Participated · Seed · Jul 2024

Founded in 2021 and headquartered in Vigo, Kreios Space is building an Air-Breathing Electric Propulsion (ABEP) engine that ingests atmospheric air, converts it to plasma, and powers satellites without the need for onboard propellant. The technology is designed to keep spacecraft flying at altitudes of 150–400 km, where they can deliver three-times-higher image resolution and enable direct-to-device broadband connectivity. The company plans to use its new capital to test the ABEP engine in orbit and launch its first two VLEO satellites, followed by commercial Earth-observation and broadband constellations. Kreios’ 17-person team includes talent drawn from Thales, JAXA and the European Space Agency and has received support from Spain’s CDTI and Spanish Space Agency under the National Space Technology Programme. Strategically, the startup positions Europe for greater autonomy in space infrastructure while targeting applications such as wildfire detection, infrastructure monitoring, defence and disaster response. Financially, Kreios has now raised €10.3 million in total, including the latest €8 million seed round and a prior €2.3 million tranche closed earlier in 2024. The fresh funds will accelerate hardware development, orbital demonstration and subsequent commercial deployments.

Led · Seed · Mar 2024

Mediterranean Algae is a Spanish blue-tech company focused on BIOREMED ALGAE®, a scalable, modular system that uses algae to remove pollutants such as nitrates and phosphates from marine and port waters. In a real-world pilot at the Port of Alicante, the installation processes more than four million litres of water per month and achieves pollutant reductions above 60 %, moving the solution from experimental stage to operational infrastructure. Complementing the core platform, the firm has introduced POSINODE, a continuous water-quality monitoring technology that feeds an AI-powered platform for early spill detection, real-time analytics and preventive alerts. Its circular model valorises the algae biomass into premium cosmetic ingredients for sun care, depigmentation and anti-aging applications, turning environmental compliance into an additional revenue stream. The company has secured €2 million in European funding to complete product development and commercial rollout. These proceeds will accelerate scale-up and enable deployment across ports and marinas throughout Europe.

Led · Equity · Dec 2023

beder offers a visually driven travel marketplace where users discover and book experiences via short videos created by other travelers. The startup launched an app and website within its first 18 months and has won industry recognition, including a Telefónica prize at the Tourism Innovation Summit 2022 and a Future Travel mention as one of the 10 traveltech startups with most potential. beder reports more than 7,000 active users, 25,000 videos, and 370 reservations with a market value of €67,000. The company positions itself as a disruptor by adapting bookings to the visual language of younger generations and simplifying itinerary planning. Management says the recent financing gives the team the capital needed to begin scaling and expanding its offering.

Led · Seed · Dec 2023

Cycle Platform operates an e-commerce marketplace for luxury fashion that offers a seasonal new-product model where consumers can return items at the end of the season to lengthen textile lifecycles. It also develops a technology platform to identify each garment at manufacture, trace items through their lifecycle, and support implementation of the EU Digital Product Passport (DPP). The company plans to use new funding to continue growing and to further develop both its e-commerce offering and its garment-traceability technology. Cycle Platform emphasizes guaranteeing traceability and ultimately certifying recycling of returned items. The business is based in Barcelona, Catalonia. The company closed a pre-seed financing to support these product and growth plans.

Led · Equity · Sep 2023

Spanish startup Aunoa builds and deploys advanced conversational AI agents that blend generative and proprietary models to automate high-volume customer interactions for sectors including banking, logistics, telecom, retail and finance. The platform integrates with existing CRM and ticketing systems, handling use cases like lead capture, customer service and scheduling while emphasizing data governance and regulatory compliance. Aunoa’s solution is already active in 10 countries and supports multiple messaging channels. In 2025, the company reported €2 million in recurring turnover and has grown to a 35-person team. The new capital will help the company scale its commercial footprint across Europe and further enhance its AI capabilities.