Mutua Ventures is a corporate venture arm of Mutua Madrileña. Through this fund, the insurer channels direct investments into startups that have a strategic fit and reinforce the diversification and growth of the group. The insurer makes direct investments both in seed capital (newly created companies or early investments in business ideas) and in more advanced phases (capital rounds that allow start-ups to grow and continue developing their business ideas). In addition to the 30 million euros that the project will have, the vehicle includes investments in companies such as Movo, Singular Cover, Ubikare and Antai that the company has made to date. There are no plans to allow third-party investors into this fund.