Swanlaab Venture Factory
Swanlaab Venture Factory is a Madrid-based, CNMV-regulated Spanish venture capital management firm operating three specialized funds (Hi-Tech B2B software, Agri-Food Tech, and worldwide Search Funds) that provides Smart Capital and company-building support to early-stage Spanish and European founders.
- Company typePrivate
- Founded2014
- HeadquartersMadrid, Spain
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Swanlaab Venture Factory does
Swanlaab Venture Factory is a Spanish-regulated venture capital management firm (Swanlaab Venture Factory SGEIC SA, CNMV registration 100, CIF A-86981842), founded in 2014 by Mark Kavelaars in Madrid, that operates a multi-strategy 'venture factory' platform combining three specialized fund vehicles. Swanlaab Tech Fund II invests at late-seed to early Series A in Spanish B2B high-tech software (initial ticket €0.5M+); Swanlaab Agrifood Tech Fund I (plus the co-managed Swanlaab Innvierte AgriFood Tech Fund alongside CDTI) backs Agri-Food Tech startups from concept validation through Series A; and Scipio Swanlaab SF SCR, advised by Scipio Holding, is a worldwide Search Fund targeting mid-sized business acquisitions (initial ticket €0.4M+). The firm's product stack sits atop a unified company-building methodology that provides Smart Capital, operational support across sales scaling and GTM refinement, and access to a Madrid-Israel investor and partner network.
The firm sources deals directly through a 'Submit Your Project' intake, a dedicated Ecosystem Manager (Ignacio Gallo), and recurring relationships with CDTI, Nauta, Bankinter, Prosegur, Amadeus, Adara Ventures, JME Ventures, Caixa Capital Risc, Aval-CLM, and other Spanish and international co-investors. Its active portfolio spans 30+ companies across cybersecurity (IriusRisk), insurtech (Weecover), conversational AI (Landbot, Predictiva), fintech (Unnax, Coowry), vertical SaaS (Sales Layer, Flowww, Pulpo), Agri-Food (MOA Foodtech, KOA Biotech, BigGuardian, Grodi, Pack2Earth, Granular Products), deep tech (Wodan AI, Codee), and Search Fund acquisitions (ELTI, AT Safety Training, Pharmacom, Granular Products). Documented exits include Kompyte (acquired by Semrush, NYSE: SEMR, 2022), Unnax (acquired by PSG, 2024), and Mysphera (acquired by ABE Capital, 2026). Swanlaab's revenue model is managed-services-style: management fees on committed and deployed capital across multiple fund vintages plus carried interest/capital gains on portfolio exits, delivered through an LP reporting portal at swanlaab.valuat.com.
Swanlaab Venture Factory firmographics
Firmographics- Name
- Swanlaab Venture Factory
- Legal name
- Swanlaab Venture Factory SGEIC SA
- Website
- https://swanlaab.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Swanlaab Venture Factory is a Madrid-based, CNMV-regulated Spanish venture capital management firm operating three specialized funds (Hi-Tech B2B software, Agri-Food Tech, and worldwide Search Funds) that provides Smart Capital and company-building support to early-stage Spanish and European founders.
- Ownership category
- akta.pro rank
Swanlaab Venture Factory industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (52394), Other Financial Vehicles (525990)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Venture Debt Providers (FSANAAAL)
- akta.pro secondary industry
- Corporate Venture Studios & Incubators (Build/launch ventures) (FSANAHAC)
Keywords
Where Swanlaab Venture Factory is headquartered
LocationHeadquarters
- HQ city
- Madrid
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
Swanlaab Venture Factory business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Venture Capital Fund Returns: Swanlaab Venture Factory SGEIC SA is a Spanish venture capital management entity (SGEIC) registered with the CNMV under number 100 (CIF A-86981842). Revenue derives from management fees on committed/deployed capital across multiple funds (Swanlaab I, Swanlaab II, Swanlaab Tech Fund II, Swanlaab Agrifood Tech Fund I, Scipio Swanlaab SF SCR) and carried interest / capital gains realized on exits from portfolio companies (e.g., Kompyte acquired by Semrush in 2022, Unnax acquired by PSG in 2024, Mysphera acquired by ABE Capital in 2026).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Hi-Tech Fund (Swanlaab Tech Fund II): initial ticket €0.5M+ in late-seed to early Series A Spanish B2B software startups |
| Other | Multi-year contract | Search Fund (Scipio Swanlaab SF SCR): initial ticket €0.4M+ for entrepreneurs acquiring mid-sized businesses worldwide |
| Other | Multi-year contract | Agri-Food Tech Fund I: concept validation through early Series A in Agri-Food Tech startups, with national and international co-investors |
Go-to-market motion3 records
Distribution channels5 records
Swanlaab Venture Factory product offering
Product offeringCore offering
Swanlaab Venture Factory is a Madrid-based venture capital management company (Swanlaab Venture Factory SGEIC SA, CNMV registration number 100) that deploys institutional capital and hands-on company-building support into early-stage startups through three specialized fund vehicles: a Hi-Tech / B2B software fund, an Agri-Food Tech fund, and a worldwide Search Fund for SMB acquisitions. Beyond capital, it sells a 'Venture Factory' service model — Smart Capital, operational support, and global network access — to founders, generating revenue from management fees and carried interest on exits.
