Sabadell Venture Capital
Sabadell Venture Capital is the corporate VC division of Banco Sabadell, providing seed and Series A equity investments (€200K–€2M) and venture debt to early-stage Spanish digital and technology startups, operating sub-brands BStartup, Sabadell Asabys, and BStartup Health.
- Company typePrivate
- Founded2015
- HeadquartersBarcelona, Spain
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Sabadell Venture Capital does
Sabadell Venture Capital is the corporate venture capital division of Banco Sabadell, headquartered in Barcelona and operating as part of the BS Capital umbrella. Founded in 2015, it targets seed and Series A equity investments in digital and technology startups, primarily Spanish-based with international ambition, acquiring minority stakes through capital expansions. Investment tickets range from €200,000 to €2,000,000 per company, with follow-on capacity up to €2,000,000 per portfolio company. The unit complements its core equity offering with a Venture Debt product (launched in 2017 as the first of its kind offered by a Spanish bank), which packages fixed interest payments and equity participation over typical three-year maturities, designed to extend runway between equity rounds without excessive dilution.
The firm operates a layered ecosystem: BStartup 10 (jointly with Banco Sabadell's Commercial Banking division since 2013) provides pre-seed and seed funding at €1M per year across ten companies; Sabadell Asabys (2018) and BStartup Health address life-sciences and health-sector verticals; and direct co-investments through Ysios Biofund II/III extend the platform into life sciences. The European Investment Fund's InnovFin guarantee, granted in 2020 with EU Horizon 2020 backing, de-risks the venture debt book. The portfolio exceeds 100 startups since 2014, with 80% still active and 37.5% focused on decarbonization or health themes. Recent disclosed transactions include co-investments in Zazume (€2.5M Series A, June 2026), Amelia (€5M seed, March 2026), and Cofers ($1.5M seed, November 2025), the latter being the unit's first disclosed Mexican investment and signaling LATAM intent. The division is staffed by a small team of approximately seven investment professionals under Managing Director Sergio Pérez Merino, with BS Capital oversight from Raúl Rodriguez Sabater.
Sabadell Venture Capital firmographics
Firmographics- Name
- Sabadell Venture Capital
- Legal name
- Sabadell Venture Capital
- Website
- https://sabadellventurecapital.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Sabadell Venture Capital is the corporate VC division of Banco Sabadell, providing seed and Series A equity investments (€200K–€2M) and venture debt to early-stage Spanish digital and technology startups, operating sub-brands BStartup, Sabadell Asabys, and BStartup Health.
- Ownership category
- akta.pro rank
Sabadell Venture Capital industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Corporate Innovation & Technology Scouting Units (with investment mandate) (FSANAHAI)
- akta.pro secondary industry
- Venture Debt with Warrants (Hybrid Debt-Equity) (FSANAIAI)
Keywords
Where Sabadell Venture Capital is headquartered
LocationHeadquarters
- HQ city
- Barcelona
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
Sabadell Venture Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Equity Investment Returns: Acquisition of minority stakes in startups through capital expansions at seed and Series A stages. Returns generated through equity appreciation and exit events (M&A or IPO).
- Venture Debt Interest and Equity Participation: Hybrid debt instrument combining fixed interest payments with equity participation (percentage of company equity). Debt typically matures in 3 years with monthly or quarterly interest payments and principal amortization.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Seed and Series A equity investments ranging from €200K to €2M |
| Other | Multi-year contract | Venture Debt financing: €200K to €2M with equity participation |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Sabadell Venture Capital product offering
Product offeringCore offering
Sabadell Venture Capital deploys minority equity capital (€200K–€2M per company) into Spanish digital and technology startups at seed and Series A stages, with follow-on capacity up to €2M per portfolio company. It also provides Venture Debt financing (€200K–€2M) — a hybrid instrument combining fixed interest payments with an equity participation percentage — designed to extend runway between equity rounds without excessive dilution. The unit is complemented by BStartup 10, BStartup Health, and Sabadell Asabys sub-brands covering pre-seed through health-sector growth investments.
Product overview
Sabadell Venture Capital is the Venture Capital division of Banco Sabadell, offering two main financial instruments: Venture Capital (equity investments acquiring minority stakes in seed and Series A startups) and Venture Debt (hybrid financing between equity and debt for Series A+ companies). The division also operates specialized sub-brands including BStartup 10 for pre-seed/seed investments, BStartup Health for health sector projects, and Sabadell Asabys for dedicated health VC investments. The firm targets digital and technology companies (SaaS, mobile apps, marketplaces, e-commerce, big data, IoT, e-health) in Spain with international vision, with investment ranges from €200,000 to €2,000,000 and follow-on capacity up to €2,000,000 per portfolio company.
Differentiator
Problem solved
Functional benefit
Brands
- BStartup: Banco Sabadell's startup and scaleup investment service that financed over €500 million and invested more than €15.3 million in direct investment during 2025, with a portfolio exceeding 100 startups.
- BStartup 10
- BStartup Health
- Sabadell Asabys
Products and services
- Venture Capital (Equity Investments) Minority equity investments of €200K–€2M in early-stage digital and technology startups at seed and Series A stages, acquired through capital expansions with follow-on capacity up to €2M per portfolio company.
- Venture Debt Hybrid financing instrument (€200K–€2M) combining fixed interest payments with an equity participation percentage. Typical 3-year maturity with monthly or quarterly interest payments and principal amortization.
- BStartup 10 Pre-seed and seed investment program investing €1M per year in 10 technology and digital companies per year, jointly run with Banco Sabadell's Commercial Banking division.
- Sabadell Asabys Specialized venture capital vehicle dedicated to investments in the health sector, created with promoters Josep Lluís Sanfeliu and Clara Campas.
