Fides Capital
Venture capitalMadrid · Seed–Series A
Investment thesis
Fides invests in solid, technology-based Spanish B2B companies that already have a product or service in the market, recurring revenue, a scalable business model and an experienced team. It explicitly avoids very early-stage ventures, capital-intensive businesses, self-employment models, companies dependent on a single person, and businesses without a clear value proposition. Fides contributes between €50,000 and €500,000 per project, released gradually against milestone achievement, and co-invests with other investors who lead the operations. The firm invests its own money, favors fair valuations at entry and exit, and supports founders with administrative and financial management, aiming to accompany companies into subsequent rounds.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 14 of 34 portfolio companiesSaaS ×7AI & Machine Learning ×4Cybersecurity ×3Enterprise Software ×3Digital Health ×2Fintech ×2Hardware ×2LegalTech ×2
HQs:Spain×4
Investments · 34 tracked
founders shown can be your intro pathBewater Funds is an investment fund manager that enables investment in closed-end investment funds holding stakes in unlisted companies in Spain and other OECD countries, selected by Bewater Asset Management.
FintechMadrid, ES
Ramón Blanco(Co-founder & CEO)inFrançois Derbaix(Co-founder & Board Member)inUnai Ansejo(Co-founder & Board Member)in
Co-investorsAcurio VenturesCabiedes & Partners
Indexa Capital is an automated investment management company offering index-based portfolio management, pension plans, and life insurance products for individual and employment-related investors in Spain, Belgium, and France.
FintechSaaSMadrid, ES
Unai Ansejo Barra(Co-founder & Co-CEO)inFrançois Derbaix(Co-founder & Co-CEO)inRamón Blanco Duelo(Co-founder & Board Member)in
Co-investorsAcurio VenturesCabiedes & Partners
Technology solution for payroll and HR management of multinational companies (exit).
Solutions for media, publishers and large brands to optimize publishing, distribution and monetization of content and audiences (exit).
Atrys Health is a medical company specializing in oncology, telediagnosis, pathological anatomy, and nuclear medicine.
Digital HealthHealthtechMedical Devices
Digital logistics operator using algorithms and AI to optimize parcel and pallet shipping routes in real time.
Technology platform for verification and quality control in construction projects.
Datos101 provides cloud storage and backup, business continuity, cloud services, and cybersecurity solutions for businesses and partners.
Cloud ComputingCybersecurityEnterprise Software
Co-investorsFaraday Venture Partners
Restaurant company with an innovative production process for delivery, based on the cloud kitchen concept.
Solution allowing workers to access earned salary or bonus on demand before payday.
Energy outsourcing for businesses via owned photovoltaic panels to reduce costs through solar self-consumption.
Telecommunications operator based on wireless technologies such as 4GLTE, Wimax and satellite.
Genetic analysis specialist for disease diagnosis (exit).
Technology solution simplifying management and control of corporate taxi spending.
Lawwwing is a legal compliance platform that automatically generates and updates website legal texts (privacy policy, cookies, terms and conditions) and provides a customizable cookie consent banner that blocks cookies until user consent.
CybersecurityLegalTechSaaS
Co-investorsWA4STEAM
Mailsuite (formerly Mailtrack) makes email productivity tools for Gmail and Outlook, including email tracking, document tracking, follow-up reminders, mass email/mail merge, templates, and a CRM.
Marketing TechSaaSSales Tech
Eduardo Manchón(CEO & Founder)inRaúl Ramos(CTO & Founder)inNacho González-Barros(Founder)inAgus García(Chief Finance Officer)in
Digital methodology for learning and reinforcement in school subjects (exit).
Motoreto provides a stock management and market intelligence platform for the automotive sector, analyzing over 6 million used-vehicle listings daily across more than 19 countries to offer real-time market analysis, dynamic pricing, and residual value estimates.
AI & Machine LearningMobility & TransportationSaaS
Co-investorsCOREangelsEoniq.fundeSeed
Captures, analyzes and monetizes vehicle mobility data to deliver fuel and maintenance savings to owners.
Corporate communication platform (exit).
Nuubo offers a wireless, non-invasive cardiac monitoring technology (aECG) based on textile electrodes for medium- and long-term remote heart monitoring.
Digital HealthHardwareMedical Devices
Co-investorsCapital CellCriteria Bio Ventures
AI and natural language technologies applied to optimizing semantic search in Google Ads (exit).
Smart lead generation technology combining interactive video and AI advertising to help enterprises capture leads via social media.
Automation of document processes, removing paper from professional offices and finance departments (exit).
Generative AI platform to improve customer service, boosting productivity and reducing costs.
Smartvel is a B2B content-as-a-service and MarTech company that uses AI-powered and human-generated content to support customer experience and SEO across channels and sectors.
AI & Machine LearningMarketing TechSaaSTravel & HospitalityMadrid, ES
Iñigo Valenzuela(CFO & Founder)in
Co-investorsCriteria Venture TechFaraday Venture Partners
Star Robotics develops and sells autonomous ground robots for surveillance and inspection, using onboard cameras and AI visual analysis to detect intruders, anomalies, temperature variations, and gases.
AI & Machine LearningHardwareRobotics
We Are Knitters sells knitting and crochet kits that include yarn, needles, an auxiliary needle, a textile label, and a step-by-step digital pattern accessed via QR code, aimed at hobbyist knitters from beginners to advanced.
ConsumerDirect to ConsumerE-commerce
Portfolio news
latest coverage across their companiesBewater Funds · altss.com · Jul 10, 2026
Indexa Capital · investingintheweb.com · Dec 29, 2025
Lawwwing · startus-insights.com · Sep 27, 2025
Smartvel · smartvel.com · Apr 3, 2025
Frequently asked questions
- How many investments has Fides Capital made?
- Fides Capital has 34 tracked investments.
- What stage does Fides Capital invest at?
- Fides Capital invests at the Seed, Series A stages.
- What is Fides Capital's typical check size?
- Fides Capital typically writes checks of $55K – $550K.
- What sectors does Fides Capital focus on?
- Fides Capital focuses on AI & Machine Learning, Construction Tech, Cybersecurity, Developer Tools, EdTech, Energy, Enterprise Software, Fintech, FoodTech, GovTech, Healthtech, HR Tech, LegalTech, Logistics & Supply Chain, Marketing Tech, Media & Entertainment, Mobility & Transportation, Retail Tech, Robotics, SaaS, Sector Agnostic.
- Where is Fides Capital located?
- Fides Capital is headquartered in Madrid, ES.
- Does Fides Capital lead rounds?
- Fides Capital typically participates in rounds rather than leading them.
- Who does Fides Capital co-invest with?
- Fides Capital most often shares deals with Faraday Venture Partners, Acurio Ventures, BStartup, among 13 tracked co-investors.
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