Silicon Canals
TRENDING
  • Mobility
  • AI
  • FinTech
  • Software & SaaS
No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
No Result
View All Result
Silicon Canals
No Result
View All Result

Spain’s All Iron Ventures closes its €66.5M first fund to invest in Europe and the Americas

Editorial team by Editorial team
November 5, 2020
in (Crowd)funding, News, Venture Capital
0
fund
20
SHARES
LinkedInTwitterWhatsAppFacebook

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.

 - Partner content -
Cost of software - The Software house
The cost of building software
Marek Gajda, CTO of The Software House, shares his insights on building high-quality...Show More
Marek Gajda, CTO of The Software House, shares his insights on building high-quality software. Show Less
Read more

According to the VC firm, unlike other first launches in Spain and in Europe, AIV’s first fund has been completely raised from private investors. AIV has sought no public support from any Spanish or European institutions. 

All Iron Ventures I has attracted the interest of nearly 150 investors including Spanish tech entrepreneurs such as Iñaki Ecenarro (founder of Trovit – sold to Next in 2014 for nearly €80M  – and Lernin Games), Salvador García (co-founder and CEO of ebury, in which Banco Santander has recently acquired a 50.1% stake following a €400M investment), and Jose Poza (founder of Ibercom). 

All Iron Group

AIV is part of the broader All Iron Group, which includes All Iron RE I, a real estate holding company (socimi, a REIT equivalent) listed in the Spanish alternative stock exchange (BME Growth) since September. It has assets valued at more than €70M euros, bringing the group’s investment firepower to nearly €200M.

All Iron Group was founded by Jon Uriarte and Ander Michelena. In 2009 they founded Ticketbis,  a secondary ticketing marketplace that they eventually sold to eBay in 2016 for more than €165M- one of the prominent success stories in the Spanish startup ecosystem. 

AIV’s day-to-day operations are managed by co-directors Hugo Fernández-Mardomingo and Diego Recondo. Founded in 2017, AIV has its headquarters in Bilbao, with an office in Madrid and a permanent presence in Barcelona through its venture partner Ecenarro. 

Investment strategy 

According to AIV, it leads or co-invests in initial rounds, mainly in series A and pre-A, yet with the flexibility to also invest earlier. Typically, its Initial tickets are of up to €2M. It also has the capacity to support portfolio companies in follow-on rounds.

The VC firm’s investment decisions are largely based on capital efficiency and a clear path to profitability. Its current portfolio includes Spanish startups (Jeff, Lookiero, Lingokids, Spotahome or Seedtag, among others), and several other companies in Europe and the Americas such as Barkyn (Portugal), Preply (Ukraine), Refurbed (Austria), Paul Camper (Germany), Kodit (Finland), Rebag (USA), and Zenklub (Brazil).  

To date, it has also co-invested with multiple American and European international VCs including Atomico, A16z, General Catalyst, Hoxton, Holtzbrinck, Point Nine, FJ  Labs, MMC; Speedinvest, Kleiner Perkins, Local Globe, and Seedcamp.

Image Credits: All Iron Ventures

close

Want to stay on top of the latest rounds, coolest tech and hottest startups?

Subscribe to our free, daily news blast and stay up-to-date!

Check your inbox or spam folder to confirm your subscription.

 - Partner content -
Nebula CTO Andre Witte
Cloud spend management 😱
Tracking cloud spend can be tricky. Learn from Nebula's CTO Andre Witte how to keep the...Show More
Tracking cloud spend can be tricky. Learn from Nebula's CTO Andre Witte how to keep the costs at bay in 2021. Show Less
Read more
Tags: newsSpainVCventure capital
Share1Tweet5SendShare8

Featured events

07apr10:0012:30FeaturedWorkshop: pr for startupsHow to grow your startup with the help of public relations

Partner content | Work with us

The Humblebrag launches online course to help emerging leaders amplify their visibility and voice

Blue Tulip Awards announce 5 finalists in the Food & Water and Education & Employment theme

Impact media foundation 5 Media offers grants up to €100,000 per year to drive a sustainable future

Here’s how cryptocurrency will take over the world

Blue Tulip Awards is driven by purpose: why innovation and equality go hand in hand

Breaking news from Amsterdam | Partner

Amsterdam-based Founda Health raises €12.3M to build infrastructure for global healthcare sector; here’s how

Combining financial with human capital in Amsterdam: Volta, LevelUp and Tech Rise on their approach

Here’s why Just Eat Takeaway is expanding its offices in Amsterdam

Amsterdam-based Veylinx uses Nobel Prize-winning approach to solve the problem of unreliable survey data; raises €1.6M

  • About Silicon Canals
  • Partner with Silicon Canals
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy policy
  • Terms & Conditions Silicon Canals

Silicon Canals 2014-2020 | Website: Bright Idiots

No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdam
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact

Silicon Canals 2014-2020 | Website: Bright Idiots

X

This website uses cookies to ensure the best possible experience. We may share this information with our advertising and analytics partners. By clicking 'Accept', you agree to our use of cookies and similar technologies. More info