Practical Guide to Getting Started with Startup Investing
In this monograph, we explore how to get started with investing in startups—an increasingly accessible way to diversify your portfolio and engage with innovative projects. Discover the most suitable investment vehicles, key strategies to minimize risk, and how to become part of Spain’s vibrant entrepreneurial ecosystem.
Startup investing is no longer a space reserved for large funds or professional investors. Today, thanks to models like equity crowdfunding and business angel networks, anyone with interest and a well-defined strategy can take part in the growth of high-potential emerging companies.
Spain has established itself as one of the most dynamic ecosystems in Europe. In 2024, investment in startups reached €3.1 billion—36% more than the previous year—according to the Startup Ecosystem Observatory by the Bankinter Innovation Foundation (2025). This growth reflects a higher level of investor professionalism and a strong focus on sectors like fintech, health, and mobility.
In this context of expansion and openness, new investment pathways are emerging that allow less experienced individuals to actively participate in the ecosystem. Equity crowdfunding stands out as the most accessible route for first-time investors. Through regulated platforms, it’s possible to invest from as little as €500 in pre-vetted startups, reducing risk and making diversification easier. This model has democratized access to startup investing, enabling thousands of people to support innovative projects without needing large amounts of capital.
On the other hand, business angels contribute not only funding but also experience, networks, and strategic guidance. While this path requires greater involvement and knowledge, it’s a natural next step for those looking to deepen their engagement and have a more direct impact on startup teams.
These are the expert voices featured in this monograph:
- Alberto Andújar, Director of BIGBAN, Spain’s national business angel network, recognized by Forbes as one of the 25 ideas that will shape 2025.
- Raquel Bernal Alonso, Managing Partner at Draper B1, specializing in early-stage investments and co-founder of several startups.
- Laura Caballero, Associate Director at IESE Business School, expert in investor education and ecosystem analysis.
- Marisol Santana, CEO of WA4STEAM, a network of women investors backing women-led projects in STEAM sectors.
- Guillermo Soto Ugalde, Managing Partner at Pinama Capital and COREangels Madrid, with extensive experience in entrepreneurship and investment.
- Pedro Trucharte, Managing Partner at BAN madri+d and board member of AEBAN, with deep expertise in seed capital.
Investing in startups requires education, patience, and a mindset open to risk and continuous learning. It’s advisable to start with small tickets, diversify, focus on familiar sectors, and build a strong network.
With the right knowledge and strategy, anyone can become part of the innovative entrepreneurial ecosystem, contribute to startup growth, create impact, and access long-term return opportunities.
Download the full monograph at the bottom of the page and take your first step toward investing in innovative companies!
A practical guide to start investing in startups
Format: .pdf. 1.22 MB