Fundraising Fox

Acurio Ventures

Venture capital

Bilbao · Seed–Late Stage · 24 people tracked

Also known as All Iron Ventures

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Investment thesis

Acurio invests mainly in seed and Series A rounds across Europe with a sector-agnostic approach, prioritizing great companies and committed founders. The firm emphasizes agility, flexibility, and empathy — deciding quickly and delivering value from the first interactions. Acurio typically participates as a co-investor, collaborating with other investors and leveraging an extensive network of top-tier VCs to support founders, but will step up to lead or co-lead when a round requires it. The team builds on prior fund and company-building experience to pursue its venture strategy and generate strong returns.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
Check
$810K – $3.2M
HQ
Bilbao, ES
Leads rounds
Leads
Instruments
Equity
Founded
2018
Last 12 months
2 investments
AUM
$495M
Tracked investments
102

Team · 24 people

from the firm's website & curated & public directories
Mohamed-Nuri Beitelmal· Senior Investment Managerin

What they invest in

from 81 of 102 portfolio companies

SaaS ×29AI & Machine Learning ×26Consumer ×14Enterprise Software ×14Marketplaces ×13Fintech ×12E-commerce ×10Digital Health ×9

HQs:Spain×20United States×13Germany×5France×5United Kingdom×3Ireland×1

Who they back

founder profiles across 28 portfolio companies
43%
solo founders
12 of 28 mapped founding teams
59%
repeat founders
of 22 founders with career history

Founding team size:solo founder×122 founders×123 founders×34+ founders×1

Where their founders studiedfrom 23 founders with education data

HEC Paris ×3Harvard Business School ×2Hult International Business School ×2IPSA, école d'ingénieurs de l'air et de l'espace ×2Stony Brook University ×2The University of Salford ×2

Where their founders worked beforefrom 22 founders with career history

Airtime ×2AOL ×2eAssist Global Solutions ×2Meta ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×2

1 founders hold a PhD · 7 hold an MBA (of 23 with degree data)

Investments · 102 tracked

founders shown can be your intro path

By year:2026 · 12025 · 52024 · 12023 · 22022 · 22018 · 112 dated

TandemTracetandemtrace.ai✓ verified

TandemTrace provides an autonomous layer for security operations centers (SOCs) that performs Tier 1 alert triage, threat hunting, and coverage auditing around the clock.

AI & Machine LearningCybersecurityEnterprise Software

Almog Ohayon(CEO & Founder)in

Co-investorsAdara Ventures

40folds40folds.com

40folds offers a SaaS analytics platform that models business performance drivers to explain trends, forecast results, and optimize resource allocation across projects, channels, and locations.

AI & Machine LearningData & InfrastructureSaaS

ABOUNDhelloabound.comin

Carro operates a brand network that lets merchants sell products across storefronts and marketplaces like Amazon and Etsy, and add new products and categories without holding inventory.

B2B MarketplacesE-commerceRetail Tech

Co-investorsChaos Ventures

Ai Cousticsai-coustics.comin𝕏

ai-coustics provides an audio reliability layer with speech technology such as Voice Focus, which removes background noise and other voices to improve transcription accuracy and keep voice agents responsive in noisy environments.

AI & Machine LearningDeep TechDeveloper ToolsSan Francisco, US

Arne Corvin Jaedicke(Executive Officer, Director, Promoter)Fabian Helmut Seipel(Executive Officer, Director, Promoter)

BoardBORIS GOLDEN(Director)inSitar Teli(Director)in

Co-investorsInovia CapitalConnect VenturesConnect VenturesCreative Destruction Lab (CDL)Partech Ventures

Alpaggaalpagga.comin

Alpagga is a B2B marketplace and service provider specializing in professional kitchen equipment sales, maintenance, and financing for restaurants, food trucks, and catering businesses across France.

