Kfund

www.kfund.vc ↗ ·Madrid ·Invests Pre-seed – Series B

Kfund is a Madrid-based venture capital firm founded in 2016 by Carina Szpilka and Iñaki Arrola, managing about €650M across a family of vehicles that includes its core early-stage funds, the Leadwind growth fund, the K Founders pre-seed programme and fund-of-funds vehicles. It invests from pre-seed to Series B in technology start-ups across Spain, Southern Europe and Latin America, with tickets from about €100K to €10M and a long-standing focus on B2B software, now expanding into AI, hardware and the energy transition. Its portfolio of about 100 companies includes Factorial, HappyRobot, Abacum, Exoticca, Urbanitae, Barkibu, Enginy, Quibim, Voicemod and Tucuvi. Exits include Arengu, acquired by Okta.

Date	Company	Round	Amount	Lead
2026-10-13	Causa Prima	Seed	$20M	Base10 Partners +5 more
2026-09-10	Heydiga	Seed	€5.5M	6 Degrees Capital +5 more
2026-07-02	Flyboard	Pre-seed	€1.9M	b2venture +2 more
2026-06-16	Causa Prima	Pre-seed	$10M	Creandum +3 more
2026-06-11	THEKER Robotics	Series A	€73M	CRV +12 more
2026-05-28	Mafer AI	Pre-seed	€2M	Kfund +8 more
2026-05-11	Cala	Pre-seed	€7M	Lightspeed Venture Partners +3 more
2026-05-05	Sofía	Series B (estimated)	$21M	Kfund +4 more
2026-04-22	BASE4 Biosciences	Pre-seed	$1M	Lead not disclosed +4 more
2026-04-15	Traza	Pre-seed	$2.1M	Base10 Partners +5 more
2026-04-08	Crescenta	Series B (estimated)	€5M	Kfund +3 more
2026-02-19	Iqana	Pre-seed	€1.1M	Kfund +2 more
2026-01-29	MITO	Pre-seed	$4.5M	Lightspeed Venture Partners +6 more
2026-01-08	Tucuvi	Series A	$20M	Cathay Innovation, Kfund +3 more
2025-12-18	InfiniteWatch	Pre-seed	$4M	Base10 Partners +4 more
2025-12-04	Heydiga	Seed	€1M	Kfund +7 more
2025-11-11	Amenitiz	Series B	€38.9M	Kfund +7 more
2025-10-16	Omnia	Pre-seed	€3.5M	Visionaries Club +5 more
2025-10-02	Emblematic	Pre-seed	$2M	Passion Capital +7 more
2025-09-15	Lightbase	Pre-seed	€2.2M	Picus Capital +6 more
2025-07-15	THEKER Robotics	Seed	$21M	Kibo Ventures +11 more
2025-06-19	Tether	Pre-seed	€1.3M	Draper B1, K Fund +4 more
2025-06-11	Abacum	Series B	$60M	Scale Venture Partners +5 more
2025-05-13	Shakers	Series A	€14M	Partech +4 more
2025-04-03	Harmonix	Series A (estimated)	€3.2M	4Founders Capital +3 more
2025-02-28	Frekuent	Pre-Series A	€6M	Acurio Ventures, K Fund +2 more
2025-01-28	Quibim	Series A	$50M	Asabys Partners, Buenavista Equity Partners +11 more
2025-01-22	Crescenta	Series A (estimated)	€7M	Acurio Ventures, Kfund +3 more
2025-01-21	Zynap	Seed	€11.7M	Kibo Ventures, Kfund +2 more
2025-01-14	Enginy	Seed	€5M	Samaipata +3 more
2024-12-11	Sofía	Series B	$13.5M	Kfund +3 more
2024-09-26	XRF	Seed (estimated)	€2.3M	Lead not disclosed +3 more
2024-06-05	Alinia AI	Pre-seed	$2.4M	Speedinvest, Precursor Ventures +7 more
2024-04-10	Cicerai	Seed	€700K	Draper B1, Kfund +1 more
2024-02-21	GPTadvisor	Seed	€1M	Lead not disclosed +2 more
2024-02-01	Enginy	Pre-seed	€450K	Itnig, K Fund +1 more
2024-01-31	Aldara	Seed (estimated)	€2.7M	Y Combinator, K Fund +2 more
2024-01-17	Remuner	Pre-seed	€2M	Pear VC +6 more
2023-12-20	Crescenta	Pre-seed	€2M	Lead not disclosed +3 more
2023-11-27	GrowPro Experience	Seed	€1.5M	Kfund
2023-09-19	Codee	Series A (estimated)	€5M	Swanlaab Venture Factory +5 more
2023-07-10	Crescenta	Pre-seed	€1.5M	K Fund +4 more
