Kibo Ventures

Kibo Ventures is a prominent venture capital firm based in Madrid, Spain, specializing in early-stage investments within the internet and mobile sectors. Established as a key player in the Southern European tech ecosystem, the firm primarily targets Seed and Series A rounds, demonstrating a strong commitment to nurturing innovative startups from their foundational stages. Their investment thesis centers on identifying disruptive technologies and scalable business models, often focusing on companies with global ambitions.

The firm's investment strategy is characterized by a hands-on approach, providing not only capital but also strategic guidance, operational support, and access to an extensive network. While their primary geographical focus remains Spain and Southern Europe, Kibo Ventures also actively supports European companies looking to expand internationally, including into the US market. They are known for their ability to lead rounds or co-invest alongside other reputable venture capital firms, leveraging their deep market insights and operational expertise to help portfolio companies achieve significant growth milestones.

Kibo Ventures has successfully raised multiple funds, underscoring its consistent growth and investor confidence. Their latest fund, Kibo Ventures IV, closed in 2022 with commitments totaling €120 million, or approximately $129.6 million, significantly bolstering their capacity for new investments and follow-on rounds. The firm boasts a robust portfolio of over 70 companies, including notable successes like Jobandtalent, Flywire, Factorial, and Tier Mobility, many of which have achieved significant valuations or successful exits. This extensive portfolio reflects Kibo's ability to identify and scale promising ventures across various sub-sectors of the digital economy.

Typically, Kibo Ventures' initial cheque sizes range from €500,000 to €3 million, equivalent to approximately $540,000 to $3.24 million, depending on the stage and specific needs of the startup. They also reserve substantial capital for follow-on investments, supporting their portfolio companies through subsequent funding rounds as they scale. Kibo Ventures has cemented its reputation as a crucial partner for early-stage tech companies in Europe, offering both financial backing and strategic partnership to drive innovation and market leadership.