Seed VC, Barcelona
Encomenda Smart Capital
Venture capital firm · Barcelona · Founded 2017
Quick read
Encomenda Smart Capital is a seed-stage VC founded in 2017 and headquartered in Barcelona, Spain. Run by serial founders, it backs pre-seed and seed technology startups primarily in Spain and Portugal, writing initial tickets of €100K–€500K with follow-on capacity up to €3M. Its second fund targeted €40–50M, with a €15M first close already confirmed.
Key facts
- Founded
- 2017
- Founders
- Carlos Blanco, Oriol Juncosa
- Employees
- 2-10
- Sectors
- generalist, saas, ai, fintech
- Website
- encomenda.com
Investment thesis
Encomenda backs technology-driven pre-seed and seed founders in Spain and Portugal — primarily SaaS, AI, and fintech — writing €100K–€500K initial tickets and following on up to €3M, with capital sourced from family offices and successful entrepreneurs.
Recent activity
- Mar 2026investmentLed a $1M Seed round in Bcount, marking the firm's most recent tracked deal. startupintros.com
- Jul 2025investmentLed a €670K pre-seed round in Metly, a pharma deal-search platform. cbinsights.com
- 2022fundraiseAnnounced second fund targeting €40–50M focused on Spanish and Portuguese startups, reporting a €15M first close from family offices and successful founders. startupintros.com
- 2022leadershipCo-founder Oriol Juncosa publicly announced he and Carlos Blanco would not promote new funds together due to differences in corporate governance and strategy; Carlos Blanco retains use of the Encomenda name. linkedin.com
Notable investments
- BcountSeedMar 2026startupintros.com
- MetlyPre-SeedJul 2025cbinsights.com
- LandbotSeedes.linkedin.com
- CobeeSeedes.linkedin.com
- MediquoSeedes.linkedin.com
- DeclarandoSeedes.linkedin.com
- FloorfySeedes.linkedin.com
- WooniversSeedes.linkedin.com
Key people
Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.
- Carlos Blanco · Managing Partner & Co-Founder
- Oriol Juncosa · Co-Founder & Managing Partner
- Merce Tell · General Partner
- Marçal Llobet · Analyst / Early-Stage Sourcing
- Marta Sentís · Investment Director
Sources
Other VCs in Spain
- Seaya Ventures · Multi-stage VC, Madrid·
- Kibo Ventures · Multi-stage VC, Madrid·
- K Fund · Early-stage VC, Madrid·
- JME Ventures · Early-stage VC, Madrid·
- Samaipata · Early-stage VC, Madrid + Paris·
- Nauta Capital · B2B VC, Barcelona + London
Explore VCs by sector
Globally
Frequently asked
What is Encomenda Smart Capital?+
Encomenda Smart Capital is a seed-stage VC founded in 2017 and headquartered in Barcelona, Spain. Run by serial founders, it backs pre-seed and seed technology startups primarily in Spain and Portugal, writing initial tickets of €100K–€500K with follow-on capacity up to €3M.
Where is Encomenda Smart Capital headquartered?+
Encomenda Smart Capital is headquartered in Barcelona, Spain.
When was Encomenda Smart Capital founded?+
Encomenda Smart Capital was founded in 2017 by Carlos Blanco, Oriol Juncosa.
What sectors does Encomenda Smart Capital invest in?+
Encomenda Smart Capital focuses on generalist, saas, ai, fintech. They primarily invest in these sectors.
How do I prepare for a meeting with Encomenda Smart Capital?+
Brief generates a structured pre-meeting briefing on any person at Encomenda Smart Capital — quick read, recent activity, points of view, and conversation openers tailored to what you sell. Sign in to get personalised openers for your product.
Meeting with someone at Encomenda Smart Capital?
Brief generates a structured pre-meeting briefing on any person in seconds.
Try Brief →Generated by briefthecall.com from public web sources on May 27, 2026. Each claim is linked to its source above.