Mission
Mission is a Valencia-based, CNMV-authorized Spanish venture capital fund that provides equity capital and founder support to early-stage technology startups, having backed more than 200 founders across sectors including AI, fintech, SaaS, and insurtech.
- Company typePrivate
- Founded2013
- HeadquartersValencia, Spain
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Mission does
Mission is a Spanish venture capital firm operating under the legal entity DEMIUM CAPITAL SGEIC, S.A.U., headquartered at The Terminal Hub in Valencia, Spain. The firm positions itself as "active founders backing founders" and invests equity capital in early-stage technology startups, having backed more than 200 founders since inception. Its portfolio spans consumer internet, SaaS, fintech, AI/ML, quantum computing, voice technology, conversational AI, insurtech, and mobility sectors, with named holdings including Voicemod, Landbot, Citibox, Karumi, Qalea, Quside, Rauda, Theker, Dealcar, Holo, Singularu, Swipcar, and Orbital Paradigm.
Mission is not a technology product company; it has no proprietary software platform, API, or standalone commercial product offering. Its primary "deliverable" is capital allocation combined with founder support within an active portfolio community. The firm is authorized and supervised by Spain's Comisión Nacional del Mercado de Valores (CNMV) as a manager of closed-end collective investment schemes, which confers a regulated status atypical for early-stage Spanish VCs.
The business model is conventional venture capital economics: management fees on committed capital plus carried interest on exits, with returns realized through IPOs, M&A, or secondary sales of portfolio equity. Capital deployment is direct, with the firm sourcing and underwriting investments in-house rather than relying on fund-of-fund structures. Mission has extended operations beyond Spain through a Lisbon-based managing director and through Kovrilo, an incubated Managing General Agent serving UK SMEs, signaling incremental geographic and vertical diversification.
Mission firmographics
Firmographics- Name
- Mission
- Legal name
- DEMIUM CAPITAL SGEIC, S.A.U.
- Website
- https://missionfund.vc
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Mission is a Valencia-based, CNMV-authorized Spanish venture capital fund that provides equity capital and founder support to early-stage technology startups, having backed more than 200 founders across sectors including AI, fintech, SaaS, and insurtech.
- Ownership category
- akta.pro rank
Mission industry classification
Industry- Product category
- Early-Stage Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
- akta.pro secondary industry
- Accelerators & Incubators (Investor-Operated) (FSANAAAM)
Keywords
Where Mission is headquartered
LocationHeadquarters
- HQ city
- Valencia
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
Mission business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Investment Returns / Capital Gains: As a VC firm, Mission generates returns through equity investments in startups. They provide capital to early-stage companies and realize returns through exits, IPOs, or secondary transactions.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Mission product offering
Product offeringCore offering
Mission is a venture capital firm (operated by DEMIUM CAPITAL SGEIC, S.A.U.) that invests equity capital into early-stage technology startups and provides founder support. It backs over 200 founders with portfolio companies spanning fintech, B2B SaaS, AI, voice modulation, conversational interfaces, quantum random number generation, mobility, and consumer brands, while also incubating operating businesses such as Kovrilo.
Product overview
Mission (missionfund.vc) is a venture capital firm operated by DEMIUM CAPITAL SGEIC, S.A.U., described as "active founders backing founders." The firm invests in early-stage startups and has backed over 200 founders. The company does not appear to offer a product or technology platform; rather, it operates as a VC investment firm providing funding and support to portfolio companies. No standalone products, modules, or technology offerings were identified in the source data.
Differentiator
Problem solved
Functional benefit
Companies that use Mission
Customer profileSegments1 record
Ideal customer profiles1 record
Mission technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Mission partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- KovriloincubatedKovrilo is an MGA (Managing General Agent) incubated by Mission. It provides bespoke, modular commercial cover for UK SMEs including property, liability, cyber, legal, and terrorism insurance through a dynamic underwriting and claims-led service model.
