Abac Nest II

Spain
Pre Seed
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About Abac Nest II

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

Investment Focus

Location / RegionSpain
Funding StagePre Seed
Industry Focus
Ai Ml
Consumer Commerce
Digital Health
Fintech

Investor Signals Profile

active

Sweet Spot

Pre-Seed/Seed tech founder, purpose-driven, B2B scalable

Pre-Seed/Seed
B2B SaaS
deep tech
purpose-driven founders
ESG/impact

Bullish Signals

€150M deployed in VCexternal
30+ entrepreneur operating partners networkexternal
€600M AUM across Abac Capitalexternal
35+ portfolio companies, 3+ exitsexternal
B Corp certified since 2021external
UN PRI A+ rating 2020external
100yrs combined co-investing experienceexternal
Article 8 SFDR fund — ESG embeddedexternal
UN Global Compact Silver Signatory 2021external
CNMV registered, TCFD supporter since 2020external
5+ confirmed exits in portfoliowebsite
Broad sector coverage: SaaS, AI, deep techwebsite
AI/GenAI portfolio companies already activewebsite
6 confirmed labeled exits (Cobee, Reby, Rimbo, Catevering, Mr. Noow, Innroute)website
30+ portfolio companies across two fundswebsite
AI verticals: compliance, UX, AR, fintechwebsite
Ukraine charity matching — values-led teamwebsite
DEI non-discrimination policy publishedwebsite
7 confirmed exits including UpRingwebsite
Fintech, healthtech, cybersec, edtech coveredwebsite
B Impact Assessment rolled out to portfoliowebsite
SDG-aligned investment tracking in placewebsite

Contrarian Signals

Spain-centric deal flow primarilyexternal
Small tickets: €50k–€500k onlyexternal
Heavy ESG criteria may filter dealsexternal
D2C/lifestyle also in portfolio — thesis blurringwebsite
Pet food, eyewear, apparel — non-tech bets presentwebsite
Mobility, marketplace, events — broad scopewebsite

Founder Do's

Show strong ethics & integrity
Build scalable tech business
Have conviction & clear purpose
Redefine industry sustainably
Send deck directly via website

Founder Don'ts

No pre-revenue moonshots without tech base
Don't compromise ethics for growth
Avoid non-scalable business models

Key GPs & Partners

BM
Borja Martinez de la Rosa
Founding Partner
ex-Apax 13yrsHarvard MBA Fulbrightex-BCG/Goldman
JP
Joan Pina
Partner
serial entrepreneurex-PwC NY/Dublintriathlon fan
RB
Rubén Bonet
Venture Partner
deep tech expertWEF Pioneer 2005Marathon des Sables
MC
Marta Campillo
Principal
ex-BStartup Sabadellangel network directorESADE MBA
TC
Tristán Conde
Associate
ESADE/Bocconifinance focusedParis/Boston programs
MM
María Mas
Sustainability Lead & VC Controller
ex-Deloitte Senior AuditorESG focusESADE
VM
Victoria Moretti
Analyst
ESADE gradUniv. Sydney exchangetech enthusiast

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Fund Overview

Fund Size€21M
Saves0

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

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