Fundraising Fox

Swanlaab Venture Factory

Venture capital

Madrid · Seed–Growth · 23 people tracked

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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.

Stage
Seed–Growth
Check
$540K – $3.2M
HQ
Madrid, ES
Leads rounds
Leads
Instruments
Equity
Founded
2014
AUM
$108M
Tracked investments
42

Team · 23 people

from the firm's website & curated & public directories

What they invest in

from 31 of 42 portfolio companies

SaaS ×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 path
AT Safety Trainingatsafetytraining.cain

Provider of workplace safety training, testing, and occupational health services, delivering programs to more than 50,000 workers annually.

EdTech

Big Guardianbigguardian.esin

BigGuardian offers Guardian devices, small implantable thermometers placed vaginally in female animals and via the rumen in males, to monitor livestock body temperature.

AgTechHardwareIoT

Codeecodee.comin𝕏

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

Coowrycoowry.com
Dolfinheydolfin.comin

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

Eashipeaship.ioin

Eaship offers AI-assisted transport planning software for manufacturers, helping them plan loads, automatically assign carriers, manage warehouse scheduling slots, and handle electronic signing of delivery documents (albaranes, CMR).

AI & Machine LearningLogistics & Supply ChainSaaS

Eltielti.itin

Elti provides water quality and Legionella control services for public and private swimming pools, addressing Italian regulatory standards such as the State-Regions Agreement and the UNI 10637 norm.

Cleantech

Flowwwflowww.es
FOR INVESTORSvaluat.com

Valuat provides software for managing investment operations, serving fund managers, investors, and founders.

FintechSaaS

Co-investorsAsabys PartnersNazca Capital S.G.E.I.C,

Granular Products

Granular herbicides for pasture and land management, manufactured in Australia.

Granularproductsgranularproducts.comin

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

Grodi

Full-stack agtech platform using autonomous robotics, computer vision, and AI for greenhouses.

Groditechgroditech.comin

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

Irius Riskiriusrisk.comin

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
Koa Biotechkoabiotech.comin

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

Kompytekompyte.comin

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

Landbotlandbot.ioin𝕏

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

Leemonsleemons.io
MOA Foodtechmoafoodtech.comin

MOA Food Tech develops sustainable food ingredients.

BiotechCircular EconomyFoodTechNoáin, ES

Co-investorsBig Idea VenturesBStartupEICIcos Capital

MULAmula.aiin

MULA builds an electric, autonomous 4x4 agricultural vehicle that works with commercial and specific implements (sprayers, mowers, harvesters) and offers a web platform for route planning, fleet management, and real-time monitoring.

AgTechCleantechRobotics

Pedro Ancizu(Co-founder)

MySpheramysphera.comin𝕏

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)

Nymiznymiz.com

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

Odiloodilo.esin𝕏

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

Pack2Earthpack2earth.ecoin

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

Padmipadmi.esin

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

Pharmacom

Austrian pharmaceutical distributor with exclusive rights to select high-value products.

Pulpo

Software startup changing how companies manage vehicles and fleet operations.

Pulpomaticpulpomatic.comin𝕏

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

Quentaxquentax.ai
Repscanrepscan.comin𝕏

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 Layersaleslayer.comin𝕏

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

Saleslayersaleslayer.co
Sax AIhiresax.ai

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

Situmsitum.esin𝕏

Situm provides indoor and outdoor positioning, wayfinding, and navigation technology, including 3D interactive maps, a navigation SDK, and real-time staff tracking with geo-analytics.

Deep TechIoTSaaS

Smart Protectionsmartprotection.comin𝕏

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

social mediag.co

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

Trappittrappit.comin𝕏

The page's genuine content describes a global re-shopping and post-ticketing airline solution aimed at corporations and travel agencies.

SaaSTravel & Hospitality

Unnaxunnax.cominacquired by Powens

Barcelona-based Banking-as-a-Service and Open Finance provider, acquired by French fintech Powens in 2024.

Data & InfrastructureFintechSaaS

Co-investorsAthos Capital

Upbeupbe.aiin𝕏

Upbe provides software that automatically analyzes the quality of call center calls using its own analysis methodology, supporting over 90 languages.

AI & Machine LearningSaaSSales Tech

Weecoverweecover.comin𝕏Jan 2025

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

Wodanwodan.aiin𝕏

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 portfolio

Unnaxacq. by Powens

Portfolio news

latest coverage across their companies

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 team

Café con Juan Revuelta, de Swanlaab Venture Factory

Fundación Innovación Bankinter · Juan Revuelta

Images

Swanlaab Venture Factory photoSwanlaab Venture Factory photo

Co-investors · 6

Nauta Capital

Nauta Capital is a venture capital firm that invests in early-stage software companies across Europe.

$1.1M – $5.4M
Bright Pixel Capital

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

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.

Both backed · 1
$100K – $5M
33N

33N is a European venture capital firm that invests globally in category-leading companies across cybersecurity, AI, and defense.

Both backed · 1
$4.3M – $13M
Atlantic Bridge Ventures

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.

$1M – $5M
Aurica Capital

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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