Kibo Ventures

Kibo Ventures is a Madrid-based venture capital firm founded in 2011 that specializes in early-stage investments in digital technology companies. The firm focuses on seed and early-stage investments, typically leading or co-leading pre-Series A and Series A funding rounds. Kibo Ventures primarily targets sectors such as internet retail, online services, systems software, telecommunications, and mobile technology. With a global investment scope that emphasizes Europe, the United States, and Latin America, Kibo Ventures invests between €2 million and €5 million, aiming for a minority ownership stake of 10% to 20%. The firm manages $130 million from a diverse range of institutional and private investors and is committed to supporting portfolio companies through their growth phases while encouraging co-investment from other valuable investors.

José Mª Amusátegui

Co-Founder and Managing Partner

Vicente Bouza

Managing Director, Nzyme Fund

Fernando Díaz-Solís

Managing Director, Nzyme

Sonia Fernandez

Partner

Diego Mariño

Venture Partner

Joaquin Rebuelta

Partner

Aquilino Pena

Co-Founder and Partner

Teo Ruiz

Operating Partner

Juan Lopez

Partner and Managing Director, Nzyme

Javier Torremocha

Co-Founder and Partner

Jordi Vidal

Principal

Past deals in Madrid

Devo

Series F in 2022
Devo, Inc. is a cloud-native platform specializing in centralized log management and security analytics. The company offers a comprehensive enterprise log management solution that enables organizations to collect and analyze machine data from various sources, facilitating insights into applications, infrastructure, and business systems through real-time dashboards and alerts. Devo's product suite includes Devo Data Operations for data collection and management, Devo Service Operations for monitoring complex applications, and Devo Machine Learning Workbench for data science teams. These tools support various use cases, including threat detection, centralized log management, and monitoring in complex environments. Devo serves a diverse range of industries, including financial services, retail, telecommunications, and software as a service providers. Founded in 2011 and originally named Logtrust, the company is headquartered in Cambridge, Massachusetts, with an additional office in Madrid, Spain.

Trucksters

Series A in 2022
Trucksters is a tech start-up based in Madrid, Spain, with the aim of connecting drivers and carriers to optimize long distance freight transport. We reduce the delivery times of long-distance road freight by as much as 50% by allowing trucks to be continuously on the move; Our technology enable our pool of professionals to drive in relays the same vehicle and optimize its idle times, without the cost of having two drivers per cabin.

Circular

Series A in 2022
Circular is an online community based in Madrid, Spain, that facilitates connections between startups and qualified candidates. The platform enables startups to refer candidates they did not hire to other companies within the community, thereby streamlining the recruitment process and reducing costs. In addition to this referral system, Circular allows individuals to search for employment opportunities across various capacities, helping them find suitable positions within the startup ecosystem. Formerly known as The Hiring Circle, Circular aims to enhance the efficiency of hiring by leveraging community resources.

CARTO

Series C in 2021
From smartphones to connected cars, location data is changing the way we live and the way business happens. CARTO is the platform that turns spatial data into more efficient delivery routes, better behavioral marketing, strategic store placements, and much more. Data Scientists, Developers, and Analysts solve spatial problems using CARTO’s data and analysis to understand where and why things happen, optimize business processes, and predict future outcomes through the power of Spatial Data Science. Backed by leading VC firms Accel Partners, Salesforce Ventures, Earlybird Ventures, and Kibo Ventures, CARTO is the world’s leading Location Intelligence platform. Founded in 2012 by an environmental scientist and visualization experts, CARTO is headquartered in New York City with offices in Madrid, Seville and Washington DC. CARTO has a team of 130 employees, a portfolio of 2,500 customers including BBVA, BCG, New York City, and Twitter and more than 350,000 users around the globe - and has regularly been recognized by Gartner and Forrester for its innovation in the Location Intelligence space.

Devo

Series E in 2021
Devo, Inc. is a cloud-native platform specializing in centralized log management and security analytics. The company offers a comprehensive enterprise log management solution that enables organizations to collect and analyze machine data from various sources, facilitating insights into applications, infrastructure, and business systems through real-time dashboards and alerts. Devo's product suite includes Devo Data Operations for data collection and management, Devo Service Operations for monitoring complex applications, and Devo Machine Learning Workbench for data science teams. These tools support various use cases, including threat detection, centralized log management, and monitoring in complex environments. Devo serves a diverse range of industries, including financial services, retail, telecommunications, and software as a service providers. Founded in 2011 and originally named Logtrust, the company is headquartered in Cambridge, Massachusetts, with an additional office in Madrid, Spain.

