Investor

BackFund

backfund.vc ↗ ·Madrid ·Early stage ·Actively investing

BackFund is a Madrid-based, founder-first venture capital firm investing at the earliest stages (pre-seed to seed) in deep-tech startups across Europe, with focus areas including AI & quantum infrastructure, energy transition, spacetech, and agrotech. Through its BackFund I fund (2021-2024) it backed 16 seed-stage startups out of 1,500+ applications, supporting founders with capital plus hands-on mentoring from a network of 100+ backers.

Portfolio

Team

AUM

n/a

Rounds

Cheque

€50-150K

SectorsDeep tech, AI & quantum infrastructure, Energy transition, Spacetech, Agrotech VC MapPre-seed

Profile updated 18 Jul 2026

Team

Partners 1 Investment Team 1 Others 2

Karel Escobar

Managing Partner

Portfolio companies 11

airCO2

airco2.earth

Company Seed Pontevedra

Balio

balio.app

Company Seed Barcelona

Cober

cober.io

Company Pre-seed Málaga

Company Seed Barcelona

Ordatic

ordatic.com

Company Seed Valencia

QCentroid

qcentroid.xyz

Company Pre-seed Bilbao

Company Pre-seed Málaga

WitSound Technologies

witsound.com

Company Pre-seed Barcelona

Funding rounds 4

SegurosIA · Pre-seed · €150K

Málaga-based insurtech SegurosIA raised €150,000 from Eoniq.fund, with Backfund and angel investor Juanjo Mostazo, to accelerate its agentic…

2025-04-07

Imageryst · Seed · €700K

Imageryst, an Asturias-based SaaS platform that extracts geospatial information (buildings, roads, plots, vegetation) from satellite imagery…

2024-03-19

Emocional · Pre-seed · €400K

HR tech startup Emocional, which uses deep learning, computer vision and NLP to detect employees' emotional state and recommend wellbeing me…

2023-01-25

Ordatic · Seed · €500K

Ordatic brings delivery-platform orders straight into restaurants' point-of-sale systems. It raised more than €500K co-led by Inveready and …

2021-11-03

News & media 3

Published	Article
2026-04-15	Karel Escobar Sánchez \| BackFund ↗ Startups Oasis
2024-06-18	Back Fund cierra un fondo de un millón de euros y una cartera de 16 'startups' ↗ Forbes España
2024-03-20	Imageryst closes €700,000 funding round to democratize access to satellite data ↗ Imageryst (press release)