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Helicon raises €14M, Incapto and Cofrai close rounds, Doctrine buys Maite AI

Dealflow.es 1 min read

Venture Map 34 firms1 outlet ShowHide

The story so far, in brief; the legwork, and the full article, stay with the original outlet.

Helicon, a US start-up co-founded by Spaniard Edmundo Sanz-Gadea, has raised €14M with AlleyCorp leading. The plan is a Los Angeles factory where AI and robots make materials for drones. Closer to home, McWin Capital Partners put €5.5M into Barcelona coffee platform Incapto and holds roughly a fifth of it; Incapto booked €15M of revenue in 2025 and is aiming for €26M this year. Madrid's Cofrai, which builds software for businesses in the fire-safety trade, took in €2.6M, with DFF Ventures leading and Swanlaab joining.

Maite AI, a Barcelona AI assistant for lawyers, has been bought by France's Doctrine two years after launch, without ever taking outside money. Sources put the price in the tens of millions; the company has more than 3,000 clients and about €4.5M in estimated ARR.

Multiverse Computing's €500M Series C is still open nearly three months after it was announced. Investor materials cite €125M of annualised recurring revenue to June, while the audited 2025 accounts show €11M of revenue, two numbers that measure rather different things. At Jobandtalent, Spanish losses widened from €92.3M to nearly €120M as revenue dipped about 1% to €1.8B; its €350M BlackRock loan now runs to October 2028. And Bastion Capital Partners One is raising a Spanish fund of €300M–€500M aimed at defence, aerospace, security and dual-use technology.

Claude's summary in English of Dealflow.es's article (published 13 Oct 2026).

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