The seed round was backed by TIN Capital, Kibo Ventures, and eCAPITAL.
The Series A was led by Cathay Innovation and Kfund’s early-growth fund Leadwind, with participation from Frontline Ventures, Seaya Ventures, and Shilling.
The new fund has appointed Enrique Domínguez, founder of Spanish hotel operator Gaiarooms, which manages over 100 properties and 1,500 rooms, as Head of Investment Strategy.
The investment was backed by First Drop VC, Urriellu Ventures, existing investors, and ENISA.
The fund is supported by a diverse group of institutional investors, corporates, family offices, and long-term partners.
The fresh funding was backed by Kibo Ventures, alongside returning investors 4Founders Capital, Abac Nest Ventures and Decelera Ventures.
The €3 million pre-seed financing round was led by Criteria Bio Ventures.
The new fund saw support from leading European family offices with deep expertise in the consumer sector.