AXIS

axispart.com ↗ ·Madrid ·Invests Series A – Series C+

AXIS Participaciones Empresariales is the Madrid-based venture capital and private equity manager of Instituto de Crédito Oficial (ICO), Spain's state financial agency. It was founded in 1986. It invests mainly as a fund of funds, committing capital to privately managed venture capital, private equity and private debt funds that invest in Spanish companies, and also co-invests directly in digital and high-growth scale-ups. AXIS manages Fond-ICO Global, Fond-ICO Next Tech, Fond-ICO Crecimiento and Fond-ICO Sostenibilidad e Infraestructuras, with commitments of €12.15 billion across the four funds. It has invested more than €4.3 billion in over 280 companies and funds; recent direct investments include Qida, Tucuvi Care and 011H Sustainable Construction.

SectorsGeneralist, Digital & deep tech, Sustainability, Infrastructure VC MapPublic & regional funds

Suggest a correction

Team

Manuel Illueca Muñoz
CHAIRMAN
Guillermo Jiménez Gallego
MANAGING DIRECTOR OF AXIS

Portfolio companies 13

Open 12 as list → On map →

Funding rounds 18

Open as list →
DateCompanyRoundAmountLead

Often invests with 27

Open as list →
PublishedArticle
2026-10-02 El ecosistema español supera por primera vez los 1.000M€ de inversión en un mes este septiembre ↗
2026-09-28 Dealflow #528: Trebellar raised $18M. Clarity AI merges. Indexa hits €6B in AUM. ↗
Dealflow.es Newsletter
2026-09-28
2026-09-15 AXIS is investing up to €12 million in the Spanish company 011H Sustainable Construction to promote industrialised residential construction in Spain ↗
2026-07-28 Récord histórico de fundraising y desinversiones en el primer semestre de 2026 dentro del capital privado español ↗
Webcapitalriesgo
2026-07-28
2026-07-15 AXIS approves €93.75 million in Fond-ICO Global investments ↗
Capital-Riesgo.es
2026-07-15
2026-07-14 AXIS aprueba inversiones de Fond-ICO Global por importe de 93,75 millones de euros ↗
ICO (press release)
2026-07-14
2026-07-08 Axis to Invest Up to €15 Million in Qida to Drive the Transformation of Spain's Care Model ↗
Capital-Riesgo.es
2026-07-08
2026-05-14 ICO, through Axis, to invest €3.6 million in KD, a Spanish microelectronics company specialising in optical communications ↗
ICO (press release)
2026-05-14
2026-05-08 ICO to invest up to €22.5 million in the Azora European Climate Solutions Fund, F.C.R. to promote green projects ↗
ICO (press release)
2026-05-08
2026-02-12 Capital Dynamics picks up EUR 50m for European clean energy platform ↗
2025-12-22 AXIS, ICO's venture capital company, is empowering the Fond-ICO Global fund with a brand new open and continuous investment system ↗
ICO (press release)
2025-12-22
2025-12-16 AXIS streamlines Fond-ICO Global with a new open and continuous investment system ↗
Capital-Riesgo.es
2025-12-16
2025-06-30 The ICO selects the 11 funds to invest up to 850 million euros from the Recovery Plan in projects that favour the green transition and business growth ↗
2024-10-29 INBRAIN Neuroelectronics Raises $50M Series B to Advance Graphene-Based Brain-Computer Interface Technology ↗
Business Wire
2024-10-29
2024-06-03 ICO will invest up to 900 million euros in 12 funds to boost the growth and green and digital transformation of Spanish companies ↗
ICO (press release)
2024-06-03
2023-12-14 El ICO invertirá 900 millones más en la nueva convocatoria de Fond-ICO Global ↗
El Economista
2023-12-14
2023-03-29 Spain: European Tech Champions Initiative to fund scaleup of technology companies ↗
EIB (European Investment Bank)
2023-03-29
Start typing to search across everything.
↑↓ navigate↵ openesc close? shortcuts
Keyboard shortcuts
/ Ctrl K
Search
j k
Next or previous row
↵
Open the row
Ctrl ↵
Open it in a new tab
[ ]
Previous or next page
?
This list