B2B MarketplacesFoodTechSaaS

Bordan Petrynka(Founder)inGeoffrey TAIEB(Founder)in

Co-investorsAFI VenturesFJ LabsKima Ventures

Apeteatapeteat.comin𝕏

ApetEat is a corporate meal service that delivers daily Mediterranean-diet meals, along with catering, breakfasts, and fruit, for companies and their employees as a workplace benefit.

Enterprise SoftwareFoodTechWellness & FitnessBarcelona, ES

APLANETaplanet.orgin𝕏

APLANET provides an ESG data management and analysis platform that helps companies organize, measure, and report on environmental, social, and governance metrics.

Climate TechData & InfrastructureEnterprise SoftwareImpact & Social GoodSaaSSpain, ES

Co-investorsBStartupDraper B1FJ LabsShip2B

Applauseapplause.devin

Applause is a curated mobile app marketplace that discovers and promotes high-quality applications built with ethical design and user respect.

B2B MarketplacesConsumerDeveloper Tools

Scotty Rogers(Founder)inJ. Taylor Olson(Founder)in

Co-investorsAlbum VCFJ LabsGoldman Sachs

Barkynbarkyn.com

Barkyn provides personalized dog nutrition — fresh steam-cooked meals and grain-free premium kibble delivered by subscription — bundled with ongoing veterinary monitoring for dog owners.

ConsumerDigital HealthDirect to ConsumerE-commerce

Co-investorsFive Seasons VenturesIndico Capital PartnersShilling VC

Beprobepro.lat
Candosacandosa.com

Candosa is a digital accounting and tax service (gestoría) for freelancers and small companies in Spain, letting users submit invoices via WhatsApp or a web platform and file quarterly taxes with the AEAT, with optional assigned human accountants.

FintechLegalTechSaaS

CCX

Tools for live negotiations, training simulations, and deal administration in pharma pricing and fintech markets.

CCX Pharmaccx.techin

CCX offers a platform for managing access agreement activities, with a focus on collaboration between payers and pharmaceutical companies.

Digital HealthEnterprise SoftwareHealthtechSaaS

Co-investorsHoxton VenturesLifeX Ventures

Circularcircular.io

Co-investorsPoint Nine

Cochescoches.com

Coches.com is an online marketplace for buying and selling new and used cars in Spain, listing over 230,000 offers across brands and provinces.

E-commerceMarketplacesMobility & Transportation

Crescentacrescenta.comin𝕏Jan 2025

Crescenta Investments SGIIC SA is a Spanish investment management firm (SGIIC) focused on private equity and financial education for investors.

FintechMadrid, ES

Co-investorsKfund

Daslabdaslab.healthin

DasLab provides a digital lab platform with a Diagnostics API that integrates laboratory data into digital patient records, using tools like an AI-driven LOINC Mapper and FHIR Converter for interoperability.

Data & InfrastructureDigital HealthHealthtech

Co-investorsKAYA

Deporvillagedeporvillage.com

Co-investorsSeedRocket

Digital Iron

AI platform providing aftersales intelligence for heavy machinery by analyzing service data to help dealers and manufacturers troubleshoot and quote repairs.

Digitalirondigitaliron.comin

Digital Iron is an AI platform for heavy machinery aftersales teams, offering tools for troubleshooting, parts lookup, job quoting, and identifying recurring service issues.

Advanced ManufacturingAI & Machine LearningSaaS

Co-investorsEntrepreneurs Roundtable Accelerator (ERA)RLC Ventures

Exoticcaexoticca.com

Exoticca offers curated travel packages to exotic destinations across multiple continents, partnering with local providers to create balanced itineraries with expert-designed experiences and 24/7 traveler support.

Travel & Hospitality

Co-investorsBStartupKibo VenturesMangrove Capital PartnersQuadrille Capital

Fintonicfintonic.comin𝕏

Fintonic is an online platform in Spain for comparing and obtaining personal loans, offering a free app with a proprietary "FinScore" indicator that helps users understand their financial profile and improve financing options.

