Fundraising Fox

Adara Ventures

Venture capitalActively deploying

Madrid · Seed–Series A · 26 people tracked

Also known as Adara Ventures FCRE · Adara Ventures SICAR

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Investment thesis

Adara Ventures argues that as AI commoditises the surface layer of software, durable value shifts to the deeper foundations of technology: proprietary data, trust, domain expertise and physical systems. The firm focuses on this harder, more defensible ground, applying twenty years of experience to back companies at an early stage and help them grow into category-defining businesses. Its conviction-led approach emphasises technically deep and defensible opportunities rather than easily replicable software layers.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
Check
$540K – $7.6M
HQ
Madrid, ES
Leads rounds
Leads
Instruments
Equity
Founded
2004
Last 12 months
1 investment
AUM
$92M
Tracked investments
62

Team · 26 people

from the firm's website & public directories
Julio Casal· Venture Partnerin𝕏
Alessandro Gambarotta· Associatein
Soumya Ahuja· Analystin
Alberto Gomezin
Jorge Baron· Associatein

What they invest in

from 43 of 62 portfolio companies

AI & Machine Learning ×26SaaS ×16Enterprise Software ×14Cybersecurity ×13Deep Tech ×7Cloud Computing ×5Data & Infrastructure ×5IoT ×4

HQs:Spain×7United States×6United Kingdom×2Israel×1Norway×1

Investments · 62 tracked

founders shown can be your intro path

By year:2026 · 12025 · 32024 · 12023 · 38 dated

GenasysNASDAQ: GNSS
Dtectdtectvision.aiin✓ verified

DtectVision develops deepfake detection technology using AI and deep learning to protect the financial sector against AI-generated fraud in digital transactions and communications.

AI & Machine LearningCybersecurityFintech

Co-investors10DTAU Ventures

Plenitplenit.comin✓ verified

Plenit operates an IT Operating Platform for the IT channel, bundling cloud services, a license marketplace, remote device monitoring and management, and go-to-market tools that IT providers use to deliver and sell services to small and mid-sized businesses.

Cloud ComputingCybersecurityEnterprise SoftwareSaaS

Stéphane Chénia(Managing Director)

Co-investorsKibo VenturesBig Sur Ventures

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-investorsAcurio Ventures

42Crunch42crunch.comin𝕏

42Crunch provides API security tooling that applies governance and protection controls across the software lifecycle, from OpenAPI contract auditing and scanning at design and build time to runtime protection.

AI & Machine LearningCybersecurityDeveloper Tools

Co-investorsEnergy Impact PartnersFlow Capital

Acoruacoru.comin𝕏

Acoru is a fraud prevention and cybersecurity company founded by former Buguroo/Revelock leaders, focused on detecting and preventing online fraud at scale.

AI & Machine LearningCybersecurityFintech

Pablo de la Riva Ferrezuelo(Co-founder)David Morán(Co-founder)

Co-investors33NAthos Capital

Adcitiesadcities.comin

AdCities operates a platform for planning, activating, and measuring out-of-home (OOH) advertising campaigns using its AI model OMI (Outdoor Media Intelligence), which combines mobility data, points of interest, and user profiles to build audiences and select media.

AdTechAI & Machine LearningMarketing Tech

Co-investorsBynd Venture Capital

ADD

Powerline communications for IoT and smart metering

Airflows

No-code AI enterprise app development

AlienVaultatt.com

AT&T is a telecommunications provider offering wireless mobile plans, smartphones, and related connectivity services to consumers.

ConsumerHardware

Co-investorsCeltic House Venture PartnersData Point CapitalForgePoint CapitalNew Enterprise Associates (NEA)Notable CapitalGGV Capital+3 more

AlienVaultalienvault.comin𝕏

AT&T provides cybersecurity services and network security solutions for businesses, including threat detection and protection against AI and quantum computing-related threats.

