CDTI Innovación, through its Innvierte initiative, has committed to investing up to €37.5 million in ADARA VENTURES IV, F.C.R.E. (AV4), managed by ADARA VENTURES, SGEIC, S.A. This commitment aims to promote the development of companies focused on the commercialization and application of groundbreaking scientific discoveries related to engineering or industrial property, or companies with a significant technological component—mainly in the fields of cybersecurity, data and artificial intelligence, digital health, and digital components and infrastructure.
ADARA VENTURES, SGEIC, S.A.
Since its founding in 2005, Adara Ventures—manager of the ADARA VENTURES IV, F.C.R.E. (AV4) fund—has invested in more than 50 pioneering European companies, achieving over a dozen notable exits. These include AlienVault (acquired by AT&T), PlayGiga (acquired by Meta, becoming the first Spanish startup bought by Facebook), and Seedtag (acquired by Advent International).
The firm currently manages over €350 million in assets and focuses on early-stage investments in companies with a European presence that operate in global B2B markets. Its investment focus includes cybersecurity, data infrastructure and applications, hardware components, digital health, space technologies, and energy transition.
Its current portfolio includes high-growth companies such as Quibim (Spain), Cyber Guru (Italy), and Jotelulu (Spain).
Innvierte is an initiative designed to promote business innovation by supporting venture capital investments in technology-based or innovative companies. The program is implemented through Innvierte Economía Sostenible SICC S.M.E., S.A., a self-managed closed-end investment company supervised by the Spanish National Securities Market Commission (CNMV), with CDTI Innovación as its sole shareholder.
To date, CDTI Innovación has committed €2.183 billion to 57 investment vehicles, which have invested in more than 602 companies. Through its co-investment scheme, it has directly committed €632 million in 188 companies.
Innvierte is part of the Spanish Strategy for Science, Technology and Innovation 2021–2027, approved by the Council of Ministers in September 2020. This strategy outlines the objectives, reforms, and measures to be implemented in the field of R&D&I to boost its growth and impact and serves as a foundation for the Spanish Government’s innovation policy over the coming years.
The Centre for the Development of Industrial Technology (CDTI E.P.E.) is the innovation agency of the Ministry of Science, Innovation and Universities, whose mission is to promote technological innovation within the business sector. CDTI’s mission is to ensure that the Spanish business ecosystem generates and transforms scientific and technical knowledge into globally competitive, sustainable, and inclusive growth. In 2024, as part of its new strategic plan, CDTI provided more than €2.3 billion in support to Spanish companies and startups.
More information:
ADARA VENTURES:
cloud technology axon
Since Suma Capital’s entry in 2020, Gestcompost has quadrupled its E...
