AAddendum Capital
Addendum Capital is a Madrid-based early-stage venture capital firm founded in 2020 by Enrico Raggini. It invests at Seed stage in European B2B SaaS companies that already have an MVP, first revenue from recurring sales and clear product-market fit, with a focus on cybersecurity, health tech, data and analytics, agrotech and logistics. It works closely with founders from the earliest days. Its portfolio includes ADNtro, BforeAI, GuruSup, Kimera Technologies, Kymatio and Tandem Trace, and past exits include Auravant, Hornetsecurity and Spamina.
SectorsB2B SaaS, Cybersecurity, Health Tech, Data & Analytics, Agrotech, Logistics
VC MapSeed
Team
Enrico Raggini
Founder & CEO of Addendum Capital
Portfolio companies 4
Open 4 as list → On map →
Funding rounds 4
Open as list →| Date | Company | Round | Amount | Lead |
|---|---|---|---|---|
| 2026-04-15 | GuruSup | Seed | €1.3M |
4Founders Capital
+4 more
|
| 2025-12-15 | Kimera Technologies | Seed | approximately €2M |
Adara Ventures
+2 more
|
| 2025-07-10 | TandemTrace | Seed | — |
Adara Ventures, Acurio Ventures
+1 more
|
| 2023-04-13 | Kimera Technologies | Pre-seed | €660K |
Lead not disclosed
+7 more
|
Often invests with 7
Open as list →News 6
Open as list →| Published | Article |
|---|---|
| 2026-04-15 |
GuruSup closes a €1.3M seed round led by 4Founders Capital to scale its AI-powered customer support platform ↗
Capital-Riesgo.es
2026-04-15 |
| 2025-12-15 |
Adara Ventures leads €2M+ seed round in Kimera Technologies to power AI-driven product discovery in eCommerce ↗
Capital & Corporate (Capital-Riesgo.es)
2025-12-15 |
| 2025-07-10 |
Adara and Acurio co-lead an investment in TandemTrace ↗
Capital-Riesgo.es
2025-07-10 |
| 2025-01-14 |
BforeAI Raises $10 Million for Predictive Attack Intelligence ↗
SecurityWeek
2025-01-14 |
| 2024-04-24 |
BforeAI Announces $15 Million in Series A Funding Led by SYN Ventures ↗
PR Newswire
2024-04-24 |
| 2023-04-10 |
Kimera Tech secures €660k pre-seed backed by Addendum Capital, Adara Ventures, Bonsai Partners, and BStartup Banco Sabadell and business angels ↗
Nordic 9
2023-04-10 |