Suma Capital

What Suma Capital does

Suma Capital is an independent Spanish investment management firm founded in 2007 in Barcelona, operating four European offices (Barcelona, Madrid, Paris and Milan) with 40+ professionals. The firm manages over €1,100 million in assets across three complementary closed-end fund strategies: SC Infra (sustainable infrastructure for decarbonisation and circular economy, including biomethane, energy efficiency and waste valorisation platforms such as ATH Bioenergy, ADEC Global, CH4T and Gestcompost), SC Expansion (growth equity for Spanish SMEs with revenues above €15 million and EBITDA above €3 million, with portfolio companies including TradeInn, Homs Rentals, Vallfirest, Berria Bikes and Turris), and SC Venture (climate-tech venture capital structured as SC Climate Tech Ventures for early-stage and SC Net Zero Ventures for scale-up, with portfolio companies including Optimitive, WtEnergy, R3 Robotics, H2SITE and Floatech).

The firm earns revenue through three primary streams: recurring management fees on AUM across 10+ closed-end funds, carried interest and capital gains on exits (e.g., the €200 million 2024/2026 sale of a 30% stake in TradeInn to Apollo and the 2025 Homs Rentals exit), and co-management and advisory mandates from industrial joint ventures with partners such as Enagás, Nippon Gases, SITRA and Tibanna AG. Distribution is conducted via direct institutional sales through a dedicated Investor Relations team led by CFO/IR Begoña Mata, supported by an LP portal (sc.ecapital.es), proprietary events such as the Suma Summit, and four European offices. Anchor limited partners include the European Investment Fund, Repsol, AMG, Banco Sabadell and various Spanish public institutions.

Suma Capital's platform is differentiated by proprietary impact-measurement assets (Suma Net Zero Index, Green Plan 2020-2025 carbon accounting framework), an SFDR Article 9-aligned fund family, six consecutive years of UN PRI 5-star ratings, RIBI 2026 Global Top-10 Avant-Gardist status, and deep industrial joint-venture partnerships that function as both capital sources and deal-flow channels.

Name

Suma Capital

Legal name

SUMA CAPITAL S.G.E.I.C, S.A.

Website

http://www.sumacapital.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Suma Capital is an independent Spanish private equity manager managing over €1.1 billion across three strategies—SC Infra, SC Expansion, and SC Venture—serving European institutional LPs with sustainable infrastructure, growth equity, and climate tech venture investments.

Ownership category

akta.pro rank

Product category

Private Equity / Sustainable Investment Management

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Investment Pools and Funds (5259), Other Financial Vehicles (525990)

SIC

Investment Advice (6282)

akta.pro primary industry

Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

akta.pro secondary industries

Institutional Separate Accounts & SMAs (Mandates) (FSAAAGAL), Development Finance & Blended Finance Facilities (BPADAOAD)

Keywords

• Sustainable infrastructure investing
• Growth equity funds
• Climate tech venture capital
• Responsible investment management
• Private equity asset management

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Fund management fees: Recurring management fees charged on assets under management across multiple closed-end private equity funds (e.g., SC Climate Impact Fund III, SC Expansion Fund I, SC Net Zero Ventures I, SC Energy Efficiency Fund II, SC Growth Fund II, SC Infra Gestcompost Fund I). AUM reported at €1,100M+ in 2025.
2. Carried interest and exit proceeds: Performance-based carried interest and capital gains realised on exits from portfolio companies (e.g., 2018-2025 Homs Rentals investment delivering Deal of the Year award; 2024 TradeInn 30% sale to Apollo for €200M; Turris sale 2022; 10-year GrandVoyage exit via SC Expansion Fund I).
3. Co-management and advisory mandates: Strategic co-development and co-management of platforms with industrial partners (e.g., Soluciones Totales de Biometano JV with Nippon Gases, UNUE JV with Enagás, ATH Bioenergy JV with Tibanna AG, Biomethane Initiatives JV with SITRA, CH4T platform in Italy) generating fee and dividend income alongside direct investment returns.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Suma Capital is an independent Spanish investment manager that operates three closed-end private equity fund strategies — SC Infra (sustainable infrastructure and impact funds covering biomethane, renewable energy, energy efficiency and circular economy assets), SC Expansion (growth equity of €15-25M tickets in high-growth Spanish SMEs), and SC Venture (climate tech venture capital via early-stage SC Climate Tech Ventures and scale-up SC Net Zero Ventures) — managing €1,100M+ in assets for institutional limited partners (EIF, Repsol, family offices, pension funds, insurance companies).

Product overview

Suma Capital operates as a single integrated investment management firm rather than a unified software product. Its offering is structured as a platform of three distinct investment strategies that together address sustainable investing at different stages and risk profiles: SC Infra (sustainable infrastructure and impact funds for decarbonisation and circular economy assets such as MobilityPlus, Gestcompost, ATH Bioenergy, CH4T, and ADEC Global), SC Expansion (growth equity for high-growth Spanish SMEs with €15-100M sales across themes like Green Transition, Digital Transition, Health & Wellbeing, and Social Inclusion, including portfolio companies such as Vallfirest, Homs Rentals, TradeInn, and Berria Bikes), and SC Venture (climate-tech venture capital split into two complementary funds — SC Climate Tech Ventures for early-stage technologies and SC Net Zero Ventures for scale-up stage, with portfolio companies like Optimitive, WtEnergy, H2SITE, R3 Robotics, and Floatech). These strategies are underpinned by dedicated vehicles including SC Climate Impact Fund III and SC Net Zero Ventures I (€210M final closing), and are complemented by the Suma Impact Foundation.

