Athos Capital
Venture capitalMadrid · Pre-Seed–Series A · 6 people tracked
Investment thesis
Athos Capital is an early-stage technology investor operating out of Madrid and Barcelona that invests primarily in Spanish software and technology companies. Active since 2016, the firm has backed more than 40 teams across areas such as artificial intelligence, design, content creation, fintech, B2B marketplaces and SaaS. Its approach emphasizes building meaningful, long-term relationships with founders who aim to create impact and do things differently. The firm invests through successive funds (Athos I in 2017, Fund II in 2021, and Fund III in 2026).
Source: firm website, verified Aug 18, 2026.
Team · 6 people
from the firm's website & public directories
What they invest in
from 16 of 44 portfolio companiesSaaS ×9AI & Machine Learning ×7Enterprise Software ×5Developer Tools ×3Data & Infrastructure ×2EdTech ×2Fintech ×2Marketplaces ×2
HQs:Spain×2United States×1
Investments · 44 tracked
founders shown can be your intro pathCredit scoring for the underbanked in Latam
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
Co-investors33NAdara Ventures
Agroptima offers farm management software and a mobile app that lets agricultural operations digitally record field work, track costs of labor, pesticides and fertilizers, and generate compliance documentation such as the field logbook and Global GAP or organic audit reports.
AgTechEnterprise SoftwareSaaS
On-demand valet storage service
Digital platform for estate management
Marketplace for dental clinic supplies
Short video collaboration tools
Digital identity verification (exit)
Genially is a content creation platform for building interactive presentations, courses, quizzes and games, with built-in AI agents, templates, and LMS integration via SCORM and LTI.
AI & Machine LearningEdTechSaaS
Co-investorsCiveta InvestmentMarket One Capital645 VenturesJME VenturesOwl Ventures
Harbiz is a management app for fitness and wellness professionals that centralizes training plans, client scheduling, communication, and billing.
Future of WorkSaaSWellness & Fitness
Co-investorsEnzo VenturesOctopus Ventures
Talent platform for the hospitality industry (exit)
Print-on-demand apparel and accessories
Lingokids offers a mobile app for children with games, shows, sing-alongs, and podcasts intended to combine entertainment with learning.
ConsumerEdTechGaming
Co-investorsAcurio VenturesCriteria Venture TechFundersClubGraph VenturesKube VCJME Ventures
Visual editor for math and science equations and quizzes (exit)
Prepaid card and app for teens
AI-native operating system for travel agencies
Platform to build and deploy cloud-native applications
Parclick operates a mobile app and platform for finding, comparing, and reserving parking spaces in verified car parks across Europe.
MarketplacesMobility & TransportationTravel & Hospitality
Penpot is an open-source design platform for UI design, design systems, and prototyping, aimed at teams of designers and developers who need collaborative workflows.
AI & Machine LearningDeveloper ToolsSaaS
Co-investorsDecibel Partners
Science-focused teaching and learning digital platform
Spacebackend builds software infrastructure for integrating multi-vendor aerospace and defense hardware systems, automating the translation of hardware specifications into flight-ready software to collapse integration timelines.
Deep TechDeveloper ToolsEnterprise SoftwareSpace TechWilmington, US
Dmitry Goldenberg(Founder)in
Co-investorsFusion VCTechstarsBynd Venture CapitalDraper B1Fusion
AI assistant for early detection of pancreatic lesions
Tuvalum is an online marketplace for buying and selling pre-owned bicycles, road, mountain, gravel, and e-bikes that its own team inspects and reconditions across 100+ control points and sells with a one-year warranty.
Circular EconomyE-commerceMarketplacesValencia, ES
Powens provides Open Banking infrastructure that lets businesses aggregate bank account data from 1,800+ European banks, open IBAN accounts, initiate SEPA pay-ins and pay-outs, and run real-time bank identity checks through a single API.
Data & InfrastructureFintechSaaS
Co-investorsSwanlaab Venture Factory
Agro-commodities trading and post-trading platform
Open data analytics for financial institutions
Software for audio post-production and QA
Online and physical retail for fashion and lifestyle brands
ZenRows provides web data infrastructure that fetches dynamic, protected, or static web pages and returns them as clean Markdown or JSON, with tools to extract structured fields, run batch jobs, and drive a real browser.
AI & Machine LearningData & InfrastructureDeveloper Tools
Co-investorsBynd Venture Capital
Zinkee is a customizable operations management platform for service businesses such as consulting, installation, construction and solar self-consumption firms, centralizing budgets, tasks, time tracking and invoicing in real time as an alternative to spreadsheets.
Construction TechEnterprise SoftwareSaaS
Portfolio news
latest coverage across their companiesSpacebackend · startupluxembourg.com · May 6, 2026
Unnax · moguplatform.com · Feb 19, 2026
Frequently asked questions
- How many investments has Athos Capital made?
- Athos Capital has 44 tracked investments, including 1 dated in the last 24 months.
- What stage does Athos Capital invest at?
- Athos Capital invests at the Pre-Seed, Seed, Series A stages.
- What is Athos Capital's typical check size?
- Athos Capital typically writes checks of $270K – $2.7M.
- What sectors does Athos Capital focus on?
- Athos Capital focuses on AI & Machine Learning, B2B Marketplaces, Creator Economy, Data & Infrastructure, EdTech, Enterprise Software, Fintech, SaaS.
- Where is Athos Capital located?
- Athos Capital is headquartered in Madrid, ES.
- Who does Athos Capital co-invest with?
- Athos Capital most often shares deals with BStartup, Draper B1, Bynd Venture Capital, among 17 tracked co-investors.
Media · Podcasts & interviews
featuring the teamEoniq.fund - Investor Matching: Robert Tomas Johnston de Athos Capital
StartupLabs Spain · Robert Tomas
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