ConsumerFintech

Lupina Iturriaga(Founder)

Co-investorsSquareOne CapitalING Ventures

Flagcat Studioflagcat.studio

Flagcat Studio is an animation and illustration studio that produces ambitious series while redesigning the traditional production pipeline to protect artists' wellbeing.

AI & Machine LearningCreator EconomyMedia & EntertainmentParis, FR

Co-investorsKima VenturesResonance VC

Flipflowflipflow.ioin

flipflow provides real-time monitoring of digital retail shelves, tracking competitor product launches, assortment changes, and commercial and promotional conditions in the consumer goods and private-label (MDD) sector.

AI & Machine LearningData & InfrastructureRetail TechSaaS

Co-investors4Founders Capital

Floyfloy.comin

Floy develops artificial intelligence software that analyzes radiological images to detect conditions beyond the primary diagnostic question, such as osteoporosis and cardiovascular risk factors.

AI & Machine LearningDigital HealthMedical Devices

Co-investors10x Founders

Fourvenuesfourvenues.com

Management software for event organizers that boosts event profitability and improves attendee experience.

Co-investorsDraper B1LanzaderaBase10 PartnersFJ Labs

Frekuentfrekuent.comin

Frekuent provides payment services for unattended transactions, offering devices ("Frekuent Spots") and account setup for businesses to accept payments.

FintechHardware

Game Learngame-learn.comin𝕏

Game Strategies (Game-Learn) builds AI-powered simulators and serious video games for corporate training, onboarding, and sales enablement.

EdTechGamingHR Tech

Gordiansoftwaregordiansoftware.comin

Gordian offers a single API that connects travel platforms and airlines to airline ancillary products such as seat selection and baggage, along with fulfillment infrastructure and traveler insights.

Developer ToolsSaaSTravel & Hospitality

Granulargranular.agOct 2023

San Francisco, US

Sid Gorham(Executive Officer, Director)Mike Preiner(Director)

BoardJohn O'Farrell(Director)David Kellog(Director)Mike Kourey(Director)Michael O'Connor(Director)

Co-investorsAndreessen HorowitzFall Line CapitalNorrsken VCReventValo Ventures

Granular Energygranular-energy.comin𝕏Oct 2023

Granular Energy provides software for energy suppliers, traders and buyers to manage and trade Energy Attribute Certificates (RECs, I-RECs, GOs, REGOs) and to build clean power products including hourly-matched and 100% renewable offers.

CleantechEnergySaaS

Toby Ferenczi(Co-Founder & CEO)Bruno(Co-Founder)Sam(Co-Founder)

Co-investorsJERAKickstart InnovationNorrsken VCReventSpinLabValo Ventures+1 more

Heepsyheepsy.com
Hereticsteamheretics.com𝕏

Team Heretics is an esports organization with competitive teams in games such as Valorant and Brawl Stars, producing gaming and entertainment content and selling branded merchandise.

E-commerceGamingMedia & Entertainment

Co-investorsSur Ventures

Heyteamheyteam.comin

HeyTeam is an HR orchestration platform that automates employee onboarding, crossboarding, and offboarding, generating personalized journeys, automating HR document generation and e-signature, and connecting to HRIS tools like Cegid, Workday, SAP, and ADP.

Future of WorkHR TechSaaS

Hipecommercehipecommerce.com

Hip eCommerce builds and operates online marketplaces and communities dedicated to specific collectibles, such as stamps (HipStamp) and comic books, where buyers and sellers can trade items.

ConsumerE-commerceMarketplacesAustin, US

Mark Rosenberg(CEO & CTO)

Co-investorsNext Coast Ventures

Imperiaimperiascm.comin𝕏Feb 2025

Imperia provides software for supply chain management that automates and optimizes demand forecasting, production planning, and purchasing management for businesses.

