Mundi Ventures

Mundi Ventures, founded in 2015 and headquartered in Madrid, Spain, is a venture capital firm managing three funds totaling over €170 million. The first two funds are vertical agnostic, focusing on B2B deep-tech investments, with funding amounts ranging from €1 million to €5 million per deal. The third fund specializes in InsurTech, concentrating on European startups and investing between €1 million and €7 million in Series A, B, and C funding rounds. Mundi Ventures invests across various sectors, including financial services, healthcare, information technology, cybersecurity, big data, artificial intelligence, and machine learning. The firm maintains an operational presence in Barcelona, London, and Seattle, and enhances its portfolio companies' growth by leveraging a global network known as the "Mundi Club," which consists of nearly 700 executives across more than 40 cities worldwide.

Faisal Al-Hussein

Associate

Rafaela Andrade

Investment Director

Alberto Bleda-Merino

Partner

Rubén Domínguez

Analyst

Carlota Feiner

Associate

Yoko Kojima

Associate / Head of ESG

Alejandra Maortua

Principal / Head of Investments

Rajeev Singh-Molares

General Partner

Uyiosa Oigiagbe

Investment Associate

Daniel Peñaloza

Investor

Moisés Sanchez

Partner

Rajeev Singh-Molares

Founder and Managing Partner

Javier Sánchez

Associate

Lluís Viñas Fernández

Investment Associate

Javier Ruiz de Azcárate Varela

Investor

Past deals in Spain

Barkibu

Venture Round in 2023
Barkibu S.L., founded in 2014 and based in A Coruña, Spain, specializes in providing digital health services for pets through a mobile application that facilitates online veterinary consultations. The platform allows pet owners to connect with professional veterinarians, enabling them to ask questions, book appointments, and conduct check-ups via video conferencing. By combining artificial intelligence technology with veterinary expertise, Barkibu aims to meet the animal care needs of pet owners remotely, offering a convenient and accessible solution for pet health management.

Opscura

Series A in 2023
Opscura, formerly known as Enigmedia S.L., specializes in technological solutions for real-time information encryption. The company offers the Enigmedia App, which allows for the secure encryption of audio and video calls across multiple devices, and the Enigmedia Box, a comprehensive kit designed for secure high-definition videoconferencing. Opscura's technology enhances video conferencing by improving transmission efficiency and significantly reducing bandwidth consumption, achieving 95 percent more efficient encryption solutions. The company primarily serves sectors such as government, security forces, and private clinics in telemedicine, with a customer base that includes clients in the United States, Colombia, Ecuador, Peru, and Saudi Arabia. Founded in 2011, Opscura is headquartered in San Sebastián, Spain.

Galgus

Seed Round in 2022
Galgus is a company highly specialized in research and development of wireless optimization software to reduce interference and improve throughput especially in environments with high density of users (IoT included) and WiFi networks. Our WiFi optimization software is called Cognitive Hotspot Technology (CHT) and converts regular WiFi routers in cognitive intelligent WiFi routers that can cooperate with neighboring routers to jointly optimize WiFi performance in real-time applying machine learning and distributed intelligence techniques. As a result, performance of WiFi networks can be increase by up to 5 times, while also reducing interference levels and power consumption by 40%. Our company has a team of 34 people, 27 of which are telecom engineers and 3 PhDs in telecommunications. We have self-funded our growth, growing from 2 founders to a team of 34 people in than 4 years, with an accumulated revenue of 2.4M€ (approx. 2.63 MUSD). CHT is a proven technology in vertical markets such as commercial aviation, hotels, convention centers, museums, cruise ships, buses, etc. The next big vertical market is the residential market.

Lang.ai

Series A in 2022
Lang.ai is a language processing platform founded in 2012 and headquartered in Madrid, Spain, with additional offices in the United States and Mexico. The company specializes in automating workflows involving unstructured text, utilizing advanced artificial intelligence techniques such as intent customization and real-time self-supervised classification. Its software is particularly effective for analyzing customer feedback, including surveys, emails, and chat interactions, enabling businesses to enhance customer experience and streamline operations. Lang.ai serves a diverse range of enterprise clients across Europe, America, and Asia, including major organizations such as Santander and Vodafone. The platform is designed for easy installation and cost optimization, making it a valuable tool for businesses looking to improve efficiency in handling text-based data.

