Soria Futuro

What Soria Futuro does

Soria Futuro S.A. is a private regional investment society founded in 2002 in Soria, Spain, dedicated to financing and accompanying innovative companies located in the province of Soria with the dual objective of financial return and local economic development. Its core offering is three flexible financial instruments adapted to each stage of the enterprise lifecycle: participative loans (préstamos participativos) of 50,000 to 350,000 euros with up to 10-year maturities, no collateral, and interest partially linked to business evolution; minority equity investments (inversión en capital social) targeted at expansion-stage companies; and convertible debt (deuda convertible) aimed at seed and startup phases. Ticket sizes and terms are calibrated to early-stage risk profiles that traditional banks in Soria are unwilling to underwrite.

The company's revenue mechanics are those of an impact investment vehicle rather than a SaaS or product business: interest income from participative loans, capital appreciation and dividends from minority equity stakes, plus strategic accompaniment services that align investor and entrepreneur incentives. Approximately 71.74% of capital is deployed into seed and startup phases, with the balance in expansion deals. Go-to-market is direct and relationship-based, anchored by annual events such as the I Encuentro Empresarial, partnerships with El Hueco (a social enterprise incubator) and the local Chamber of Commerce, and institutional referrals from Caja Rural de Soria and the Junta de Castilla y León.

Soria Futuro is controlled by three institutional shareholders: Caja Rural de Soria (51%), the Instituto para la Competitividad Empresarial de Castilla y León / ICE (34.37%), and the Diputación Provincial de Soria (14.63%). Capital is augmented by grants from ICE (1 million euros each in 2022 and 2023, plus a 2025 contract program) and risk coverage from the European Investment Fund under EaSI (2016-2021, mobilizing 1.6 million euros in participative loans) and InvestEU (2025, up to 2 million euros in risk coverage). Since inception, the firm has invested 8.35 million euros directly, induced 89.35 million euros in additional provincial investment (a 10x multiplier), promoted approximately 957 jobs and 101,000 m² of industrial facilities, and built a portfolio of roughly 50 companies across at least 8 verticals.

Name

Soria Futuro

Legal name

Soria Futuro S.A.

Website

https://soriafuturo.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

1–10 employees

Short description

Soria Futuro is a private regional investment society founded in 2002 in Soria, Spain, that provides participative loans, equity, and convertible debt to startups and SMEs in Soria province, targeting financial return alongside local economic development and job creation.

Ownership category

akta.pro rank

Product category

Venture Capital and Impact Investment

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282)

akta.pro primary industry

Development Finance & Blended Finance Facilities (BPADAOAD)

akta.pro secondary industry

Private Sector & Blended Finance Arms (IFC-type) (BPADACAJ)

Keywords

• Venture capital financing
• Participatory loans
• Impact investment
• Startup equity financing
• Regional economic development

Headquarters

HQ city

Soria

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Interest Income from Participative Loans: Returns on participative loans with interest rates partially tied to business evolution, providing downside protection through debt seniority while sharing in upside through variable rate components.
2. Equity Capital Gains: Minority equity stakes taken in portfolio companies with exit terms negotiated at entry. Returns generated through appreciation, dividends, and eventual divestment.
3. Strategic Accompaniment Services: Value-added strategic support services to portfolio companies, strengthening investment outcomes and fostering ecosystem development in Soria province.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Soria Futuro S.A. is a private investment company that provides venture capital and impact investment funding to startups, SMEs, and social enterprises located in the province of Soria, Spain. It deploys capital through three instruments: participatory loans (préstamos participativos), equity investment (inversión en capital social), and convertible debt (deuda convertible), supplemented by strategic accompaniment and ecosystem networking via the annual I Encuentro Empresarial.

Product overview

Soria Futuro operates as an investment society offering three main financial instruments: Préstamos Participativos (participatory loans) as the primary product line, Inversión en Capital Social (equity investment) for expansion phases, and Deuda Convertible (convertible debt) for early-stage companies. The instruments are designed to support projects at any phase of the business lifecycle—seed, startup, or expansion—within the province of Soria, Spain, with a focus on generating economic and social impact.

