HHyperion Fund
Hyperion Fund is a Madrid-based venture capital fund (FCR) that provides growth capital to industrial and technology companies in defence, aerospace, cybersecurity, artificial intelligence and dual-use technologies, excluding weapons and lethal equipment. Its first vehicle, Hyperion Fund FCR, was approved by the CNMV in January 2024 and reached its €150M target in January 2025, with Fond-ICO among its backers and a commitment to invest at least 51% of its capital in Spain. A second, more international fund of up to €500M is planned. Portfolio companies include Pangea Aerospace, for which it led a €23M round, Sateliot, Gestair, Gutmar, Brockair and ATS Aviation.
SectorsDefence, Aerospace, Cybersecurity, Artificial Intelligence, Dual-use technologies
VC MapSeries C+
Team

Pablo Casado
Managing Partner

Joaquín Ortiz
Managing Partner

Jose Antonio Bartrina
Partner

Ricardo Gómez-Acebo
Partner
Portfolio companies 4
Open 3 as list → On map →
PPangea Propulsion
led Series A, 2025
SSateliot
entered at Series B, 2024
AATS Aviation
per company site
Exited or sunsetted (1)
BBrok-air Aviation Group
per company site
Funding rounds 2
Open as list →| Date | Company | Round | Amount | Lead |
|---|---|---|---|---|
| 2025-03-18 | Pangea Propulsion | Series A | €23M |
Hyperion Fund
+3 more
|
| 2024-09-23 | Sateliot | Series B | €40M |
Global Portfolio Investments
+5 more
|











