Investor

Adara Ventures

www.adara.vc ↗ ·Madrid ·Early stage ·Actively investing

Adara Ventures is a Madrid-based European venture capital firm with over 20 years of experience backing early-stage B2B deep tech founders across Cybersecurity, Data & AI, Energy Transition, Digital Health, Digital Infrastructure and Core Tech Components. The firm manages over €350M across multiple funds and invests primarily in Spain, Portugal, Italy, France and the UK/Ireland; notable exits/portfolio companies include AlienVault (acquired by AT&T), Playgiga (acquired by Meta), Scalefast, Constella and Seedtag.

Portfolio
32
Team
18
AUM
€350M
Rounds
35
SectorsCybersecurity, Data & AI, Energy Transition, Digital Health, Digital Infrastructure, Core Tech Components VC MapSeries A

Profile updated 8 Jul 2026

Team

Partners 5 Investment Team 9 Others 4
Alberto Echeverri
Partner
Alberto Gómez
Founding Partner
Nico Goulet
Founding Partner
Rocío Pillado
Partner
Ross Strachan
Partner
Alexei Perley
Senior Analyst
Andrea Cabanillas
Associate
Hilario Durán
Operations Associate
Jorge Barón
Principal
Juan Cabañas
AI & Operations Associate
Juan Sainz de Vicuña
Analyst
Krystal Somaza
Senior Associate
Mariam Amal
Operations Analyst
—
Mónica Navas
Head of Compliance and Investor Relations
Gonzalo Pinto
Financial Accountant
—
Irene Alía
Head of Legal
—
Jesús Sainz
Chairman Emeritus
María Alonso
Head of Finance

Portfolio companies 32

Acoru
acoru.com
Company Series A Madrid
Adcities
exte.com
Company Seed Madrid
Airflows
airflows.com
Company Seed Madrid
BEONx
beonprice.com
Company Series A Salamanca
Bigle
biglelegal.com
Company Series A Barcelona
Caravelo
www.caravelo.com
Company Series A Barcelona
Constella Intelligence
4iq.com
Company Series C Los Altos
Councilbox
councilbox.com
Company Series A Madrid
CounterCraft
countercraft.eu
Company Series A San Sebastián
Fluzo
www.fluzo.com
Company Seed Madrid
Freeverse
freeverse.io
Company Series A Barcelona
Indigitall
indigitall.com
Company Series A Madrid
Iomed
iomed.es
Company Series A Barcelona
JOTELULU
jotelulu.com
Company Series A Madrid
Kimera Technologies
kimeratechnologies.com
Company Seed Valencia
Komon
komon.io
Company Pre-seed Madrid
Kompyte
kompyte.com
Company Seed Barcelona
PlayGiga
www.playgiga.com
Company Series A Madrid
Plenit
plenit.com
Company Series A Madrid
Polymita Technologies
polymita.com
Company Series A Barcelona
Qbitia
qbitia.com
Company Series A Pontevedra
Quality Clouds
www.qualityclouds.com
Company Series A London
Quibim
quibim.com
Company Series A Valencia
Scalefast
www.scalefast.com
Company Series B Los Angeles
Seedtag
www.seedtag.com
Company Series C Madrid
Stratio
stratio.com
Company Series C Madrid
TandemTrace
tandemtrace.ai
Company Seed Madrid
TuringDream
turingdream.com
Company Seed Madrid
UserZoom
userzoom.com
Company Other San Jose
Visure Solutions
visure-solutions.com
Company Series B San Francisco
WIVI Vision
wivivision.com
Company Series A Barcelona
Wodan AI
wodan.ai
Company Pre-seed Madrid

