Investment objective
Companies with a high growth potential
Investment Criteria
Target size of investments
Will vary depending on the stage and type of the company.
In general terms, the amount of the first investment can range as follows:
- Companies with a proven track record: €500-1,000k
- Series A: €500-750k
- Seed and early stage phase: €150-250
We are open to do follow-on investments, reaching up to a maximum of €1,500k per company.
Geographical focus
Spain and Europe
Investment philosophy
Our philosophy
Our philosophy is to help companies in the process of scaling their business.
Our restrictions in terms of sector are that we do not invest in real estate or in the biomed and biotech sectors.
What we look for
We focus mainly on companies whose products, services or business models have a digital component.
We are particularly interested in companies that are applying new technologies to established industries.
We look for companies that already have a validated product, a defined, proven and scalable business model and that seek funds to accelerate their growth. This growth can take several forms: increase their share of their current markets, develop their business in another region or extend their offering with new products that meet additional needs of their customers. In some cases, we also consider companies whose business model is still in the process of validation but that already have a technology, a product and a clearly defined and validated use case.
What we value
We will assess and evaluate several aspects of a company: its product, market, competition, team and its evolution over time. Some specific aspects that are important to us are:
- What elements are differential and what value they provide to the user and client
- The existence of a general trend that favours the company’s business
- If the product can become a reference for its specific target clients
- The vision that the company has about its market, its business opportunity and how the team reflects this vision in the business plan
- The integrity, dedication, commitment and experience of the founding team.
How we analyse opportunities
Our obligation is to analyse all opportunities that we receive, both directly and through our network.
We have defined a process of analysis that is divided into 3 stages. Throughout the process, we usually have several meetings and calls with the entrepreneurs to learn about their vision and trajectory, and to understand their product and business model. We analyse in detail the financial model and the hypotheses that support the business plan. We want to understand in what way the business plan is a roadmap for the entrepreneurs, how they have assessed the resources they will need and how the business plan’s hypothesis reflects the team’s vision about their opportunity.