Fund profile / Spain

Abac Nest II

Geography
Spain
Stage
Pre-Seed
Fund size
€21M
Focus
AI/ML, Consumer & Commerce, Digital Health and FinTech
Signals
Published
Share
N°01 / About

About Abac Nest II

Spanish second fund backing early-stage software startups in finance, AI, digital health, and consumer with €200K-€1M per company.

N°02 / Thesis

Investment Focus

Location / RegionSpain
Funding StagePre-Seed
Industry Focus
AI/ML
Consumer & Commerce
Digital Health
FinTech

Investor Signals Profile

active

Sweet Spot

Ethical Pre-Seed/Seed tech founder, €50–500k tickets

Pre-Seed/Seed €50k–€500k
B2B SaaS + deep tech
Purpose-driven founders
ESG/impact-aligned
Tech-scalable businesses

Bullish Signals

€150M deployed in VCwebsite
30+ entrepreneur & operating partners networkwebsite
€600M AUM across Abac Capital vehicleswebsite
7+ confirmed exits: Cobee, Reby, Rimbo, Catevering, Mr. Noow, Innroute, UpRingwebsite
40+ portfolio companies across Abac Nest fundswebsite
B Corp certified 2021, transparent impact focuswebsite
UN PRI A+ rated 2020, SFDR Article 8website
100yrs combined co-investing team experiencewebsite
UN Global Compact Silver Signatory 2021website
CNMV registered, TCFD supporter since 2020website
AI/GenAI portfolio active: Anyformat, Galtea, Konvo, Uxia, Elsawebsite
B2B SaaS depth: fintech, payroll, logistics, tax, HR, CX, AP/ARwebsite
Deep tech: Nextmol (computational chemistry), Steryon (cyber resilience)website
Healthtech focus: Punto Health, Kmina, Devicare, dementia/elderly carewebsite
B Impact Assessment rolled out to portfolio companieswebsite
SDG tracking & UN Global Compact alignment embeddedwebsite
Clear, direct, agile investment processwebsite
Abac Nest II FCRE vehicle confirmed current fund strategywebsite
Founders build future together, speed-up support modelwebsite

Contrarian Signals

Spain-centric deal flow, limited geographic reachexternal
Small-check fund: €50k–€500k onlywebsite
Strict ESG criteria may eliminate high-growth dealsexternal
Portfolio breadth inconsistent: pet food, eyewear, apparel, events mixwebsite
D2C lifestyle brands (Food for Joe, Brava Fabrics, Project Lobster) dilute tech thesiswebsite
Marketplace/ticketing (Trustiu, Closer2event) blur core B2B SaaS focuswebsite

Founder Do's

Show unwavering ethics & integrity
Build large-scale tech-based businesses
Demonstrate conviction + clear purpose
Pursue sustainable business models
Send deck via website form

Founder Don'ts

No pre-revenue moonshots lacking tech foundation
Never compromise ethics for growth
Avoid non-scalable/manual models

40 signals on Abac Nest II

19 bullish · 6 contrarian · 5 pitch do's · 3 don'ts · 7 GP profiles, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size€21M
Saves0
People

Key People

Joan Pina Ollé, Oriol Pinya

Borja Martinez de la RosaFounding Partner
Joan PinaPartner
Rubén BonetVenture Partner
Marta CampilloPrincipal
Tristán CondeAssociate
María MasSustainability Lead & VC Controller
Victoria MorettiAnalyst
N°04 / See also

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