Adara Ventures

Adara Ventures is a Madrid-based venture capital firm focused on early-stage technology companies across Europe. It backs deep-technology startups in cybersecurity, data and applications, infrastructure, DevOps, hardware components, digital health, and the energy transition, partnering with founders to accelerate growth. With a European footprint, the firm maintains a diversified portfolio across markets such as Spain, Portugal, France, Ireland and the United Kingdom, and supports teams from initial rounds through scale-up by providing capital and strategic guidance. Founded in 2005, Adara seeks ambitious teams with capacity, courage and vision to execute and commercialize innovative technologies.

Jorge Baron

Associate

Alberto Echeverri

Partner

Alessandro Gambarotta

Associate

Nicolas Goulet

Managing Partner

Alberto Gómez

Founding Partner

Rocío Pillado López

Partner

Ross Strachan

Principal

Past deals in Spain

indigitall

Series A in 2024
Indigitall specializes in digital transformation, enhancing user experience via innovative mobility solutions. With a global platform for automated marketing, they enable businesses to communicate effectively with users across mobile apps and websites. Currently operating in Spain, Italy, Colombia, and Mexico, indigitall aims to expand its presence worldwide.

IOMED

Series A in 2023
IOMED Medical Solutions is a technology company based in Barcelona, Catalonia, founded in 2016 by Alvaro Abella, Gabriel de Maeztu, and Javier Oca. The company specializes in medical record management software that utilizes artificial intelligence and Natural Language Processing to structure clinical data. By extracting insights from clinical notes, IOMED's software helps hospitals save costs and allocate resources more effectively. The platform enhances data structuring, integration, and interoperability, enabling clinicians to access organized and visualized medical information. This technology ultimately supports healthcare professionals in making informed decisions, improving efficiency and operational savings within medical environments.

Stratio

Series C in 2022
Stratio is a digital transformation company specializing in artificial intelligence and big data solutions. Founded in November 2013, it has evolved from a small team of 15 to over 500 employees, with operations primarily in Madrid, Bogota, and Paris. The company offers a hybrid virtual data management platform that encompasses the entire data lifecycle, including auto-discovery, virtualization, metadata enrichment, and MLOps for data mining. Stratio's technology promotes scalability and adaptability, allowing organizations to integrate their data management across public clouds and on-premises environments without vendor lock-in. This flexibility enables clients to leverage existing resources, such as ontologies and machine learning models, effectively reducing time and costs while facilitating expansion into new markets.

IOMED

Venture Round in 2020
IOMED Medical Solutions is a technology company based in Barcelona, Catalonia, founded in 2016 by Alvaro Abella, Gabriel de Maeztu, and Javier Oca. The company specializes in medical record management software that utilizes artificial intelligence and Natural Language Processing to structure clinical data. By extracting insights from clinical notes, IOMED's software helps hospitals save costs and allocate resources more effectively. The platform enhances data structuring, integration, and interoperability, enabling clinicians to access organized and visualized medical information. This technology ultimately supports healthcare professionals in making informed decisions, improving efficiency and operational savings within medical environments.

Quibim

Seed Round in 2020
Quibim is a global leader in whole-body medical imaging analysis headquartered in Valencia, Spain. Its platform, Quibim Precision, provides an AI-first ecosystem that standardizes imaging quality, automates feature extraction, and delivers quantitative imaging biomarkers across all body parts and modalities. The system integrates deep‑learning, radiomics, and multi‑omics data to enhance disease detection, support clinical trials, and monitor treatment efficacy for pharmaceutical companies and research teams worldwide.

Scalefast

Series B in 2020
Scalefast is a global e-commerce platform that empowers brands in entertainment, consumer goods, and fashion sectors. Founded in 2014 and headquartered in El Segundo, California, with offices in Madrid and Paris, the company offers a comprehensive suite of tools and services to simplify and enhance online shopping experiences. Scalefast's platform provides business infrastructure, e-commerce operations, internationalization, fulfillment, fraud protection, and customer engagement features such as social sign-on, local currency and languages, checkout cross-selling, exclusive bundling, subscriptions, and loyalty programs. By leveraging artificial intelligence and e-commerce expertise, Scalefast enables brands to scale quickly, increase revenue, and better understand and retain customers.

CounterCraft

Seed Round in 2020
CounterCraft specializes in advanced cyber deception technology to detect and control targeted attacks. Its Threat Deception platform creates decoy environments, fooling attackers into engaging with false information instead of real systems. This provides more time for response and generates relevant threat intelligence. CounterCraft serves Fortune500 companies globally, including financial institutions and governments.

