Madrid-based multi-stage VC with €70M Fund II investing across Spain, Portugal, and LatAm
Madrid-based multi-stage VC with €70M Fund II investing across Spain, Portugal, and LatAm
Key people at K Fund.
K Fund is a Madrid-based multi-stage venture capital firm managing a €70 million Fund II that invests across Spain, Portugal, and Latin America. Its mission centers on accelerating the growth of technology-driven startups by providing capital, strategic support, and access to a strong network of investors and mentors. K Fund focuses on sectors such as fintech, healthcare, software, hospitality tech, and AI-powered solutions, aiming to foster innovation and scale promising ventures in Southern Europe and LatAm. The firm plays a significant role in evolving the regional startup ecosystem by backing founders from Seed to Series B stages and helping them build differentiated, technology-based products[1][2][4][5].
Founded in 2016, K Fund was co-founded by Inaki Arrola and other key partners including Ignacio Larru and Jaime Novoa. The firm has evolved from early-stage investments to a broader multi-stage approach, now managing multiple funds with increasing capital commitments. Its origin story is rooted in promoting the Spanish and Southern European startup ecosystem, expanding its reach into Latin America to capitalize on emerging market opportunities. Early traction came from backing over 100 companies across diverse sectors, demonstrating its ability to identify and nurture high-potential startups[1][2][5].
K Fund rides the wave of digital transformation and AI adoption in Southern Europe and Latin America, regions with growing startup ecosystems but historically less venture capital penetration compared to the US or Western Europe. The timing is favorable due to increasing entrepreneurial activity, government support for innovation, and rising demand for technology solutions in finance, healthcare, and hospitality. By bridging capital and expertise across these geographies, K Fund influences the broader ecosystem by enabling startups to scale internationally and attract further investment[1][2][4][5].
Looking ahead, K Fund is poised to deepen its impact by continuing to invest in cutting-edge technology sectors such as autonomous AI agents, open-source LLM-powered applications, and fintech innovations. Trends like AI integration, digital healthcare, and hospitality tech optimization will shape their portfolio’s growth trajectory. As the firm expands its footprint in LatAm and Southern Europe, its influence on the startup ecosystem will likely grow, positioning K Fund as a key enabler of regional tech scale-ups with global ambitions[4][5]. This aligns with its founding mission to evolve the Spanish and broader Southern European startup landscape into a vibrant, innovation-driven economy.
Key people at K Fund.
