F
Finaves
Finaves is IESE Business School's venture capital platform, founded in 2000 by Professor Pedro Nueno to invest in ventures born within the IESE community and Spain's broader entrepreneurial ecosystem. It invests sector-agnostically at seed and pre-Series A stages, typically alongside co-investing VCs, and has made 60+ direct investments totaling over €20M, generating 1,200+ jobs. Portfolio companies include Cooltra, Busup, ForceManager, and Parclick.
SectorsSector agnostic
VC MapSeed
Team

Paula Sancho
Managing Partner
Portfolio companies 22
Open 16 as list → On map →
NNeuralTrust
entered at Seed, 2026
AApartool
entered at Series A, 2023
BBusUp
entered at Seed, 2019
CCiudadela
entered at Seed (estimated), 2024
C
Clevergy
entered at Seed (estimated), 2024
WWinahost
entered at Pre-seed, 2023
N
Nuwe
entered at Seed (estimated), 2023
IIxorigue
led Seed, 2021
TTaclia
entered at Pre-Series A, 2021
IINBRAIN Neuroelectronics
entered at Seed, 2020
BBoxmotions
led Seed (estimated), 2020
C
Cobugs
entered at Seed, 2019
DDaysk
led Seed, 2018
MMarketpay
entered at Seed (estimated), 2018
WWorldsensing
entered at Series A, 2013
PParclick
per company site
Exited or sunsetted (6)
CCliniclic
entered at Pre-Series A, 2022
AAgroptima
per company site
B
BidAway
per company site
KKubi Wireless
per company site
N
Nubelo
per company site
OOfertia
per company site
Funding rounds 21
Open as list →| Date | Company | Round | Amount | Lead |
|---|---|---|---|---|
| 2026-06-17 | NeuralTrust | Seed | €17.2M |
Alstin Capital
+6 more
|
| 2026-02-24 | Apartool | Series A (estimated) | €1.8M |
Lead not disclosed
+5 more
|
| 2025-05-09 | BusUp | Series B (estimated) | €2.84M |
True Global Ventures
+6 more
|
| 2024-10-30 | BusUp | Series B (estimated) | €13M |
Lead not disclosed
+6 more
|
| 2024-10-10 | Ciudadela | Seed (estimated) | €2.7M |
Lead not disclosed
+8 more
|
| 2024-01-31 | Clevergy | Seed (estimated) | €1.5M |
Zubi
+3 more
|
| 2023-10-18 | Apartool | Series A | €5.5M |
Barlon Capital, ROCH Ventures
+3 more
|
| 2023-10-02 | Winahost | Pre-seed | €475K incl. debt: equity and debt, the split was not disclosed |
Lead not disclosed
+5 more
|
| 2023-02-21 | Nuwe | Seed (estimated) | €739K |
Asterius VC
+3 more
|
| 2022-10-13 | Cliniclic | Pre-Series A | €2.1M |
Lead not disclosed
+4 more
|
| 2021-09-07 | Ixorigue | Seed | €1M |
Finaves
+11 more
|
| 2021-07-09 | Taclia | Pre-Series A | €1M |
Lead not disclosed
+6 more
|
| 2021-02-11 | BusUp | Series A (estimated) | €5M |
Proeza Ventures
+2 more
|
| 2020-06-11 | INBRAIN Neuroelectronics | Seed | approximately €1M |
Asabys Partners, Alta Life Sciences
+3 more
|
| 2020-01-10 | Boxmotions | Seed (estimated) | €2.4M |
Fitalent, Castel Capital, Finaves
+4 more
|
| 2019-03-04 | BusUp | Seed | €895K |
Lead not disclosed
+3 more
|
| 2019-02-04 | Cobugs | Seed | approximately €600K |
JME Venture Capital
+5 more
|
| 2018-05-18 | Daysk | Seed | €200K |
Finaves, Pearson Capital
+1 more
|
| 2018-03-21 | Marketpay | Seed (estimated) | €1M |
CaixaBank
+3 more
|
| 2015-11-10 | Worldsensing | Series B | — |
Lead not disclosed
+6 more
|
| 2013-01 | Worldsensing | Series A | approximately €1.8M |
Lead not disclosed
+2 more
|
Often invests with 27
Open as list →News 3
Open as list →| Published | Article |
|---|---|
| 2026-03-31 |
Apartool closes €1.8 million funding round with participation from Barlon Capital, Roch Ventures, Telegraph Hill Capital, Finaves, and Endra Capital ↗
Capital-Riesgo.es
2026-03-31 |
| 2024-10-21 |
Ciudadela Raises to Digitise Estate Management in a Round Led by Telefonica's Wayra ↗
PropTech Connect
2024-10-21 |
| 2024-01-31 |
Madrid-based climate tech Clevergy gets €1.5 million to lead the home energy management market ↗
EU-Startups
2024-01-31 |







