Based in Bilbao, Spain, All Iron Ventures (AIV) is an investment vehicle that predominantly invests in startups with marketplace, subscription, and e-commerce business models. In a recent development, AIV has closed its first fund, All Iron Ventures I.
A private affair
AIV claims that this fund is one of the largest “first” venture capital funds raised in Spain, totaling commitments worth €66.5M. In addition, the capital committed by the founding partners of the All Iron Group and other investors brings AIV’s total investment capacity to around €110M.