Fundraising Fox

ENISA

Government fund

Madrid · Pre-Seed–Growth

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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.

Invests inClimate TechSector AgnosticEuropeMadridSpain

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Growth
HQ
Madrid, ES
Instruments
Debt
Tracked investments
2

What they invest in

from 2 of 2 portfolio companies

Fintech ×2SaaS ×2AI & Machine Learning ×1Enterprise Software ×1

HQs:Spain×2

Investments · 2 tracked

founders shown can be your intro path
Captiocaptio.netin𝕏

Emburse Captio provides corporate travel and expense management software that automates expense reports, receipt capture (AI-powered OCR), policy enforcement, and reconciliation, and issues virtual and physical corporate cards.

Enterprise SoftwareFintechSaaS

Co-investorsKibo Ventures

Kabiliokabilio.esin

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 LearningFintechSaaS

Co-investorsPICUS CAPITALVisionaries Club

Portfolio news

latest coverage across their companies

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

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