Green Eagle Solutions

Series A in 2021
Green Eagle Solutions specializes in providing SCADA (Supervisory Control and Data Acquisition) solutions for wind farms and solar plants, emphasizing the critical role of SCADA systems in managing energy production and distribution. The company operates a renewable assets monitoring platform that enhances efficiency and simplifies the management of renewable energy facilities. By offering a multi-technology and multi-brand system, Green Eagle Solutions enables clients to monitor, analyze, and control their energy assets—such as wind farms, solar plants, and electrical substations—through a unified interface. This approach helps clients improve asset availability and extend the operational lifespan of their renewable energy infrastructure.

ODILO

Venture Round in 2020
Odilo removes the technology barriers, allowing any institution to offer all kinds of digital content to its users whilst ensuring compliance with copyright laws. Their company is one of the leading software solutions for libraries offering a comprehensive product suite to discover, manage and distribute digital content as well as print. They are headquartered in Cartagena, Spain and have offices in Madrid, Spain; Miami, Florida; Mexico City, Mexico; and New York, New York. Their aim is to develop the market’s most innovative and creative solutions. They lead the way in defining and designing efficient, user-friendly products, serving the needs of public, private, university, school and special interest libraries today, while enabling them to transition into the future.

Bipi

Series A in 2019
Bipi Mobility, S.L. is a car subscription service based in Madrid, Spain, founded in 2017. The company offers a flexible alternative to traditional car ownership by allowing users to subscribe to new and used cars through a fully digital platform. Customers can book vehicles, manage subscriptions, swap cars, and cancel their service at any time, all with a single, all-inclusive monthly payment. Bipi's service aims to provide a convenient and hassle-free experience, making it easier for individuals to access vehicles without the commitment of ownership.

Trucksters

Seed Round in 2019
Trucksters is a tech start-up based in Madrid, Spain, with the aim of connecting drivers and carriers to optimize long distance freight transport. We reduce the delivery times of long-distance road freight by as much as 50% by allowing trucks to be continuously on the move; Our technology enable our pool of professionals to drive in relays the same vehicle and optimize its idle times, without the cost of having two drivers per cabin.

Clarity AI

Seed Round in 2019
Clarity AI, Inc. offers a technology platform designed to measure and optimize the social impact of investment portfolios. Founded in 2017 and headquartered in Albany, New York, with additional offices in Madrid and London, the company utilizes big data and machine learning to analyze the societal effects of investments and organizations. Its SaaS-based solution provides extensive coverage of social and environmental impact data, enabling asset managers to make informed decisions and allocate capital more efficiently. Clarity AI's platform aggregates multiple data sources to enhance the reliability of insights, supporting end-to-end sustainability analysis for various stakeholders, including investors and corporate entities. By equipping decision-makers with the necessary tools to understand and optimize their social and environmental impacts, Clarity AI aims to promote socially efficient capital allocation across the market.

Gamelearn

Series A in 2018
Gamelearn S.L. is a Madrid-based company that specializes in game-based learning for corporate training. Established in 2007, it offers a platform that utilizes video games and simulations to enhance professional skills and boost employee productivity. With nearly 15 years of experience, Gamelearn has trained over 300,000 professionals from more than 3,000 organizations globally. The platform provides customizable content and cloud services, focusing on developing soft skills such as communication, time management, and task optimization. Gamelearn aims to revolutionize adult learning, making it engaging and effective, and has received numerous awards for its innovative approach in the field of corporate training.

Devo

Series C in 2018
Devo, Inc. is a cloud-native platform specializing in centralized log management and security analytics. The company offers a comprehensive enterprise log management solution that enables organizations to collect and analyze machine data from various sources, facilitating insights into applications, infrastructure, and business systems through real-time dashboards and alerts. Devo's product suite includes Devo Data Operations for data collection and management, Devo Service Operations for monitoring complex applications, and Devo Machine Learning Workbench for data science teams. These tools support various use cases, including threat detection, centralized log management, and monitoring in complex environments. Devo serves a diverse range of industries, including financial services, retail, telecommunications, and software as a service providers. Founded in 2011 and originally named Logtrust, the company is headquartered in Cambridge, Massachusetts, with an additional office in Madrid, Spain.

Billin

Series A in 2018
Billin offers a free invoicing and billing platform designed specifically for small and medium-sized enterprises (SMEs) and freelancers. The platform facilitates the creation, exchange, and management of invoices, helping users save time and reduce errors. By providing a set of online tools, Billin enables businesses to control various aspects of invoicing, including the sending, receipt, status, storage, and communication related to invoices. This centralized approach simplifies transactions between clients and suppliers, ensuring a secure and efficient process for collecting payments.

