|Description||Early stage VC firm in Madrid (Spain)|
|Amerigo Innvierte Spain Technologies, FCR, 8/2012||€45M|
Kibo Ventures, based in Madrid (Spain) is a newly established VC Fund focused on early-stage investments in Internet and mobile-based companies. Kibo Ventures manages $60 million (€45 million) from a mix of institutional and private investors, including Telefonica, the Spanish Government (through CDTI), Mutua Madrileña (Spain’s largest insurance company) and Axis (ICO’s 25 year-old private equity arm). Specifically, Kibo likes to invest in companies which combine exceptional and committed teams, aiming to digitalize a product or service in a big-enough market with international potential. Kibo is managed by an experienced team of professionals with a solid track record, who are actively involved in the companies in which they invest. Kibo follows a stage-investment approach and financially supports portfolio companies as they grow, whilst promoting co-investment from valuable investors.