NEWS & VIEWS

Global private equity and venture capital news and research

Spanish VC Onza Capital raises €18m towards first fund

16 Apr 2014

Madrid-based venture capital firm Onza Capital has raised €18m towards its inaugural fund, its founder José María Irisarri told El Confidencial.

The fund has a final target of €25m and is seeking a second closing next month, he said.

The firm will target internet and mobile applications, investing beyondthe  seed stage, as it focuses on companies entering the first phase of growth, he said. It has already completed three investments up to four other projects in due diligence.

The fund will aim to invest in up to twelve companies, with a lifespan of five to six years, Irisarri said.

Onza Capital is part of the Onza Group, which combines companies involved in banking security, industrial safety, residential security, transportation exchange and surveillance systems, amongst others.

Copyright © 2014 AltAssets

FUNDRAISING & INVESTOR RELATIONS


Legals & Terms of UsePrivacy Policy


AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: Zetland House, 5-25 Scrutton St, London EC2A 4HJ
Content is © AltAssets 2000-2014