Cloud ComputingCybersecurityEnterprise Software

Co-investorsCorrelation VenturesFounders Circle CapitalIntel CapitalJackson Square VenturesKleiner PerkinsNotable Capital

AppFactor

AI-powered self-healing enterprise software

Apresapres.io
Articul8articul8.aiin𝕏Jan 2026

Articul8 is an enterprise generative AI platform that builds domain-specific models and autonomous agent orchestration (ModelMesh, LLM-IQ) for regulated industries such as semiconductors, energy, manufacturing/supply chain, finance, and aerospace.

AI & Machine LearningEnterprise SoftwareSaaSPalo Alto, US

Arun Subramaniyan(CEO)inArun K. Subramaniyan(Founder)

Co-investorsAditya Birla VenturesCommunitas Capital PartnersFin CapitalGS FuturesIntel CapitalMindset Venture

Bankinterbankinter.com

Co-investorsJazzya Investments

Beonxbeonx.comin𝕏

BEONx offers an AI-powered Revenue Management System (RMS) for medium and large hotels and resorts, providing dynamic pricing, demand forecasting, segmentation, and a proprietary Hotel Quality Index (HQi) that measures market positioning.

AI & Machine LearningSaaSTravel & HospitalitySalamanca, ES

Co-investorsRiverside Acceleration Capital

Big Sur Venturesbigsurventures.vcin𝕏

Big Sur Ventures is an early-stage venture capital firm that has invested since 2012 in technology startups from pre-seed through Series A.

AI & Machine LearningDeep TechQuantum Computing

Co-investorsMetavallon VC

Bigle Legalbiglelegal.comin𝕏

Bigle Legal builds a Contract Lifecycle Management (CLM) platform with tools for contract automation, an electronic signature product (Bigle Sign), and a generative AI legal assistant (Libra), aimed at legal, HR, sales, and procurement teams.

AI & Machine LearningLegalTechSaaS

Caravelocaravelo.comin𝕏Sep 2023

Caravelo is a travel-tech company offering subscription and membership solutions—including trip subscriptions, last-minute passes, and club memberships—for the travel industry.

Enterprise SoftwareSaaSTravel & HospitalityBarcelona, ES

José LuisIñaki

Co-investorsRiverside Acceleration CapitalRACSamaipata

Constella
Constella Intelligenceconstellaintelligence.comin

Constella provides identity theft monitoring that continuously scans the surface, deep, and dark web for exposed corporate and personal credentials, infostealer logs, and leaked session cookies.

AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareSaaS

Co-investorsC5 CapitalTheVentureCity

Corinexcorinex.comin𝕏Apr 2025 · $42M

Corinex provides grid visibility and flexibility technology aimed at grid modernization, targeting the energy sector.

CleantechClimate TechEnergyIoT

Councilboxcouncilbox.comin𝕏

Councilbox is a SaaS platform for configuring and running remote procedures and meetings with legal validity, offering certified video conferencing and messaging, automatic minutes drafting, and Blockchain-based traceability.

GovTechLegalTechSaaS

CounterCraftcountercraftsec.comin𝕏

CounterCraft develops a deception-driven threat intelligence platform that uses deception technology to lure attackers away from critical assets while collecting actionable threat intelligence.

AI & Machine LearningCybersecuritySan Sebastian, ES

David Barroso(CEO and founder)inFernando Braquehais(Head of Development, co-founder)Daniel Brett(Co-founder)

Co-investorsEvolution Equity PartnersIn-Q-Tel

Cyber Gurucyberguru.it

Co-investorsAxeleo CapitalEducapitalP101 Ventures

Elastix
EyeSquad
Fluzofluzo.com

Audio fingerprinting solution for media measurement

Co-investorsSeedRocket

Freeversefreeverse.io

Toni Mateos(Founder)

Co-investorsEarlybird Venture CapitalTarget Global

G2A Investment Partnersg2aip.com

G2A is an investment management firm that sources, structures and executes investments in technology startups offering solutions mainly to enterprise clients.