AI & Machine LearningEnterprise SoftwareSaaSValencia, ES

Co-investorsBurda Principal InvestmentsSamaipataDraper B1

Indexa Capitalindexacapital.comin𝕏

Indexa Capital is an independent automated investment manager offering globally diversified portfolios of index funds, pension plans (planes de pensiones/EPSV), a money market fund, a remunerated savings account, and life insurance, with fees it states are about 88% lower than banks.

FintechSaaSMadrid, ES

Co-investorsFides CapitalCabiedes & Partners

Innovamatinnovamat.comin𝕏

Innovamat provides mathematics education resources and curriculum programs for schools, and runs research studies evaluating their impact on student learning.

EdTech

Andreu Dotti Boada(Founder)in

Co-investorsAxon Partners GroupKibo VenturesWA4STEAM10x FoundersDozen InvestmentsReach Capital

Instacarroinstacarro.com

Luca Cafici(Founder)in

Co-investorsFundersClubHummingbird VenturesLumia Capital

Insuramainsurama.cominMay 2024

Insurama is an insurtech Managing General Agent (MGA) that designs and deploys insurance products to protect high-value physical goods and electronic devices such as phones, laptops, appliances, e-bikes, and sports equipment.

FintechInsurTechSaaS

Intelexintelex.comin𝕏Jan 2025 · $7M

Intelex provides an EHSQ (environment, health, safety, and quality) and sustainability management software platform with AI-enhanced workflows for incident management, audits, training, document control, and ESG reporting.

Climate TechEnterprise SoftwareSaaS

Co-investorsJMI EquityAdara Ventures

IntelexVisionintelexvision.comin

IntelexVision builds Sentry, an AI-driven video analytics platform that provides anomaly detection and context-aware alerts and integrates with VMS and PSIM systems for control rooms.

AI & Machine LearningCybersecurityEnterprise SoftwareIoTLondon, GB

Callum Wilson(Co-founder, Chief Strategy Officer)Michael Vorstman(Co-founder, Chief Financial Officer)Will Bruce(Chief Executive Officer)Werner Peters(Chief Product Officer)Tam Cao(Chief Technology Officer)Alberto Croso(Chief Business Development Officer)

Co-investorsAdara Ventures

Ironhack Current Allironhack.com

Ironhack operates bootcamp and coding education programs in multiple countries across Europe and North America.

EdTechFuture of WorkMadrid, ES

Ariel Quinones(Founder)in

Co-investorsBrighteye VenturesLumos Capital GroupJME Ventures

Job and Talentjobandtalent.comin𝕏

Job&Talent is an AI-powered workforce platform that connects job seekers with employers in essential industries such as logistics, delivery, and warehousing.

AI & Machine LearningFuture of WorkHR TechMarketplacesMadrid, ES

Co-investorsKibo VenturesAtomicoDN CapitalManhattan Venture PartnersMundi VenturesSoftBank Vision Fund+4 more

Kavehomekavehome.com
Keywaywhykeyway.comin𝕏Mar 2022

Keyway is an AI-powered infrastructure platform for commercial real estate that connects data, documents, and workflows into a unified operational layer.

AI & Machine LearningEnterprise SoftwarePropTechNew York, US

Sebastian Wilner(Executive Officer, Director)Matias Recchia(Executive Officer, Director)inEglae(CEO)inGonzalo(CTO and Head of Product)inRamiro(Head of Operations and Finance)inJoe(Head of Business Development and Growth)in

Co-investorsCamber CreekCanvas VenturesMontage VenturesCrosscut VenturesGraph VenturesJazzya Investments+1 more

Kirawellnesskirawellness.io
Klearlyklearly.euin

Klearly provides an integrated payment solution for the Horeca (hotel, restaurant, and café) industry, connecting payment infrastructure with businesses' existing POS systems.