Product overview
Swanlaab Venture Factory operates as a venture capital firm offering a unified, multi-strategy platform built around three core investment products: the Swanlaab Tech Fund II (a late-seed to early-Series-A vehicle for high-tech B2B software startups), the Swanlaab Agrifood Tech Fund I (a late-seed to early-Series-A vehicle for Agri-Food Tech startups), and the Scipio Swanlaab SF SCR (a search-fund vehicle for acquiring mid-sized businesses). These three funds sit atop a shared service offering, the Swanlaab Venture Factory Model, which delivers Smart Capital, Operational Support, company-building expertise, and access to a global network. Investor relations are delivered through the Swanlaab Investors Access Portal (swanlaab.valuat.com), providing limited partners with portfolio visibility. Together, the funds, the methodology, and the investor portal form an integrated platform for backing ambitious Spanish and European founders across deep tech, B2B software, and agri-food innovation.
Differentiator
Problem solved
Functional benefit
Products and services
- Swanlaab Tech Fund II
- Swanlaab Agrifood Tech Fund I
- Scipio Swanlaab SF SCR (Search Fund)
- Swanlaab Investors Access Portal
Quantifiable outcome
- Portfolio exit: Kompyte acquired by Semrush (NYSE: SEMR) in 2022
- +8 more outcomes
Companies that use Swanlaab Venture Factory
Customer profileNamed customers32 records
Ideal customer profiles3 records
Swanlaab Venture Factory technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Swanlaab Venture Factory partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered flagship.
- Scipio HoldingflagshipScipio Holding acts as the investment advisor for Swanlaab's Search Fund vehicle, Scipio Swanlaab SF SCR. The fund provides capital for both the search phase and acquisition of a target mid-sized business. Scipio leverages deep expertise in identifying and scaling high-potential businesses and is sector-agnostic in its worldwide acquisition mandate.
- Crescendo VPflagshipIsrael-based Crescendo VP provides cross-border VC expertise to Swanlaab. Founder & Managing Partner Mark Kavelaars is also a Venture Partner at Crescendo VP; venture partners Yuval Avni, Zvi Schechter, Tal Mizrahi and Zeev Holtzman all draw on experience from Crescendo VP and Giza Venture Capital. Swanlaab states its 'roots in Spain and Israel' leverage this partner network.
- Giza Venture CapitalflagshipCo-founded in 1992 by Swanlaab venture partners Zvi Schechter and Zeev Holtzman, Giza Venture Capital manages over $600M in AUM and has invested in 110+ high-tech companies with $15B in total exits. Provides deep Israeli tech investment experience to Swanlaab.
- Semrush (NYSE: SEMR)flagshipSemrush acquired Swanlaab portfolio company Kompyte in 2022; the deal represents one of Swanlaab's documented successful exits.
- PSG (Payment Service Solutions)flagshipPSG acquired Swanlaab portfolio company Unnax in 2024, representing another documented exit.
- ABE CapitalflagshipABE Capital acquired Swanlaab portfolio company Mysphera in 2026 — Swanlaab's most recent documented exit.
Scale indicators8 records
Expansion highlights5 records
Swanlaab Venture Factory competitors and assessment
Company assessmentDirect peers
- Bonsai Partners: Spanish VC firm with both early-stage venture and growth vehicles focused on B2B SaaS and digital businesses. Comparable thesis and Spain-centric footprint; documented co-investor in Swanlaab's RepScan and Flowww.
- JME Ventures: Madrid-based early-stage VC investing in Spanish and European B2B SaaS and marketplaces. Direct peer on geography and stage; frequent co-investor with Swanlaab in IriusRisk, Smart Protection, Odilo, and Wodan AI.
