Teresa Azcona

The most relevant news about Private Capital Fundraising in Iberia 🇪🇸 🇵🇹 last week: 🌍 El Instituto de Crédito Oficial (ICO), allocates a total of €900M to venture capital. Beneficiaries include Actyus, Asabys, Cardumen Capital, ME Venture Capital, Abac Capital, Business Booster, Lanai Capital, and Sabang Investments. It has also provided €600M to Portobello Capital, Miura Partners, Nazca Capital y Queka. 💼 Portobello's New Fund: Portobello launches a €750 million venture capital fund, Fund V has been selected by the Government in the latest ICO call. 📈 Maruna Capital Launch: Javier Marroquín Ruiz-Navarro announces the launch of Maruna Capital, a Search Fund dedicated to identifying, managing, and growing SMEs in Spain. 🏥 Healthcare Activos Fund: Healthcare Activos launches a new fund with a €650 million investment to expand across Europe. This second vehicle, named Healthcare Activos Yield 2, focuses on acquiring and developing healthcare facilities. 💡 Banco Santander Renewable Fund: Banco Santander raises €100 million to invest in renewables in Spain and Portugal. The fund will target photovoltaic solar and wind power generation companies, as well as storage systems or batteries. 💻 Indico R&D Fund: A new investment fund aimed at software companies launches in the Portuguese market. The Indico R&D Fund, by Indico Capital Partners, has subscribed €57.5 million, with a potential to reach €70 million, as part of the Banco Português de Fomento's venture capital program. 🔒 Vonzeo III Closing: Vonzeo III announces its initial closing, generating over $40 million in commitments. This follows the initial closings of Vonzeo I ($8 million) and Vonzeo II ($20 million), with more funds expected over the next year. Did we miss anything? Remember that we summarise all the regional news about M&A/Private Capital every Monday M&A Teaser Iberia 🇪🇸 🇵🇹 #194

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MGV Capital was born from an idea and a feeling that originated in Mariano González Vasconcelos’s early life. The acronym "MGV'' not only represents his name but also embodies the vision of "Massive Growth Ventures.” From an early age, Mariano González Vasconcelos felt a fascination with the world of investments, nurturing the dream of establishing his own investment fund. After years of experience in international technology companies, notably Dell Technologies, Intel Corporation, VMware, Toyota Motor Corporation, Southwest, and Cigna, where he primarily led global teams in mergers and acquisitions, he gained a profound understanding of the business world and the importance of having a solid strategy as the foundation for the exponential growth of companies. With the aim of breaking through this barrier and supporting technological innovation in both the United States and Mexico, he decided to create MGV Capital. 👉🏻 In September 2020, we took our first step towards this mission with our first investment. Since then, we have positioned ourselves as a cross-border venture capital firm committed to supporting and nurturing entrepreneurs who seek to transform the world with their innovative ideas. 👉🏻 Today, we have made over 25 investments, primarily in Fintech, Enterprise Software and Consumer Internet. We aim to assist early-stage founders with the passion and emotional intelligence necessary to build strong cultures that yield long-lasting products. We have formed strategic alliances with over 30 influential entrepreneurial networks, institutions, and strategic partners, among others, to amplify our mission. Learn more about us 👉🏻 https://mgvcapital.com/ #MGVCapital

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Median wealth per every european adult

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We are officially announcing today Bynd's Fund III of 40M€ to invest in Pre-seed and Seed Iberian Founders & Startups further strenghtning our commitment to the Region! This marks the consolidation of the strategy we have started +10 years ago with the launch of our first fund, targeting to become a truly Iberian VC -> built by an Iberian Team, with Iberian LP's and a fast-growing Iberian Portfolio. Similar to many (all?) of our startups, raising funds is tough and requires a strong deal of dedication and resilience! So it's also a unique opportunity to thank all my partners / second family Santiago Salazar Lurdes Gramaxo Tomás Penaguião, team members Martinho Correia de Matos Alvaro Garcia Blazquez Gerard Adell Atienza Filipa Fonseca, all the LPs that continue or started to support us in this journey and of course all the Founders that we are or have worked with during all these years! Looking for Seed funding? Apply now at www.bynd.vc 👈 If you know an amazing Iberian startup, recommend them to us! ✍ Check out more info: https://lnkd.in/dzpATaKu https://lnkd.in/d-f3rwZn Bynd Venture Capital #byndvc #seedinberia #iberianvc

