According to TTR's monthly report, the capital mobilised by private equity in Spain has increased by 101% in August compared to the same month of the previous year. In addition, the number of transactions increased to 13, compared to 11 in August 2014. By sector, the most active sectors in August were real estate, with 23 deals, technology, with 11, and the internet and health, hygiene and aesthetics sectors, both with 5 deals. New equity funds have recently been created in the real estate and technology sectors that we would like to share with you.
Opening Pathways: Venture Capital Investment in the ICT and Real Estate Sector
Lean Investment launches ICT debt fund
Lean InvestmentThe Barcelona-based company was created to invest between €25,000 and €100,000 in technology-based companies, especially in software, taking a minority stake.
The differentiating element of this new fund is that its investments will be channelled through venture debt.
Además el vehículo busca ir más allá, dando apoyo a los emprendedores a través de la mentorización. «Estamos a medio camino entre el crowdfunding y las redes de business angels», afirma Font, uno de los socios fundadores de Lean Investment.
In its first year of life, Lean Investment has proposed to invest between eight and ten start-ups, both in Spain and abroad.
New European ICT fund: Lakestar II
Lakestar enters the European market strong with a new €350M venture capital, Lakestar II, making it one of the largest in Europe.
The fund will conduct seed and series A rounds and will be open to a wide range of sectors within the world of ICT.
"Lakestar thus joins other European funds such as Accel Partners, Atomico e Index Ventures that are proving very successful. Accel has already announced a new $475 million fund for Europe and Israel, while Atomico has raised $476 million," says Diego Gutierrez of Abra-Invest.
Today, thanks to the entrepreneurial ecosystem in Europe, there are several market-leading technology companies. In addition, there are changes in the way the most promising startups access funding. Whereas a few years ago, the means to grow was to go public or go public, nowadays the biggest players are seeking private funding at the later stages of their development, providing opportunities for investments with strong returns.
Meridia III, new real estate fund
Meridia CapitalJavier Faus' fund, is preparing Meridia III, its third real estate investment fund, which will be launched in autumn and will be the largest real estate fund in Spain, with up to €600M.
The former Barça vice-president's fund will be set up with €250m and investors will be able to contribute up to €600m, which the group will have at its disposal as it makes investments and requires them.
Meridia Capital has specialised in investing in commercial premises and offices, in some cases for conversion into hotels. The most important was in March, when it closed the purchase of 11 buildings of General Electric's real estate portfolio in Barcelona and Madrid. The transaction cost €100 million.
If you are looking for financing, both public and private, please contact us. Abra-Invest has a team of experts in alternative financing at your disposal.