2023-06-29	Bdeo	Series B (estimated)	€7.5M	Lead not disclosed +6 more
2023-05-04	Barkibu	Series A (estimated)	$5M	K Fund +1 more
2023-04-24	GrowPro Experience	Series A	€1.5M	Kfund
2023-02-14	Voicemod	Series A	$14.5M	Leadwind +2 more
2023-02-06	Harmonix	Series A (estimated)	€3M	K Fund +6 more
2022-11-11	iF Returns	Seed (estimated)	€3M	K Fund +4 more
2022-10-11	Factorial	Series C	$120M	Atomico +6 more
2022-10-10	Banktrack	Seed	€2M	K Fund, 4Founders Capital +5 more
2022-09-01	Boopos	Series A	$8M	Bonsai Partners +4 more
2022-07-04	Rungie	Pre-seed (estimated)	€1.5M	K Fund +1 more
2022-05-31	Dersu	Seed (estimated)	€1M	Lead unknown +4 more
2022-05-18	Durcal	Seed (estimated)	€8M	Telefónica Ventures +6 more
2022-05	Tacter	Seed	€3.42M	Moonfire +5 more
2022-02-08	Rosita	Seed	€2.4M	Ship2B Ventures +9 more
2022-02-02	Boopos	Seed	$30M incl. debt: equity and debt, the split was not disclosed	Fasanara Capital +5 more
2022-01-10	Trackingplan	Pre-seed	—	K Fund +4 more
2021-11-17	iF Returns	Seed	€1.5M	K Fund, Lanai Partners +1 more
2021-10-21	Vitaance	Seed (estimated)	€3M	Kindred Ventures +4 more
2021-09-30	Katoo	Series A (estimated)	€6.2M	K Fund +6 more
2021-09-10	Trackingplan	Pre-seed	—	K Fund, Nauta Capital +3 more
2021-09-06	Factorial	Series B	$80M	Tiger Global +5 more
2021-08-05	Boopos	Seed	$2M	Lead not disclosed +5 more
2021-07-30	Exoticca	Series C	approximately €25.2M	14W, Mangrove Capital Partners +6 more
2021-06-15	Fuell	Seed (estimated)	€1M	K Fund +3 more
2021-05-31	BEONx	Series A	€2M	Adara Ventures, CDTI (Innvierte) +4 more
2021-05-27	Moonoa	Seed	€1.54M	SeedRocket 4Founders Capital +9 more
2021-05-06	Urbanitae	Series A (estimated)	€2.5M	K Fund +2 more
2021-04-27	Honest	Seed	€300K	Lead not disclosed +2 more
2021-04-08	Abacum	Seed	$7M	Creandum +3 more
2021-03-14	BCome	Pre-seed (estimated)	€350K	4 Founders Capital, SeedRocket, K Fund
2020-12	Nuna	Pre-seed	—	Lead not disclosed +2 more
2020-11-26	Tacter	Pre-seed	€275K	Lead not disclosed +3 more
2020-11-16	Bdeo	Series A	€5M	BlackFin Capital Partners +2 more
2020-10-19	Apolo Kids	Seed	€550K	Lead not disclosed +5 more
2020-10-15	Rosita	Pre-seed (estimated)	€430K	JME Ventures +3 more
2020-07-30	Shopery	Series A	€1.25M	Antai Venture Builder, K Fund +3 more
2020-07-28	Coverfy	Series A (estimated)	€500K	Lead not disclosed +3 more
2020-07-21	Goin	Series A	€5M	Anthemis +7 more
2020-05-25	Harmonix	Seed	€3M	PROfounders Capital +2 more
2020-04-30	Codee	Seed (estimated)	€1.8M	Armilar Venture Partners, K Fund +3 more
2020-04-28	Factorial	Series A	€15M	CRV +3 more
2020-04-22	Frontity	Seed	€1M	Automattic, K Fund
2020-02-11	Arengu	Pre-seed	€500K	K Fund +2 more
2020-01-09	BEONx	Series A	€2.5M	Adara Ventures +3 more
2020-01-09	Bob.io	Seed (estimated)	€3M	Lead not disclosed +6 more
2019-08-05	Exoticca	Series B	€16M	Milano Investment Partners +5 more
2019-04-24	Bdeo	Seed	€1M	Lead not disclosed +2 more
2019-01-22	Goin	Seed	€1.6M	Anthemis +4 more
2018-10-10	Shopery	Series A	€1.2M	Lead not disclosed +4 more
2018-10-01	Factorial	Seed	€2.8M	Creandum +2 more
2018-06-27	Urbanitae	Seed (estimated)	approximately €1M	Lead not disclosed +3 more
2018-06-05	Exoticca	Series A	€3.5M	K Fund +5 more
2018-05-29	Goin	Seed	€625K	K Fund +5 more
2017-10-09	Coverfy	Series A	€3.5M	K Fund +2 more
2017-05-30	BEONx	Seed	€1.4M	K Fund
2016-12-16	Coverfy	Seed	€750K	K Fund +7 more

