The fund has total investment coming to €190 million.
Barcelona, 3rd October 2021. The ICF has committed €15 million to Nauta Tech Invest V, Nauta Capital’s fifth fund specialising in B2B software start-ups. The Barcelona-based venture capital firm has announced the final closure of this fund which has raised a total of €190 million through various venture capital funds, financial institutions and family offices.
Nauta first closed the fund at €120 million in 2020. Since then it has invested in eleven seed-stage and Series A start-ups which develop B2B software platforms designed to meet the technological challenges of companies. They include Cledara (purchasing and management software), Nhost (open source platform), AppFollow (app analysis and management platform), ifeel (workplace wellbeing solutions), insureQ (insurance for SMEs) and Gophr (last-mile delivery).
“We are very grateful to the investors who have recommitted to Nauta Capital, thus signalling their confidence in our investment strategy,” said Carles Ferrer, General Partner at Nauta Capital in London. Nauta Capital’s investors include the Dutch family office Merifin Capital, BBVA Asset Management’s Private Markets division, British Patient Capital, Spain’s ICO, the European Investment Fund and the German KfW Capital fund.
“We are firmly committed to driving the tech sector,” commented Irene Bertran, Director of Venture Capital Fund Investment at the ICF. “Nauta is an outstanding partner in promoting entrepreneurship in this field.” Bertran also noted that “the ICF has commitments in 53 investment vehicles, thereby enhancing its role as an investor in venture capital funds which support the creation, innovation and growth of businesses in a range of segments and industries.”
Nauta Capital currently has over €550 million in assets under management and is one of the largest venture capital firms investing in early-stage technology companies in Europe.
About the ICF
The Institut Català de Finances is Catalonia’s public financial institution. Its main mission is to foster funding for the business community in Catalonia in order to support the growth, innovation and sustainability of the Catalan economy. The ICF acts as a complement to the private sector by offering a wide range of financing solutions focusing on loans, guarantees and venture capital. Since 2014 it has been a member of the European Association of Public Banks (EAPB) which brings together most of the public banks and financial institutions operating in Europe.