Samaipata, a Spanish venture capital firm, has announced the launch of its third fund, Samaipata III, a €110 million fund aimed at backing European startups building AI-driven technology.
- Founded in 2016 by José del Barrio and Eduardo Diez-Hochleitner, Samaipata focuses on early-stage technology startups. The firm typically leads seed and early-stage investment rounds, backing companies that build scalable digital platforms, particularly in sectors such as SaaS, marketplaces, fintech and AI-driven software.
- Across its first two funds, Samaipata has invested in 44 startups across Europe, including Embat, Imperia and VIVLA in Spain, as well as Nory, Bigblue, Matera and Legl in other European markets. Its portfolio spans sectors such as logistics, property management, restaurant technology and financial software.
- With its latest vehicle, the €110 million Samaipata III fund, the firm plans to invest in around 25 to 30 AI-native startups. The fund will primarily target companies developing application-layer AI products and will focus on early-stage rounds across Spain and other European tech hubs including Germany, France and the United Kingdom.
“The last decade of European technology has been extraordinary, but in many ways it was only the beginning. AI and the new tools available to founders are expanding what small teams can build and how quickly they can scale. We believe the next decade will produce a new generation of globally relevant companies emerging from Europe,” explains José del Barrio, Founding Partner at Samaipata.
- Samaipata Fund III is backed by institutional investors such as Spanish Society for Technological Transformation (SETT) and Germany’s KfW, alongside Spanish family offices and founders from companies previously backed by the firm.
