Scale Lab Andorra
Scale Lab Andorra is the first Andorran law fund investing in early-stage technology start-ups. Operating under Creand Accelera, it deploys €100k-€500k per project across fintech, biotech, IoT, SaaS, and other sectors, supporting a portfolio of approximately 30 companies.
- Company typePrivate
- Founded2019
- HeadquartersAndorra La Vella, Andorra
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Scale Lab Andorra does
Scale Lab Andorra is a private investment fund domiciled in Andorra la Vella and structured as an Andorran-law fund vehicle (fons de dret andorrà) that invests in early-stage technology-driven and scalable start-ups. The fund is operated under the Creand Accelera platform, which consolidates entrepreneurship, innovation, and investment activities within the Creand financial group in Andorra. Scale Lab deploys between €100,000 and €500,000 per project and supplements capital with business development support and assistance for portfolio companies seeking to land operations in Andorra, positioning the country on the international innovation map. Its mandate targets projects with differential technology or validated, scalable business models across a horizontally diversified range of verticals.
The disclosed portfolio spans approximately 30 companies across travel technology (Byhours), personalized health genomics (Made of Genes), agrifood digital platforms (Consentio), mountain sports technology (Skitude), point-of-sale fintech (Nemuru, Polaroo), fashion marketplaces (Vasquiat), satellite IoT (Sateliot), biotech and regenerative medicine (Cellab), geotechnical analytics software (SAALG Geomechanics), second-hand bicycle marketplaces (Tuvalum), WhatsApp-based SMB commerce tools (ChatWith.io), developer education (Assembler Institute of Technology), digital insurance (Cleverea), hospitality SaaS and hardware (Jurny), and online storage (Box2box). Operationally, Scale Lab is staffed by 1-10 personnel with a committee-led governance structure (Eduard Galceran as committee member) and a roster of named advisors including Guillem Viladomat and Estel Sardà.
Distribution is concentrated through the Creand Accelera platform website, a LinkedIn corporate presence, and direct investor inquiry via email. The fund has no proprietary technology platform, AI/ML infrastructure, or product suite of its own; its core offering is capital deployment, ecosystem connectivity, and the regulatory-first status of being Andorra's inaugural start-up investment fund. Geographic footprint is primarily Andorran and Spanish, with occasional Creand group co-investments extending reach into broader European and select North American rounds.
Scale Lab Andorra firmographics
Firmographics- Name
- Scale Lab Andorra
- Legal name
- Scale Lab Andorra
- Website
- https://scalelabandorra.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Scale Lab Andorra is the first Andorran law fund investing in early-stage technology start-ups. Operating under Creand Accelera, it deploys €100k-€500k per project across fintech, biotech, IoT, SaaS, and other sectors, supporting a portfolio of approximately 30 companies.
- Ownership category
- akta.pro rank
Scale Lab Andorra industry classification
Industry- Product category
- Venture Capital Investment
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Private Sector & Blended Finance Arms (IFC-type) (BPADACAJ)
- akta.pro secondary industry
- Infrastructure & Project Finance Advisory (BPAHADAO)
Keywords
Where Scale Lab Andorra is headquartered
LocationHeadquarters
- HQ city
- Andorra La Vella
- HQ country
- Andorra
- HQ region
- Europe
Markets served
Scale Lab Andorra business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Equity investment per startup |
Distribution channels1 record
Marketing channels2 records
Scale Lab Andorra product offering
Product offeringCore offering
Scale Lab Andorra is an investment vehicle targeting entrepreneurial projects with differential technology or validated and scalable business models. It invests between €100,000 and €500,000 per project in equity, while also providing business development support and facilitating portfolio companies' potential landing in Andorra. It operates as the first Andorran-law fund investing in start-ups, with a portfolio of nearly 30 start-ups across travel, health/genomics, agrifood, sports, fintech, biotech, SaaS, IoT, and e-commerce sectors.
Product overview
Scale Lab Andorra is an investment fund/vehicle targeting entrepreneurial projects with differential technology or validated and scalable business models. It is the first Andorran law fund that invests in start-ups, providing investment capital between 100 and 500k€ per project, along with support for business development and potential landing in Andorra. The fund has a portfolio of nearly 30 start-ups across various sectors including travel technology, health/genomics, agrifood tech, sports tech, fintech, biotech, and SaaS solutions.