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Read the article about the breakfast organised by AlterForum, where we discussed the critical trends shaping the private markets. Our Managing Partner, Miguel Zurita Goñi was joined by key industry leaders: Manuel Gutiérrez-Mellado Satrústegui, Investor Relations at Arcano Partners; André Themudo, Head of Wealth at BlackRock Iberia; Borja González Rueda, MFIA, Associate Director at M&G Investments; and Ignacio Resusta Aguilar, Investment Specialist in Private Markets Iberia at UBS AM. They discussed how private markets continue to show resilience and appeal in today's complex environment. Investors are increasingly turning to private assets such as infrastructure, ELTIFs, structured credit, asset management and secondary markets to diversify portfolios and generate returns. Institutional investors are evolving and using these sophisticated strategies to stay invested in private markets. Many thanks to Montserrat Formoso from AlterForum (FundsPeople (ES) for organising this insightful event. #privatemarkets #secondaries #alterforum https://lnkd.in/d4zMGVGm

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Meeting the challenges in the EU 🇪🇺 requires large investments. We need to improve our capital markets to attract international investment and mobilise more private funds. Sweden has the deepest capital market in Europe. What does it mean?   A recent article by Financial Times gives more details (link in comments).

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The most relevant news about Private Capital Fundraising in Iberia 🇪🇸 🇵🇹 last week: ProA Raises a €200 Million Fund for IPD 🦷 The Spanish private equity firm extends its investment in the dental manufacturer and builds around it the Life Dental group. The Institut Català de Finances (ICF) has created a new venture capital fund 🚀 Endowed with €40 million, to boost tech and innovative companies in the growth phase within the digital, industrial, and climate sectors operating in Catalonia. Biovance Capital Partners announces the launch of a biotech fund 🧬 With a first close of €51M. The strong first close confirms the fund's strategy to invest in the burgeoning early-stage drug development sector across Europe, with a special focus on Southern Europe. Asterion Industrial Partners has achieved the first close of its third infrastructure fund 🏗️ Raising €1.5 billion, as announced in a statement on Monday. Remember that we summarise all the regional news about M&A/Private Capital every Monday M&A Teaser Iberia 🇪🇸 🇵🇹

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When you have everything and you feel empty, that's when you start to question whether reality goes beyond what we automatically perceive. GenAI infographic of the essay "Viaje desde la ciencia a la consciencia buscando comprender al ser humano" (Journey from science to consciousness seeking to understand the human being). Ricardo Forcano #GonzaloRodriguezFraile Cuando lo tienes todo y te sientes vacío, es cuando empiezas a cuestionarte si la realidad va más allá de lo que percibimos en automático. Infografía creada con IA Generativa del ensayo "Viaje desde la ciencia a la consciencia buscando comprender al ser humano".

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🇪🇸 Ya arranca el segundo fondo en Archipélago Next y seguimos analizando Dealflow para los nuevos 20 MM €. #emprendimiento #startups #capitalriesgo __ 🇬🇧 The second fund in Archipelago Next is already investing and we continue to analyze Dealflow for the new €20 mil. #entrepreneurship #startups #venturecapital #vc

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MODO CRIPTO | Tax & Accounting , Agencia comma and UPF Barcelona School of Management launch a new video podcast where expand horizons to other professional sectors. In this chapter: from #FIAT to #Cryptocurrencies With our CEO Sergi Valero Pujol , Luz Parrondo, PhD , Sandra Adrián [ Cripto Tax ] and Noemi Jansana

