MMutua Ventures
Mutua Ventures is the Madrid-based corporate venture capital arm of the Spanish insurance group Mutua Madrileña. It was launched in 2022 with €30M to invest directly in start-ups that fit the group's strategy and help it grow and diversify. It invests from seed to later stages, mainly in Spain, and focuses on mobility, savings and investment, health, and home and property technology. Its portfolio includes EV-charging maker V2C, dermatology AI company Legit.Health, motorcycle marketplace Mundimoto, residential property platform Muppy, Ubikare and Recomotor.
SectorsMobility, Savings & Investment, Health, PropTech, Insurtech
VC MapCorporate VC
Team
V
Víctor Zambrana Pérez
Deputy General Director, Insurance and New Business (oversees Mutua Ventures strategy)
Portfolio companies 13
Open 12 as list → On map →
AAlter5
entered at a round, 2026
AAlter5
led a round, 2026
MMundimoto
led Series A (estimated), 2023
MMuppy
led Series A (estimated), 2026
HHeydiga
entered at Seed (estimated), 2026
SService Club
entered at Series A (estimated), 2025
LLegit.Health
led Seed, 2024
VV2C
led Seed (estimated), 2023
CCabify
entered at Series E (estimated), 2023
R
Recomotor
entered at Series A (estimated), 2024
U
Ubikare
led a round, 2021
WWorld Wide Mobility
led Seed (estimated), 2019
Exited or sunsetted (1)
SSingularCover
led Series A, 2020