Deep TechEnterprise SoftwareWeston, US

Steve(Managing Partner)Eduardo Karrer(Managing Partner)Alcides(Managing Partner)Eduardo Borges(Managing Partner)Rudolph(Managing Partner)Americo(Managing Partner)

Hdiv
Hdiv Securityhdivsecurity.com
Idcidc.comin𝕏

IDC provides technology market intelligence, data, and forecasts covering tech markets such as AI, cloud, cybersecurity, semiconductors, and enterprise applications, delivered through research, events, and tools embedded in customer workflows.

AI & Machine LearningData & InfrastructureEnterprise Software

indigitallindigitall.com

indigitall provides an omnichannel customer engagement platform with AI-powered conversational agents (OmnIA) built on a customer data platform, orchestrating messaging, marketing, and support across channels like WhatsApp from a single customer journey.

AI & Machine LearningMarketing TechSaaS

Co-investorsData Point CapitalGoHub Ventures

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 EquityAcurio 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-investorsAcurio Ventures

IOMEDiomed.esinSep 2023

IOMED is a data space platform that uses AI and natural language processing to extract and structure clinical data from hospital text sources, turning it into research-ready real-world data.

AI & Machine LearningDigital HealthHealthtechBarcelona, ES

Gabriel Maeztu

Co-investorsEASO VenturesPhilips Ventures

Jotelulujotelulu.comin

Plenit (jotelulu.com) is an operating platform for IT companies and managed service providers in the IT channel, offering cloud services (servers, remote desktop, storage, disaster recovery), IT management and monitoring, a software marketplace, and white-label go-to-market tools.

Cloud ComputingCybersecuritySaaS

Kimera
Kimera Technologieskimeratechnologies.comin

Kimera provides a conversational search tool for ecommerce platforms that understands product text and images to guide customers through purchase decisions using natural language, without requiring manual configuration of rules or synonyms.

AI & Machine LearningE-commerce

Co-investorsBStartup

Komonkomon.io
Kompytekompyte.comin

Kompyte is a competitive intelligence platform that automatically tracks competitors across hundreds of sources and uses AI to surface actionable updates, delivering sales-ready Battlecards and win/loss analysis.

AI & Machine LearningSaaSSales Tech

Albert ColmeneroPere CodinaSergio Ramírez Gallardo

Co-investors500 GlobalCriteria Venture TechSwanlaab Venture Factory

LoopUploopup.comin𝕏

LoopUp is a global telecoms provider offering Microsoft Teams telephony and voice solutions, letting multinational organizations consolidate telecoms purchasing and management under a single vendor.

Cloud ComputingEnterprise SoftwareSaaSLondon, GB

Openbravoopenbravo.comin

Openbravo is a retail commerce software platform providing end-to-end solutions from online recommendations to inventory management and in-store transactions.

E-commerceRetail TechSaaS

Co-investorsAmadeus Capital PartnersSabadell Venture Capital

PlayGiga
Plenit
Prisma Photonics

Sensorless monitoring of energy infrastructures

Co-investorsi3 PartnersInsight Partners

Prisma photonics monochrome blackprismaphotonics.comin

Prisma Photonics provides fiber-sensing technology to monitor large-scale critical infrastructure such as power lines, oil and gas pipelines, subsea cables, railways, and roads.

Deep TechEnergyIoT

Co-investorsFuture Energy Venturesi3 PartnersINcapital VenturesSE Ventures

Quality Cloudsqualityclouds.aiin𝕏

Quality Clouds provides code and platform governance for ServiceNow, Salesforce, and Git-based codebases, running as a Model Context Protocol (MCP) server so organizational rules are applied while AI agents and IDEs generate code.