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"Mom, we made it in the news!” We are thrilled to announce our €800k Pre-Seed led by {{linkedin_mention(urn:li:organization:11132867|Abac Nest Ventures)}}, with participation from {{linkedin_mention(urn:li:organization:28553535|Combination VC)}}, {{linkedin_mention(urn:li:organization:10616214|JME Ventures)}}, and {{linkedin_mention(urn:li:organization:1546341|Itnig - Startup Ecosystem)}}. This investment affirms Hoola’s unique approach to Conversational AI in eCommerce. 6 months after taking on our first paid client, we’re proud to support 75+ brands with the challenges they face around customer experience. We could go on and on about how our proprietary tech is the must-have for eComs looking to improve customer support while driving conversion, but honestly, we’ll let the numbers speak for themselves: 70% of chats automated > 15% Conversion Rate in conversations 22x average ROI Hoola is just getting started and has some very cool & unique (if we do say so ourselves) features in the pipeline to continue helping eComs You can read the article here (ESP): https://lnkd.in/gNAYBMHF

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Thank you, Mergermarket for inviting me this week as a keynote speaker to the Private Equity and M&A Forum Spain. It was a pleasure to open the event by discussing the challenges and opportunities in the sector! We find ourselves in a complex context, on one hand, there has been a decline in fundraising, but, on the other, interest rates appear to have stabilized, record dry powder is stacked and ready for deployment, and we are also finding new sources of financing with the increasing participation of #familyoffices and retail investors. We are ready to unlock new potentials in the PE market! #PrivateEquity

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Interview of Javier Rodriguez-Vega  Director of AERI Asociación Española para las Relaciones con Inversores , partner with JB Capital Markets of CF&B Communication - Midcap Events 2024 🔔 Today we continue the interview of the Partners of the Annual Midcap Event on the 1st & 2nd of October. 2024 with Javier Rodriguez-Vega Javier Rodriguez-Vega talks about WHO they are, WHAT they propose to Iberian SME’s, WHY they participate. More JB Capital Markets, Iberian Partner, was founded by Javier Botín in 2008 and is based in Madrid. Spain & Portugal’s leading independent Equities house, they cover more companies and have been involved in more ECM deals than any other broker in their region. #2 Best Broker in Iberia in Institutional Investor for 3 years running. 👉🏼 The Annual Midcap Event holds great importance within the Capital Markets industry, offering a unique platform for listed and pre-IPO companies from Europe/UK to present their investment merits for the broader investment community. 💡 The event will comprise 2 full days of One-to-One’s, Group Meetings, Discovery Meetings, Workshops, Round Tables, Networking - and more! 📅 When? 1st & 2nd of October 2024 📍 Where? Hotel Westin Vendôme (Paris) ➡️ How? Get more information or register here: [email protected] Jose Martins Soares Javier Rodriguez-Vega AERI Asociación Española para las Relaciones con Inversores JB Capital Markets Thanks to Léava Cohen for the great job ! #entreprisescotées #investorrelations #smallandmidcaps #Midcaps #smallcaps #frenchtech #sociétésdegestion

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The most relevant news about Private Capital Fundraising in Iberia 🇪🇸 🇵🇹 last week: Creand AM launches its first venture capital fund of funds in Spain. The fund provides access to niche products from boutique managers, in a global geographical universe, with a significant focus on the US and Europe. 🌍 The founders of Aelca transform the firm with which they control UD Sanse into an SCR (Sociedad Capital Riesgo). Javier Gómez Fernández and José Juan Martín Montes, who created the developer, have stakes in Atalaya Desarrollos Urbanísticos and the McWin Food Ecosystem fund. 🏢 Expansion analyzes the Spanish VC funds are gearing up with new capital again. Managers like Kibo, Kfund, Encomenda Capital Partners, and Seaya are gaining more resources to continue supporting startups. Existing funds are joined by new projects like Hyperion and Plus Partners. 💼 Please let me know if you want access to all the new funds raised since 2020!

