SODICAL

SODICAL, formally known as SODICAL Instituto Financiero de Castilla y León S.A., is a prominent public venture capital firm based in Valladolid, Spain. Established in 1983, it operates under the Ministry of Economy and Finance of the Junta de Castilla y León, the regional government. Its core mission is to foster economic development within the Castilla y León region by providing crucial financial support for the creation, growth, and consolidation of local businesses. This strategic alignment with regional policy underscores its commitment to nurturing the entrepreneurial ecosystem and driving job creation in the area.

The firm employs a versatile investment strategy, engaging in both direct equity investments and providing participatory loans, alongside its role as a fund of funds investor. SODICAL targets companies across various developmental stages, from nascent seed-stage startups to early-stage ventures and more established businesses seeking expansion capital. This broad approach allows SODICAL to support a diverse portfolio of companies, ensuring that businesses at different points in their lifecycle can access the necessary funding to scale and innovate within the region.

Over its extensive history, SODICAL has demonstrated a significant impact on the regional economy. The firm has deployed over €100 million in capital across more than 200 financing operations, making it a cornerstone of business development in Castilla y León. Its typical first cheque size ranges from €100,000 to €1,000,000, which translates approximately to $108,300 to $1,083,000 based on current exchange rates. This range indicates its focus on providing substantial, yet accessible, funding to small and medium-sized enterprises (SMEs) and innovative startups, solidifying its position as a key financial partner for regional enterprises.