BBewater Funds
Bewater Funds is a Spanish asset manager that lets accredited investors buy shares or other illiquid assets of a single unlisted company (or diversified funds of several) through closed-end funds, effectively providing secondary liquidity for shareholders and employees of established Spanish/OECD private companies. Founded in 2018 by the team behind Indexa Capital, it has completed roughly 30 investments in unlisted companies to date.
SectorsGeneralist / Technology-focused startups and scaleups
VC MapSeries C+
Team

François Derbaix
co-Fundador y Consejero de Bewater Funds
Angel · 13 rounds →
Also at Indexa Capital →
Portfolio companies 24
Open 22 as list → On map →
PPekata
led Seed (estimated), 2026
PPoolComet
led Seed (estimated), 2025
IInversiva
entered at Seed (estimated), 2025
O
Okify
led Seed (estimated), 2025
LLICO Cosmetics
led Seed, 2023
CCapboard
led Pre-seed, 2022
FFlame Analytics
led Seed (estimated), 2022
PProduct Hackers
led Seed (estimated), 2022
SSheetgo
led Seed (estimated), 2022
DDatos101
led Seed (estimated), 2022
TTuio
entered at Seed, 2021
MMESbook
led Seed, 2021
AAutocines
led Seed (estimated), 2020
GGana Energía
led Seed (estimated), 2020
WWetaca
led Seed (estimated), 2019
G
Gear Translations
entered at Seed, 2019
CCuidum
per company site
IIndemniza.me
per company site
KKenmei Technologies
per company site
MMailsuite
per company site
NNailted
ZZacatrus
per company site
Exited or sunsetted (2)
BBalio
per company site
WWe Are Knitters
per company site
Funding rounds 19
Open as list →| Date | Company | Round | Amount | Lead |
|---|---|---|---|---|
| 2026-09-22 | Pekata | Seed (estimated) | €590K | Bewater Funds |
| 2025-12-23 | PoolComet | Seed (estimated) | approximately €0.8M | Bewater Funds |
| 2025-04-08 | Inversiva | Seed (estimated) | €1.2M |
Lead not disclosed
+3 more
|
| 2025-03-14 | Okify | Seed (estimated) | approximately €1M | Bewater Funds |
| 2023-07-05 | LICO Cosmetics | Seed | €1M | Bewater Funds |
| 2023-05-17 | Nailted | Buyout | €380K |
Bewater Funds
+1 more
|
| 2022-09-01 | Capboard | Pre-seed | €285K |
Bewa7er Market
+6 more
|
| 2022-06-23 | Flame Analytics | Seed (estimated) | €800K | Bewater Funds |
| 2022-06-06 | Product Hackers | Seed (estimated) | €555K | Bewater Funds |
| 2022-05-05 | Sheetgo | Seed (estimated) | €1.88M |
Bewater Funds
+9 more
|
| 2022-04-27 | Datos101 | Seed (estimated) | €700K |
Lead not disclosed
+2 more
|
| 2022-03-29 | Datos101 | Seed (estimated) | €500K | Bewater Funds |
| 2021-10-20 | Tuio | Seed | €450K |
Lead not disclosed
+4 more
|
| 2021-06-01 | MESbook | Seed | approximately €2M |
Bewater Funds
+3 more
|
| 2020-11-26 | Autocines | Seed (estimated) | €600K | Bewater Funds |
| 2020-10-26 | Gana Energía | Seed (estimated) | €950K | Bewater Funds |
| 2020-05-21 | Datos101 | Seed | €300K |
Bewater Funds
+1 more
|
| 2020-03-23 | Wetaca | Seed (estimated) | €275K |
Lead not disclosed
+3 more
|
| 2019-08-13 | Wetaca | Seed (estimated) | €420K | Bewater Funds |
| 2019-01-14 | Gear Translations | Seed | approximately €500K |
Lead not disclosed
+1 more
|




