Masia, a Barcelona-based angel fund, has launched with €20 million in capital to invest in pre-Seed and Seed-stage startups in the city. Founded by Carlos Trenchs and Pepe Borrell, the fund aims to capitalize on what they see as a "tipping point" for Barcelona's burgeoning tech scene. Masia plans to make approximately sixty investments, focusing on both local and international founders building global technology companies.
The fund's strategy involves collaborative co-investing with other angel funds and micro-VCs, and selectively investing in international angel funds to build strong partnerships. Masia's advisory board includes prominent tech entrepreneurs from Barcelona, lending significant expertise and connections to its portfolio companies.
Masia's launch comes at a time when Barcelona's tech ecosystem is experiencing rapid growth, attracting both local and international talent. The founders believe Masia is uniquely positioned to support this growth by providing crucial early-stage funding and fostering connections within the broader European tech community.
The fund's early investments include companies like Fermat, Biorce, Zymvol, and Capably, showcasing its commitment to supporting innovative and promising ventures. Masia aims to play a key role in establishing Barcelona as a major European tech hub.