Job&talent

Series E in 2021
Job&Talent operates as an on-demand staffing marketplace designed to enhance the flexibility and transparency of the labor market. The platform addresses the growing demand from companies for adaptable hiring solutions while simultaneously working to reduce global unemployment. As the labor market shifts towards greater flexibility, workers often find themselves in precarious employment situations. Job&Talent offers a Workforce as a Service (WaaS) model that aims to create a mutually beneficial environment for both employers and employees. The company has established a presence in several countries, including the UK, Spain, Germany, Sweden, Mexico, and Colombia, with plans for expansion into France and Italy.

Spotahome

Venture Round in 2021
Spotahome, S.L. is an online platform that facilitates the direct booking of mid to long-term accommodation for individuals moving abroad, particularly focusing on expats, students, and professionals. Based in Madrid, Spain, the company offers a range of personally verified properties across major cities in Spain, Italy, France, Belgium, Ireland, and the UK, including options such as rooms, apartments, and student dorms. The platform features comprehensive property descriptions, high-quality photographs, HD video tours, and floor plans, allowing tenants to make informed decisions without needing to conduct in-person viewings. Spotahome aims to streamline the rental process for both tenants and landlords, enhancing accessibility and efficiency in securing accommodations.

Consentio

Venture Round in 2021
Consentio SL operates an online platform tailored to the fruit and vegetable industries, enhancing trading processes by facilitating communication among various stakeholders, including producers, cooperatives, wholesalers, and supermarkets. Founded in 2002 and based in Madrid, Spain, the company provides a marketplace that improves ordering efficiency, transparency, and real-time price updates, ultimately reducing food waste. Its B2B platform streamlines operations and supports seamless interactions, allowing food retailers and suppliers to optimize procurement and commercial activities. By fostering better connections within the supply chain, Consentio aims to enhance overall operational effectiveness while promoting environmental and social governance compliance.

Agentero

Series A in 2021
Agentero Inc. develops an online application to manage insurance policies for insurance agency. It provides agents to monitor new business and existing clients, cross-sell, and up-sell insurance policies. The company’s application offers policyholders to manage insurance policies. It also offers suite of client interaction tools. Agentero Inc. was incorporated in 2017 and is based in Oakland, California with additional offices in Nashville, Tennessee; and Madrid, Spain.

Asistensi

Series A in 2021
Asistensi is a provider of insurance and medical assistance services specifically designed to support migrants facing health emergencies affecting their families in their countries of origin. The company offers a digital platform that delivers immediate medical attention and facilitates access to insurance for various emergencies, ensuring that migrants can protect their loved ones without financial strain. By prioritizing health as a cornerstone of prosperity, Asistensi aims to address the unique challenges faced by emigrants, allowing them to contribute to the well-being of their families while navigating health-related issues.

Barkibu

Venture Round in 2021
Barkibu S.L., founded in 2014 and based in A Coruña, Spain, specializes in providing digital health services for pets through a mobile application that facilitates online veterinary consultations. The platform allows pet owners to connect with professional veterinarians, enabling them to ask questions, book appointments, and conduct check-ups via video conferencing. By combining artificial intelligence technology with veterinary expertise, Barkibu aims to meet the animal care needs of pet owners remotely, offering a convenient and accessible solution for pet health management.

Sherpa.ai

Series A in 2021
Sherpa.ai, founded in 2012 and headquartered in Erandio, Spain, with an additional office in Redwood City, California, specializes in conversational and predictive artificial intelligence. The company has developed a platform that enables the integration of advanced AI capabilities into various consumer products, transforming them into smart devices. Sherpa.ai focuses on creating white-label digital assistants for manufacturers in sectors such as automotive, consumer electronics, and home appliances, allowing these companies to enhance their offerings with intelligent features and explore new business models centered on digital services. The company's technology includes a smartphone and tablet application, which has been preinstalled on Samsung devices since 2016 and is also available for download on Android and iOS platforms. Additionally, Sherpa.ai has collaborated with Porsche to provide AI solutions for automotive applications.

