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.