Published	Article
2026-11-09	De romper el estigma del 'botón rojo' a salir a la conquista de Europa: el salto cualitativo de la teleasistencia de Durcal ↗ El Español / Invertia +1 source 2 reportsfirst 2026-11-09 De romper el estigma del 'botón rojo' a salir a la conquista de Europa: el salto cualitativo de la teleasistencia de DurcalEl Español / Invertia · 2026-11-09↗ Durcal, teleasistencia española, levanta 3M€ para ItaliaEcosistema Startup · 2026-11-09↗ 2026-11-09
2026-11-09	Revel raised €120M, Titan OS picked up $46M, data centre fear mongering (Dealflow.es #534) ↗ Dealflow.es 2026-11-09
2026-10-23	Seaya arranca el megafondo con los primeros €600M. Más gestoras se rearman. Las tripas del pacto Factorial-General Catalyst ↗ Ecotechers 2026-10-23
2026-10-19	Radar de rondas: ID Finance levanta 545 millones y Qilimanjaro supera los 19 millones ↗ Forbes España 2026-10-19
2026-10-19	Dealflow #531: Liquidity for Factorial and Marosa employees. Qilimanjaro and Causa Prima raise $20M. ↗ Dealflow.es newsletter 2026-10-19
2026-10-13	Startup Causa Prima raises $20 million to tackle billing disputes with AI agents ↗ Fortune +2 sources 3 reportsfirst 2026-10-13 Startup Causa Prima raises $20 million to tackle billing disputes with AI agentsFortune · 2026-10-13↗ Causa Prima raises $20M seed from Base10 to let AI agents settle B2B invoicesTech Funding News · 2026-10-13↗ Causa Prima closes $20 million round led by Base10 Partners, with QED Investors, FJ Labs, Creandum, Kfund and Borusan Ventures participatingCapital-Riesgo.es · 2026-10-14↗ 2026-10-13
2026-10-05	Dealflow #529: Didit grows revenue by 65x in 15 months. Barlon Capital new fund. Indra and Adsmurai goe shopping. ↗ Dealflow.es Newsletter 2026-10-05
2026-09-28	Dealflow #528: Trebellar raised $18M. Clarity AI merges. Indexa hits €6B in AUM. ↗ Dealflow.es Newsletter 2026-09-28
2026-09-21	Open Cosmos, Exein y Fever, protagonistas de las rondas ↗ Forbes España 2026-09-21
2026-09-14	Dealflow #526: Self-driving taxis in Madrid in Q4 2026. The data centre doubts. idealista launches in France. ↗ Dealflow.es Newsletter 2026-09-14
2026-09-14	Radar de rondas: Harvey y Mistral, las grandes protagonistas de la semana ↗ Forbes España 2026-09-14
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 2026-08-04
2026-07-27	Dealflow #522: Fever valued at almost €4B. viterbit acquired by InfoJobs. Santander AI team. ↗ Dealflow.es Newsletter 2026-07-27