Koa Health

Series A in 2021
Koa Health B.V. is a company founded in 2018, headquartered in Amsterdam, with additional offices in Barcelona, the United States, and the United Kingdom. The company specializes in developing digital wellbeing and therapeutic solutions that focus on mental health support for employees. Koa Health's flagship application, koa foundation, provides organizations with tools to enhance their employees' mental well-being. The company integrates the latest clinical research with innovative technologies to offer accessible, personalized, and effective mental health resources. These resources encompass prevention, prediction, and treatment, addressing a wide range of mental health conditions.

Twinco Capital

Series B in 2021
Twinco Capital offers financial services and solutions to the supply chain industry. The company provides suppliers, both large and small, with access to affordable funding and helps buyers build a competitive and socially responsible supply chain. The company was founded in 2016 and is based in Alcobendas, Spain.

Asistensi

Seed Round in 2020
Asistensi is a provider of insurance and medical assistance services specifically designed to support migrants facing health emergencies affecting their families in their countries of origin. The company offers a digital platform that delivers immediate medical attention and facilitates access to insurance for various emergencies, ensuring that migrants can protect their loved ones without financial strain. By prioritizing health as a cornerstone of prosperity, Asistensi aims to address the unique challenges faced by emigrants, allowing them to contribute to the well-being of their families while navigating health-related issues.

Jeff

Series B in 2020
Mr Jeff Labs, S.L., founded in 2015 by Eloi Gómez, Adrián Lorenzo, and Rubén Muñoz in Valencia, Spain, offers a mobile application that initially focused on home laundry and dry-cleaning services. The company has since expanded its offerings to include a variety of everyday services such as hairdressing, beauty treatments, fitness, and massages, establishing itself as an international omnichannel ecosystem for day-to-day needs. Mr Jeff also provides opportunities for individuals to invest in or start their own businesses under the Jeff brand, facilitating entrepreneurship in the service sector.

Galgus

Series A in 2020
Galgus is a company highly specialized in research and development of wireless optimization software to reduce interference and improve throughput especially in environments with high density of users (IoT included) and WiFi networks. Our WiFi optimization software is called Cognitive Hotspot Technology (CHT) and converts regular WiFi routers in cognitive intelligent WiFi routers that can cooperate with neighboring routers to jointly optimize WiFi performance in real-time applying machine learning and distributed intelligence techniques. As a result, performance of WiFi networks can be increase by up to 5 times, while also reducing interference levels and power consumption by 40%. Our company has a team of 34 people, 27 of which are telecom engineers and 3 PhDs in telecommunications. We have self-funded our growth, growing from 2 founders to a team of 34 people in than 4 years, with an accumulated revenue of 2.4M€ (approx. 2.63 MUSD). CHT is a proven technology in vertical markets such as commercial aviation, hotels, convention centers, museums, cruise ships, buses, etc. The next big vertical market is the residential market.

BizAway

Venture Round in 2020
BizAway S.r.l. is a company based in Barcelona, Spain, that specializes in designing and developing business travel management software. Founded in 2015, BizAway provides a comprehensive platform that enables users to book, manage, and oversee their business travel needs efficiently. The solution is tailored for corporate and business users, streamlining the entire travel process from booking to administration.

Clarity AI

Venture Round in 2020
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.

Submer

Series A in 2020
Submer Technologies SL designs, produces, and markets liquid immersion liquid cooling solutions for data centers, hyperscalers, and HPC. It offers SmartPod, a liquid immersion cooling solution for data centers, Edge, AI, deep learning, and blockchain applications. Submer Technologies SL was founded in 2015 and is based in Barcelona, Spain.

