Investor

K Fund

www.kfund.vc ↗ ·Madrid ·Multi stage ·Actively investing

K Fund is a Madrid-based venture capital firm backing tech entrepreneurs across Southern Europe and Latin America, investing from pre-seed through Series B with roughly €500-650M in assets under management. It targets differentiated technology products and services across sectors like fintech, insurtech, proptech, AI, and SaaS, describing its focus as backing "the crazy, contrarians and outliers."

Portfolio
89
Team
18
AUM
~€600M
Rounds
88
Cheque
€100k–€15M
SectorsFintech, Insurtech, Proptech, AI/Automation, SaaS, Healthtech, Marketplaces VC MapSeed

Profile updated 16 Jul 2026

Team

Carina Szpilka
Founding Partner
Iñaki Arrola
Founding Partner
María de Lera Auersperg
Partner
Pablo Ventura
Partner
Sergio Álvarez Leiva
Partner
César Traseira
Investment Team
Jorge Campo
Investment Team
Marc Clemente
Investment Team
Paula Andreu
Investment Team (Health & Tech)
—
Borja Santos
Go-to-Market & Sales Advisor
Celia Buendía
Valuations & Financial Oversight
—
Cristina Garcia-Margallo
Head of Legal and Finance
Gustavo Ribas
Latin America Regional Lead
Jaime Novoa
Communications & Branding Lead
Juanjo Mostazo
Technology Analysis & Strategy Lead
—
Maria Recalde
Office Manager / Executive Assistant
—
Miguel Elizondo
Communications Strategist
—
Teresa Checa
Head of Legal
—

