Multi-stage VC, Madrid

Kibo Ventures

Venture capital firm · Madrid · Founded 2012

Quick read

Kibo Ventures is a multi-stage VC firm founded in 2012 and headquartered in Madrid, Spain. It has grown from an initial €43M fund to over €500M raised across six vehicles, backing early-stage European tech companies and helping them scale into the US. Fund IV targets deeptech, cybersecurity, vertical AI, and data management, with a cross-border remit extending into Eastern Europe and planned offices in Paris, London, and Berlin.

Key facts

Founded
2012
Founders
Javier Torremocha, José María Amusategui
Employees
10
Sectors
generalist, saas, ai, security
Website
www.kiboventures.com

Investment thesis

Kibo backs early-stage European tech founders—particularly in deeptech, data management, cybersecurity automation, and vertical AI—writing ~€5M checks at seed and Series A, then supporting companies as they scale into the US. Fund IV sharpens focus on cross-border deals including Eastern Europe, with dual-use defence tech as an emerging area.

Recent activity

  • 2025fundraise
    Kibo Ventures Fund IV reached a first close of €80 million, targeting a final size of €150 million. The fund backs 20–25 companies, leads seed and Series A rounds at roughly €5 million per deal, and allocates ~40% to follow-on investments. LPs include BBVA Spark, the European Investment Fund, CDTI Innvierte, José de Mello Capital, and the founding family of Mahou. everythingstartups.com
  • 2025investment
    Kibo Ventures led a €9.25M round for FOSSA Systems, the Spanish company with the most satellites launched to date. Co-investors included SPARX, SETT Spain, Índico Capital Partners, and WISeSat.Space. The capital targets international expansion and continued deployment of sovereign satellite communications infrastructure. linkedin.com
  • 2025fundraise
    Kibo Ventures announced Nzyme, a new €200M technology private equity fund within the Kibo family, built in strategic partnership with Oliver Wyman. Nzyme targets profitable SMEs in fragmented, under-innovated markets where technology can drive growth. Juan López leads the fund as Managing Director. linkedin.com
  • 2025investment
    Kibo Ventures led a $7 million Series A in HyperSpectral, alongside RRE Ventures. superscout.co
  • 2024investment
    Kibo Ventures participated in Onum's $28M Series A round, alongside Alstin Capital (lead), VentureFriends, Seaya, Banco Sabadell, EA Ventures, Plug and Play Tech Center, and Finaves. fundingtrip.com
  • Mar 2025press
    Jordi Vidal and Javier Torremocha represented Kibo Ventures at the CEEVC Summit in Warsaw (March 24–25), with Torremocha joining as a speaker. The appearance reflects Kibo's push to build presence across Central and Eastern European VC networks. es.linkedin.com
  • Jan 2026investment
    Kibo Ventures led a $15M seed round for Zepo Intelligence, alongside eCAPITAL and TIN Capital, to protect workspaces from AI-driven social engineering. crunchbase.com
  • Jan 2026investment
    Kibo Ventures and Kfund invested in MITO, an AI-powered video creation start-up. crunchbase.com
  • 2025–2026fundraise
    Kibo Ventures achieved an €80M first close on Fund IV, targeting a €150M hard cap by Q2 2026. LPs include BBVA Spark, Mahou's founding family, and the European Investment Fund. The fund targets 20–25 investments of around €5M each, with 8–10 outside Spain, and plans to hire in Paris, London, and Berlin. techfundingnews.com
  • 2025–2026fundraise
    Kibo Ventures launched Nzyme, a €200M technology private equity fund, in strategic partnership with Oliver Wyman. The fund targets profitable SMEs in fragmented, under-innovated markets. A new senior team with private equity and technology experience leads it. linkedin.com
  • 2025–2026leadership
    Covadonga García-Valdés was promoted to Principal at Kibo Ventures, having joined from a background spanning investment banking and startup operations. linkedin.com
  • 2025–2026fundraise
    Kibo Ventures' website reports total AUM now exceeds €500M raised across six funds, up from the previously reported $350M figure. kiboventures.com

Notable investments

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

  • Javier Torremocha · Co-Founder & CEO
  • Aquilino Peña · Co-Founder & Managing Partner
  • José María Amusategui · Co-Founder
  • Sonia Fernandez · Partner
  • Ignacio Pallás · Team Member
  • Joaquín Melgarejo · Team Member
  • José María Amusátegui · Co-founder & Managing Partner
  • Sonia Fernández · Partner

Sources

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Frequently asked

What is Kibo Ventures?+

Kibo Ventures is a multi-stage VC firm founded in 2012 and headquartered in Madrid, Spain. It has grown from an initial €43M fund to over €500M raised across six vehicles, backing early-stage European tech companies and helping them scale into the US.

Where is Kibo Ventures headquartered?+

Kibo Ventures is headquartered in Madrid, Spain.

When was Kibo Ventures founded?+

Kibo Ventures was founded in 2012 by Javier Torremocha, José María Amusategui.

What sectors does Kibo Ventures invest in?+

Kibo Ventures focuses on generalist, saas, ai, security. They primarily invest in these sectors.

Who is the CEO of Kibo Ventures?+

Javier Torremocha is the CEO of Kibo Ventures.

How do I prepare for a meeting with Kibo Ventures?+

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Generated by briefthecall.com from public web sources. Last updated July 9, 2026. Each claim is linked to its source above.

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