Swanlaab Venture Factory
Venture capitalMadrid · Seed–Growth · 23 people tracked
Investment thesis
Swanlaab backs bold entrepreneurs in deep tech, B2B software and agri-food tech, focusing on high-tech startups with strong entry barriers, market traction and global growth potential. It also runs a search fund strategy backing entrepreneurs to acquire and scale businesses. Beyond capital, the firm co-builds with founders, helping shape product development, business model, go-to-market strategy and organization. It aims to act as lead investor and build syndicates for follow-on rounds, leveraging deep domain expertise and an international network of entrepreneurs, corporates and investors to scale portfolio companies into global players.
Source: firm website, verified Aug 3, 2026.
Team · 23 people
from the firm's website & curated & public directoriesWhat they invest in
from 31 of 42 portfolio companiesSaaS ×16AI & Machine Learning ×14Cybersecurity ×7AgTech ×5Fintech ×5Sales Tech ×4Cleantech ×3Deep Tech ×3
HQs:Spain×5Australia×1Canada×1United Kingdom×1Italy×1Mexico×1
Investments · 42 tracked
founders shown can be your intro pathProvider of workplace safety training, testing, and occupational health services, delivering programs to more than 50,000 workers annually.
EdTech
BigGuardian offers Guardian devices, small implantable thermometers placed vaginally in female animals and via the rumen in males, to monitor livestock body temperature.
AgTechHardwareIoT
Codee provides a static code analysis and DevOps platform for Fortran, C, and C++ scientific and engineering software, detecting correctness, security, portability, and performance issues while generating automated fixes and reports.
CybersecurityDeep TechDeveloper Tools
Co-investorsCriteria Venture Tech
Dolfin is an agentic sales commission platform that automates the calculation, tracking, and payment of variable sales compensation, supporting tiered commissions, accelerators, multi-currency payouts, clawbacks, and other schemes.
FintechSaaSSales Tech
Co-investorsDozen Investments
Valuat provides software for managing investment operations, serving fund managers, investors, and founders.
FintechSaaS
Co-investorsAsabys PartnersNazca Capital S.G.E.I.C,
Granular herbicides for pasture and land management, manufactured in Australia.
Granular Products makes aerially applied granular herbicides and provides weed control services to manage woody weeds and invasive grasses for farmers and property owners.
AgTech
Full-stack agtech platform using autonomous robotics, computer vision, and AI for greenhouses.
Grodi builds AI and computer-vision technology for greenhouse and outdoor agriculture, using an autonomous robot (Vega 11), drones and satellite imagery to capture crop data plant-by-plant and turn it into actionable decisions for pest detection, irrigation and post-harvest control.
AgTechAI & Machine LearningRoboticsAlmería, ES
Co-investorsAxon Partners Group
IriusRisk provides an AI-augmented threat modeling platform that lets engineering, security, and compliance teams design and secure applications at the design stage, generating diagrams, threat analysis, and control recommendations.
AI & Machine LearningCybersecurityDeveloper Tools
Stephen de Vries(Founder)in
Co-investors33N360 CapitalBright Pixel CapitalChamaeleonPaladin Capital GroupSonae IM+1 more
KOA Biotech makes autonomous on-farm devices (KOA Lens and KOA Gen) that combine microbiology, biosensing, and machine learning to detect fish pathogens in real time for aquaculture producers.
AgTechAI & Machine LearningBiotech
Co-investorsFaber
Kompyte is a competitive intelligence platform that automatically tracks competitors across hundreds of sources and uses AI to surface actionable updates, delivering sales-ready Battlecards and win/loss analysis.
AI & Machine LearningSaaSSales Tech
Albert ColmeneroPere CodinaSergio Ramírez Gallardo
Co-investors500 GlobalCriteria Venture TechAdara Ventures
Landbot is a no-code platform for building AI-powered conversational agents and chatbots that engage website visitors, qualify leads in real time, and route them to sales and support teams.
AI & Machine LearningSaaSSales Tech
Co-investorsNauta Capital
MOA Food Tech develops sustainable food ingredients.
BiotechCircular EconomyFoodTechNoáin, ES
Co-investorsBig Idea VenturesBStartupEICIcos Capital
MYSPHERA builds a modular, connected platform that automates and coordinates patient flow and clinical processes for hospitals and healthcare organizations.
Digital HealthHealthtechSaaS
Co-investorsAir Liquide Venture Capital (ALIAD)
Nymiz provides a data anonymization and redaction platform that identifies and replaces sensitive personal information using synthetic data, tokenization, or masking, with reversible and irreversible workflows for anonymization and pseudonymization.
AI & Machine LearningCybersecurityData & Infrastructure
Co-investorsTIIN CapitalCDTIGoHub Ventures
ODILO provides data-based, personalized learning solutions that let organizations offer unlimited digital learning to their users.
AI & Machine LearningEdTechImpact & Social GoodSaaS
Co-investorsKibo VenturesActive Venture PartnersBregal MilestoneCDTIJME Ventures
Pack2Earth develops plant-based materials for packaging and other applications that are home-compostable, recyclable, and reusable, including high-barrier materials that protect against moisture and oxygen for long shelf life.
Circular EconomyCleantechNew Materials
Co-investorsESADE BAN
Padmi is an app that uses in-court cameras and AI pose-estimation models to record, stream, and analyze padel matches, tracking players and the ball to generate automatic statistics, heat maps, and personalized performance tips.
AI & Machine LearningConsumerSports Tech
Co-investorsDozen Investments
Austrian pharmaceutical distributor with exclusive rights to select high-value products.
Software startup changing how companies manage vehicles and fleet operations.