Portfolio companies 89

Abacum
www.abacum.ai
Company Series B New York
Aldara
www.aldara.com
Company Seed Barcelona
Alinia AI
alinia.ai
Company Seed Barcelona
Amenitiz
amenitiz.com
Company Series B Barcelona
Apolo Kids
kokorokids.app
Company Seed Valencia
Appentra
www.appentra.com
Company Series A A Coruña
Arengu
www.arengu.com
Company Pre-seed A Coruña
B Come
bcome.biz
Company Seed Barcelona
Banktrack
banktrack.com
Company Seed Barcelona
Barkibu
barkibu.com
Company Series A Vigo
BASE4 Biosciences
base4bio.com
Company Pre-seed Barcelona
BCome
bcomestudio.com
Company Seed Barcelona
Bdeo
bdeo.io
Company Series B Madrid
BEONx
beonprice.com
Company Series A Salamanca
Billin
billin.net
Company Series A Madrid
Bloobirds
bloobirds.com
Company Series A Barcelona
Bob.io
bob.io
Company Seed Madrid
Boopos
boopos.com
Company Series A Madrid
Cala
cala.ai
Company Pre-seed Barcelona
Causa Prima
causaprima.ai
Company Pre-seed Madrid
Cicerai
cicerai.com
Company Seed Madrid
Codee
codee.com
Company Series A A Coruña
Copernic
nectios.com
Company Seed Barcelona
Coverfy
coverfy.com
Company Series A Barcelona
Crescenta
crescenta.com
Company Series A Madrid
Dersu
dersu.uz
Company Seed Jaca
Durcal
durcal.com
Company Seed Barcelona
Emblematic
emblematic.ai
Company Pre-seed Berlin
Enginy
www.enginy.ai
Company Seed Barcelona
Exoticca
exoticca.com
Company Series D Barcelona
Factorial
factorialhr.com
Company Series C Barcelona
Flyboard
flyboard.ai
Company Seed Barcelona
Frekuent
frekuent.com
Company Barcelona
Frontity
frontity.org
Company Seed Madrid
Fuell
getfuell.com
Company Other Madrid
Genesy AI
genesy.ai
Company Seed Barcelona
Goin
goin.app
Company Series A Barcelona
GPTadvisor
gptadvisor.com
Company Seed Madrid
GrowPro Experience
growpro.es
Company Seed Valencia
Harmonix
harmonix.ai
Company Series A Barcelona
Heydiga
heydiga.com
Company Seed Barcelona
Hireflix
hireflix.com
Company Seed Barcelona
Honest Greens
www.honestgreens.com
Company Series B Barcelona
iF Lastmile
ifreturns.com
Company Seed Madrid
iF Returns
iflastmile.com
Company Seed Madrid
InfiniteWatch
infinitewatch.ai
Company Pre-seed Madrid
Iqana
iqana.io
Company Pre-seed Barcelona
Iristrace
iristrace.com
Company Seed Ibi
Katoo
www.katooapp.com
Company Series A Madrid
Kokoro Kids
kokorokids.app
Company Seed Valencia
Kosmo
kosmo.delivery
Company Pre-seed Singapore
La Gran Familia Mediterránea
lagranfamiliamediterranea.com
Company Seed Madrid
Latitude
latitude.so
Company Seed Barcelona
Lightbase
lightbase.co
Company Pre-seed Madrid
Livo
getlivo.com
Company Seed Barcelona
Lumo
lumo.homes
Company Seed Barcelona
Mafer AI
mafer.ai
Company Pre-seed Barcelona
Master Me Up
mastermeup.com
Company Pre-seed Barcelona
MITO
mito.ai
Company Pre-seed Madrid
Moonoa
moonoa.fr
Company Seed Barcelona
Nectios
nectios.com
Company Seed Barcelona
Nuna
holanuna.com
Company Seed Barcelona
Omnia
www.useomnia.com
Company Pre-seed Madrid
Orain
home.orain.io
Company Series A Barcelona
Orain Technologies
orain.io
Company Series A Barcelona
Quibim
quibim.com
Company Series A Valencia
Remuner
remuner.com
Company Seed Barcelona
RICE
rice.rocks
Company Seed Barcelona
Rosita
holarosita.es
Company Seed Valencia
Rosita Longevity
rx-longevity.com
Company Seed Valencia
Rungie
rungie.com
Company Seed Barcelona
Safe365
www.safe365.com
Company Series A Barcelona
Shakers
www.shakersworks.com
Company Series A Madrid
Shopery
shopery.com
Company Seed Barcelona
Skate
onskate.io
Company Pre-seed Madrid
Sofía
sofiasalud.com
Company Series B Mexico City
Tacter
tacter.app
Company Seed Madrid
Tether
tetherev.io
Company Pre-seed Barcelona
THEKER Robotics
theker.ai
Company Series A Barcelona
Trackingplan
trackingplan.com
Company Seed Barcelona
Transparent
www.seetransparent.com
Company Seed Madrid
Traza
traza.ai
Company Pre-seed New York
Tucuvi
tucuvi.com
Company Series A Madrid
Urbanitae
urbanitae.com
Company Series A Madrid
Vitaance
vitaance.com
Company Seed Barcelona
Voicemod
voicemod.net
Company Series B Valencia
Wide Eyes Technologies
wideeyes.ai
Company Seed Barcelona
XRF
xrf.ai
Company Seed Las Palmas de Gran Canaria
Zynap
www.zynap.com
Company Seed Barcelona

