Xesgalicia
Description
Xesgalicia is a prominent venture capital management firm based in Santiago de Compostela, Spain, operating as the public financial instrument of the Xunta de Galicia, the regional government of Galicia. Established with the primary objective of fostering economic development and promoting business growth within the Galician region, Xesgalicia plays a crucial role in supporting local companies across various stages of their lifecycle. Its mandate extends beyond traditional venture capital, encompassing a broader spectrum of financial instruments designed to stimulate innovation, internationalization, and job creation.
The firm manages a diverse portfolio of funds, including venture capital, private equity, and debt instruments, tailored to meet the specific needs of Galician enterprises. These funds target companies from nascent startups to more established businesses seeking expansion capital. Xesgalicia has demonstrated a significant impact on the regional economy, having managed to mobilize over 350 million euros in investments through its various financial instruments. Furthermore, its extensive activity is evidenced by its participation in more than 1,000 investment operations since its inception, underscoring its deep commitment to the Galician business ecosystem.
Xesgalicia's investment strategy is characterized by its flexibility and long-term vision, often involving co-investment with private partners to amplify its impact and leverage additional capital. While its portfolio spans various sectors, including technology, industry, and services, the firm consistently prioritizes projects that exhibit strong growth potential and contribute positively to regional employment and innovation. Typical first cheque sizes for Xesgalicia can vary significantly depending on the specific fund and the stage of the company, ranging from early-stage venture capital infusions to larger growth equity investments.
This public-private collaboration model allows Xesgalicia to provide not only capital but also strategic support, helping companies navigate challenges and capitalize on opportunities. Its role is pivotal in strengthening the entrepreneurial fabric of Galicia, ensuring that promising local businesses have access to the necessary financial resources to scale and compete effectively in broader markets.
Investor Profile
Xesgalicia has backed more than 27 startups, with 1 new investments in the last 12 months alone. The firm has led 5 rounds, about 19% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series Unknown, Pre Seed rounds (top funding stages).
- Majority of deals are located in Spain, Portugal.
- Strong thematic focus on Software, Biotechnology, Pharmaceutical.
- Typical check size: $50K – $5M.
Stage Focus
- Seed (52%)
- Series Unknown (26%)
- Pre Seed (11%)
- Series A (4%)
- Convertible Note (4%)
- Equity Crowdfunding (4%)
Country Focus
- Spain (96%)
- Portugal (4%)
Industry Focus
- Software
- Biotechnology
- Pharmaceutical
- B2b
- Analytics
- Fintech
- Mobile
- Artificial Intelligence (Ai)
- Big Data
- Developer Tools
Frequently Asked Questions
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