Investor

Conexo Ventures

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

Conexo Ventures is a Madrid-based venture capital firm investing in seed and early-stage B2B software startups that apply artificial intelligence to high-impact markets such as cybersecurity, healthtech, fintech, spacetech, and the future of work. It connects innovation from Spain, Portugal, and Latin America to the United States, helping founders scale across the Atlantic, and has backed 20+ companies including Feedzai, Kushki, Payflow, and Bnext.

Portfolio
16
Team
12
AUM
n/a
Rounds
14
Cheque
$0.5–10M
SectorsCybersecurity, Healthtech, Fintech, Spacetech, Future of Work, Artificial Intelligence VC MapSeries A

Profile updated 17 Jul 2026

Team

Damien Balsan
Partner
Isaac de la Peña
Partner
Nuno Sebastião
Advisor; CEO at Feedzai
Roy Thiele
Advisor; Partner at HighBar
Sergey Gribov
Advisor; Partner at Flint Capital
Epifânio da Franca
Advisor; Entrepreneur & Investor
Lorena Sánchez
Investment Director
Rafael Álvarez
Investment Director
Bertrand Moussel
Advisor; CTO at Valid
Elena González
Advisor; GM Europe at Coverwallet
Natalia Olson
Advisor; COO at RadicalXChange
Salvador Anglada
Advisor; CBO at Etisalat Group

Portfolio companies 16

Funding rounds 14

Xoople · Other · €22M
Xoople, the Madrid-based 'EarthAI' company building an AI-native Earth observation constellation, closed a €22M capital increase that lifts …
2025-07-30
Savana · Other · €4.56M
Clinical-AI company Savana, which applies validated clinical NLP to unstructured electronic health records, received €4.56M from CDTI Innova…
2025-06-05
Hotelverse · Series A · €5M
Hotelverse, which builds 'digital twins' of hotels so guests can pick their exact room, closed a €5M Series A led by GED Conexo Ventures wit…
2024-09-26
IENAI Space · Series A · €3.9M
Madrid spacetech IENAI Space raised €3.9M led by GED Conexo Ventures in a co-investment with Spain's CDTI Innovación (which committed €450,0…
2024-06-06
SummuS Render · Other · €105K
CDTI Innovación disclosed a €105K follow-on equity investment in cloud rendering company SummuS Render via its Innvierte vehicle, made along…
2024-02-15
Atani · Series A · $6M
Madrid-based crypto trading platform Atani raised $6 million (about €5.6 million) led by Mexican VC firm Cometa to launch its own regulated …
2023-10-24
Erudit · Series A · $10M
Erudit raised a $10 million (≈€9.4M) Series A backed by an investor group formed by Conexo Ventures, Athos Capital, Ignia Partners, True Blu…
2023-09-26
TROOP · Series B · €10M
Madrid-based TROOP, a platform for planning, booking and managing corporate meetings and events, closed an $11 million (c. €10 million) Seri…
2023-03-30
Payflow · Other
GED Capital entered the capital of on-demand-salary fintech Payflow through its venture arm GED Conexo Ventures, alongside retailer Mango; t…
2023-03-10
Galgus · Series B · €4M
Galgus, which develops Cognitive Hotspot Technology for intelligent WiFi and location analytics, raised €4M from GED Capital's Conexo Ventur…
2022-05-19
Savana · Series B · €23M
Savana, a Madrid healthtech applying clinical natural language processing (its EHRead technology) to turn free-text electronic health record…
2022-04-05
ClimateTrade · Seed · €7M
Valencia-based ClimateTrade closed an oversubscribed €7 million pre-Series A (structured as a convertible note) for its blockchain-based mar…
2022-01-24
TROOP · Series A · $8M
TROOP makes a platform for organising in-person business meetings. It raised an $8M Series A (about €6.8M) led by Madrona Venture Group, wit…
2021-09-29
SimpleCloud · Series A · €1M
SimpleCloud runs cloud virtual desktops for animation, video game and VFX studios. It raised about €1M, with GED Capital's Conexo Ventures f…
2020-08-10

News & media 5

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