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Our CIO, María Guinda Pérez, CFA, has published an article in FundsPeople (ES), offering a clear perspective on what investing in crypto ETFs truly entails. From their role as "digital gold" to their potential as a catalyst for blockchain technology. #CryptoETFs #Blockchain #DigitalAssets #Investment #CFA #Innovation

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Venture capital is generating growing interest in Spain as a vehicle to channel investments into small innovative companies, boosting the entrepreneurial ecosystem in our country; and it also offers investors a long-term and less volatile alternative to traditional markets. “Venture capital offers an intelligent alternative to diversify the portfolio and seek higher returns outside the more traditional public markets,” according to our general partner, Alejo Costa. In his opinion, “the alternative of venture capital, makes it possible to increase return expectations to figures of 15% or 20% per year”. Learn more about the rise of this type of investment in this article by Cristina Murgas (Quum Comunicación), for FORBES España. 👉 https://lnkd.in/dU9F3jAp For more info about CRB Health Tech SGEIC, please connect to Alejo Costa Ribalta or Ignasi Heras. Joan Pina Olle (Abac Nest Ventures), Collyer Capital, Juan Alberto Sánchez (IEB), Sanitas, CBNK Banco, Roca Group, Ajuntament de Barcelona #private equity #Investment #innovation #diversification #portfolio #VentureCapital

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The most relevant news about Private Capital Fundraising in Iberia 🇪🇸 🇵🇹 last week: 🏢 Polo Villaamil enters venture capital after selling Plenoil and creates LPV Capital with Abante. 💰 Springwater rebrands to DVC Partners and considers launching a fund of up to €150 million, moving away from direct investments. 🤝 Santander is negotiating the purchase of part of Tresmares to accelerate its business growth in Europe, particularly targeting France and Germany. 🌍 Azora establishes a new subsidiary to expand investment management in Spain and the US, merging its existing operations under Azora Investment Management, separating this business from Azora Capital's portfolio. 💸 IVF launches a call for venture capital managers to invest €50 million in companies. 💼 Inveready has reached the first closing of its new fund, Inveready Innvierte Convertible Tech Notes I, with €52 million. 📉 GFED, the ethical institutional manager born from the University of Navarra, has had to reduce capital to offset ongoing losses. 🚪 Balio Capital, including figures like Iñaki López Gandásegui and Pedro Abásolo, voluntarily exits CNMV regulation due to a lack of investors. Remember that we can provide you with access to all the new fundraising processes in private capital since 2020!

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The most important news about Alternative Funds in Iberia last week: Elewit and Grupo Dunas launch Adara Ventures Energy I, which has a global investment of €120 million to finance innovative solutions. ⚡ 2 New Search funds were launched last week, Audaz Capital and Entredos Capital The Puig family bets on private equity. One year after the four branches of the Puig family launched Exea Capital SCR, one of these branches – the Puig Guasch brothers – has created Schuls SCR as a vehicle to channel their investments in private equity and venture capital. 💼 Iván Redondo creates a holding company to group his businesses following his latest ventures. The former Chief of Staff of the Spanish Prime Minister during Pedro Sánchez's early years decided to create a polling company and enter the world of investments. 💼 The Basque Government has invested nearly €30 million in venture capital funds managed by third parties. 💶 But we have some not so good news from last week 😟 Brain VC Fund, the first venture capital fund aimed at investing in artificial intelligence in Spain, is now in the past. Hubble Capital, led by Carlos Moure, aimed to raise €30 million but failed to secure the capital despite the AI boom. They were unable to take positions in Spanish (and European) companies specializing in AI and machine learning solutions. 🤖 Vigo Activo, the venture capital fund from Zona Franca de Vigo, nears €3 million in losses. Vigo Activo ended its 2023 fiscal year with losses exceeding €2.6 million due to the impairment of shares in about 20 companies and participative loans. 📉

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