Differentiator

Problem solved

Functional benefit

Products and services

• Préstamos Participativos (Participatory Loans) Participative debt instrument targeted at any stage of the company lifecycle, featuring extended grace and amortization periods (up to 10 years maturity with up to 3-year grace periods), no collateral or guarantee requirements, and interest rates partially linked to the evolution of the borrower's business plan. Tickets range from 50,000 to 350,000 euros. Designed to overcome the absence of collateral that excludes many Soria-based companies from traditional bank financing.
• Inversión en Capital Social (Equity Investment) Equity investment instrument involving temporary minority stakes in non-listed companies based in Soria, primarily directed at scaling or expansion phases. Negotiated exit conditions are agreed at entry, and strategic support accompanies the investment to develop the company's business plan. Returns are generated through appreciation, dividends, and eventual divestment.
• Deuda Convertible (Convertible Debt) Hybrid financial instrument combining elements of equity and participatory loans, designed for startups and early-stage companies. It carries the option to convert into equity upon achievement of predefined milestones, does not require guarantees, and does not consume the borrower's CIRBE banking line. Suitable when the project is too early for traditional equity rounds but requires capital to reach key milestones.

Quantifiable outcome

• 89.35 million euros induced investment (10x multiplier on 8.35 million direct investment)
• +4 more outcomes

Named customers10 records

Segments3 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

Three partnerships are on record, tiered minor and important.

• Treball SolidariminorStrategic or Co-development Partner · 1 January 2025Partner in FEI InvestEU program for social entrepreneurship support in Soria province, alongside Fundacion Seira.
• Fundacion SeiraminorStrategic or Co-development Partner · 1 January 2025Partner in FEI InvestEU program for social entrepreneurship support in Soria province, alongside Treball Solidari.
• El Hueco (Incubator)importantStrategic or Co-development PartnerPartnership with El Hueco business incubator, launched Spain's first comprehensive social enterprise accelerator in 2016, accelerating 3-4 projects annually for companies with less than 2 years of operation.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bpifrance: France's national/regional public investment bank. Comparable in mission to support SMEs and startups with blended EU and national funds, deploy participative-type instruments, and operate regional offices delivering local deal flow—the clearest international parallel to Soria Futuro's public-private regional development finance model.
• COFIDES (Compañía Española de Financiación del Desarrollo): Spain's national development finance institution managing blended-finance vehicles for SMEs and impact projects. Comparable to Soria Futuro in deploying co-financed EU/public capital into venture-stage Spanish companies with both financial and development objectives.
• SODICAL Instituto Financiero de Castilla y León: Regional venture capital company of Castilla y León (same NUTS region as Soria Futuro). Direct co-investor in Agerpix Technologies and Clever Solar Devices with accumulated investment of 281M euros; nearly identical mandate of investing in Castilian-Leonese companies at seed and expansion stages, making it the closest comparable.
• Institut Català de Finances (ICF): Catalan regional public financial institution. Combines lending and equity-style instruments for SMEs in Catalonia, with EU blended-finance expertise—closely paralleling Soria Futuro's model of region-targeted blended finance for early-stage and growth companies.
• Avançsa (Empresa de Promoció i Desenvolupament Econòmic): Catalan regional investment company owned by the Generalitat de Catalunya. Analogous structure to Soria Futuro: government-affiliated holding/investment vehicle seeding industrial projects in a defined Spanish region, providing equity and quasi-equity instruments to local SMEs.

Broad incumbents

• Caixa Capital Risc: Venture and growth capital arm of CaixaBank. Comparable model of a Spanish savings-bank-affiliated investment entity investing in early-stage and growth-stage Spanish companies, but with much broader sector and geographic coverage and larger ticket sizes.
• ENISA (Empresa Nacional de Innovación): Spanish state-owned public venture capital entity providing participative loans to SMEs nationwide. Operates a similar participative-loan model nationally, but with broader geographic scope and a much larger fund base than Soria Futuro.
• Instituto de Crédito Oficial (ICO): Spain's national promotional bank. Provides wholesale and direct financing lines aligned with EU structural funds, similar to the channeling role Soria Futuro plays regionally with ICE and FEI cooperation, though on a national scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/soriafuturo
• LinkedInlinkedin.com/company/soriafuturo
• Facebookfacebook.com/soria.futuro

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments7 records

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

Frequently asked questions about Soria Futuro