
Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Inversiones Cabiedes, S.L. is a Madrid-based investment organization linked to the Cabiedes family, focusing on seed and early-stage investments in internet and technology startups primarily in Spain. Founded to support innovative entrepreneurs, the firm operates through Cabiedes & Partners, managing multiple funds including Cabiedes & Partners III SCR, S.A. and Cabiedes & Partners IV SCR, S.A. The firm has a total fund size of approximately $30 million, emphasizing capital efficiency in its investment strategy.
Inversiones Cabiedes has established itself as a key player in the Spanish startup ecosystem, particularly in sectors such as fintech, travel, and consumer. The organization is known for its hands-off approach, allowing founders to maintain control over their businesses while providing disciplined follow-on investments. The firm has a notable track record, including successful exits such as Kantox, which was acquired by BNP Paribas in 2022.
With a commitment to supporting the growth of startups, Inversiones Cabiedes is well-positioned to capitalize on the burgeoning Spanish market. The firm’s focus on capital-efficient businesses aligns with its long-term investment strategy, making it an attractive partner for entrepreneurs seeking to scale their ventures.
Inversiones Cabiedes, S.L. specializes in seed and early-stage investments, primarily targeting internet and technology startups in Spain. The firm invests between $100,000 and $3 million per company, emphasizing capital efficiency and meaningful minority stakes without seeking control over the businesses. This approach allows founders to retain operational autonomy while benefiting from the firm’s financial backing.
The sectors of interest include fintech, travel, and consumer markets, reflecting the firm’s commitment to supporting innovative solutions in these areas. In addition to traditional venture capital, Inversiones Cabiedes is active in search funds and entrepreneurship-through-acquisition, which broadens its investment strategy. The firm seeks to partner with founders who demonstrate strong management capabilities and a clear vision for their businesses.
Inversiones Cabiedes values disciplined follow-on investments, ensuring that portfolio companies receive the necessary support as they scale. The firm’s investment thesis is centered around capital-efficient businesses, aligning with its long-term perspective on growth and sustainability.
Inversiones Cabiedes, S.L. has built a diverse portfolio of notable companies, reflecting its focus on seed-stage investments in the Spanish market. Key portfolio companies include:
Additional investments include:
This diverse portfolio showcases Inversiones Cabiedes’ commitment to supporting innovative startups across various sectors, particularly in the Spanish market.
José Martín Cabiedes - Founder, Partner, Managing Partner. José has extensive experience in venture capital and has been instrumental in establishing Inversiones Cabiedes. He is known for his strategic insights into the Spanish startup ecosystem.
Luis Martín Cabiedes - Founder, Partner. Luis has a strong background in investment management and has played a key role in the firm's operations and investment strategies.
Juan Moreno - Operations Manager. Juan oversees the operational aspects of the firm, ensuring that portfolio companies receive the necessary support and resources.
Inigo Barbed - General Partner, Cabiedes Capital. Inigo recently joined the team, enhancing the firm's capabilities in search fund investments and entrepreneurship-through-acquisition.
Inversiones Cabiedes, S.L. has been active in the venture capital space, particularly in 2025 and 2026. The firm reported significant activity in search funds, participating in over 235 search funds worldwide and completing 70 acquisitions. This reflects the firm's commitment to supporting entrepreneurship-through-acquisition.
In March 2026, it was noted that Cabiedes Capital celebrated 7 exits, showcasing the firm's successful investment strategy and ability to identify promising startups. Notable exits include Kantox, which was acquired by BNP Paribas in 2022, and other recent asset-sale exits from portfolio companies like We Are Knitters and Project Lobster.
What are Inversiones Cabiedes' investment criteria?
Inversiones Cabiedes focuses on seed and early-stage investments in internet and technology startups, particularly in Spain. The firm emphasizes capital efficiency and prefers to take meaningful minority stakes without controlling the companies.
How can founders pitch to Inversiones Cabiedes?
Founders interested in pitching to Inversiones Cabiedes should prepare a detailed business plan that outlines their vision, market opportunity, and financial projections. While specific application processes are not publicly detailed, reaching out through professional networks or direct contact is advisable.
What makes Inversiones Cabiedes different from other VCs?
The firm is known for its hands-off support model, allowing founders to manage their businesses effectively while providing disciplined follow-on investments. This approach contrasts with more hands-on venture capital firms that may seek greater control over operations.
What is the geographic focus of Inversiones Cabiedes?
Inversiones Cabiedes primarily invests in Spain, particularly in cities like Madrid, Barcelona, and Valencia. The firm also engages in global search fund activities, expanding its reach beyond the Spanish market.
What is the typical check size for investments?
The firm invests between $100,000 and $3 million in seed-stage companies, aligning its financial support with the needs of early-stage startups.
What kind of post-investment involvement can founders expect?
Inversiones Cabiedes provides hands-off support, allowing founders to maintain control over their businesses. The firm emphasizes disciplined follow-on investments to ensure that portfolio companies receive the necessary resources as they grow.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.