Fundraising Fox

Adara Ventures

Venture capitalActively deploying

Madrid · Seed–Series A · 25 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, NL
Leads rounds
Leads
Instruments
Equity
Founded
2004
AUM
$92M
Tracked investments
61

Team · 25 people

from the firm's website & public directories
Julio Casal· Venture Partnerin𝕏
Jorge Baron· Associatein

What they invest in

from 21 of 61 portfolio companies

AI & Machine Learning ×12SaaS ×9Enterprise Software ×6Cybersecurity ×5E-commerce ×3Cleantech ×2Cloud Computing ×2Data & Infrastructure ×2

HQs:Spain×5United States×2United Kingdom×1Israel×1Norway×1

Investments · 61 tracked

founders shown can be your intro path
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

42Crunch42crunch.comin𝕏
Acoruacoru.comin

Acoru is an AI-native fraud prevention platform that ingests and unifies data across channels to detect pre-fraud signals, scoring and classifying accounts as money mules, victims, or laundering accounts before fraud occurs.

AI & Machine LearningCybersecurityFintech

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

ADD

Powerline communications for IoT and smart metering

Airflows

No-code AI enterprise app development

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

AppFactor

AI-powered self-healing enterprise software

Apresapres.io
Articul8articul8.aiin𝕏

Enterprise-grade Generative AI platform helping enterprises unlock business value while maintaining data privacy.

Bankinterbankinter.com
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

Emilio GalánRubén Sánchez

Big Sur Venturesbigsurventures.vcin𝕏
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.comin𝕏

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

Constella
Constella Intelligenceconstellaintelligence.com
Corinexcorinex.comin𝕏

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)

Cyber Gurucyberguru.it
Elastix
EyeSquad
Fluzo

Audio fingerprinting solution for media measurement

Freeversefreeverse.io
Hdiv
Hdiv Securityhdivsecurity.com
Idcidc.comin𝕏
indigitallindigitall.com
Intelexintelex.com𝕏

Intelex provides environmental, health, safety, quality and ESG management software for industrial and manufacturing organizations.

Enterprise SoftwareSaaS

IntelexVisionintelexvision.comin

Platform providing real-time behavioral and threat analysis solutions using artificial intelligence.

IOMEDiomed.esin

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

Jotelulujotelulu.comin
Kimera
Kimera Technologieskimeratechnologies.com

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

Komonkomon.io
Kompytekompyte.com
LoopUploopup.com

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

PlayGiga
Plenit
Prisma Photonics

Sensorless monitoring of energy infrastructures

Quality Clouds

SaaS governance and optimisation platform

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<UNKNOWN>

SatVusatellitevu.comin𝕏
Scalefastscalefast.comin

ESW manages the operational side of cross-border commerce for consumer brands, handling localized checkout and payments, compliance, shipping, returns, order management, and supply chain across international markets.

E-commerceLogistics & Supply ChainRetail TechSaaSEl Segundo, US

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

Seedtagseedtag.comin
Stratiostratio.com

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

TandemTracetandemtrace.ai

AI-powered cybersecurity platform that accelerates threat investigation and reduces response times.

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)Juan Moran Adarraga(Executive Officer, Director, Promoter)Margit Elisabeth Sander(Director)Marco Buhigas Moran(Executive Officer)Jose Miguel Moran Adarraga(Executive Officer, Director)Barbara Serrano Sanchez(Director)

Visitar Webfluzo.com
Wirescanwirescan.noin

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

WIVI Visionwivivision.comin𝕏

Gamified AI approach to improving vision

Wodanwodan.aiin
Wodan AI

Zero-trust AI platform enabling ML models to compute over encrypted data using FHE.

XYZ Realityxyzreality.comin𝕏

Frequently asked questions

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, NL.
Does Adara Ventures lead rounds?
Yes, Adara Ventures leads investment rounds.

Co-investors · 11

Amadeus Capital Partners

Amadeus Capital Partners is a UK-based deep tech venture capital firm founded in 1997 that invests from seed to growth stages across artificial intelligence, health, and sustainability-focused technologies.

Both backed · 3
OpenbravoQuibimXYZ Reality
$50K – $12.7M
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
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 · 1
indigitall
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
SatVu
P101 Ventures

P101 SGR is an Italian venture capital fund management company based in Milan, managing multiple funds and backing early-stage technology and innovation companies in Italy and Europe.

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, using simple and easy-to-understand terms.

$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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