Differentiator
Problem solved
Functional benefit
Products and services
- Scale Lab Andorra Investment Fund Equity investment fund under Andorran law that invests between €100,000 and €500,000 per project in early-stage start-ups with differentiated technology or validated, scalable business models, and provides business development support plus potential landing assistance in Andorra. As of the latest reporting, the fund has supported nearly 30 start-ups in its portfolio.
Quantifiable outcome
- Nearly 30 start-ups supported in portfolio
Companies that use Scale Lab Andorra
Customer profileSegments1 record
Ideal customer profiles1 record
Scale Lab Andorra technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Scale Lab Andorra partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights4 records
Scale Lab Andorra competitors and assessment
Company assessmentDirect peers
- Swanlaab Venture Capital: Spanish early-stage VC that co-invested with Creand in Pack2Earth's €1.6M round. Operates with similar ticket sizes and stage focus, making it a natural co-investor and comparable peer in Iberian early-stage investing.
- JRV Holding: Investment group that participated alongside Scale Lab/Creand in Pack2Earth's €1.6M round. Comparable as a small Iberian vehicle deploying early-stage capital into technology-driven companies.
- K Fund: Spanish early-stage VC investing in tech-enabled start-ups with similar ticket sizes and a Spanish/Iberian focus. Direct comparable in stage, geography, and broad sector approach.
- Samaipata: Spanish early-stage VC backing digital start-ups across Europe. Comparable stage and check size, with a similarly sector-diverse investment thesis.
- Lanzadera: Spanish business accelerator (backed by Juan Roig / Marina de Empresas) providing capital plus operational support to early-stage founders — directly parallel to Scale Lab's acceleration-plus-investment model.
- Bbooster Ventures: Spanish B2B-focused early-stage VC. Comparable in stage and geographic orientation, with a similar barbell of small-cheque, value-add investing into tech start-ups.
- Encomenda Smart Capital: Spanish early-stage VC investing in tech start-ups with a focus on the Iberian ecosystem. Similar ticket profile and stage focus as Scale Lab Andorra.
Broad incumbents
- Caixa Capital Risc: Venture arm of 'la Caixa' — a much larger, established Spanish VC with broader sector mandates and deeper fund capacity. Provides a relevant benchmark for what a scaled Iberian VC vehicle can deploy.
- Inveready: Established Spanish VC manager with multiple funds across technology and life sciences. Comparable to Scale Lab in Iberian orientation and breadth but at materially larger scale.
- Wayra (Telefónica): Corporate accelerator of Telefónica providing capital, mentorship, and access to corporate customers to early-stage tech start-ups — directly analogous model to Scale Lab within the Creand ecosystem.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Scale Lab Andorra social profiles
Digital presenceScale Lab Andorra financial estimates
Financial estimateRevenue estimate
Valuation estimate
Scale Lab Andorra leadership team
Management profileNumber of profiles
Profiles9 records
Scale Lab Andorra funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Scale Lab Andorra M&A and investment
M&A and investmentM&A
Investments9 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Scale Lab Andorra
What does Scale Lab Andorra do?
Scale Lab Andorra is an investment vehicle targeting entrepreneurial projects with differential technology or validated and scalable business models. It invests between €100,000 and €500,000 per project in equity, while also providing business development support and facilitating portfolio companies' potential landing in Andorra. It operates as the first Andorran-law fund investing in start-ups, with a portfolio of nearly 30 start-ups across travel, health/genomics, agrifood, sports, fintech, biotech, SaaS, IoT, and e-commerce sectors.
Is Scale Lab Andorra a public or private company?
Scale Lab Andorra is a private company. It is classified as corporate owned and is currently operating.
When was Scale Lab Andorra founded?
Scale Lab Andorra was founded in 2019. It employs 1 to 10 people.
Where is Scale Lab Andorra based?
Scale Lab Andorra is headquartered in Andorra La Vella, Andorra, in the Europe region.
Who are Scale Lab Andorra's main competitors?
Direct peers on record are Swanlaab Venture Capital, JRV Holding, K Fund, Samaipata, Lanzadera, Bbooster Ventures and Encomenda Smart Capital. Broad incumbents are Caixa Capital Risc, Inveready and Wayra (Telefónica).
Does Scale Lab Andorra have an API?
No public API is recorded for Scale Lab Andorra.
What industry is Scale Lab Andorra in?
Scale Lab Andorra's product category is Venture Capital Investment. Its primary akta.pro industry code is BPADACAJ, Private Sector & Blended Finance Arms (IFC-type), with a secondary code of BPAHADAO, Infrastructure & Project Finance Advisory. Its NAICS code is 525 and its SIC code is 6282.