Agentero

Convertible Note in 2020
Agentero Inc. develops an online application to manage insurance policies for insurance agency. It provides agents to monitor new business and existing clients, cross-sell, and up-sell insurance policies. The company’s application offers policyholders to manage insurance policies. It also offers suite of client interaction tools. Agentero Inc. was incorporated in 2017 and is based in Oakland, California with additional offices in Nashville, Tennessee; and Madrid, Spain.

Citibox

Convertible Note in 2020
Citibox is the software platform that automatically connects all couriers with online shoppers, allowing all parcels to be delivered conveniently and efficiently in low cost smart parcel boxes inside residential buildings, with no need for the receiver to be at home. Couriers benefit from a boost in productivity while online shoppers are able to safely receive their parcels in their building and to pick them up at their convenience. The company was founded by David Bernabeu, a serial entrepreneur, and has received support of top tier accelerators, business angels and VCs of the Spanish startup ecosystem.

BizAway

Venture Round in 2020
BizAway S.r.l. is a company based in Barcelona, Spain, that specializes in designing and developing business travel management software. Founded in 2015, BizAway provides a comprehensive platform that enables users to book, manage, and oversee their business travel needs efficiently. The solution is tailored for corporate and business users, streamlining the entire travel process from booking to administration.

WITRAC

Seed Round in 2019
WiTraC Comunicaciones Inteligentes, S.L. specializes in wireless location, control, and tracking solutions for various sectors, including automotive, logistics, rail, and aeronautics. Established in 2012 and headquartered in Valencia, Spain, the company offers Real-Time Location Systems (RTLS) and Industry 4.0 technologies designed to enhance industrial and logistical operations. WiTraC's platform enables real-time tracking and management of assets, allowing users to identify, locate, and control items wirelessly. By integrating Internet of Things (IoT), artificial intelligence (AI), and 5G technologies, WiTraC provides valuable insights that help optimize supply chains and improve operational efficiency.

Datumize

Series A in 2019
Datumize is a software technology company that develops tools for capturing dark data found in enterprises. It provides solutions in sectors such as logistics, retail, tourism, and industry by transforming dark data into profitable business results, although its technology could be included in any system. The company is dedicated to revolutionizing the way companies understand their customer demand and their day-to-day operations, by acquiring and managing hidden data that provides insights to boost sales and improve operational efficiencies. The company was founded in 2014 and is headquartered in Castelldefels, Barcelona.

Returnly

Series A in 2019
Returnly Technologies, Inc. provides a subscription-based service designed to streamline the product returns process for online shoppers. Founded in 2011 and headquartered in San Francisco, with additional offices in Chicago and Madrid, the company offers a software as a service tool that enables shoppers to return items directly through the retailer's platform. Returnly allows customers to use return credit for new purchases before sending back the original items, thus mitigating product risk for retailers. The company's solutions also include international returns management and various tools for large-scale retailers, aiming to enhance the online shopping experience by reducing friction associated with returns.

Sherpa.ai

Series A in 2019
Sherpa.ai, founded in 2012 and headquartered in Erandio, Spain, with an additional office in Redwood City, California, specializes in conversational and predictive artificial intelligence. The company has developed a platform that enables the integration of advanced AI capabilities into various consumer products, transforming them into smart devices. Sherpa.ai focuses on creating white-label digital assistants for manufacturers in sectors such as automotive, consumer electronics, and home appliances, allowing these companies to enhance their offerings with intelligent features and explore new business models centered on digital services. The company's technology includes a smartphone and tablet application, which has been preinstalled on Samsung devices since 2016 and is also available for download on Android and iOS platforms. Additionally, Sherpa.ai has collaborated with Porsche to provide AI solutions for automotive applications.

BizAway

Seed Round in 2018
BizAway S.r.l. is a company based in Barcelona, Spain, that specializes in designing and developing business travel management software. Founded in 2015, BizAway provides a comprehensive platform that enables users to book, manage, and oversee their business travel needs efficiently. The solution is tailored for corporate and business users, streamlining the entire travel process from booking to administration.

Submer

Seed Round in 2018
Submer Technologies SL designs, produces, and markets liquid immersion liquid cooling solutions for data centers, hyperscalers, and HPC. It offers SmartPod, a liquid immersion cooling solution for data centers, Edge, AI, deep learning, and blockchain applications. Submer Technologies SL was founded in 2015 and is based in Barcelona, Spain.