AI & Machine LearningCybersecurityDeveloper Tools

Co-investorsYFM Equity Partners

Qualitycloudsqualityclouds.comin𝕏

Quality Clouds provides a governance platform that audits and secures human- and AI-generated code, configuration, and workflows across enterprise SaaS platforms such as Salesforce, ServiceNow, and Dynamics.

AI & Machine LearningCybersecurityDeveloper Tools

Quibimquibim.comin𝕏

Quibim develops cloud-based AI software platforms for medical imaging analysis that extract radiomics features and generate predictive models for healthcare providers and biopharma companies.

AI & Machine LearningHealthtechMedical Devices

Co-investorsAmadeus Capital PartnersLifeX VenturesAPEX VenturesAsabys PartnersColumbus Venture PartnersGoHub Ventures

SatVusatellitevu.comin𝕏

SatVu operates satellites that capture high-resolution thermal infrared imagery and video (up to 3.5 m resolution) of the Earth's surface, day and night.

Climate TechDefense TechSpace Tech

Co-investorsContrarian VenturesE2MC VenturesGrit VenturesIn-Q-TelMD One VenturesMolten Ventures+5 more

Scalefastscalefast.cominacquired by ESW

E-commerceLogistics & Supply ChainRetail TechSaaSEl Segundo, US

Nicolas Stehle(Executive Officer, Director)Olivier Schott(Director)Philippe Bouissou(Director)

BoardEric Buatois(Director)in

Co-investorsBenhamou Global VenturesBGVFrench Partners

Seedtagseedtag.comin

Seedtag provides contextual advertising technology, running full-funnel ad campaigns that target audiences based on interest, emotion, and intent rather than personal data.

AdTechAI & Machine LearningMarketing TechNew York City, US

Jorge Poyatos(Founder)Albert Nieto Riera(Founder)in

Co-investorsAcurio VenturesManta Ray VenturesAdvent InternationalOakley

Stratiostratio.com𝕏

Stratio provides an AI and data platform that helps regulated enterprises and public administrations operationalize trusted, AI-driven decisions with governance and control.

AI & Machine LearningData & InfrastructureEnterprise Software

Co-investorsCrane Venture PartnersLocalGlobe

TuringDreamturingdream.com

TuringDream is building Tau, an operational intelligence system for companies that combines large language models, reinforcement learning, and enterprise data to optimize operations, improve processes, and execute business actions.

AI & Machine LearningEnterprise SoftwareSaaSMadrid

Manuel Tarrasa Sanchez(Executive Officer)Marco Buhigas Moran(Executive Officer)Juan Moran Adarraga(Executive Officer, Director, Promoter)Jose Miguel Moran Adarraga(Executive Officer, Director)

BoardMargit Elisabeth Sander(Director)Barbara Serrano Sanchez(Director)

Wirescanwirescan.noinApr 2025

Wirescan develops LIRA® Technology for digital cable condition monitoring, helping electric cable operators assess and manage their cable network assets.

CleantechData & InfrastructureDeep TechEnergyHardwareIoT

Paolo Franco Fantoni

Co-investorsInnovation Capital

WIVI Visionwivivision.comin𝕏Feb 2024

WIVI Vision develops software and customized hardware that assess and train non-strabismic binocular vision dysfunctions using immersive 3D games, gamification, and AI.

AI & Machine LearningDigital HealthHealthtechMedical DevicesBarcelona, ES

Eva García Ramos(CEO & Co-founder)Juan Carlos Ondategui Parra(CEO & Co-founder)in

Co-investorsShip2BBanco SantanderBBVA SPARKHearstLabSantander

Wodanwodan.aiin𝕏

Wodan builds infrastructure that runs AI models on encrypted data without decryption, so the data stays mathematically encrypted throughout processing and only the key holder can access it.

AI & Machine LearningCybersecurityDeep Tech

Co-investorsSwanlaab Venture Factory

Xonaixonai.ioinJun 2023 · $3.5M

Xonai provides a Spark plugin that accelerates data processing workloads by compiling query execution and optimizing hardware utilization, reducing compute costs and energy consumption for enterprises running analytics on Spark clusters.

