Kibo Ventures

Kibo Ventures Kibo Ventures has built a significant Spanish VC platform with €500M-plus in AUM across multiple strategies. Fund IV reached an €80M first close with a €150M hard cap targeting Q2 2026, backed by institutional LPs including BBVA Spark, the Mahou founding family, CVC Capital Partners family office, IEF, Telefonica, CDTI, and Mutua Madrileña. The firm leads seed and Series A rounds with approximately €5M checks, targeting 20- 25 deals per fund. With 247 total investments, the portfol