Madrid-based venture capital firm Kibo Ventures has secured €100 million for Fund IV, with a final target of €120 million, supported by a strong group of institutional investors, corporates, family offices, and long-term partners.
- Kibo Ventures is a Madrid- and Barcelona-based venture capital firm founded in 2012 that invests in early-stage European technology companies. It typically leads or co-leads seed and Series A rounds with initial cheques of €2 million to €6 million, targeting minority stakes.
- The firm focuses on B2B and deep-tech sectors, including AI and data infrastructure, cybersecurity, robotics, and vertical software, with an emphasis on companies that can scale internationally, particularly into the US
- Kibo Ventures has backed more than 70 companies, including four unicorns and one IPO, and has completed over 14 exits. The firm manages over €500 million in assets, including Nzyme, a €200 million technology-focused private equity fund following a buy-and-build strategy.
- Fund IV, Kibo’s latest fund, aims to support early-stage European tech companies, particularly in deep tech and B2B software, and help founders expand globally.
- Its first two investments are THEKER Robotics, which develops autonomous robots for complex industrial tasks, and anyformat, an AI platform that helps large companies turn complicated documents into organized, usable data.
