Next generation venture capital fund focused on pre-seed and seed. Co-Founded by Enrique Linares, co-founder of Letgo, the 1st Spanish start-up valued at over $1bn, and Oriol Juncosa, prominent investor and advisor to start-ups, co-founder and managing partner of ESC (formerly Encomenda Smart Capital), former CFO of Carto, a leading SaaS company and investment director with Nauta Capital

➡️ Please send your deck / pitch / email to: oriol-juncosa@encomenda.com✅ Super angel fund targeting early seed investments in Spain and LatAm markets

Advisory firm for high growth SMEs

Cobee is the leading HR benefits platformLed the pre-seed investment round and co-invested in Seed and Series ASeed round led by SpeedinvestSeries A round led by BaldertonSeries B round led by Octopus and NotionSuccessful exit to Pluxee in June 2024, the largest exit of a SaaS Spanish start-up since 2021

Led the pre-seed investment roundFollow-on by ConexoSuccessful exit to Borneo, a Singapore data security company

Leading insurtech SaaS company headquartered in Spain and operating across EuropeSuccessful exit to AllianzX in 2021. The largest exit of an insurtech start-up in Southern Europe

Pre-seed investor at Holded (business angel)Seed with Nauta CapitalSeries A with LakestarSeries B with ElaiaSuccessful exit in 2021 to Visma. The largest exit of a SaaS Spanish start-up since 2020

Leading geospatial data analytics companyRaised $8m in 2014 from Earlybird, Kibo and VitaminaRaised $23m in 2015 from Accel PartnersAcquired Nutiteq, an Estonian company, in 2016Raised $61m in 2021 from Insight Ventures

Nauta Capital is a technology-focused venture capital fund investing in Internet, eCommerce, mobile and software across Europe and in the US with offices in Barcelona and Boston and a permanent presence in London. Nauta currently manages over $200m across three funds, focusing mainly on series A.Selected investments:-ForceManager (sales force manger, SaaS, B2B): invested $2.5m-ABAEnglish (elearning, subscription business, B2C and B2B): invested $3m-SocialPoint (social games): invested $2m. Sold it for $276m in 2017 (largest exit in Spain in 2017)

M&A, Financing and Restructuring