Cabiedes & Partners
Also known as Cabiedes & Partners IV, SCR, S.A., Cabiedes and Partners, Cabiedes
Madrid seed fund of brothers Luis and José Martín Cabiedes (Europa Press family); family capital plus EIF and private LPs in self-managed SCRs.
USEFUL FOR Founders · Co-investors
Family & background
- FAMILY
- Martín Cabiedes family
- WEALTH ORIGIN
- Europa Press news agency
- HEADQUARTERS
- Madrid, Spain
- OUTSIDE CAPITAL
- Yes — also manages others' money
Investment approach
- GEOGRAPHY
- Spain
- STAGES
- Seed
- ROUTES
- Companies (own capital)
- STRATEGIES
- Venture capital
Overview
Cabiedes & Partners is the seed investment vehicle of brothers Luis and José Martín Cabiedes, whose family owns the Spanish news agency Europa Press. The family invested its own money in internet start-ups from the late 1990s (Olé, MyAlert, Privalia, Trovit) and later moved to CNMV-registered venture capital companies (SCRs). According to Luis Martín Cabiedes, a third of Fund III came from the family, a third from the European Investment Fund and the rest from friends, and in Fund IV half the money is not the family's; Funds III and IV were each about €24m.
Investment thesis
Early-stage investments in internet and technology start-ups.
Holdings & investments (8)
INVESTMENT ARMS & VEHICLES
- Self-managed venture capital company (CNMV reg. 189, registered 20/11/2009); earlier seed vehicle
- Self-managed venture capital company (CNMV reg. 225, registered 13/12/2013)
HOLDINGS & INVESTMENTS · MOST RECENT FIRST
- BlaBlaCar (Comuto)NOTABLEMobility & Logistics
- PrivaliaNOTABLEConsumer & E-commerce · Exited
- TrovitSoftware & SaaS · Acquired
- DucksboardSoftware & SaaS · Acquired
- OléMedia & Entertainment · Acquired (pre-fund family investment, sold to Telefónica)
- HabitissimoSoftware & SaaS
- OfferumConsumer & E-commerce
- We Are KnittersConsumer & E-commerce
People
Frequently asked questions
Cabiedes & Partners is a family-anchored fund based in Madrid, Spain.
Cabiedes & Partners invests on behalf of the Martín Cabiedes family family (Europa Press news agency).
Cabiedes & Partners invests its own capital into companies. Its stated asset mix includes venture capital.
Cabiedes & Partners invests at Seed stage in Software & SaaS and Consumer & E-commerce.
Key people at Cabiedes & Partners include Luis Martín Cabiedes (Partner; chairman of Cabiedes & Partners IV SCR) and José Martín Cabiedes (Partner; vice-chairman and general manager of Cabiedes & Partners IV SCR).
Cabiedes & Partners's holdings and investments include BlaBlaCar (Comuto), Privalia, Trovit, Ducksboard, Olé, Habitissimo, Offerum and We Are Knitters.
Yes. Cabiedes & Partners manages capital from outside investors.