BEONx

Series A in 2020
BEONx is a Spanish travel technology company specializing in hotel revenue management solutions. The company has developed an innovative system that optimizes pricing and distribution by analyzing consumer expectations and booking behavior. Its software evaluates a range of factors, including location, hotel services, room size, and online reputation, to assess demand and competitive pricing effectively. A key feature of BEONx's offering is the HQI™, a unique index that measures the overall quality of hotels, helping clients understand their competitive standing and price elasticity in the market. With over 2,000 clients across more than 30 countries, BEONx serves notable hotel chains, enabling them to optimize room rates by providing actionable insights into availability, demand, and competitor pricing. Through its commitment to innovation and agility, BEONx aims to enhance revenue strategies in the hospitality sector.

Kompyte

Venture Round in 2019
Kompyte is a competitive intelligence tool that enables businesses to monitor and analyze their competitors' online strategies in real-time. Founded in 2014 and headquartered in San Francisco, with additional offices in Barcelona and Austin, Kompyte serves a diverse range of product, marketing, and sales roles across over 20 industries worldwide. The software automates the tracking of competitors' activities, providing users with timely notifications about significant updates and changes, which helps them respond effectively to shifts in the competitive landscape. By compiling more than 3.5 trillion data points annually, Kompyte empowers organizations to leverage competitive insights to enhance their sales, marketing performance, and product strategies, ultimately reinventing how businesses utilize intelligence in a fast-paced digital environment.

Stratio

Series B in 2018
Stratio is a digital transformation company specializing in artificial intelligence and big data solutions. Founded in November 2013, it has evolved from a small team of 15 to over 500 employees, with operations primarily in Madrid, Bogota, and Paris. The company offers a hybrid virtual data management platform that encompasses the entire data lifecycle, including auto-discovery, virtualization, metadata enrichment, and MLOps for data mining. Stratio's technology promotes scalability and adaptability, allowing organizations to integrate their data management across public clouds and on-premises environments without vendor lock-in. This flexibility enables clients to leverage existing resources, such as ontologies and machine learning models, effectively reducing time and costs while facilitating expansion into new markets.

Hdiv Security

Seed Round in 2018
Hdiv Security SL is a software development company based in San Sebastián, Spain, specializing in security solutions that protect against security bugs and design flaws. Founded in 2008, Hdiv Security offers a unified platform that enables application self-protection throughout the Software Development Lifecycle (SDLC). Its product suite includes hdiv detection, hdiv protection, hdiv verification, and hdiv community, catering to various sectors such as government, banking, and aerospace. The company focuses on automating self-protection mechanisms to eliminate the need for extensive security expertise and reduce operational costs. Hdiv Security's solutions are designed to secure web applications and APIs from the outset, addressing the root causes of risks effectively.

CounterCraft

Seed Round in 2018
CounterCraft specializes in advanced cyber deception technology to detect and control targeted attacks. Its Threat Deception platform creates decoy environments, fooling attackers into engaging with false information instead of real systems. This provides more time for response and generates relevant threat intelligence. CounterCraft serves Fortune500 companies globally, including financial institutions and governments.

Scalefast

Series A in 2017
Scalefast is a global e-commerce platform that empowers brands in entertainment, consumer goods, and fashion sectors. Founded in 2014 and headquartered in El Segundo, California, with offices in Madrid and Paris, the company offers a comprehensive suite of tools and services to simplify and enhance online shopping experiences. Scalefast's platform provides business infrastructure, e-commerce operations, internationalization, fulfillment, fraud protection, and customer engagement features such as social sign-on, local currency and languages, checkout cross-selling, exclusive bundling, subscriptions, and loyalty programs. By leveraging artificial intelligence and e-commerce expertise, Scalefast enables brands to scale quickly, increase revenue, and better understand and retain customers.

Kompyte

Venture Round in 2017
Kompyte is a competitive intelligence tool that enables businesses to monitor and analyze their competitors' online strategies in real-time. Founded in 2014 and headquartered in San Francisco, with additional offices in Barcelona and Austin, Kompyte serves a diverse range of product, marketing, and sales roles across over 20 industries worldwide. The software automates the tracking of competitors' activities, providing users with timely notifications about significant updates and changes, which helps them respond effectively to shifts in the competitive landscape. By compiling more than 3.5 trillion data points annually, Kompyte empowers organizations to leverage competitive insights to enhance their sales, marketing performance, and product strategies, ultimately reinventing how businesses utilize intelligence in a fast-paced digital environment.