Scale indicators1 record
Recent moves2 records
Expansion highlights4 records
Mission competitors and assessment
Company assessmentDirect peers
- KFund: KFund is a Madrid-based early-stage Spanish VC firm investing across Southern Europe. It is a directly comparable peer — same stage, geography, and sector mix — and co-invested with Mission in QuiverAI's $8.3M seed round.
- JME Ventures: JME Ventures is a Madrid-based early-stage VC focused on Spanish and Southern European B2B/tech founders. Directly comparable in stage, geography, and check size; also a co-investor in QuiverAI alongside Mission.
- Cabiedes & Partners: Cabiedes & Partners is one of Spain's longest-tenured early-stage VCs, investing in Spanish internet and software founders. Closely comparable given the shared focus on early-stage Spanish tech founders and similar fund vintages.
- Samaipata: Samaipata is a Madrid/Paris early-stage VC backing digital marketplace and platform founders across Europe. Comparable in stage and Southern European orientation, though tilted toward marketplace theses rather than Mission's broader sector mix.
- All Iron Ventures: All Iron Ventures is a Bilbao-based early-stage VC investing in Spanish tech founders across B2B SaaS, marketplaces, and consumer. Directly comparable in stage, geography, and founder-first positioning.
- Encomenda Smart Capital: Encomenda is a Barcelona-based early-stage VC backing Spanish digital founders. Directly comparable in geography, stage, and sector breadth, and competes head-to-head for the same founder pipeline.
- Bonsai Venture Capital: Bonsai Partners operates an early-stage Spanish VC and venture debt practice. Comparable at the equity-investing level, with overlap on portfolio stage and Iberian geography.
Emerging players
- Lanzadera: Lanzadera is a Valencia-based startup accelerator (backed by Juan Roig/Mercadona) that incubates and seeds Spanish founders. Highly comparable given Mission's incubation activity (Kovrilo) and shared HQ region, though Lanzadera leans more toward program-based accelerator funding.
Broad incumbents
- Speedinvest: Speedinvest is a large pan-European early-stage VC with sector-focused funds covering fintech, deep tech, and SaaS. Comparable in stage and many portfolio themes, though materially larger in AUM and broader in geography than Mission.
- Wayra (Telefónica Ventures): Wayra is Telefónica's corporate VC and accelerator arm operating across Spain and Latin America. Comparable in early-stage orientation and Spanish footprint, but operates inside a larger corporate parent and with broader geographic scope.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Mission social profiles
Digital presenceMission financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mission leadership team
Management profileNumber of profiles
Profiles10 records
Mission subsidiaries and ownership
Company hierarchySubsidiaries1 record
Mission funding detail
Funding detailFunding overview
Funding rounds13 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mission M&A and investment
M&A and investmentM&A
Investments52 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mission
What does Mission do?
Mission is a venture capital firm (operated by DEMIUM CAPITAL SGEIC, S.A.U.) that invests equity capital into early-stage technology startups and provides founder support. It backs over 200 founders with portfolio companies spanning fintech, B2B SaaS, AI, voice modulation, conversational interfaces, quantum random number generation, mobility, and consumer brands, while also incubating operating businesses such as Kovrilo.
Is Mission a public or private company?
Mission is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Mission founded?
Mission was founded in 2013. It employs 11 to 50 people.
Where is Mission based?
Mission is headquartered in Valencia, Spain, in the Europe region.
How does Mission make money?
One revenue line is on record: investment Returns / Capital Gains.
Who are Mission's main competitors?
Direct peers on record are KFund, JME Ventures, Cabiedes & Partners, Samaipata, All Iron Ventures, Encomenda Smart Capital and Bonsai Venture Capital. Lanzadera is listed as an emerging player. Broad incumbents are Speedinvest and Wayra (Telefónica Ventures).
Does Mission have an API?
No public API is recorded for Mission.
What industry is Mission in?
Mission's product category is Early-Stage Venture Capital. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B), with a secondary code of FSANAAAM, Accelerators & Incubators (Investor-Operated). Its NAICS code is 523940 and its SIC code is 6282.