2026-07-17	Wayra Invests in MITO AI to Boost Audiovisual Production with Artificial Intelligence ↗ Wayra (nota de prensa) +1 source 2 reportsfirst 2026-07-17 Wayra Invests in MITO AI to Boost Audiovisual Production with Artificial IntelligenceWayra (nota de prensa) · 2026-07-17↗ Wayra invierte en MITO AI para impulsar la producción audiovisual con IAControl Publicidad · 2026-07-17↗ 2026-07-17
2026-06-12	THEKER raises $85M in Europe's largest ever robotics Series A, led by CRV with backing from Samsung and LVMH ↗ Capital-Riesgo.es 2026-06-12
2026-05-29	Mafer AI Raises €2 Million Pre-Seed Round to Transform Product Formulation Industries with Artificial Intelligence ↗ Capital-Riesgo.es 2026-05-29
2026-04-28	Kfund launches a new €20 million fund for early-stage startups ↗ Capital-Riesgo.es 2026-04-28
2026-04-08	Crescenta closes a €5 million funding round with Endeavor Catalyst as a new investor ↗ Capital-Riesgo.es 2026-04-08
2026-03-24	Bliss raises $11M Series A ↗ LatamList 2026-03-24
2025-11-11	Spain's Amenitiz expands to 15,000+ hotels and processes €3 billion in bookings ahead of new €38.9 million funding ↗ EU-Startups +1 source 2 reportsfirst 2025-11-11 Spain's Amenitiz expands to 15,000+ hotels and processes €3 billion in bookings ahead of new €38.9 million fundingEU-Startups · 2025-11-11↗ Amenitiz raises $45M to empower independent hotels with AI managementTech Funding News · 2025-11-11↗ 2025-11-11
2025-07-16	Theker Robotics Raises $21 Million in Seed Round ↗ The AI Insider +1 source 2 reportsfirst 2025-07-16 Theker Robotics Raises $21 Million in Seed RoundThe AI Insider · 2025-07-16↗ Barcelona's Theker just raised Spain's largest-ever seed round to build adaptive AI-powered robotsNovobrief · 2025-07-16↗ 2025-07-16
2025-02-10	Kfund y Kira Ventures crean un fondo de 50 millones para startups del mundo de la energía ↗ Capital-Riesgo.es 2025-02-10
2025-02-10	Kfund y Kira Ventures lanzan un fondo para impulsar a las startups que liderarán la transformación energética ↗ Funds Society 2025-02-10
2025-01-23	Madrid-based investment platform Crescenta secures €7M led by Acurio Ventures and Kfund ↗ Vestbee 2025-01-23
2024-06-17	Kfund secures €70 million for sixth fund to double-down in Southern Europe high impact-startups ↗ EU-Startups +1 source 2 reportsfirst 2024-06-17 Kfund secures €70 million for sixth fund to double-down in Southern Europe high impact-startupsEU-Startups · 2024-06-17↗ Spanish Kfund raises €70M for AI and cloud startupsTech.eu · 2024-06-17↗ 2024-06-17
2024-06-17	Madrid-based Kfund raises a €70M fund to support Southern European founders ↗ Vestbee 2024-06-17
2023-10-05	Leadwind fund closes with a $250M commitment and first five investments ↗ Tech.eu 2023-10-05

Kfund

Team

Portfolio companies 78

Funding rounds 98

Often invests with 84

News 27