CounterCraft

Seed Round in 2016
CounterCraft specializes in advanced cyber deception technology to detect and control targeted attacks. Its Threat Deception platform creates decoy environments, fooling attackers into engaging with false information instead of real systems. This provides more time for response and generates relevant threat intelligence. CounterCraft serves Fortune500 companies globally, including financial institutions and governments.

Qbitia

Venture Round in 2016
Qbitia is a software company specializing in technology solutions for capital markets, aimed at simplifying and optimizing daily trading activities. With offices in Chicago, London, and Madrid, Qbitia focuses on delivering innovative tools to enhance trading efficiency. Its primary product, Qcaid, is a cloud-based automated trading platform that empowers users to design, backtest, optimize, and execute trading strategies in real time, all without the need for programming skills. Recognized as the Best Automated Algorithmic Trading Platform at the 2016 Technical Analyst Awards, Qcaid streamlines the investment process, allowing traders to analyze and implement complex strategies more effectively.

Qbitia

Seed Round in 2015
Qbitia is a software company specializing in technology solutions for capital markets, aimed at simplifying and optimizing daily trading activities. With offices in Chicago, London, and Madrid, Qbitia focuses on delivering innovative tools to enhance trading efficiency. Its primary product, Qcaid, is a cloud-based automated trading platform that empowers users to design, backtest, optimize, and execute trading strategies in real time, all without the need for programming skills. Recognized as the Best Automated Algorithmic Trading Platform at the 2016 Technical Analyst Awards, Qcaid streamlines the investment process, allowing traders to analyze and implement complex strategies more effectively.

PlayGiga

Series A in 2015
PlayGiga is a company that provides an innovative cloud gaming service, allowing users to play premium video games on devices such as PCs, Macs, and TVs through a low-cost monthly subscription. Founded in 2013, PlayGiga has developed advanced virtualization technology that enhances gameplay by minimizing latency, enabling users to access a curated library of high-quality games without the need for expensive hardware. This approach significantly reduces the overall cost of gaming, making it more accessible to a broader audience. PlayGiga has established itself as a technology partner for various telecommunications and media companies, including TIM in Italy and Turner International, helping them to deliver cloud gaming solutions to their customers. With live deployments in countries such as Spain, Italy, Argentina, and Chile, PlayGiga is positioned to transform the gaming industry, similar to the shifts seen in streaming services for television and music.

PlayGiga

Series A in 2014
PlayGiga is a company that provides an innovative cloud gaming service, allowing users to play premium video games on devices such as PCs, Macs, and TVs through a low-cost monthly subscription. Founded in 2013, PlayGiga has developed advanced virtualization technology that enhances gameplay by minimizing latency, enabling users to access a curated library of high-quality games without the need for expensive hardware. This approach significantly reduces the overall cost of gaming, making it more accessible to a broader audience. PlayGiga has established itself as a technology partner for various telecommunications and media companies, including TIM in Italy and Turner International, helping them to deliver cloud gaming solutions to their customers. With live deployments in countries such as Spain, Italy, Argentina, and Chile, PlayGiga is positioned to transform the gaming industry, similar to the shifts seen in streaming services for television and music.

Stratio

Series A in 2014
Stratio is a digital transformation company specializing in artificial intelligence and big data solutions. Founded in November 2013, it has evolved from a small team of 15 to over 500 employees, with operations primarily in Madrid, Bogota, and Paris. The company offers a hybrid virtual data management platform that encompasses the entire data lifecycle, including auto-discovery, virtualization, metadata enrichment, and MLOps for data mining. Stratio's technology promotes scalability and adaptability, allowing organizations to integrate their data management across public clouds and on-premises environments without vendor lock-in. This flexibility enables clients to leverage existing resources, such as ontologies and machine learning models, effectively reducing time and costs while facilitating expansion into new markets.

AT&T CyberSecurity

Series D in 2013
AT&T Cybersecurity specializes in providing comprehensive security solutions tailored for mid-market enterprises facing modern security threats. The company offers a suite of products encompassing cyber strategy and risk, identity and fraud management, network and endpoint security, as well as threat detection and response. Key offerings include managed threat detection, unified security management for managed security service providers (MSSPs), and the AlienVault USM platform, which aids in threat detection, incident response, and compliance management. Additionally, AT&T Cybersecurity features the Open Threat Exchange, fostering collaboration among security professionals by sharing actionable threat intelligence. The company serves a diverse range of sectors, including education, healthcare, finance, and retail, ensuring that organizations can effectively manage their security needs without excessive complexity or costs. Founded in 2007 and headquartered in San Mateo, California, AT&T Cybersecurity operates as a subsidiary of AT&T Communications, LLC. The company also has offices in Ireland, Spain, Australia, and Texas.