FintechFoodTechSaaS

Sam Koekoek(Founder)in

Co-investorsAntlerItalian Founders FundPayPal VenturesShapers

Kompanionkompanion.esin𝕏

Kompanion is a Spanish backoffice service that combines accounting, payroll, and tax management with its own platform, giving founders real-time visibility into their finances.

Enterprise SoftwareFintechSaaS

Kustomerkustomer.comin𝕏

Kustomer is an AI-native customer experience (CX) platform that ties every interaction to a complete customer record so AI and human agents can respond with full context, automate conversations, and manage support workflows.

AI & Machine LearningEnterprise SoftwareSaaSSales TechShort Hills, US

Jeremy Suriel(Director, Promoter)inBrad Birnbaum(Founder)inMichael Chapin(Executive Officer, Promoter)

BoardScott Beechuk(Director)inAlex Bard(Director)inNeeraj Agrawal(Director)in

Co-investorsBattery Venturesboldstart venturesCanaan PartnersCisco InvestmentsCoatue ManagementNorwest Venture Partners+3 more

Lanes Planeslanes-planes.comin

Lanes & Planes offers automated services for business travelers, including recovering foreign VAT on international travel expenses (hotels, rental cars, taxis, fuel) and automatically filing Deutsche Bahn passenger compensation claims for delayed or cancelled trains.

FintechSaaSTravel & Hospitality

Co-investorsBattery VenturesDN Capital

Lexroomlexroom.aiinSep 2025 · $19M

Lexroom is a legal technology company that combines AI and legal expertise to modernize legal services.

AI & Machine LearningEnterprise SoftwareLegalTech

Martina Domenicali(CRO)Paolo Fois(CEO)Andrea Lonza(CTO)

Co-investorsVerve VenturesBanyan VenturesEntourage VenturesLeft Lane CapitalBase10 Partners

Limeli.mein𝕏

Lime operates a shared micromobility service offering short-term rentals of electric bikes and scooters.

CleantechConsumerMarketplacesMobility & TransportationSan Francisco, US

Wayne Ting(CEO)in

Co-investorsAkkadian VenturesAmity VenturesAndreessen HorowitzBling CapitalBMW i VenturesCoatue Management+29 more

Lingokidslingokids.comin𝕏

Lingokids creates in-house educational content and playful learning experiences designed to help parents raise and develop young children.

ConsumerEdTechGamingMedia & Entertainment

Cristobal Viedma(Founder & CEO)Mikael Journo(COO & CMO)Steve Smith(CFO)Vladimir Klimov(Director of Lingokids Studios)Mary Lee(Global VP of Product)Paulo Alves Pereira(VP of Engineering)

Co-investorsAthos CapitalCriteria Venture TechFundersClubGraph VenturesKube VCJME Ventures

Lookierolookiero.com

Lookiero is an online personal styling service that selects and ships clothing to customers based on their preferences.

ConsumerDirect to ConsumerE-commerce

Ludusgloballudusglobal.com
Manglaimanglai.ioin

Manglai is an AI-powered platform for managing corporate environmental impact, consolidating carbon, water, and waste data from integrated sources with traceable calculations for audits and regulatory reporting.

AI & Machine LearningClimate TechSaaS

Manual healthmanual.co𝕏

Manual is a UK-based men's health platform offering prescription treatments, custom formulations, ongoing medical support, digital progress tracking, and at-home diagnostic blood tests.

Digital HealthHealthtechWellness & Fitness

Co-investorsLiquidity CapitalOctopus VenturesVorwerk VenturesSingular

MentorShowmentorshow.comin

MentorShow is a subscription platform offering over 50 masterclasses from mentors across 8 categories, accessible via web and mobile apps.

Creator EconomyEdTech

Benjamin Blachèrein

Co-investorsEducapitalLeft Lane Capital

Microversemicroverse.orgin𝕏

Microverse is an online education platform that trains people globally for remote work opportunities, with a focus on building collaboration and communication skills needed in distributed teams.