Funding rounds 88

HeyDiga · Seed · €5.5M
HeyDiga raised a €5.5M Seed round led by London-based 6 Degrees Capital, with Italian Founders Fund, Decelera, existing backer Kfund, the Jo…
2026-09-10
Flyboard · Pre-seed · €1.9M
Flyboard builds AI voice agents that automate high-volume calls (sales, operations, customer service) for the Spanish mid-market; the pre-se…
2026-07-02
Causa Prima · Pre-seed · $10M
Founded by Taulia/Finoa alumni (Madrid & Munich), Causa Prima exited stealth with a $10M Creandum-led pre-seed — claimed as the largest ever…
2026-06-16
Theker · Series A · €73M
AI industrial-robotics company Theker closed a $85M (€73M) Series A led by CRV — the largest robotics Series A in Europe, and the first Sams…
2026-06-11
Mafer AI · Pre-seed · €2M
Barcelona's Mafer AI raised a €2M pre-seed led by Kfund, with 4Founders Capital, Masia and Lavanda Ventures (the Puig family's startup vehic…
2026-05-28
Cala · Pre-seed · €7M
Cala emerged from stealth with a €7 million pre-seed round led by Lightspeed Venture Partners — reported as Lightspeed's first investment in…
2026-05-11
Sofía · Series B · $21M
Sofía announced a new $21M round led by Madrid-based Kfund, with existing backers Index Ventures, Kaszek and IDB Lab (BID Lab) re-upping and…
2026-05-05
BASE4 Biosciences · Pre-seed · $1M
BASE4 Biosciences, a spin-out of the Sant Pau Research Institute, raised a $1M pre-seed (~€850,800) for its multi-omic platform that combine…
2026-04-22
Traza · Pre-seed · $2.1M
Traza closed a $2.1M pre-seed (~€1.7M as reported in Spanish press) led by Base10 Partners to build AI workers that autonomously run procure…
2026-04-15
Crescenta · Series B · €5M
Crescenta, a digital manager giving retail and professional investors access to private equity funds, closed €5M led by Kfund through its $2…
2026-04-08
Iqana · Pre-seed · €1.1M
Iqana raised a €1.1M pre-seed led by Kfund, with Heartfelt, APX (the Axel Springer and Porsche investment arm) and business angels participa…
2026-02-19
MITO AI · Pre-seed · $4.5M
MITO AI, the AI-native collaborative video creation platform co-founded by Spanish serial entrepreneur Iñaki Berenguer (ex-CoverWallet), rai…
2026-01-29
Tucuvi · Series A · $20M
Madrid-based Tucuvi raised a $20M (c. €17M) Series A to scale LOLA, its clinical voice AI agent for care management, across European and US …
2026-01-08
InfiniteWatch · Pre-seed · $4M
InfiniteWatch, founded in October 2025 by the founding and leadership team of CoverWallet (Iñaki Berenguer as president, Pablo Molina as CEO…
2025-12-18
Zynap · Seed · €6M
Zynap, founded in 2024, raised a €6M all-equity extension of its seed round co-led by existing backers Kibo Ventures and Kfund, taking total…
2025-12-10
HeyDiga · Seed · €1M
HeyDiga, founded three months earlier by David Zafra (ex-Tuenti, Hawkers) and Sergio Espeja (ex-JobandTalent), closed a €1M seed round led b…
2025-12-04
Amenitiz · Series B · €38.9M
Amenitiz, an all-in-one management platform for independent hoteliers, raised €38.9M ($45M) led by Kfund through its growth vehicle Leadwind…
2025-11-11
Omnia · Pre-seed · €3.5M
Madrid-based Omnia (Omnia Agents SL) raised a €3.5M pre-seed led by Visionaries Club to scale its agentic platform that helps brands monitor…
2025-10-16
Emblematic · Pre-seed · $2M
Emblematic, founded by Edgar Alvarez (ex-Fuell) and Prokopis Gryllos (ex-Shopify, N26), raised a $2M pre-seed (reported as roughly €1.7M) le…
2025-10-02
Lightbase · Pre-seed · €2.2M
Lightbase, founded by ex-Seedtag CTO Paul Goldbaum, launched publicly alongside a €2.2M pre-seed led by Picus Capital. Its AI code-intellige…
2025-09-15
THEKER Robotics · Seed · $21M
Barcelona-based Theker raised $21M (c. €18M) to scale adaptive, AI-driven robots that learn in real time and can be deployed across logistic…
2025-07-15
Tether · Pre-seed · €1.3M
Barcelona climate-tech startup Tether, founded in 2023 at Norrsken Barcelona, raised a €1.3M pre-seed (reported as $1.5M in Spanish press) c…
