Participated · Series D · Jul 2024

Exoticca operates a traveltech platform that digitizes and sells complex multi-day tour packages combining flights, hotels, transfers and activities across 70+ destinations. The company is investing heavily in its proprietary AI-powered interconnectivity systems to synchronize services, personalize recommendations, optimize pricing and automate itinerary creation. Management says these AI capabilities improve matching between travelers and experiences while boosting operational efficiency and partner relationships. Exoticca is present in markets including the United States, Canada, United Kingdom, Spain, Australia, Colombia and Mexico, and generates more than 75% of its business in North America. The company positions itself as a digital pioneer in the €100 billion multi-day tour package sector and is a portfolio company of several venture funds. Recent financings have strengthened its balance sheet to support further international expansion and technology investment. Exoticca runs a platform that integrates flights, hotels, meals, transfers, transport and local suppliers to simplify booking of complex multiday tour packages. The company says its model can reduce costs by as much as 30% compared with traditional offerings. Exoticca reports it has more than doubled sales year-over-year since 2015. It operates in the United States, Canada, United Kingdom, France, Germany, Spain, Mexico and Colombia through a network of online and offline travel and non-travel partners and offers 70 destinations from its Barcelona headquarters. Seventy-five percent of its business comes from the U.S. and Canada and the company targets middle- and upper-middle-class customers. Management says the objective is to expand into Latin America, the Middle East, India and China. Exoticca digitises high-complexity, big-ticket tours (multiple flights, hotels and activities) and offers them completely online with real-time availability, removing traditional brick-and-mortar intermediaries. Its platform speeds up purchasing and helps deliver more affordable prices for large trips. The company has expanded into Latin America, recently opening Mexico and Colombia, and plans to launch five more markets in the region by 2024. Exoticca reports rapid revenue growth: from €2 million in its first year (2015) to €200 million in 2023, and it expects to reach €300 million in sales by the end of 2024. To date the company has raised over €85 million in funding. Management positions the business for continued geographic expansion using digital distribution to scale. Exoticca, founded in 2013 and based in Barcelona, is a next-generation tour operator that enables online booking of complex multi-day trips by bundling flights, hotels, transfers and activities in one platform. The company uses technology to deliver a frictionless purchasing experience, real-time monitoring and enhanced in-destination customer support. It currently sells trips to over 60 destinations across seven markets (US, Canada, UK, France, Germany, Spain and Mexico) and recently launched a B2B vertical for traditional travel agencies. Exoticca has reported sustained growth with an average compounded growth rate of over 100% since 205 and expects to close 2022 with €120 million in revenue. The platform raised a €20 million venture debt financing led by Claret Capital Partners and Sabadell Venture Capital, bringing the company's total funding to €66 million. Proceeds will be used to accelerate growth, increase investment in technology and product, and support expansion into the Americas. Exoticca operates a digital platform for multi-day package tours to long-haul destinations, enabling online purchase of complex packages with flights, hotels and activities. Its platform covers over 50 destinations worldwide. The company is based in Barcelona and currently operates in the United States, Canada, the United Kingdom, France, Germany and Spain. Led by CEO Pere Vallès, Exoticca plans to use new funding to invest in technology and product to further automate the booking process and enhance travelers' experience. The company is also open to growing through acquisitions. Financially, Exoticca has raised a total of $53M to date after closing a $30M Series C.

Participated · Equity · Oct 2023

Automata builds an operating system for laboratories, combining modular robotic hardware, orchestration software, and unified data infrastructure to let scientists program experiments rather than robots. Its platform aims to close the gap between AI-driven computational biology and the manual workflows still common in wet labs, delivering higher experimental throughput, reproducibility, and resource efficiency. The company already serves five top pharmaceutical companies through repeat deployments and large-scale automation projects. New product work is focused on data and closed-loop experimentation capabilities that enable self-serve, AI-driven drug discovery. Automata plans to use fresh capital to scale global customer deployments and expand engineering, product, and customer-success teams. Headquartered in London, the company positions itself as the reference architecture for autonomous, software-defined labs in pharma, biotech, and advanced research.

