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Private Equity FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 8 SOURCES

Mago Equity

Also known as Mago Equity SGEIC, S.A.

Madrid SGEIC (CNMV no. 177, 2021) running Mago Equity Fund I FCRE, an SFDR Article 9 fund taking €2M–€10M growth stakes in Spanish SMEs with environmental or social impact.

HEADQUARTERS
Madrid, Spain
FOUNDED
2021
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
2 people

Focus

STAGES
Growth
SECTORS
Climate & EnergyIndustrial & ManufacturingFood & Agriculture
ASSET MIX
Private equityImpact
GEOGRAPHY
Spain

Overview

Mago Equity SGEIC, S.A. was registered with the CNMV in April 2021 as a manager focused on Spanish SMEs whose business models carry a positive environmental or social contribution. Its single fund, Mago Equity Fund I FCRE (a European venture capital fund, CNMV no. 38), takes temporary growth stakes of €2M–€10M in companies with up to €4M EBITDA, and is classified under SFDR Article 9. The fund's three disclosed investments are Igneo Ingeniería Sostenible (2022), Emberiza Medioambiente (2023) and iEnergest (2026). Its team page lists Carlos Gómez-Múgica and José María Marco, who are the joint CEOs per the CNMV register.

Investment thesis

Growth investments in profitable Spanish SMEs with up to €4M EBITDA whose business models include environmental and/or social factors, in three verticals: energy transition (renewables, self-consumption, efficiency, electrification, cleantech), sustainable industry (circular economy, waste valorisation) and healthy food. Investments combine capital and participative loans, with board-level impact monitoring.

PORTFOLIO (3)

People

  • Carlos Gómez-Múgica
    Team member (listed on the team page) · source
  • José María Marco
    Team member (listed on the team page) · source

Links

Frequently asked questions

Mago Equity is a private equity fund based in Madrid, Spain, founded in 2021.

Yes. Mago Equity invests its own capital in private companies.

Mago Equity invests at Growth stage in Climate & Energy, Industrial & Manufacturing and Food & Agriculture.

Mago Equity's stated ticket size is €2M–€10M.

Key people at Mago Equity include Carlos Gómez-Múgica (Team member (listed on the team page)) and José María Marco (Team member (listed on the team page)).

Mago Equity's investments include Igneo Ingeniería Sostenible, Emberiza Medioambiente and iEnergest.

The most recent publicly reported investment by Mago Equity is iEnergest (Growth), announced in Jul 2026.

Yes. Mago Equity manages capital from outside investors.