HomeFundingKfund secures €70 million for sixth fund to double-down in Southern Europe...

Kfund secures €70 million for sixth fund to double-down in Southern Europe high impact-startups

Kfund, a multi-stage family of funds supporting entrepreneurs across Southern Europe and Latam, has successfully secured commitments exceeding €70 million for its sixth fund, accomplishing this milestone in record time amidst an increasingly complex international landscape for financing technology projects. 

The introduction of this new fund enables Kfund to intensify its support for high-impact projects in southern Europe. K3 is designed to build on the successful path established by its predecessors, K1 and K2, which have, over the past eight years, backed many of the most significant technological initiatives in Spain. During this period, the Kfund team has identified and supported top Spanish founders from their earliest ideas and prototypes to their evolution into high-growth companies and scaleups.

K3 marks the sixth fund for Kfund, continuing a journey that began with K1 in 2016. Since then, Kfund has evolved into a family of funds with various vehicles, supporting the most ambitious entrepreneurs at every stage of their projects—from initial concepts to the establishment of globally impactful multinationals. Kfund’s range of vehicles provides entrepreneurs with funding from €100k to €10 million, making it the only fund manager in the region capable of supporting projects from pre-seed to Series A stages.

Iñaki Arrola, General Partner of Kfund, emphasized the significance of launching this new fund: “The launch of this fund allows us to continue deepening the journey we began in 2016. Our mission remains unchanged: to provide the support we wished we had when we started our ventures to those aiming to create impactful companies. The swift market support we have received for this fund is a testament to the trust Spain’s top entrepreneurs have placed in us over the past eight years. Our success is their success.”

According to the Kfund team, the fund remains committed to the vision that inspired the creation of the firm: the belief that technologies such as Artificial Intelligence, Data Analytics, Edge Computing, 5G connectivity, Blockchain, and Cloud Services will profoundly redefine industries and chart a new course for our planet.

With this vision, Kfund sees immense opportunities within the technological ecosystem of southern Europe, an area where nearly all of the fund manager’s investments are concentrated. They are convinced that funds supporting founders with close proximity and deep understanding of their specific growth challenges can significantly foster job creation and local wealth generation.

Over the years, Kfund has co-invested with some of the most prestigious international funds, including Creandum, Atomico, a16z, Goldman Sachs, Softbank, CRV, Bitkraft, and others. This collaboration underscores the thriving interaction between disruptive technologies and traditionally conservative sectors. The launch of the new fund further supports the thesis that significant opportunities exist in enhancing efficiencies and fostering new avenues for human-machine collaboration.

Stefano De Marzo
Stefano De Marzo
Stefano De Marzo is the Head of News at EU-Startups. He has been extensively covering startups, venture capital and innovation ecosystems, including contributions to numerous publications such as Sifted, Entrepreneur and Forbes. Through his work as an editor and writer, he continues to shape the narrative surrounding the best stories of the tech world.

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