- BStartup Health Investment program for very early-stage (pre-seed and seed) health projects where investment validates technology and market fit, run jointly with Banco Sabadell's Commercial Banking division.
Companies that use Sabadell Venture Capital
Customer profileNamed customers25 records
Segments1 record
Ideal customer profiles1 record
Sabadell Venture Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sabadell Venture Capital partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Sabadell AsabyscoreHealth sector-specific venture capital vehicle created by Sabadell Venture Capital with promoters Josep Lluís Sanfeliu and Clara Campas for investments in healthcare and life sciences.
- BStartup HealthminorProgram created with Commercial Banking Direction for pre-seed and seed health projects, validating technology and market fit.
- BStartup 10coreJoint program with Commercial Banking division investing €1M per year in 10 technological and digital companies at pre-seed and seed phases.
Scale indicators7 records
Recent moves11 records
Expansion highlights5 records
Sabadell Venture Capital competitors and assessment
Company assessmentDirect peers
- BBVA Spark: Corporate venture capital arm of BBVA focused on early-stage technology startups in Spain and Latin America. Closest direct peer given the parallel Spanish-bank CVC structure, similar stage focus, and shared Spanish-speaking market.
- Caixa Capital Risc: Venture capital arm of CaixaBank investing in early-stage Spanish startups across technology and life sciences. Direct peer given the comparable Spanish-bank CVC structure, ticket sizes, and sector overlap including health via its Criteria BioMed vehicles.
- Santander X / Santander Corporate & Investment Banking ventures: Santander's startup and innovation platform with venture investment activity targeting early-stage Spanish and European founders. Comparable as a Spanish-bank-affiliated CVC pursuing similar startup engagement and equity participation strategies.
- Bankinter Capital Riesgo: Venture capital subsidiary of Bankinter focused on early-stage Spanish technology companies. Direct peer given shared Spanish-bank CVC model, similar investment sizes, and overlapping digital/technology target sectors.
- Inveready Asset Management: Spanish alternative asset manager with venture capital, venture debt, and growth debt strategies targeting Spanish technology companies. Direct peer given the matched venture debt offering, similar ticket sizes, and Spanish geographic focus.
- Nauta Capital: Pan-European venture capital firm with strong Spanish presence investing in early-stage B2B SaaS and digital businesses. Comparable as a Spanish-rooted VC operating at seed/Series A with similar sector breadth.
- 4Founders Capital: Spanish early-stage venture capital firm investing in B2B SaaS and digital businesses, co-invested with Sabadell VC in Cofers (Nov 2025). Direct peer given matched Spanish seed-stage focus and active co-investment relationship.
Regional players
- Enisa: Spanish state-owned financing entity providing early-stage loans and co-investment to Spanish SMEs and startups. Comparable as a Spanish-domestic public alternative funding source for startups at similar pre-seed and seed stages.
Others
- ICO (Instituto de Crédito Oficial): Spanish state-owned financial institution providing credit lines and guarantees to support Spanish entrepreneurship and SMEs. Comparable as an institutional counterparty enabling CVC-style risk-sharing on Spanish startup financing.
Emerging players
- Ysios Capital: Spanish venture capital firm specializing in life sciences investments, including a co-investment relationship with Sabadell VC's BS Capital via Ysios Biofund II/III. Comparable on the life sciences vertical and as an existing co-investment partner.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Sabadell Venture Capital social profiles
Digital presenceSabadell Venture Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sabadell Venture Capital leadership team
Management profileNumber of profiles
Profiles7 records
Sabadell Venture Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sabadell Venture Capital M&A and investment
M&A and investmentM&A
Investments78 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sabadell Venture Capital
What does Sabadell Venture Capital do?
Sabadell Venture Capital deploys minority equity capital (€200K–€2M per company) into Spanish digital and technology startups at seed and Series A stages, with follow-on capacity up to €2M per portfolio company. It also provides Venture Debt financing (€200K–€2M) — a hybrid instrument combining fixed interest payments with an equity participation percentage — designed to extend runway between equity rounds without excessive dilution. The unit is complemented by BStartup 10, BStartup Health, and Sabadell Asabys sub-brands covering pre-seed through health-sector growth investments.
Is Sabadell Venture Capital a public or private company?
Sabadell Venture Capital is a private company. It is classified as corporate owned and is currently operating.
When was Sabadell Venture Capital founded?
Sabadell Venture Capital was founded in 2015. It employs 1 to 10 people.
Where is Sabadell Venture Capital based?
Sabadell Venture Capital is headquartered in Barcelona, Spain, in the Europe region.
How does Sabadell Venture Capital make money?
Two revenue lines are on record. Equity Investment Returns are the primary driver. The others are venture Debt Interest and Equity Participation.
Who are Sabadell Venture Capital's main competitors?
Direct peers on record are BBVA Spark, Caixa Capital Risc, Santander X / Santander Corporate & Investment Banking ventures, Bankinter Capital Riesgo, Inveready Asset Management, Nauta Capital and 4Founders Capital. Enisa is listed as a regional player. ICO (Instituto de Crédito Oficial) is listed as an others. Ysios Capital is listed as an emerging player.
Does Sabadell Venture Capital have an API?
No public API is recorded for Sabadell Venture Capital.
What industry is Sabadell Venture Capital in?
Sabadell Venture Capital's product category is Venture Capital. Its primary akta.pro industry code is FSANAHAI, Corporate Innovation & Technology Scouting Units (with investment mandate), with a secondary code of FSANAIAI, Venture Debt with Warrants (Hybrid Debt-Equity). Its NAICS code is 523940 and its SIC code is 6282.