Urkabe Benetan — Other

Private-equity manager Stellum Capital, through its Stellum Food&Tech I vehicle, took a c.31.5% minority stake in Urkabe Benetan mainly via a capital increase, to fund organic and inorganic growth and international expansion; the amount was not disclosed and the company had c.€26M revenue and 100+ staff at the time. This is a growth/PE minority deal rather than a venture round — Urkabe Benetan is a family-owned Basque food manufacturer (Benetan traces to founder Enrique Pérez in 1960, integrated into Grupo Gourmet Okin/Grupo Indaux in 2006) with no earlier announced funding rounds; the May 2025 combination with Ameztoi of Zestoa (and the associated €1.55M statutory capital increase registered 29 July 2025) was a share-exchange merger, not a funding round. Advisers: Norgestión (company), Cruces Torres, KPMG and Kaizen (Stellum).