SSeed Capital Bizkaia
A public venture capital firm based in Bilbao, founded in 1989 and attached to the Department of Economic Promotion of the Provincial Council (Diputación Foral) of Bizkaia. It manages eight investment vehicles/funds (including seed capital, microfinance/crowdlending, and a social-impact fund) backing early-stage, innovative and socially impactful companies mainly tied to the Bizkaia business fabric, across sectors like energy, ICT, industrial, and healthcare. As of 2024 it held roughly 79 active investments and deployed €4.28M across 24 operations that year (a 23% increase over 2023).
SectorsEnergy, ICT, Industrial, Healthcare, Biotech, Social impact
VC MapPublic & regional funds
Team
O
Oscar Ugarte Gamboa
Director-Gerente (Managing Director)
Portfolio companies 23
Open 22 as list → On map →
BbeXReal
entered at Venture Debt, 2026
NNNEAT
entered at Seed, 2026
RRevenant
entered at Seed (estimated), 2025
BBeGas Motor
entered at Seed (estimated), 2019
AADI Data Center
entered at a round, 2024
ZZetrack e-Farming
led Seed, 2024
MMikrobiomik Healthcare Company
led Seed, 2022
CCLCircular
entered at Seed (estimated), 2023
FFisify
entered at Seed (estimated), 2023
IInnitius
entered at Series A (estimated), 2023
HH2SITE
entered at Series A, 2022
BBarbara
entered at Seed, 2020
A
Addilan
entered at Seed, 2021
LLookiero
entered at Series B, 2019
KKoiki
led Seed (estimated), 2017
HHistocell
entered at Seed (estimated), 2015
AAlterity
per company site
AAplanet
per company site
GGrabit
per company site
H
HAWK Biosystems
per company site
IInsulcloud
per company site
MMotmo
per company site
Exited or sunsetted (1)
T
Ticketbis
per company site
Funding rounds 20
Open as list →| Date | Company | Round | Amount | Lead |
|---|---|---|---|---|
| 2026-05-11 | beXReal | Venture Debt | €200K |
Lead not disclosed
+1 more
|
| 2026-02-18 | NNEAT | Seed | €800K |
Easo Ventures
+3 more
|
| 2025-05-29 | Revenant | Seed (estimated) | €3.3M |
Lead not disclosed
+4 more
|
| 2024-12-30 | BeGas Motor | No stage disclosed | €18M |
Lead not disclosed
+9 more
|
| 2024-12-16 | ADI Data Center | No stage disclosed | €4.8M |
Lead not disclosed
+5 more
|
| 2024-07-15 | Coometas | Public Loan | €300K | ENISA, Seed Capital Bizkaia |
| 2024-02-12 | Zetrack e-Farming | Seed | €930K |
Seed Capital Bizkaia
+2 more
|
| 2023-09-25 | Mikrobiomik Healthcare Company | Seed (estimated) | €1.1M |
Lead not disclosed
+2 more
|
| 2023-08-03 | CLCircular | Seed (estimated) | €1M |
Easo Ventures
+2 more
|
| 2023-04-20 | Fisify | Seed (estimated) | €900K incl. debt: equity and debt, the split was not disclosed |
Clave Capital
+2 more
|
| 2023-02-15 | Innitius | Series A (estimated) | €1.8M |
Clave Capital, Nara Capital
+5 more
|
| 2022-06-29 | H2SITE | Series A | €12.5M |
Breakthrough Energy Ventures
+5 more
|
| 2022-05-11 | Barbara | Series A (estimated) | €2.5M |
Caixa Capital Risc
+4 more
|
| 2022-03-11 | Mikrobiomik Healthcare Company | Seed | — | Seed Capital Bizkaia |
| 2021-05-12 | Addilan | Seed | — |
Lead not disclosed
+3 more
|
| 2020-12-16 | Barbara | Seed | €500K |
GoHub Ventures
+2 more
|
| 2020-07-22 | BeGas Motor | Series A (estimated) | €5.2M |
Lead not disclosed
+8 more
|
| 2019-09-20 | Lookiero | Series B | €17M |
MMC Ventures
+6 more
|
| 2019-05-06 | BeGas Motor | Seed (estimated) | — |
Lead not disclosed
+5 more
|
| 2017-01-24 | Koiki | Seed (estimated) | €900K |
Seed Capital Bizkaia
+4 more
|
| 2015-06-11 | Histocell | Seed (estimated) | €2.5M |
Lead not disclosed
+1 more
|