Pulpo offers fleet management software (PulpoFleet) that centralizes vehicles, drivers and documentation, automates operational tasks, and tracks total cost of ownership, alongside a fuel card (PulpoPay) with anti-fraud controls and an outsourced fleet management service (Pulpo360).
Logistics & Supply ChainMobility & TransportationSaaS
Co-investors13books CapitalBSVBynd Venture CapitalJME Ventures
Repscan is a legaltech company that detects, removes, and monitors negative or false online content — including photos, videos, personal data, news, and reviews — from search engines, social networks, and web portals.
CybersecurityLegalTechSaaS
Mar Jufresa(Co-Founder)
Co-investorsAulaga Capital
Sales Layer is a Product Information Management (PIM) platform with AI agents that centralize, enrich, validate, and distribute product data across websites, marketplaces, distributors, and internal systems.
AI & Machine LearningRetail TechSaaS
Alvaro Verdoy(Founder)in
Co-investorsBright Pixel CapitalGoHub VenturesPeakSpan Capital PartnersSonae IM
Sax AI provides an AI agent layer that executes KYC onboarding and reviews end-to-end inside banks' existing compliance systems (such as Fenergo, NICE Actimize, and Pega), with analysts reviewing and approving each case.
AI & Machine LearningCybersecurityFintech
Co-investorsAthos CapitalBynd Venture Capital
Smart Protection uses machine learning to detect and remove counterfeits, fraudulent ads, and brand impersonations across e-commerce platforms, social media, search engines, and apps.
AI & Machine LearningCybersecuritySaaS
Co-investorsBootstrap EuropeExtension FundNauta Capital
A URL shortcut operated by Google that directs users to official Google products and services.
Co-investorsCTI Life Sciences Fund L.P.First Bight VenturesAbstract VenturesGeneral CatalystUnion Square Ventures (USV)Y Combinator
Barcelona-based Banking-as-a-Service and Open Finance provider, acquired by French fintech Powens in 2024.
Data & InfrastructureFintechSaaS
Co-investorsAthos Capital
Weecover is a cloud-native, API-first insurtech SaaS platform that lets insurers, MGAs, banks, retailers, and distributors configure, manage, and distribute insurance products across the full policy lifecycle, including embedded insurance.
FintechInsurTechSaaS
Co-investorsLA ROCA Capitalastorya.vc
Wodan builds infrastructure that runs AI models on encrypted data without decryption, so the data stays mathematically encrypted throughout processing and only the key holder can access it.
AI & Machine LearningCybersecurityDeep Tech
Co-investorsAdara Ventures
Exits · 1
IPOs and acquisitions across the tracked portfolioUnnaxacq. by Powens
Portfolio news
latest coverage across their companies
social media · theguardian.com · Aug 18, 2026
Dolfin · finsmes.com · May 13, 2026
MOA Foodtech · agfundernews.com · Apr 22, 2026
Sax AI · trysignalbase.com · Mar 25, 2026
Kompyte · saashero.net · Feb 22, 2026
Unnax · moguplatform.com · Feb 19, 2026
Wodan · theaiinsider.tech · Dec 23, 2025
Nymiz · pulse2.com · Oct 13, 2025
Frequently asked questions
- How many investments has Swanlaab Venture Factory made?
- Swanlaab Venture Factory has 42 tracked investments, 1 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
- What stage does Swanlaab Venture Factory invest at?
- Swanlaab Venture Factory invests at the Seed, Series A, Series B, Growth stages.
- What is Swanlaab Venture Factory's typical check size?
- Swanlaab Venture Factory typically writes checks of $540K – $3.2M.
- What sectors does Swanlaab Venture Factory focus on?
- Swanlaab Venture Factory focuses on AgTech, AI & Machine Learning, Biotech, Deep Tech, Enterprise Software, FoodTech, SaaS.
- Where is Swanlaab Venture Factory located?
- Swanlaab Venture Factory is headquartered in Madrid, ES.
- Does Swanlaab Venture Factory lead rounds?
- Yes, Swanlaab Venture Factory leads investment rounds.
- Who does Swanlaab Venture Factory co-invest with?
- Swanlaab Venture Factory most often shares deals with Bright Pixel Capital, Criteria Venture Tech, Dozen Investments, among 28 tracked co-investors.
From the blog
visit blog ↗Swanlaab recently invested in agricultural robotics startup MULA and published guidance for B2B founders on avoiding corporate partnerships that consume focus without enabling scale, emphasizing the need for clear pilots, standardized products, and repeatable business models. AI summary
Media · Podcasts & interviews
featuring the teamCafé con Juan Revuelta, de Swanlaab Venture Factory
Fundación Innovación Bankinter · Juan Revuelta
Images
Co-investors · 6
Nauta Capital is a venture capital firm that invests in early-stage software companies across Europe.
Bright Pixel Capital is an investment firm backing technology companies, with a strong focus on cybersecurity, retail tech, and infrastructure software across multiple geographies.
Paladin Capital Group invests in early stage and growth companies developing cyber, AI and deep technologies that address security and resilience needs for commercial and government customers.
33N is a European venture capital firm that invests globally in category-leading companies across cybersecurity, AI, and defense.
Atlantic Bridge is a growth equity firm investing in deep technology companies across Europe, the UK and the US, using a cross-border value-add strategy and a global platform to help portfolio companies scale internationally.
Aurica Capital is a Spanish investment firm that partners with leading companies to support their expansion and internationalization, focusing on long-term, sustainable value creation.
Firms observed investing alongside Swanlaab Venture Factory, from public investor directories. Shared companies are the overlap with Swanlaab Venture Factory's recorded portfolio.
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