Participated · Series B · Nov 2022

Lodgify offers a Software-as-a-Service platform that includes a website builder enabling vacation rental hosts to accept direct bookings and payments without technical skills, plus API integrations with major channels like Airbnb, Vrbo and Booking.com. Owners can manage all reservations from one place and synchronize property data across booking channels. Led by CEO Dennis Klett, the company has expanded its R&D team to over 70 employees and grown the whole company to almost 200 people representing 43 nationalities. Lodgify plans to use recent funding to accelerate global expansion, boost product growth and expand customer support. The company raised $30M in a Series B round to support these initiatives. Lodgify’s core product is a SaaS platform that lets vacation rental owners build mobile-friendly websites for each property, accept online bookings and process payments. The software automates the booking workflow, including booking management, guest communication, payment scheduling and refundable cancellations. It also supports advanced API integrations with platforms like Airbnb and Booking.com so hosts can manage direct and indirect channels. The company is watching developments in cryptocurrencies and smart contracts as potential future features for self-executing bookings. Lodgify plans to scale its team, accelerate product development and increase global marketing efforts. The company recently hired Alex Vuilleumier as COO and currently has a team of 50 people. Financially, Lodgify has raised a total of $7.3 million to date. Lodgify offers a Software-as-a-Service that lets vacation rental owners create mobile-friendly, bookable websites that accept online payments. The product is designed to help owners and property managers generate more direct bookings and reduce dependence on online travel agencies like Airbnb and Booking.com. The company cites that 92 percent of travellers prefer to book a vacation rental online and says many owners lack bookable websites, resulting in an average of 9–10 days of email exchanges before a booking is completed. With the new investment Lodgify plans to expand product development — including a foray into chatbots and messenger-supported booking functionality — and increase sales and marketing. The funding round raised €1.4M and brings the company’s total funding to €2M. Lodgify is based in Barcelona. Lodgify offers a browser-based service that enables vacation rental owners and managers to create mobile-friendly websites and manage reservations in real time without paying commission. The product suite includes website templates, an online booking engine, a reservation system and a channel manager. It provides monthly subscription plans for single owners up to managers with 1 to 500+ properties. The company recently closed a seed round and intends to use the funds to enhance its website-building software, expand the product team, and launch additional features. Lodgify is a Seedcamp alumnus.

Participated · Series A · Sep 2022

Toqio is a fintech SaaS platform that enables companies to create and launch fully branded banking and finance solutions as apps or on the web in days through its extensible platform and marketplace. The platform can be extended with customers' fintech products and connects to a marketplace of partners, including Clear.Bank, Currencycloud, Modulr, and Railsr. Founded in 2019 by Eduardo Martinez and Michael Galvin, Toqio has offices in London, Madrid, and Nairobi and grew its headcount to over 100 in the past year. The company removes the need to build and manage complex software, allowing businesses (not just banks) to launch embedded finance solutions rapidly. Toqio plans to use the new funding to expand throughout Europe, including France and Germany, and has made senior appointments in London and Madrid. The financing includes an €18.7M Series A and a €1.3M grant from Spain’s Centre for the Growth of Industrial Technology (CDTI). Toqio is a white-label digital finance SaaS platform that enables businesses and brands to launch fintech products quickly. Its core product provides pre-built modules for digital banking, card programs, financing solutions, and a marketplace that customers can assemble into applications. The company sells to financial institutions, fintech startups, banks, and corporate brands and already counts customers across Europe, including Crealsa, Wamo, and Just Cash Flow. Headquartered in London and Madrid, Toqio positions itself as an end-to-end, plug-and-play enabler for embedded finance. The founders, Eduardo Martínez and Michael Galvin, previously built small-business SaaS startup Geniac, which was acquired by Grant Thornton. Toqio recently closed a €8M ($9.4M) seed round to accelerate product development and go-to-market expansion.

Participated · Series A · Jul 2022

Founded in 2020, 011h integrates design, production and on-site assembly in a single digital system to construct sustainable, modular buildings using engineered wood, light metal structures and prefabricated concrete. By streamlining the entire construction process, the platform reduces waste and emissions while shortening delivery times and improving supply-chain transparency. The company currently has housing developments worth €50 million under construction across Spain with developers such as AEDAS Homes, Culmia and Renta Corporación. It has also secured commitments for an additional €100 million in projects scheduled for 2026 and expects to deliver more than 600 new homes by 2027. 011h positions itself as a recurring-revenue business, planning to scale its low-carbon model across Europe. Its founders previously built fashion e-commerce leader Privalia, bringing significant operational experience to the venture.