Devo

Series B in 2017
Devo, Inc. is a cloud-native platform specializing in centralized log management and security analytics. The company offers a comprehensive enterprise log management solution that enables organizations to collect and analyze machine data from various sources, facilitating insights into applications, infrastructure, and business systems through real-time dashboards and alerts. Devo's product suite includes Devo Data Operations for data collection and management, Devo Service Operations for monitoring complex applications, and Devo Machine Learning Workbench for data science teams. These tools support various use cases, including threat detection, centralized log management, and monitoring in complex environments. Devo serves a diverse range of industries, including financial services, retail, telecommunications, and software as a service providers. Founded in 2011 and originally named Logtrust, the company is headquartered in Cambridge, Massachusetts, with an additional office in Madrid, Spain.

Billin

Series A in 2017
Billin offers a free invoicing and billing platform designed specifically for small and medium-sized enterprises (SMEs) and freelancers. The platform facilitates the creation, exchange, and management of invoices, helping users save time and reduce errors. By providing a set of online tools, Billin enables businesses to control various aspects of invoicing, including the sending, receipt, status, storage, and communication related to invoices. This centralized approach simplifies transactions between clients and suppliers, ensuring a secure and efficient process for collecting payments.

Bipi

Seed Round in 2017
Bipi Mobility, S.L. is a car subscription service based in Madrid, Spain, founded in 2017. The company offers a flexible alternative to traditional car ownership by allowing users to subscribe to new and used cars through a fully digital platform. Customers can book vehicles, manage subscriptions, swap cars, and cancel their service at any time, all with a single, all-inclusive monthly payment. Bipi's service aims to provide a convenient and hassle-free experience, making it easier for individuals to access vehicles without the commitment of ownership.

ODILO

Series B in 2017
Odilo removes the technology barriers, allowing any institution to offer all kinds of digital content to its users whilst ensuring compliance with copyright laws. Their company is one of the leading software solutions for libraries offering a comprehensive product suite to discover, manage and distribute digital content as well as print. They are headquartered in Cartagena, Spain and have offices in Madrid, Spain; Miami, Florida; Mexico City, Mexico; and New York, New York. Their aim is to develop the market’s most innovative and creative solutions. They lead the way in defining and designing efficient, user-friendly products, serving the needs of public, private, university, school and special interest libraries today, while enabling them to transition into the future.

Gamelearn

Venture Round in 2017
Gamelearn S.L. is a Madrid-based company that specializes in game-based learning for corporate training. Established in 2007, it offers a platform that utilizes video games and simulations to enhance professional skills and boost employee productivity. With nearly 15 years of experience, Gamelearn has trained over 300,000 professionals from more than 3,000 organizations globally. The platform provides customizable content and cloud services, focusing on developing soft skills such as communication, time management, and task optimization. Gamelearn aims to revolutionize adult learning, making it engaging and effective, and has received numerous awards for its innovative approach in the field of corporate training.

Clarity AI

Pre Seed Round in 2017
Clarity AI, Inc. offers a technology platform designed to measure and optimize the social impact of investment portfolios. Founded in 2017 and headquartered in Albany, New York, with additional offices in Madrid and London, the company utilizes big data and machine learning to analyze the societal effects of investments and organizations. Its SaaS-based solution provides extensive coverage of social and environmental impact data, enabling asset managers to make informed decisions and allocate capital more efficiently. Clarity AI's platform aggregates multiple data sources to enhance the reliability of insights, supporting end-to-end sustainability analysis for various stakeholders, including investors and corporate entities. By equipping decision-makers with the necessary tools to understand and optimize their social and environmental impacts, Clarity AI aims to promote socially efficient capital allocation across the market.

Devo

Series A in 2017
Devo, Inc. is a cloud-native platform specializing in centralized log management and security analytics. The company offers a comprehensive enterprise log management solution that enables organizations to collect and analyze machine data from various sources, facilitating insights into applications, infrastructure, and business systems through real-time dashboards and alerts. Devo's product suite includes Devo Data Operations for data collection and management, Devo Service Operations for monitoring complex applications, and Devo Machine Learning Workbench for data science teams. These tools support various use cases, including threat detection, centralized log management, and monitoring in complex environments. Devo serves a diverse range of industries, including financial services, retail, telecommunications, and software as a service providers. Founded in 2011 and originally named Logtrust, the company is headquartered in Cambridge, Massachusetts, with an additional office in Madrid, Spain.

