Fund profile / Spain

Acurio Ventures III

Geography
Spain
Stage
Pre-Seed
Fund size
€150M
Focus
E-Commerce
Signals
Published
Share
N°01 / About

About Acurio Ventures III

Acurio Ventures III is a venture capital firm based in Spain, focusing on Pre-Seed stage investments. The fund actively supports founders building innovative solutions in E-Commerce, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionSpain
Funding StagePre-Seed
Industry Focus
E-Commerce

Investor Signals Profile

active

Sweet Spot

European builders seed-stage bold vision community-engaged founders

founder-first
early conviction
people over product
community-driven
VC secondaries
European expansion
category-defining
portfolio liquidity

Bullish Signals

Secondaries I FCR €115M oversubscribed closeexternal
€300M+ AUM across Europe, dual strategytwitter
Active community: Exponential Beers, Refugio, 4YFN eventssocial
Pre-round founder relationship focusexternal
Portfolio momentum: Preply, Indexa IPO, 7 recent seed winstwitter
Kate Cornell unlock VC summit 2026 speakersocial
AcurioBeyondBusiness podcast storytelling, operator credibilitytwitter
Diego Recondo IPEM Paris speaker, liquidity thought leaderlinkedin
Exponential Beers Sep 28 Madrid with Indexa foundersocial

Contrarian Signals

Network-gated, relationship-first accessexternal
Secondaries focus may limit direct deal velocityexternal

Founder Do's

Build relationship before the round
Show how you think + move
Engage in community events early
Let thesis evolve over time
Connect at Exponential Beers, Refugio, 4YFN, Women in Startups

Founder Don'ts

Don't cold-pitch without prior contact
Don't lead with deck only

28 signals on Acurio Ventures III

9 bullish · 2 contrarian · 5 pitch do's · 2 don'ts · 10 GP profiles, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size€150M
Saves0
People

Key People

Ander Michelena, Jon Uriarte, Bart Tompkins

Geoffrey RolinPartner
Miguel GonzálezPartner
Ainhoa SaraleguiPartner
Bosco AmannPartner
Diego RecondoGeneral Partner
Kate CornellGeneral Partner
Ander MichelenaPartner
Hugo Fdez.-MardomingoPartner
Ignacio MorenoPartner
Álvaro FragosoPartner
N°04 / See also

Related Funds

Location
Spain
Stage
Series A
Focus
Insur Tech, Fintech, Enterprise Software
Manager
Mundi Ventures
Series A
Insur Tech
Fintech
Enterprise Software

Mission Pre-Seed Fund

Fund size€35M
Location
Spain
Stage
Pre Seed
Focus
Enterprise Software
Manager
Mission (ex-Demium)
Pre Seed
Enterprise Software

Kembara

Fund size€750M
Location
Spain
Stage
Series B
Focus
Deep Tech, Climate Sustainability, Ai Ml, Robotics Automation, Energy Tech, Space, Defense
Manager
Yann de Vries, Javier Santiso
Series B
Deep Tech
Climate Sustainability
Ai Ml
Robotics Automation
Energy Tech
Space
Defense