Cabiedes & Partners

www.cabiedesandpartners.com ↗ ·Madrid ·Invests Pre-seed – Seed

Madrid-based seed-stage venture capital firm founded in 1998 by father-and-son investors José and Luis Martín Cabiedes, focused on early-stage internet, consumer, and fintech startups primarily in Spain. The firm typically writes first institutional checks and acts as a hands-off, capital-efficient investor. Notable exits/portfolio include BlaBlaCar (unicorn), Idealista, Privalia, Gigas (IPO), and Olé (acquired by Facebook).

Tracked portfolio

Team

AUM

n/a

Rounds

Cheque

€100K–500K

SectorsInternet, Consumer/B2C, Fintech, E-commerce, Marketplaces VC MapSeed

portfolio by sector23

Marketplace & E-commerce7 Fintech4 Healthtech & Bio2 Consumer2 Legaltech2 6 more sectors6

deals by stage43

Pre-seed11 Seed23 Series A4 Series B2 Series C1 Series D1 No stage disclosed1

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Team

Partners 2 Others 2

José Martín Cabiedes

Founder & Managing Partner

Luis Martín Cabiedes

Partner

Angel · 3 rounds →

Also at Zubi Capital →

Portfolio companies 42

Open 23 as list → On map →

Recent A–Z

Marketplace & E-commerce Seed

entered at Seed, 2021

Insurtech Series A

Hamelyn

entered at Seed, 2021

Marketplace & E-commerce Series A

Scoolinary

entered at Seed, 2021

Edtech Seed

Moonoa

entered at Seed, 2021

Healthtech & Bio Seed

Invitadisima

led Pre-seed, 2021

Marketplace & E-commerce Pre-seed

Legal Pigeon

entered at Pre-seed, 2021

Legaltech Pre-seed

Laagam

led Pre-seed, 2020

Marketplace & E-commerce Pre-seed

Wetaca

led Seed, 2016

Foodtech & Agtech Seed

Proptech & Construction Pre-seed

entered at Pre-seed, 2017

Marketplace & E-commerce Pre-seed

Indexa Capital

entered at Seed, 2015

Fintech Seed

Cuidum

led Seed, 2016

Healthtech & Bio Seed

Deporvillage

entered at Pre-seed, 2011

Marketplace & E-commerce Series B

Novicap

entered at Seed, 2015

Fintech Seed

Funidelia

entered at Pre-seed, 2013

Marketplace & E-commerce Pre-seed

ByHours

led Pre-seed, 2013

Travel & Hospitality Series B

Nextclima

Energy & Climate

Exited or sunsetted (19)