Differentiator

Problem solved

Functional benefit

Brands

• SC Infra: Investment strategy dedicated to supporting energy transition and the circular economy through sustainable infrastructure investments, including biomethane, renewable energy, energy efficiency, and waste treatment projects.
• SC Expansion
• SC Venture
• Suma Impact Foundation

Products and services

• SC Infra Sustainable infrastructure investment strategy investing in the development and adaptation of infrastructure needed for a decarbonised world. Manages Impact Funds focused on decarbonisation, clean energy, and circular economy via build-to-core, operational value creation, and platform expansion; portfolio includes MobilityPlus, ATH Bioenergy, CH4T, ADEC Global, Gestcompost, Biomethane Initiatives, SC Renewable Gases, and Zero Waste Energy.
• SC Expansion Growth equity strategy partnering with founders and management teams of high-growth Spanish companies with revenues exceeding €15 million and EBITDA above €3 million. Investment tickets range between €15 million and €25 million for 30%–70% participation; investment themes are Green Transition, Digital Transition, Health & Wellbeing, and Social Inclusion.
• SC Venture Venture capital strategy to drive climate innovation through technology, structured through two complementary funds (SC Climate Tech Ventures for early stage and SC Net Zero Ventures for scale-up). Areas of investment include advanced mobility, decarbonisation of industry, renewable energy, and enabling digital technologies (AI, VR/AR, quantum computing, robotics, process automation).
• SC Climate Tech Ventures Early-stage venture capital vehicle supporting founding teams in early stages of development and commercialisation, backing emerging technologies that tackle climate challenges in sectors such as energy, mobility and industry. Used to invest €1M in Optimitive as part of a €5M Series A round.
• SC Net Zero Ventures I Scale-up venture capital vehicle within SC Venture for technology companies with proven traction and validated business models that are ready to scale impactful solutions for the energy transition and global decarbonisation. Final closed at €210 million in September 2025; led €10M round in WtEnergy.
• SC Climate Impact Fund III Climate impact fund used to execute SC Infra and growth-equity climate-related investments; deployed €40M into MobilityPlus for EV fleet charging network expansion in Belgium and France (October 2024) and backed ADEC Global's circular-economy waste-treatment expansion.
• Suma Impact Foundation Independent foundation associated with Suma Capital (sumaimpactfoundation.org) supporting the firm's responsible-investment and social/environmental mission beyond its fund activities.

Quantifiable outcome

• 628,000+ tonnes of CO2 avoided in 2025 across portfolio
• +6 more outcomes

Named customers9 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core, flagship and minor.

• DeepTech AlliancecoreStrategic or Co-development Partner · 30 April 2026Suma Capital joined DeepTech Alliance in April 2026 to strengthen its participation in the European deep tech ecosystem. The Alliance is a private network of 18 deep tech hubs connected to leading universities and institutions, giving Suma privileged access to industrially applicable technologies in AI, energy decarbonisation, circular economy and sustainable mobility and enabling co-investment with fellow members.
• Fundación Empresa & ClimacoreStrategic or Co-development Partner · 4 March 2026Suma Capital joined Fundación Empresa & Clima in March 2026 to enhance its decarbonisation and sustainable-transformation efforts, strengthening its strategies in scaling SMEs, climate tech solutions, energy-transition infrastructure and the circular economy while opening collaboration opportunities within the European and Spanish climate ecosystem.
• Tibanna AGflagshipStrategic or Co-development Partner · 19 March 2024ATH Bioenergy is structured as a joint venture between Suma Capital (80% stake acquired March 2024 for ~€100M) and Tibanna AG, a Swiss company developing energy-transition projects in remote tourism-heavy territories. The JV will build four biomethane plants across the Canary Islands (Gran Canaria, Tenerife, Fuerteventura, Lanzarote) processing 128,000 tonnes/year of organic waste into 134 GWh/year of biomethane and 6,760 tonnes of fertiliser.
• SITRA (Soluciones Industriales y Tratamientos Medioambientales)coreStrategic or Co-development Partner · 1 January 2022Biomethane Initiatives is structured as a joint venture between Suma Capital and SITRA to develop biomethane projects in Spain and other European countries, combining Suma's investment capacity with SITRA's expertise as a leading Spanish developer of waste management projects.
• EnagásflagshipStrategic or Co-development Partner · 1 January 2020Enagás, the IBEX-35-listed international leader in natural gas infrastructures, is Suma Capital's JV partner in UNUE - a Burgos biomethane recovery plant producing 20 GWh/year for injection into the Spanish gas distribution network and one of only three biomethane plants of its kind in Spain.
• Nippon GasescoreStrategic or Co-development Partner · 1 January 2020SC Renewable Gases incorporates Soluciones Totales de Biometano, a JV with Nippon Gases (one of Europe's leading industrial and medical gases companies), to deliver two biogas upgrading plants at Gestcompost's Pina de Ebro and Belinchón sites, targeting 52 GWh of biomethane in phase one and 82 GWh in phase two.
• Level 20minorStrategic or Co-development PartnerLong-running collaboration with non-profit Level 20 to promote gender diversity in the private equity sector, articulated through training industry professionals, encouraging female talent recruitment, and helping firms take practical steps to accelerate change.

Scale indicators18 records

Recent moves9 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@SumaCapital.
• LinkedInlinkedin.com/company/5335503

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

Subsidiaries9 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A7 records

Investments41 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Suma Capital