XesGalicia
Wholly owned venture capital manager of Instituto Galego de Promoción Económica (IGAPE)
Also known as XesGalicia SGEIC, S.A.U., XesGalicia, Sociedad Gestora de Entidades de Inversión de Tipo Cerrado, S.A.U.
Xunta de Galicia's venture capital manager (SGEIC, wholly owned by IGAPE); runs Sodiga Galicia SCR and three Galician funds taking minority stakes and granting participative loans.
- HEADQUARTERS
- Santiago de Compostela, Spain
- FOUNDED
- 1999
- AUM
- —
- OUTSIDE CAPITAL
- —
- TEAM LISTED
- 2 people
Focus
- STAGES
- SeedSeries AGrowth
- SECTORS
- —
- ASSET MIX
- Direct investmentsVenture capital
- GEOGRAPHY
- Spain
Overview
XesGalicia is a public company of the Xunta de Galicia, attached to the regional Ministry of Economy and Industry, that has managed Galician venture capital vehicles since 1999. It finances companies through temporary minority stakes, participative loans and long-term ordinary loans to portfolio companies. It manages Sodiga Galicia SCR and the funds Galicia Compite, Galicia Innova Tech and Galicia Iniciativas Emprendedoras, and its investee list also includes commitments to third-party venture funds.
Investment thesis
Non-financial, unlisted companies developing activity in Galicia, from new innovative and technology-based ventures to expansion, M&A and succession deals; each managed vehicle has its own criteria.
PORTFOLIO (13)
- Situm Technologies, S.L.NOTABLESoftware & SaaS
- Kreios Space, S.L.Space
- Uarx Space, S.L.Space
- Oncostellae, S.L.Biotech & Life Sciences
- Libera Bio, S.L.Biotech & Life Sciences
- Celtarys Research, S.L.Biotech & Life Sciences
- Appentra Solutions, S.L.Software & SaaS
- Coinscrap Finance, S.L.Fintech
- Carrocera Castrosúa, S.A.Mobility & Logistics
- K Fund II, F.C.R.E. (fund commitment)
- Kibo Ventures Fund III, F.C.R.E. (fund commitment)
- Alma Mundi Fund II, F.C.R.E. (fund commitment)
- Bsocial Impact Fund, F.E.S.E. (fund commitment)
People
Links
Frequently asked questions
XesGalicia is a government-backed fund based in Santiago de Compostela, Spain, founded in 1999.
Yes. XesGalicia invests its own capital in private companies. It also commits capital to third-party funds as an LP.
XesGalicia invests at Seed, Series A and Growth stages.
Key people at XesGalicia include Raquel Rodríguez Espiño (Director General) and María Jesús Lorenzana Somoza (Chair of the Board).
XesGalicia's investments include Situm Technologies, S.L., Kreios Space, S.L., Uarx Space, S.L., Oncostellae, S.L., Libera Bio, S.L., Celtarys Research, S.L., Appentra Solutions, S.L. and Coinscrap Finance, S.L., among others.
XesGalicia states that it accepts submissions through its official contact page.