Funding rounds 35

Airflows · Seed · €2M
Madrid's Airflows, founded in 2024 by veterans of AlienVault, Constella Intelligence, Stratio and Paradigma Digital, raised €2 million led b…
2026-03-25
TuringDream · Seed · €2M
Spain's state technology investment company SETT invested €2 million in Madrid-based TuringDream, whose cloud platform lets non-engineers co…
2026-03-23
Wodan AI · Pre-seed · €2M
Spanish-Belgian startup Wodan AI, founded by Bob Dubois and Manuel Pérez Yllán, raised a €2M pre-seed to scale its homomorphic-encryption pl…
2025-12-17
Kimera Technologies · Seed · €2M
Kimera Technologies closed a seed round reported as 'more than €2M' (some databases put it at ~$2.34M) led by Adara Ventures, with follow-on…
2025-12-15
Adcities · Seed · €3M
Adcities, reported by Spanish media as a Spanish startup founded in 2024 by Manuel Ferreira and Jacobo Lumbreras, raised over €3M in a seed …
2025-12-01
Acoru · Series A · €10M
Madrid-based Acoru, founded in 2023 by cybersecurity veterans Pablo de la Riva and David Morán, raised €10 million to scale its account moni…
2025-10-22
TandemTrace · Seed
TandemTrace, founded in 2024 by Almog Ohayon (ex-Javelin Networks), closed an undisclosed seed round co-led by Adara Ventures and Acurio Ven…
2025-07-11
TuringDream · Seed · €6M
TuringDream raised a €6M seed round co-led by Adara Ventures (its first investment from the AV4 fund) and Madrid-based HWK TechInvestment, w…
2025-07-02
Acoru · Seed · €4M
Acoru emerged from stealth with a €4 million seed round jointly backed by Adara Ventures and Athos Capital, with no single lead named. Found…
2025-04-24
Plenit · Series A · €6.8M
Then-named Jotelulu raised €6.8M led by Kibo Ventures, with all existing investors (Adara Ventures, Fundacion Innovacion Bankinter, G2A Inve…
2024-12-02
Jotelulu · Series B · €6.8M
Jotelulu, a cloud services platform that lets IT resellers sell cloud to SMEs under their own brand, raised €6.8M led by Kibo Ventures with …
2024-12-02
Indigitall · Series A · €6M
Indigitall, a Madrid-based SaaS platform for personalising and automating brands' digital communications (mobile apps, web, WhatsApp, wallet…
2024-04-29
WIVI Vision · Series A · €4M
WIVI Vision, which uses AI, gamification and 3D to assess and rehabilitate visual dysfunctions, raised a €4M Series A led by Adara Ventures.…
2024-02-19
Caravelo · Series A · €3.5M
Barcelona-based Caravelo, which powers flight subscription and ancillary revenue products for more than 20 airlines including Volaris, Alask…
2023-09-14
IOMED · Series A · €10M
Barcelona-based IOMED closed a €10M Series A co-led by Philips Ventures and XTX Ventures, with Fondo Bolsa Social and Redseed joining alongs…
2023-09-14
Plenit · Series A · €4.1M
Jotelulu closed a Series A led by new investor Adara Ventures, joined by US fund G2A Investment Partners and returning backers Fundacion Inn…
2023-05-22
Jotelulu · Series A · €4.1M
Jotelulu, which lets IT resellers sell white-label cloud services to SMEs, closed a €4.1M Series A (reported as €4M by some outlets) led by …
2023-05-22
Kimera Technologies · Pre-seed · €660K
Valencia-based Kimera Technologies closed its first funding round of €660,000 to scale its computer-vision AI software, which turns images a…
2023-04-13
Stratio BD · Series C · €65M
Madrid data-fabric company Stratio BD raised a €65M Series C led by InfraVia Growth, with Adara and the founders also taking part. The money…
2022-10-13
Komon · Pre-seed · $2M
Komon, founded by ex-Samaipata principal Sebastián Fernández-Medrano and engineer Manuel Bevilacqua, raised $2M (about €1.86M) in pre-seed f…
2022-05-30
Freeverse · Series A · €10M
Barcelona-based Freeverse (freeverse.io) raised a €10M Series A co-led by Earlybird and Target Global — with no single lead — to scale its '…
2022-05-10
Quality Clouds · Series B · £5.25M
Quality Clouds, founded in Barcelona by Albert Franquesa and Ángel Márquez and now run from Barcelona and London, raised £5.25M in a round l…
2022-05-09
Bigle Legal · Seed · €2M
Bigle Legal makes software that automates legal documents and contracts. It raised €2M co-led by Adara Ventures and ICF Venture Tech II, wit…
2021-10-06
Seedtag · Series B · $40M
Seedtag, a contextual advertising company active in EMEA and LATAM, raised a $40M (about €34M) Series B to expand into the US and keep inves…
2021-09-14
Councilbox · Series A · €5M
Councilbox runs legally valid virtual and hybrid shareholder meetings and board meetings. The €5M Series A funds product and sales teams and…
2021-07-12
Freeverse · Seed · $1M
Freeverse.io builds 'Living Assets', NFTs that can change over time. Adara Ventures and 4Founders Capital co-led this $1M (€843K) seed round…
2021-07-01
Beonprice · Series A · €2M
Beonprice, a Salamanca-founded AI revenue-management and pricing platform for hotels, raised €2M from its existing investors and the CDTI. E…
2021-05-31
4iQ · Series C · $30M
4iQ, later renamed Constella Intelligence, was founded in Spain by Julio Casal and operates from Spain and Silicon Valley; the press release…
2020-10-20
IOMED · Seed · €2M
IOMED uses AI and natural language processing to turn electronic health records into structured data for clinical research. This €2M round w…
2020-09-03
QUIBIM · Seed · €8M
QUIBIM builds an AI radiology platform, QUIBIM Precision, that measures disease biomarkers in medical images, including COVID-19 detection o…
2020-07-21
Scalefast · Series B · $22M
Scalefast, a direct-to-consumer e-commerce platform that Spanish press (Dealflow.es, El Referente) treats as Madrid-based while its press re…
2020-06-30
CounterCraft · Series A · $5M
CounterCraft, a cybersecurity company founded in San Sebastián, makes deception software that gathers intelligence on attackers. It closed a…
2020-06-17
Fluzo · Seed · €1.25M
Fluzo raised €1.25M in a round led by Adara Ventures, with Sabadell Venture Capital also investing. Fluzo uses audio fingerprinting to measu…
2020-04-09
Quality Clouds · Seed · £1M
Quality Clouds (Quality Clouds S.L., based in Barcelona and London, led by co-founder and CEO Albert Franquesa) makes software that measures…
2020-04-03
Beonprice · Series A · €2.5M
Beonprice makes AI-driven revenue management software for hotels and serves over 2,000 properties in more than 30 countries. It closed a €2.…
2020-01-09

News & media 2

PublishedArticle
2026-09-12 DISRUPTORES Innovation Awards 2026: estos son los nombres de los cinco finalistas a Mejor Inversor/a ↗
El Español / Invertia Disruptores
2026-08-04 El desembarco del 'venture capital' español en Europa: triplica la inversión en la última década en la región ↗
El Español / Invertia Disruptores
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