2025-06-20
Abacum · Series B · $60M
Abacum, the business planning and FP&A platform founded by Julio Martínez and Jorge Lluch, raised a $60M (about €52.5M) Series B led by Scal…
2025-06-11
Shakers · Series A · €14M
Madrid-based freelance talent orchestration platform Shakers closed a €14M Series A led by Partech, with Kfund (via its Leadwind fund), Brig…
2025-05-13
Bloobirds · Series A · €3.2M
Now operating as Harmonix (rebranded from Bloobirds), the Barcelona company raised €3.2M (~$3.5M) led by 4Founders Capital, with Kfund, the …
2025-04-03
Harmonix · Series A · €3.2M
Barcelona-based Harmonix raised €3.2M led by 4Founders Capital with participation from Kfund and ICF to expand across Europe. Its platform c…
2025-04-03
Orain · Series A · €6M
Orain Technologies raised €6M to accelerate its European expansion and prepare entry into Latin America and Asia, growing headcount from 40 …
2025-02-28
Orain Technologies · Seed · €6M
Orain, an unattended-retail payments and loyalty platform for vending machines, laundromats, EV chargers and kiosks, raised €6M in a round r…
2025-02-28
Orain Technologies · Seed · €6M
Orain, an unattended-retail payments and loyalty platform for vending machines, laundromats, EV chargers and kiosks, raised €6M in a round r…
2025-02-28
Quibim · Series A · $50M
Quibim raised a $50M Series A co-led by Asabys Partners and Buenavista Equity Partners, with Amadeus Capital Partners, Apex Ventures, Partec…
2025-01-28
Crescenta · Series A · €7M
Crescenta, a digital platform that gives retail and professional investors access to private equity and venture capital funds, raised €7M co…
2025-01-22
Zynap · Seed · €5.7M
Zynap, founded in 2024 by Blueliv founder Daniel Solís, emerged from stealth with a €5.7M seed round co-led by Kibo Ventures and Kfund, plus…
2025-01-21
Enginy · Seed · €5M
Genesy (rebranded to Enginy in late 2025) closed a €5M seed round led by pan-European VC Samaipata, with existing investors K Fund and Itnig…
2025-01-14
Genesy · Seed · €5M
Genesy, a Barcelona platform of AI sales agents that autonomously find and engage B2B prospects, raised €5M led by pan-European fund Samaipa…
2025-01-14
Sofía · Series B · $13.5M
Sofía raised $13.5M in a round led by Kfund — the Spanish fund's first deal in Mexico and third in Latin America — with participation from e…
2024-12-11
XRF (XReality Factory) · Seed · €2.3M
XReality Factory closed a €2.3M round with JME Ventures, Kfund and GoHub Ventures; no single lead was stated in the coverage. The company bu…
2024-09-26
Alinia AI · Pre-seed · $2.4M
Alinia, founded by ex-Twitter and ex-Hugging Face researchers and headquartered in Barcelona with an office in New York, raised a $2.4M pre-…
2024-06-05
Banktrack · Seed · €1M
Barcelona treasury-management software startup Banktrack added a €1M extension co-led by Kfund, 4Founders Capital and LifeX Ventures, taking…
2024-05-29
Enginy · Pre-seed · €450K
Then named Genesy AI, the company closed its first round, a €450K pre-seed co-led by Itnig and K Fund with JME Ventures participating; becau…
2024-02-01
Genesy AI · Pre-seed · €450K
Genesy AI closed its first funding round of €450,000, co-led by Itnig and K Fund with JME Ventures participating, to scale its AI-powered B2…
2024-02-01
Lumo · Seed · €2.7M
Barcelona-based proptech Aldara (the YC S22 company originally launched as Lumo, and since returned to the Lumo brand at lumo.homes) raised …
2024-01-31
Aldara · Seed · €2.7M
Aldara, a Barcelona startup digitising the management of residential homeowner associations (administración de fincas), raised €2.7M to grow…
2024-01-31
Remuner · Pre-seed · €2M
Barcelona-based Remuner raised a €2 million pre-seed led by Silicon Valley's Pear VC just three months after launch. Its no-code, AI-driven …
2024-01-17
Crescenta · Pre-seed · €2M
