Seed	Jan 2012	€200k
LaCommunity	Seed	Jan 2012	€155k
Emtrics	Seed	Jan 2012	€124k

View all 27 Spain deals in Q1 2012 →

Top investors

most active in Q1 2012, by deal count

← All 2012 Spain funding