Geoblink

Series A in 2018
Geoblink SL provides SaaS based geospatial business-intelligence platform that offers location analytic solutions. Its platform enables to visualize ready-to-use and up-to-date data; explore and understand locations; create custom dashboards and reports; and others. Geoblink SL was founded in 2015 and is headquartered in Madrid, Spain.

Opscura

Seed Round in 2017
Opscura, formerly known as Enigmedia S.L., specializes in technological solutions for real-time information encryption. The company offers the Enigmedia App, which allows for the secure encryption of audio and video calls across multiple devices, and the Enigmedia Box, a comprehensive kit designed for secure high-definition videoconferencing. Opscura's technology enhances video conferencing by improving transmission efficiency and significantly reducing bandwidth consumption, achieving 95 percent more efficient encryption solutions. The company primarily serves sectors such as government, security forces, and private clinics in telemedicine, with a customer base that includes clients in the United States, Colombia, Ecuador, Peru, and Saudi Arabia. Founded in 2011, Opscura is headquartered in San Sebastián, Spain.

Returnly

Seed Round in 2016
Returnly Technologies, Inc. provides a subscription-based service designed to streamline the product returns process for online shoppers. Founded in 2011 and headquartered in San Francisco, with additional offices in Chicago and Madrid, the company offers a software as a service tool that enables shoppers to return items directly through the retailer's platform. Returnly allows customers to use return credit for new purchases before sending back the original items, thus mitigating product risk for retailers. The company's solutions also include international returns management and various tools for large-scale retailers, aiming to enhance the online shopping experience by reducing friction associated with returns.

Opscura

Venture Round in 2016
Opscura, formerly known as Enigmedia S.L., specializes in technological solutions for real-time information encryption. The company offers the Enigmedia App, which allows for the secure encryption of audio and video calls across multiple devices, and the Enigmedia Box, a comprehensive kit designed for secure high-definition videoconferencing. Opscura's technology enhances video conferencing by improving transmission efficiency and significantly reducing bandwidth consumption, achieving 95 percent more efficient encryption solutions. The company primarily serves sectors such as government, security forces, and private clinics in telemedicine, with a customer base that includes clients in the United States, Colombia, Ecuador, Peru, and Saudi Arabia. Founded in 2011, Opscura is headquartered in San Sebastián, Spain.

BidAway

Venture Round in 2016
BidAway.com's unique bidding model brings great deals to customers through their exclusive partnerships with best-in-class hotels and entertainment providers, thereby creating an efficient marketplace for unsold items. BidAway optimizes the utilization rates of its partners with the advantage that every package posted on the website is conveniently sold once it goes online. BidAway offers a wide range of travel and activity packages for which customers set their own price in a transparent auction process.

Sherpa.ai

Series A in 2016
Sherpa.ai, founded in 2012 and headquartered in Erandio, Spain, with an additional office in Redwood City, California, specializes in conversational and predictive artificial intelligence. The company has developed a platform that enables the integration of advanced AI capabilities into various consumer products, transforming them into smart devices. Sherpa.ai focuses on creating white-label digital assistants for manufacturers in sectors such as automotive, consumer electronics, and home appliances, allowing these companies to enhance their offerings with intelligent features and explore new business models centered on digital services. The company's technology includes a smartphone and tablet application, which has been preinstalled on Samsung devices since 2016 and is also available for download on Android and iOS platforms. Additionally, Sherpa.ai has collaborated with Porsche to provide AI solutions for automotive applications.

Fairtime

Seed Round in 2016
Fairtime, S.L., established in 2014 and based in Madrid, Spain, develops a mobile application that facilitates a unique time exchange platform. This application allows users to sell their time to preferred brands or donate it to selected non-profit organizations. Additionally, it provides opportunities for publishers and developers to create and share content within the platform. Through this innovative approach, Fairtime aims to redefine the value of time and enhance user engagement with brands and charitable causes.
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