Crescenta, Spain's first fully digital private-markets fund manager (CNMV-registered), added €2 million to its pre-seed round with the entry…
2023-12-20
GrowPro Experience · Seed · €1.5M
GrowPro Experience, a platform helping young people study and work abroad, closed a second €1.5M round led by Kfund, seven months after a fi…
2023-11-27
Codee · Series A · €5M
Galician startup Codee raised €5M led by Spanish-Israeli fund Swanlaab to commercialise its automated code-inspection platform for software …
2023-09-19
Crescenta · Pre-seed · €1.5M
Crescenta, Spain's first digital manager for retail access to private equity funds, raised €1.5M led by K Fund with FJ Labs and several busi…
2023-07-10
Bdeo · Series B · €7.5M
Madrid-based insurtech Bdeo, whose AI-powered visual intelligence assesses motor and home insurance damage remotely, raised an additional €7…
2023-06-29
Barkibu · Series A · $5M
Galician pet health insurance and telehealth startup Barkibu raised $5M (about €4.5M) led by K Fund, with existing investor Mundi Ventures p…
2023-05-04
GrowPro Experience · Series A · €1.5M
Valencian platform for study-and-work experiences abroad raised €1.5 million led by Kfund to fund its technology platform, marketing and tal…
2023-04-24
Voicemod · Series A · $14.5M
Voicemod raised $14.5 million (about €14.5M) led by Leadwind, the growth fund managed by K Fund, with BITKRAFT Ventures and Minifund partici…
2023-02-24
Bloobirds · Series A · €3M
Barcelona-based Bloobirds, whose software sits on top of Salesforce and Microsoft Dynamics to make sales teams more productive, raised €3M i…
2023-02-08
iF Lastmile · Seed · €3M
iF Lastmile, which handles returns and excess stock for more than 150 fashion brands, raised €3M led by K Fund to expand to Germany, the UK …
2022-11-11
Factorial · Series C · $120M
Barcelona HR software company Factorial raised $120M in an all-equity Series C led by Atomico at a valuation of about $1B, becoming a unicor…
2022-10-11
Banktrack.com · Seed · €1M
Banktrack, which sends users a daily summary of their bank accounts by email, WhatsApp, Telegram, Slack or Teams, raised €1M co-led by K Fun…
2022-10-10
Boopos · Series A · $58M
Boopos raised a $58M Series A led by Spanish VC Bonsai Partners, made up of $8M in equity and $50M in debt, roughly six months after its $30…
2022-09-01
Rungie · Pre-seed · €1.5M
Rungie, founded in Barcelona in 2021, raised €1.5M in its first round, led by K Fund with French media group Webedia (through its Spanish Vi…
2022-07-05
Dersu · Seed · €1M
Aragonese startup Dersu raised €1M for its mountain-route planning and hiking community app, which grades users by mountaineering level and …
2022-05-31
Durcal · Seed · €8M
Durcal (formerly Safe365), which sells a GPS smartwatch paired with a telecare app for seniors, closed an €8M round led by Telefónica Ventur…
2022-05-18
Rosita Longevity · Seed · €2.4M
Rosita Longevity (legal entity Hearts Radiant), whose app delivers digital longevity and mobility coaching programmes for seniors, closed a …
2022-02-08
Boopos · Seed · $30M
Boopos announced a $30M Series Seed combining debt and equity, led by London-based fintech investor Fasanara Capital, to finance acquisition…
2022-02-02
iF Lastmile · Seed · €1.5M
iF Lastmile, a last-mile and reverse logistics fulfilment service offering same-day delivery in 30-minute slots, raised €1.5M in a round co-…
2021-11-17
Vitaance · Seed · €3M
Barcelona life-insurance insurtech, founded in January 2021, raised €3M led by Kindred Ventures. Its policies reward customers with NGO dona…
2021-10-21
Katoo · Series A · €6.2M
Madrid foodtech Katoo runs a marketplace for food procurement between restaurants and suppliers. It raised €6.2M, 10 months after a €3M roun…
2021-09-30
Factorial · Series B · $80M
Barcelona HR-software company Factorial raised an $80M (about €67M) Series B led by Tiger Global, at a post-money valuation of about $530M. …