Developer ToolsEdTechFuture of WorkCT, ES

Ariel Camus(Founder)in

Co-investorsFifty YearsNorthzoneY CombinatorGeneral Catalyst

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Acurio Ventures made?
Acurio Ventures has 95 tracked investments, including 4 dated in the last 24 months.
What stage does Acurio Ventures invest at?
Acurio Ventures invests at the Seed, Series A, Late Stage stages.
What is Acurio Ventures's typical check size?
Acurio Ventures typically writes checks of $810K – $3.2M.
What sectors does Acurio Ventures focus on?
Acurio Ventures focuses on Climate Tech, EdTech, Energy, Mobility & Transportation, Sector Agnostic.
Where is Acurio Ventures located?
Acurio Ventures is headquartered in Bilbao, ES.
Does Acurio Ventures lead rounds?
Yes, Acurio Ventures leads investment rounds.
Who does Acurio Ventures co-invest with?
Acurio Ventures most often shares deals with Seedcamp, Kibo Ventures, Point Nine, among 168 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Tendencias VC en España de la mano de Ander Michelena - Founder Partner de Acurio Ventures.

Inversión Alternativa Podcast · Ander Michelena

Images

Acurio Ventures photo

Co-investors · 29

FJ Labs

FJ Labs is an early-stage investment firm specializing in marketplaces and network-effect businesses, taking an angel-style co-investment approach alongside institutional venture funds worldwide.

$100K – $3M
Adara Ventures

Adara Ventures is an early-stage technology investor with roughly two decades of experience backing companies built on proprietary data, trust, domain depth and physical systems.

$540K – $7.6M
JME Ventures

JME Ventures is a Spain-focused seed-stage venture capital firm that backs founders building world-class solutions, having invested in over 70 startups since 2012.

$108K – $3.3M
Bain Capital Ventures

BCV Labs is the platform and hands-on support arm of Bain Capital Ventures, providing portfolio founders with go-to-market strategy, brand development, hiring assistance, and customer introductions.

Both backed · 2
$1M – $100M
Atomico

Atomico is an international venture capital firm that invests in growth-stage technology companies across multiple geographies. The firm focuses on scaling disruptive technology businesses globally.

Both backed · 2
Canvas Ventures

Canvas Prime (formerly Canvas Ventures) is an early-stage venture capital firm that invests in AI transforming digital health and fintech, leading Series A and B rounds in companies ready to scale.

Both backed · 2
$5M – $20M
Mangrove Capital Partners

Mangrove Capital Partners is a venture capital firm investing in early-stage technology companies, having been an early backer of eight unicorns including Skype, Wix, Flo Health and WalkMe.

Both backed · 2
$540K – $5.4M
General Catalyst

General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.

Both backed · 1
$30M
Lightspeed Venture Partners

Lightspeed is a global venture capital firm that has spent over two decades backing innovative companies as an early and first investor.

Both backed · 1
$1.7M – $87M
FELIX CAPITAL

Felix Capital is a venture capital firm operating at the intersection of technology and creativity, focusing on the evolution of the human experience at home, at work, and in-between.

Both backed · 1
$1M – $20M
Montage Ventures

Montage Ventures is a venture capital firm investing in startups across financial services, healthcare, and commerce, with a focus on AI-driven transformation of these sectors.

Both backed · 1
$4M
14W

14W is a venture capital firm that invests in consumer internet, marketplace, ecommerce, consumer packaged goods, and media companies.

Both backed · 1
17 more co-investors

7GC & CoKfundC4 VenturesLong Journey VenturesUnknown VenturesFirst Round CapitalFoundation CapitalEverywhere VenturesTarget GlobalMMC VenturesPrimitive VenturesSeaya360 CapitalGaldana VenturesEncomenda VCGrupo DKVEngie

Firms observed investing alongside Acurio Ventures, from public investor directories. Shared companies are the overlap with Acurio Ventures's recorded portfolio.

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