Adara Ventures, a European threat capital firm specialised in deep-stage deep expertise investments, introduced the primary profitable closure of the fourth pilot fund (AV4), which targets 100 million euros in capital commitments. This new fund strengthens the focus of Adara on the availability of robust yields within the strategic sectors, together with the cybersecurity, the utilized, the digital infrastructure, the , the digital well being and the area.
Advanced cyber safety threats are vital dangers for corporations and people, whereas the power sector is scuffling with the transition to sustainable and accessible options. Medical help programs are dealing with issues of accessibility and effectivity, and digital infrastructure doesn’t usually have scalability and reliability. Adara Ventures addresses these challenges by investing in European corporations in an early stage that develop revolutionary options in these sectors.
The rising frequency and class of the threats of cybersecurity requires the newest options. Adara helps corporations that develop superior applied sciences to guard corporations and people from these evolving dangers. Within the power sector, the pressing want for sustainable options determines innovation. Adara Ventures Power (Ave), the primary pan-European fund of the corporate, targeted on power transition applied sciences, helps pioneering corporations in these options.
Digital infrastructure is one other key focus space, as a result of corporations attempt to successfully develop digital capabilities. Adara’s investments goal to extend the reliability and scalability of digital infrastructure, serving to corporations prosper in a fast digital panorama.
Nico Goulet, a founding companion of Adara Ventures, mentioned: “We’re extraordinarily proud to announce the primary profitable closure of AV4. Within the final 9 months, we’ve supplied over 140 million euros in commitments from our funds to fourth era. Together with AV4, it consists of Adara Ventures Power (Ave), our first Pan-European fund devoted to power transition applied sciences. In probably the most troublesome fundraising environments of the final 20 years, our robust DPI registration, the disciplined funding technique and the concentrated fund mannequin make AV4 a convincing alternative for our restricted companions. “
Behind Adara Ventures: Constructing the next era of European Deeptech leaders
Adara Ventures was based in 2005 by Alberto Gómez (graduate MIT and Harvard, former marketing consultant McKinsey) and Nicolás Goulet (graduate MIT, former skilled in Consulting Andersen). Their mission is to affiliate with the European founders in an distinctive incipient stage focusing on the B2B international markets. Based mostly in Madrid, Spain, Adara Ventures is specialised in Investments in deep -stage deep expertise In cyber safety, you’ve got utilized, digital infrastructure, and digital well being elements.
The corporate helps the founders of viewers with confirmed merchandise which are prepared for the size. These startups strategy advanced challenges in cybersecurity, power transition, digital well being and superior applied sciences. As an alternative of following unicorns, Adara focuses on “dragons” – corporations able to returning the complete fund. This technique has confirmed to achieve success, every earlier era of funds producing at the least one “dragon”.
Adara is supported by over 130 restricted companions, together with institutional traders, pension funds, belongings, individuals of excessive worth and household places of work. “We’re primarily proud to obtain new anchoring traders on this first closure, in addition to a brand new era of Adara portfolio founders who make investments as LPS – a real will of our worthwhile proposal,” mentioned Alberto Gómez.
Adara invests actively from AV4 and Ave, intends to finish the primary three investments in every fund within the first half of 2025. Each funds stay open to new traders thinking about profound expertise alternatives.
Adara portfolio: EUR 350 million in Deeptech Innovation
Since its institution in 2005, Adara Ventures has achieved greater than 350 million euros in belongings. The corporate has invested in over 50 pioneering corporations in Europe and the US, with over 10 profitable exits. Notable purchases embrace Alienvault (by AT&T), Playgiga (by Meta – marking the primary Spanish begin -up by Fb) and Seedtag (Creation Worldwide). Right now’s portfolio has excessive development corporations, similar to Quibim (Spain), Cyber Guru (Italy) and Satvu (UK).
Goulet commented: “In a sector obsessive about unicorns, our philosophy has all the time been to maximise” dragons ” – corporations that return the entire fund. We’re proud to have produced at the least one dragon in our earlier funds, having AV2 to categorise among the many first 5% of VC funds in Europe for its time. “
As Adara Ventures expands its portfolio, it stays targeted on the partnership with the European founders in an distinctive incipient stage focusing on the B2B international markets.