2021-09-06
Boopos · Seed · $2M
Boopos raised a $2M seed round about a year after being founded, backed by K Fund, TheVentureCity, Enzo Ventures, Extension Fund and Plug an…
2021-08-05
Exoticca · Series C · €25.2M
Exoticca is a Barcelona tour operator that sells multi-day package tours online. It closed a Series C of about €25.2M ($30M), co-led by 14W …
2021-07-30
Fuell · Seed · €1M
Fuell, a fintech offering a corporate card that removes expense reports, raised €1M led by K Fund, with Wayra, TheVentureCity and FJ Labs ta…
2021-06-15
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
Moonoa · Seed · €1.54M
Moonoa is an app that treats insomnia with digital cognitive behavioural therapy (CBT-i), sold alongside food supplements. It raised a €1.54…
2021-05-27
Urbanitae · Series A · €2.5M
Urbanitae closed its second funding round, €2.5M led by K Fund with existing backers All Iron Ventures (now Acurio Ventures) and Viriditas V…
2021-05-06
Honest · Seed · €300K
Honest makes an AI assistant for customer-support agents, and Meliá is a client. It raised €300K: a €200K convertible loan from Dozen and €1…
2021-04-27
Abacum · Seed · $7M
Barcelona-based Abacum, a Y Combinator-backed financial planning and collaboration platform for finance teams, raised a $7M (about €5.9M) se…
2021-04-08
BCOME · Seed · €350K
BCOME makes SaaS that traces and measures the environmental and social impact of fashion and footwear products for clients such as Ecoalf an…
2021-03-15
Bdeo · Series A · €5M
Madrid insurtech Bdeo, which uses visual intelligence to digitise insurance claims, raised a €5M Series A led by BlackFin. Its seed investor…
2020-11-16
Exoticca · Series B · €5M
Barcelona online operator of long-haul package tours raised €5M, extending its €11M Series B from July 2019. It will use the money mainly to…
2020-10-24
Kokoro Kids · Seed · €550K
Kokoro Kids makes an app for children aged 2–6 that uses AI and adaptive learning to build cognitive and emotional skills. The money goes to…
2020-10-19
Rosita · Seed · €430K
Rosita makes an app that works as a personal health coach for people aged 60–80, helping them live longer in good health and stay independen…
2020-10-15
Shopery · Series A · €1.25M
Shopery makes SaaS software for building online marketplaces. It closed its third round, a €1.25M capital increase co-led by Antai Venture B…
2020-07-30
Goin · Series A · €5M
Goin runs an automatic-savings and simplified-investing app with more than 350,000 users. Anthemis led the €5M round, with K Fund and Encome…
2020-07-21
Bloobirds · Seed · €3M
London-based PROfounders Capital led a €3M (~$3.3M) seed round in the B2B sales prospecting platform, with K Fund and existing backer Encome…
2020-05-25
Appentra · Seed · €1.8M
Appentra is a spin-off of the University of A Coruña and makes Parallelware Analyzer, a static code analysis tool that helps developers writ…
2020-04-30
Factorial · Series A · €15M
Factorial, which makes an HR management and automation platform for SMEs, raised a €15M (about $16M) Series A led by CRV. Creandum, Point Ni…
2020-04-28
Frontity · Seed · €1M
Frontity, which builds an open-source React framework for WordPress sites, raised a €1M seed round from Automattic (WordPress.com, WooCommer…
2020-04-22
Arengu · Pre-seed · €500K
A Coruña startup Arengu, which builds secure low-code sign-up and onboarding forms, raised a €500K pre-seed led by K Fund with Lanai Partner…
2020-02-11
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
Bob.io · Seed · €3M
Bob.io collects travellers' luggage in the city and checks it in with airlines such as Iberia, Lufthansa, KLM and Air France. It raised €3M …
2020-01-09
Urbanitae · Seed · €1M
Urbanitae raised its first round, close to €1M, from K Fund, All Iron Ventures and Viriditas Ventures, with the three funds reported jointly…
2018-06-27

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