Hazibide
Seed capital company majority-owned by Diputación Foral de Álava
Also known as Hazibide, S.A., Hazibide - Empresa de Capital Semilla
Álava seed capital company (est. 1998), majority-owned by the Diputación Foral de Álava; takes temporary 5–20% minority stakes of up to €100K in Álava tech and industrial companies.
- HEADQUARTERS
- Vitoria-Gasteiz, Spain
- FOUNDED
- 1998
- AUM
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- —
FOCUS
- STAGES
- Seed
- SECTORS
- Industrial & ManufacturingArtificial IntelligenceHealthTechBiotech & Life SciencesFood & AgricultureClimate & Energy
- ASSET MIX
- Venture capitalDirect investments
- GEOGRAPHY
- Spain
WHAT IT IS
Government-backed Fund. Public money — a state or EU-backed vehicle investing on behalf of taxpayers, often with policy goals.
ABOUT
Hazibide, S.A. is a seed capital company founded in 1998 in Vitoria-Gasteiz that invests in companies from the historic territory of Álava through temporary, minority stakes in their share capital. Its shareholders shown on its site are the Diputación Foral de Álava, Kutxabank, Vitoria-Gasteiz city council, Talde and Konfekoop; the Diputación describes its holding as a majority stake. In October 2025 it was relaunched with a new investment strategy and management by Radar Ventures. It invests up to €100,000 per company for 5–20% of the equity, holding for five to seven years.
INVESTMENT THESIS
Technology projects with their own product or IP, registered and tax-domiciled in Álava, preferably 2–3 years old, with a finished MVP and first sales or sales expected within 6–12 months; priority sectors are industry (advanced manufacturing, automation, robotics, AI, IoT, sustainable materials), health and life sciences, agrotech, energy, and recycling and environment. Excludes services, finance, real estate, hospitality and small retail.
LINKS
FAQ
Hazibide is a government-backed fund based in Vitoria-Gasteiz, Spain, founded in 1998.
Yes. Hazibide invests directly in private companies.
Hazibide invests at Seed stage in Industrial & Manufacturing, Artificial Intelligence, HealthTech, Biotech & Life Sciences, Food & Agriculture and Climate & Energy.
Hazibide's stated ticket size is Up to €100K.
Hazibide states that it accepts submissions through its official contact page.
No. Hazibide invests its own capital and does not raise money from outside investors.