- Adara Ventures: Madrid-based early-stage VC investing in deep tech, data, and cybersecurity across Spain and Europe. Comparable on geography and stage; recurring co-investor with Swanlaab in Kompyte and Wodan AI, evidencing overlapping deal flow.
- Seaya Ventures: Madrid-based early and growth-stage VC focused on Southern European tech-enabled companies. Comparable on stage and Iberian focus; one of the larger Spanish VCs by AUM, providing a benchmark for Swanlaab's growth trajectory.
- Bullnet Capital: Madrid-based early-stage VC investing in Spanish B2B tech with an active lead-investor model. Direct peer on geography, stage, and approach; represents a comparable Spanish institutional seed/A platform.
- Nauta Capital: Pan-European early-stage VC investing in B2B software and deep tech from Spain/Barcelona. Most directly comparable to Swanlaab Tech Fund II on stage, geography and thesis; recurring co-investor in Swanlaab's Landbot, Weecover, Smart Protection, and other portfolio deals.
- K Fund: Madrid-based pre-seed and seed VC focused on Spanish B2B SaaS and marketplaces. Closest direct competitor on geography and stage; co-invested with Swanlaab in Codee, demonstrating parallel sourcing in the Spanish deep-tech pool.
- Inveready: Spanish alternative finance platform with venture capital, debt and public-market vehicles investing from seed to growth. Comparable thesis overlap with Swanlaab's B2B software and deep-tech focus; co-invested alongside Swanlaab in Dolfin.
Broad incumbents
- Sabadell Venture Capital: Corporate venture arm of Banco Sabadell, investing across Spanish early and growth-stage tech companies. Larger and bank-affiliated; recurring co-investor in Trappit, Predictiva and Mysphera, with overlapping sourcing in the Spanish pool.
- Caixa Capital Risc (Criteria): Barcelona-based venture arm of CaixaBank managing multiple early-stage and growth vehicles. Larger and bank-affiliated; overlaps with Swanlaab's B2B software thesis but serves a broader portfolio role; recurring co-investor in Kompyte and Codee.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Swanlaab Venture Factory social profiles
Digital presenceSwanlaab Venture Factory compliance and trust
Trust signalCompliance1 record
Swanlaab Venture Factory financial estimates
Financial estimateRevenue estimate
Valuation estimate
Swanlaab Venture Factory leadership team
Management profileNumber of profiles
Profiles21 records
Swanlaab Venture Factory subsidiaries and ownership
Company hierarchySubsidiaries5 records
Swanlaab Venture Factory funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Swanlaab Venture Factory M&A and investment
M&A and investmentM&A
Investments45 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Swanlaab Venture Factory
What does Swanlaab Venture Factory do?
Swanlaab Venture Factory is a Madrid-based venture capital management company (Swanlaab Venture Factory SGEIC SA, CNMV registration number 100) that deploys institutional capital and hands-on company-building support into early-stage startups through three specialized fund vehicles: a Hi-Tech / B2B software fund, an Agri-Food Tech fund, and a worldwide Search Fund for SMB acquisitions. Beyond capital, it sells a 'Venture Factory' service model — Smart Capital, operational support, and global network access — to founders, generating revenue from management fees and carried interest on exits.
Is Swanlaab Venture Factory a public or private company?
Swanlaab Venture Factory is a private company. It is classified as management employee owned and is currently operating.
When was Swanlaab Venture Factory founded?
Swanlaab Venture Factory was founded in 2014. It employs 11 to 50 people.
Where is Swanlaab Venture Factory based?
Swanlaab Venture Factory is headquartered in Madrid, Spain, in the Europe region.
How does Swanlaab Venture Factory make money?
One revenue line is on record: venture Capital Fund Returns.
Who are Swanlaab Venture Factory's main competitors?
Direct peers on record are Bonsai Partners, JME Ventures, Adara Ventures, Seaya Ventures, Bullnet Capital, Nauta Capital, K Fund and Inveready. Broad incumbents are Sabadell Venture Capital and Caixa Capital Risc (Criteria).
Does Swanlaab Venture Factory have an API?
No public API is recorded for Swanlaab Venture Factory.
What industry is Swanlaab Venture Factory in?
Swanlaab Venture Factory's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAL, Venture Debt Providers, with a secondary code of FSANAHAC, Corporate Venture Studios & Incubators (Build/launch ventures). Its NAICS code is 52394 and its SIC code is 6282.