Assembler School

led Seed, 2020

Closed in 2025

Tiko

entered at Series A, 2021

Closed in 2025

Habitissimo

entered at Seed, 2012

Acquired by HomeServe, 2017

Bankimia

per company site

Acquired by Bauer Media Group, 2019

Bellahora

per company site

Acquired by Miora (now BEWE), 2016

ClinicPoint

per company site

Acquired by Aegon, 2024

Comunitae

per company site

Closed in 2018

Ducksboard

per company site

Acquired by New Relic, 2014

Floqq

per company site

Closed

Joinup

per company site

Acquired by Eysa, 2026

Nubelo

per company site

Acquired by Freelancer.com, 2016

Percentil

per company site

Acquired by MySize, 2025

Saluspot

per company site

Closed in 2016

Tiendeo

per company site

Acquired by ShopFully, 2022

Trovit

per company site

Acquired by NEXT Co. (LIFULL), 2014

Uvinum

per company site

Acquired by Pernod Ricard, 2018

Vivadogs

per company site

Closed in 2021

We Are Knitters

per company site

Acquired by Caracas Lab, 2025

Zyncro

per company site

Acquired by Desarrolladora Río Paraná, 2014

Funding rounds 43

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Date	Company	Round	Amount	Lead
2025-10	Nextclima	Buyout	—	Lead unknown +9 more
2024-02-27	Cocunat	Series A (estimated)	€6M	Lead not disclosed +1 more
2023-04-18	Tutrocito	Seed (estimated)	€500K	EONIQ, 4Founders Capital, Cabiedes & Partners
2022-07-26	Project Lobster	Seed (estimated)	€1.5M	Dozen Investments +4 more
2022-03-29	Assembler School	Seed (estimated)	€1M	Lead not disclosed +3 more
2022-03-10	Baluwo	Seed (estimated)	€2M	Creas +4 more
2021-10-20	Tuio	Seed	€450K	Lead not disclosed +4 more
2021-10-19	Hamelyn	Seed	€1M	Lead not disclosed +3 more
2021-09-10	Scoolinary	Seed (estimated)	approximately €1M	Lead not disclosed +3 more
2021-07-19	Tiko	Series A	$65M incl. debt: equity and debt, the split was not disclosed	Lead not disclosed +3 more
2021-05-27	Moonoa	Seed	€1.54M	SeedRocket 4Founders Capital +9 more
2021-03-23	Invitadisima	Pre-seed (estimated)	€120K	Cabiedes & Partners
2021-01-25	Legal Pigeon	Pre-seed (estimated)	€200K	Lead not disclosed +3 more
2020-12-22	Laagam	Pre-seed (estimated)	€300K	Cabiedes & Partners +1 more
2020-09-24	Assembler School	Seed (estimated)	approximately €800K	Cabiedes & Partners +4 more
2020-03-23	Wetaca	Seed (estimated)	€275K	Lead not disclosed +3 more
2020-02-14	Kantox	Series D (estimated)	€8M	BNP Paribas +4 more
2019-07-05	Project Lobster	Pre-seed (estimated)	€300K	Cabiedes & Partners +2 more
2019-03-28	Rentuos	Pre-seed (estimated)	€300K incl. debt: equity and debt, the split was not disclosed	Cabiedes & Partners
2018-03-14	Reclamador.es	Seed	€1.5M	Lead not disclosed +9 more
2018-03	Rentuos	Pre-seed (estimated)	€150K	Lead not disclosed +5 more
2018-01	Cocunat	Seed	€2M	Cabiedes & Partners
2017-12-18	Celebrents	Pre-seed (estimated)	€400K	Lead not disclosed +10 more
2017-11-15	Baluwo	Seed (estimated)	€600K	Cabiedes & Partners +4 more
2017-08-07	Kantox	Series C (estimated)	€5M	Lead not disclosed +4 more
2016-12-01	Indexa Capital	Seed (estimated)	€1M	Lead not disclosed +5 more
2016-10-03	Cuidum	Seed	approximately €500K	Cabiedes & Partners +2 more
2016-09	Wetaca	Seed	€350K	Cabiedes & Partners
2016-07	Deporvillage	Series B	€3.5M	Lead not disclosed +6 more
2016-01	Habitissimo	No stage disclosed	—	Lead not disclosed +1 more
2015-12-15	Indexa Capital	Seed	approximately €1M	Lead not disclosed +7 more
2015-09-21	Novicap	Seed	$1.7M	Techstars Ventures +4 more
2015-07-15	Deporvillage	Series A	€3.8M	Samaipata Ventures +6 more
2015-07-07	Funidelia	Pre-seed (estimated)	€300K	Big Sur Ventures-Necotium +1 more
2015-05-27	Kantox	Series B	€10.4M	Partech Ventures +3 more
2014-11-25	Cocunat	Seed	€300K	Cabiedes & Partners +1 more
2014-07-15	Traventia	Seed	€210K	Cabiedes & Partners +3 more
2014-02-10	Kantox	Series A	€6.5M	Partech Ventures, Idinvest Partners +1 more
2013-10-10	Reclamador.es	Seed	€0.5M	Cabiedes & Partners +14 more
2013-07-17	ByHours	Seed	€550K	Caixa Capital Risc +1 more
2013-06-14	Funidelia	Pre-seed (estimated)	€300K	Big Sur Ventures-Necotium +1 more
2013-01-18	ByHours	Pre-seed (estimated)	€300K	Cabiedes & Partners
2012-09-04	Kantox	Seed	€1M	Cabiedes & Partners +3 more
2012-05	Habitissimo	Seed	€300K	Lead not disclosed +4 more
2011-07-18	Deporvillage	Pre-seed (estimated)	€350K	Lead not disclosed +10 more
—	Traventia	Seed	approximately €300K	Lead unknown +2 more

Often invests with 36

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4Founders Capital 6 Partech 5 Big Sur Ventures 4 Eurazeo 4 Faraday Venture Partners 3 Abac Nest 2

News 5

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Published	Article
2025-05-12	La 'reina' de las lanas, We Are Knitters, entra en concurso con ofertas de rescate ↗ El Economista 2025-05-12
2024-09-18	Meet Luis Martín Cabiedes: Investor and Senior Lecturer of Entrepreneurship ↗ IESE Business School Blog 2024-09-18
2024-06-18	Luis Martín Cabiedes: "Los sectores regulados son peligrosos" ↗ Idealista/news 2024-06-18
2024-05-03	Interview: José Cabiedes, Serial Investor in Search Funds ↗ Search Funds News 2024-05-03
2024-02-12	Un paseo con Luis Martín Cabiedes ↗ CEEI Valencia / EmprenemJunts 2024-02-12