Aldea Ventures creates hybrid fund of funds to support European tech startups and micro VCs

by Startacus Admin
Aldea Ventures Announces First Close as it Targets €100M Fund to Back the Best Micro VCs and Future Champions of European Tech
Fantastic news from Aldea Ventures which has just announced a €60M first close of a target €100M first fund to invest in 700 technology-enabled startups across Europe. The firm takes a hybrid approach. Firstly, as a fund of funds Aldea invests in up to 20 early-stage micro VC funds across Europe and secondly, as a co-investment platform, the company will back the most promising startups from Series A upwards.
The Pan-European fund’s vision is to invest in cutting-edge technologies and industries, and support growth across Europe, connecting VC talent and startup ecosystems across entrepreneurial hubs. The diverse portfolio will also provide the firm with deep knowledge and insights across the European tech landscape.
Aldea Ventures is led by Managing Partners Carlos Trenchs, formerly at Caixa Capital Risc, the largest seed fund in South Europe; Alfonso Bassols, previously at Nauta Capital, investing in early-stage across Europe and US East Coast; Josep Duran, who invested in VC funds across the EU and Israel from the European Investment Fund; and Gonzalo Rodés brings his 30 years of entrepreneurial experience to the team as Chairman. The company is partnering with Meridia Capital, a leading Spanish alternative investment fund manager.
Carlos Trenchs, Managing Partner of Aldea Ventures, said, “We believe Europe will continue to grow in influence and play an integral part in the next decade of technology. The future tech champions are being developed today. Europe is a global powerhouse in deep technology and we have a rapidly growing number of serial entrepreneurs. Our dual model as a fund of funds and co-investor into scaleups is the first of its kind in Europe. Seen only in Silicon Valley until today, we’re putting this model to work to fuel the next generation of growth across the European ecosystem.”
Aldea Ventures will be present in over 18 hubs around Europe via its fund of funds programme. The firm has already made investments into six micro VCs; Air Street Capital and Moonfire in London; Helloworld in Luxembourg; Inventures in Munich; Mustard Seed Maze in Lisbon; and Nina Capital in Barcelona.
For co-investment opportunities, the company proactively identifies the best-performing companies from its micro VC network and personal networks and has already invested in London-based Job and Talent and most recently, Copenhagen-based Podimo’s Series A with this strategy.
We look forward to seeing the impact this will undoubtedly have across the European tech ecosystem!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
The lowdown on Manchester-based startup Sticky and its innovative no-code solution to help businesses turn any physical space into an engagement opportunity.

Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.

Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.

The group payments solution that's better for businesses and customers alike, thanks to innovative fintech startup Hands In.

The lowdown on FuturePlus, the startup that's on a mission to make sustainability accessible, achievable and affordable for all businesses.

John McLachlan, author and co-founder of Monkey Puzzle Training & Consultancy examines the differences between action-oriented and reflective leaders and which approach is best.

The fitness app that's not just about physical fitness; GoJoe helps employers to engage, motivate and connect their people across all pillars of wellbeing.

Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.

Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.

London-based startup Deep Render tackles the internet’s data and bandwidth challenges via its innovative AI-powered file compression technology.
Published on: 22nd March 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- Startup Sook Receives Investment from Tobin Capital 24th May 2023 Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.
- L Marks Seeking Startups and Scaleups for Sodexo Healthcare and Seniors Accelerator 23rd May 2023 Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.
- United Utilities Innovation Lab launches call-out for innovative ideas for fifth programme 18th May 2023 Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.
- OneTech Spins Out from Capital Enterprise to Support Underserved Communities in Tech Across the UK 18th May 2023 Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.