ENISA
Government fundMadrid · Pre-Seed–Growth
Investment thesis
ENISA is a Spanish government-backed body that offers non-bank financing to small and medium-sized enterprises and startups, mainly via participative loans (préstamos participativos) that require no guarantees. It supports innovation and business growth across Spain, including specialized programs such as one focused on climate innovation. ENISA also certifies companies as 'empresas emergentes' (emerging companies/startups) to help them access associated benefits. According to figures on its site, it has certified thousands of companies, disbursed nearly 10,000 loans, and invested over 1,500 million euros to finance more than 8,000 companies.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 3 of 3 portfolio companiesSaaS ×3Enterprise Software ×2Fintech ×2AI & Machine Learning ×1
HQs:Spain×2
Investments · 3 tracked
founders shown can be your intro pathEmburse Captio provides travel and expense management software that automates expense reporting, enforces spend policies, and reconciles corporate card payments.
Enterprise SoftwareFintechSaaS
Co-investorsKibo Ventures
Emburse Captio is a software platform that automates corporate travel and expense management, including receipt capture, expense reporting, policy compliance, and real-time payment controls through physical and virtual cards.
Enterprise SoftwareSaaS
Co-investorsSeedRocket
Kabilio is an AI automation layer that connects to accounting software (such as A3ECO and A3CON) to process invoices, reconcile bank data, and generate complete accounting entries.
AI & Machine LearningFintechSaaSBarcelona, ES
Jose Ojeda(Founder)inLearning Fintech SaaS Jose Ojeda(Founder)Álex Valls(Co-Founder & Co-CEO)in
Co-investorsPICUS CAPITALVisionaries Club
Portfolio news
latest coverage across their companiesKabilio · pulse2.com · Nov 6, 2025
Frequently asked questions
- What stage does ENISA invest at?
- ENISA invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
- What sectors does ENISA focus on?
- ENISA focuses on Climate Tech, Sector Agnostic.
- Where is ENISA located?
- ENISA is headquartered in Madrid, ES.
Media · Podcasts & interviews
from their channel#EnisaDay
enisa
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