Cloud ComputingData & InfrastructureEnterprise Software

Co-investorsDeep Science VenturesNauta CapitalKadmos CapitalNotion Capital

Exits · 2

IPOs and acquisitions across the tracked portfolio

GenasysNASDAQ: GNSSScalefastacq. by ESW

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Adara Ventures made?
Adara Ventures has 39 tracked investments, 1 of which have exited via acquisition or IPO, including 3 dated in the last 24 months.
What stage does Adara Ventures invest at?
Adara Ventures invests at the Seed, Series A stages.
What is Adara Ventures's typical check size?
Adara Ventures typically writes checks of $540K – $7.6M.
What sectors does Adara Ventures focus on?
Adara Ventures focuses on AI & Machine Learning, Cybersecurity, Data & Infrastructure, Deep Tech, Developer Tools, Digital Health, Enterprise Software, Hardware, Medical Devices.
Where is Adara Ventures located?
Adara Ventures is headquartered in Madrid, ES.
Does Adara Ventures lead rounds?
Yes, Adara Ventures leads investment rounds.
Who does Adara Ventures co-invest with?
Adara Ventures most often shares deals with Amadeus Capital Partners, Intel Capital, Riverside Acceleration Capital, among 25 tracked co-investors.

Co-investors · 11

Acurio Ventures

Acurio Ventures is a European venture capital firm investing primarily in seed and Series A rounds, drawing on its team's operating and VC experience to back founders.

$810K – $3.2M
Amadeus Capital Partners

Amadeus Capital Partners is a technology investment firm that backs founders building complex, science-led and deep tech businesses, supporting them over the long term as they scale internationally.

$50K – $12.7M
Data Point Capital

Data Point Capital is a venture capital firm that takes a highly analytical, KPI-driven approach to backing companies, with an operating team that partners with founders to help scale businesses from startup to exit.

Both backed · 2
Evolution Equity Partners

Evolution Equity Partners is an international venture capital firm led by technology entrepreneurs, backing companies across stages from seed to growth with a focus on cybersecurity and software.

Both backed · 1
$20M – $150M
33N

33N is a European venture capital firm that invests globally in category-leading companies across cybersecurity, AI, and defense.

Both backed · 1
$4.3M – $13M
noa

NOA is a venture investor backing founders and breakthrough technologies focused on decarbonising the built world across areas such as structures, energy, materials, environments, mobility, and community.

Both backed · 1
P101 Ventures

P101 is an Italian venture capital manager (P101 SGR) that backs founders from seed through early growth, taking minority stakes and acting as a hands-on advisor. It operates several funds plus a fund-of-funds program with total AUM of €500m.

Both backed · 1
Cyber Guru
$1.1M – $10.8M
Columbus Venture Partners

Columbus Venture Partners is a Spanish life science venture fund focused on biotechnology therapeutics and industrial products that combine therapeutic innovation with infrastructure development to create complete value chains.

Both backed · 1
Kfund

Kfund is a venture capital firm that invests in entrepreneurs building differentiated technology-based products and services.

$108K – $10.8M
eCAPITAL ENTREPRENEURIAL PARTNERS

eCAPITAL is a venture capital firm providing funding from early to growth stage to technology companies across software and IT, cybersecurity, industry 4.0, new materials, and cleantech.

$2.2M – $6.5M
Telegraph Hill Capital

Telegraph Hill Capital is a venture firm with offices in San Francisco and Mexico City that leads pre-seed and seed rounds in technology startups across North America and Western Europe. It favors software, apps, and digital platforms with B2B business models and early evidence of user adoption, and it participates in follow-on and growth rounds for portfolio companies. The firm also provides hands-on support for recruiting, business development, and cross-border expansion.

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

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