Mediasmart

Venture Round in 2015
Mediasmart is a Spanish company specializing in real-time optimization of mobile advertising for smartphones and tablets. Founded in January 2012, it was an early entrant into the mobile programmatic ecosystem, offering a proprietary technology platform that provides access to a vast global mobile inventory through over twenty-seven ad exchanges and supply-side platforms. The company's algorithms effectively manage large data sets, demonstrating their capability to deliver measurable results. Mediasmart's technology can handle more than 800,000 ad requests per second and is available for direct client use on a self-serve basis or through APIs, supporting both real-time bidding and programmatic direct buys. With offices in Madrid, London, and Paris, Mediasmart aims to enhance media investment and engagement across various mobile advertising formats.

CARTO

Series B in 2015
From smartphones to connected cars, location data is changing the way we live and the way business happens. CARTO is the platform that turns spatial data into more efficient delivery routes, better behavioral marketing, strategic store placements, and much more. Data Scientists, Developers, and Analysts solve spatial problems using CARTO’s data and analysis to understand where and why things happen, optimize business processes, and predict future outcomes through the power of Spatial Data Science. Backed by leading VC firms Accel Partners, Salesforce Ventures, Earlybird Ventures, and Kibo Ventures, CARTO is the world’s leading Location Intelligence platform. Founded in 2012 by an environmental scientist and visualization experts, CARTO is headquartered in New York City with offices in Madrid, Seville and Washington DC. CARTO has a team of 130 employees, a portfolio of 2,500 customers including BBVA, BCG, New York City, and Twitter and more than 350,000 users around the globe - and has regularly been recognized by Gartner and Forrester for its innovation in the Location Intelligence space.

Minube

Series A in 2015
Minube is an online travel platform that facilitates destination research and travel planning for users. Launched in 2007 and operated from Madrid, Spain, it allows travelers to read reviews from others, compare prices for hotels and flights, and share their personal travel experiences. The platform features information on over 180 countries and 15,000 cities, offering price comparisons across more than 45 websites. Users can filter their searches based on various categories, such as gastronomy, adventure, and culture. Additionally, Minube provides a mobile app for both iOS and Android devices, enabling travelers to create blogs and document their favorite destinations. This social travel platform aims to enhance the travel experience by combining planning tools with a community-driven approach.

CARTO

Series A in 2014
From smartphones to connected cars, location data is changing the way we live and the way business happens. CARTO is the platform that turns spatial data into more efficient delivery routes, better behavioral marketing, strategic store placements, and much more. Data Scientists, Developers, and Analysts solve spatial problems using CARTO’s data and analysis to understand where and why things happen, optimize business processes, and predict future outcomes through the power of Spatial Data Science. Backed by leading VC firms Accel Partners, Salesforce Ventures, Earlybird Ventures, and Kibo Ventures, CARTO is the world’s leading Location Intelligence platform. Founded in 2012 by an environmental scientist and visualization experts, CARTO is headquartered in New York City with offices in Madrid, Seville and Washington DC. CARTO has a team of 130 employees, a portfolio of 2,500 customers including BBVA, BCG, New York City, and Twitter and more than 350,000 users around the globe - and has regularly been recognized by Gartner and Forrester for its innovation in the Location Intelligence space.

Trip4real

Seed Round in 2014
Trip4real Experiences, S.L. operates an online community platform designed for travelers to discover and book activities throughout Europe. Founded in 2013 and based in Barcelona, Spain, with additional offices in Madrid, Sevilla, Valencia, and San Sebastián, the platform connects local residents with visitors seeking authentic experiences. Trip4real enables locals to offer personalized tours and activities, allowing travelers to explore cities through the eyes of those who live there. Users can engage in a variety of experiences, such as guided tours by street artists in London or cooking classes with professional chefs in Madrid. With a community of over 20,000 users, Trip4real emphasizes the importance of experiencing destinations in a more genuine and local way.

eShop Ventures

Series A in 2014
eShop Ventures is a Spanish group specializing in online retail, founded by Alfonso Merry del Val and Rafael Garrido. The company operates a portfolio of themed e-commerce websites, including MIMUB.com for housewares and decoration, EXPIRIT.es for gourmet products, and MAMUKY.com for children's fashion, among others. Since launching its first store in 2012, eShop Ventures has expanded its offerings to include a variety of products such as clothing, furniture, food, and wine. The company aims to provide high-quality and trendy products to women, children, and families, ensuring a diverse shopping experience. Through its various platforms, eShop Ventures engages in e-commerce initiatives that facilitate convenient home delivery, positioning itself as a comprehensive online retail provider.

