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Mondragon Corporation is a leading cooperative business group, structured as a diversified network of independent cooperatives across industry, finance, retail, and knowledge sectors. Operating globally, its foundational corporate values of cooperation and participation guide its strategic approach to business development and commitment to social impact.
The corporation's genesis dates to 1956, with the first industrial cooperative established in Mondragón, Spain. This endeavor was inspired by Father Jose Maria Arizmendiarrieta, whose insight into social and economic empowerment through shared ownership created the foundation for Mondragon's distinctive structure and philosophy, pioneering a unique model for community-centric economic development.
Mondragon primarily serves its cooperative members and the broader community, promoting human-centered development and social transformation. Its integrated model fosters sustainable employment and equitable wealth distribution. The corporation envisions championing the cooperative model internationally, advocating a business ethos prioritizing collective well-being and democratic management in a global economy.
Mondrag has 4 tracked investments across 3 companies. The latest tracked deal is $11.7M Seed in Multiverse Computing in October 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 20, 2021 | Multiverse Computing | $11.7M Seed | JME Ventures | LKS, Penja Strategy, Quantonation, Seed Gipuzkoa, Easo Ventures, Ezten Venture Capital Fund, Ikerlan, Inveready |
| Oct 14, 2021 | Shakers | $927K Debt / Other Equity | Clave Capital | — |
| Nov 17, 2020 | Multiverse Computing | $1.8M Other Equity | — | Easo Ventures, Pedro Luis Uriarte, Quantonation, Seed Gipuzkoa |
| Jul 22, 2020 | BCN3D | $3.2M Other Equity | — | Accurafy4, Cdti, Danobatgroup, JME Ventures |