AT&T CyberSecurity

Series C in 2012
AT&T Cybersecurity specializes in providing comprehensive security solutions tailored for mid-market enterprises facing modern security threats. The company offers a suite of products encompassing cyber strategy and risk, identity and fraud management, network and endpoint security, as well as threat detection and response. Key offerings include managed threat detection, unified security management for managed security service providers (MSSPs), and the AlienVault USM platform, which aids in threat detection, incident response, and compliance management. Additionally, AT&T Cybersecurity features the Open Threat Exchange, fostering collaboration among security professionals by sharing actionable threat intelligence. The company serves a diverse range of sectors, including education, healthcare, finance, and retail, ensuring that organizations can effectively manage their security needs without excessive complexity or costs. Founded in 2007 and headquartered in San Mateo, California, AT&T Cybersecurity operates as a subsidiary of AT&T Communications, LLC. The company also has offices in Ireland, Spain, Australia, and Texas.

AT&T CyberSecurity

Series B in 2012
AT&T Cybersecurity specializes in providing comprehensive security solutions tailored for mid-market enterprises facing modern security threats. The company offers a suite of products encompassing cyber strategy and risk, identity and fraud management, network and endpoint security, as well as threat detection and response. Key offerings include managed threat detection, unified security management for managed security service providers (MSSPs), and the AlienVault USM platform, which aids in threat detection, incident response, and compliance management. Additionally, AT&T Cybersecurity features the Open Threat Exchange, fostering collaboration among security professionals by sharing actionable threat intelligence. The company serves a diverse range of sectors, including education, healthcare, finance, and retail, ensuring that organizations can effectively manage their security needs without excessive complexity or costs. Founded in 2007 and headquartered in San Mateo, California, AT&T Cybersecurity operates as a subsidiary of AT&T Communications, LLC. The company also has offices in Ireland, Spain, Australia, and Texas.

AT&T CyberSecurity

Series A in 2010
AT&T Cybersecurity specializes in providing comprehensive security solutions tailored for mid-market enterprises facing modern security threats. The company offers a suite of products encompassing cyber strategy and risk, identity and fraud management, network and endpoint security, as well as threat detection and response. Key offerings include managed threat detection, unified security management for managed security service providers (MSSPs), and the AlienVault USM platform, which aids in threat detection, incident response, and compliance management. Additionally, AT&T Cybersecurity features the Open Threat Exchange, fostering collaboration among security professionals by sharing actionable threat intelligence. The company serves a diverse range of sectors, including education, healthcare, finance, and retail, ensuring that organizations can effectively manage their security needs without excessive complexity or costs. Founded in 2007 and headquartered in San Mateo, California, AT&T Cybersecurity operates as a subsidiary of AT&T Communications, LLC. The company also has offices in Ireland, Spain, Australia, and Texas.

Openbravo

Series B in 2008
Openbravo is a prominent provider of open source software solutions tailored for midsize and large specialty retailers worldwide. The company specializes in the Openbravo Commerce Suite, a comprehensive multichannel retail management platform that facilitates the transformation of physical store operations, enhancing customer shopping experiences. This cloud-based platform equips retailers with various functionalities, including sales, refunds, cash management, and warehouse management, allowing them to adapt to ongoing changes in the retail landscape. Openbravo's technology is designed to be highly flexible and extendable, with mobile capabilities to support diverse business needs. The company operates offices in France, India, Mexico, and Spain, and distributes its software through a global network of authorized partners, serving around 6,000 organizations daily.

Advanced Digital Design

Series A in 2007
Advanced Digital Design develops system-on-chip (SoC) solutions for narrow band communications and digital data processes. The company’s product portfolio includes SoC solutions for narrowband power line communications; ASIC solutions for PLC base nodes implementation; and various starter and development kits. Advanced Digital Design offers its solutions for metering, home automation, intelligent buildings, lighting management, water management, photovoltaic installations, and machine-to-machine applications. It offers its products through a network of distributors in the Russian Federation, China, and Japan. Advanced Digital Design was founded in 2001 and is based in Zaragoza, Spain. As of October 6, 2011, the company operates as a subsidiary of Atmel Corporation.

Ecutronic Technologies

Venture Round in 2005
Ecutronic Technologies, SL specializes in the production of diagnostic systems designed for car repair workshops and field assistance. The company focuses on manufacturing equipment that facilitates the monitoring of engine performance and emissions analysis. Based in Malaga, Spain, Ecutronic Technologies aims to provide effective solutions to enhance the efficiency and accuracy of automotive diagnostics.
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