Minube

Seed Round in 2013
Minube is an online travel platform that facilitates destination research and travel planning for users. Launched in 2007 and operated from Madrid, Spain, it allows travelers to read reviews from others, compare prices for hotels and flights, and share their personal travel experiences. The platform features information on over 180 countries and 15,000 cities, offering price comparisons across more than 45 websites. Users can filter their searches based on various categories, such as gastronomy, adventure, and culture. Additionally, Minube provides a mobile app for both iOS and Android devices, enabling travelers to create blogs and document their favorite destinations. This social travel platform aims to enhance the travel experience by combining planning tools with a community-driven approach.

Mediasmart

Angel Round in 2013
Mediasmart is a Spanish company specializing in real-time optimization of mobile advertising for smartphones and tablets. Founded in January 2012, it was an early entrant into the mobile programmatic ecosystem, offering a proprietary technology platform that provides access to a vast global mobile inventory through over twenty-seven ad exchanges and supply-side platforms. The company's algorithms effectively manage large data sets, demonstrating their capability to deliver measurable results. Mediasmart's technology can handle more than 800,000 ad requests per second and is available for direct client use on a self-serve basis or through APIs, supporting both real-time bidding and programmatic direct buys. With offices in Madrid, London, and Paris, Mediasmart aims to enhance media investment and engagement across various mobile advertising formats.

Mimub

Seed Round in 2013
Mimub is a private online sales club specializing in furniture and decoration accessories. The platform curates a selection of products that reflect the latest trends favored by top decorators and interior designers. By offering discounts of up to 50%, Mimub provides customers with an affordable way to access a diverse range of stylish household items. This e-commerce platform is designed to simplify the process of finding budget-friendly decoration solutions, catering to a variety of tastes and preferences.

Nonabox

Seed Round in 2013
Nonabox offers subscription packages with branded products related to the childcare and maternity industry. It offers a subscription model for mothers and their babies up to 24 months. It also operates an online store that enables customers to directly purchase all the products available in Nonaboxes. Nonabox was launched in by Gustavo Brusilovsky, Ramon Domenech, and Izanami Martinez in December 2011 and is operated from Madrid, Spain.

SmartyContent

Seed Round in 2012
SmartyContent, S.L. is a Spanish company specializing in multimedia aggregation and advertising services. Founded in 2010 and based in Las Rozas, the company has developed a multimedia player called ismarty, which can be integrated into websites, mobile devices, and smart TVs. SmartyContent offers a range of business solutions that include display, video, and audio advertising, as well as audiovisual production services for various products. Additionally, the company provides aggregation services that create communication channels for digital media, encompassing video, TV, radio, and interactive applications. Their multimedia ad server enables clients to manage statistics, track traffic and sales, and automate billing and payment processes, thus enhancing monetization opportunities for media publishers and content creators.

SuperTruper

Seed Round in 2012
SuperTruper S.L. is a technology company based in Madrid, Spain, specializing in mobile applications designed for price comparison and shopping list management. Its flagship application, Supertruper, enables users to scan barcodes to compare product prices and create personalized shopping lists. Additionally, the company operates TRUPE, an online community for users of the Supertruper app, fostering interaction and engagement among its user base. Through these offerings, SuperTruper aims to enhance the shopping experience by providing valuable tools for consumers to make informed purchasing decisions.

StopandWalk.com

Seed Round in 2012
StopandWalk is a deco and lifestyle e-commerce selling design and original products in Spain, France and Italy. They provide their customers with a unique product selection of design products for their home and their lives based on their specific selection criteria.

Blink Booking

Seed Round in 2012
Blink Booking is an app that helps travelers in Europe book hotels at the last minute by providing a daily selection of four hotels. It was founded in 2011 and is headquartered in Madrid, Spain.

Mediasmart

Pre Seed Round in 2012
Mediasmart is a Spanish company specializing in real-time optimization of mobile advertising for smartphones and tablets. Founded in January 2012, it was an early entrant into the mobile programmatic ecosystem, offering a proprietary technology platform that provides access to a vast global mobile inventory through over twenty-seven ad exchanges and supply-side platforms. The company's algorithms effectively manage large data sets, demonstrating their capability to deliver measurable results. Mediasmart's technology can handle more than 800,000 ad requests per second and is available for direct client use on a self-serve basis or through APIs, supporting both real-time bidding and programmatic direct buys. With offices in Madrid, London, and Paris, Mediasmart aims to enhance media investment and engagement across various mobile advertising formats.

KDPOF

Venture Round in 2011
KDPOF is a Spanish company located in Madrid whose mission is the development of technology for high capacity communications over Large Core Plastic Optical Fiber (POF), covering from the system definition to the digital integrated circuits design. Its POF communication technology combines key elements belonging to the state of the art of digital communications and information theory to provide an adaptive and efficient system able to work over a wide range of optoelectronics and cheap large core POF.
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